Equities analysts expect that Herc Holdings Inc. (NYSE:HRI) will announce earnings per share of $1.90 for the current quarter, Zacks reports. Zero analysts have issued estimates for Herc’s earnings. Herc reported earnings of $0.95 per share in the same quarter last year, which would indicate a positive year over year growth rate of 100%. The firm is expected to announce its next earnings report before the market opens on Thursday, February 27th.

On average, analysts expect that Herc will report full year earnings of $3.48 per share for the current year, with EPS estimates ranging from $3.47 to $3.49. For the next year, analysts forecast that the business will report earnings of $4.39 per share, with EPS estimates ranging from $4.34 to $4.44. Zacks Investment Research’s earnings per share averages are an average based on a survey of sell-side research analysts that that provide coverage for Herc.

HRI has been the topic of several recent research reports. Zacks Investment Research downgraded Herc from a “buy” rating to a “hold” rating in a research note on Wednesday, January 1st. TheStreet downgraded Herc from a “c” rating to a “d+” rating in a research note on Monday, February 3rd. Finally, ValuEngine raised Herc from a “sell” rating to a “hold” rating in a research note on Tuesday, February 4th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus price target of $58.00.

Several large investors have recently added to or reduced their stakes in HRI. First Trust Advisors LP lifted its stake in Herc by 95.0% during the 1st quarter. First Trust Advisors LP now owns 81,865 shares of the transportation company’s stock valued at $3,191,000 after acquiring an additional 39,880 shares in the last quarter. UBS Asset Management Americas Inc. lifted its stake in Herc by 47.1% during the 2nd quarter. UBS Asset Management Americas Inc. now owns 15,219 shares of the transportation company’s stock valued at $697,000 after acquiring an additional 4,876 shares in the last quarter. Price T Rowe Associates Inc. MD lifted its stake in Herc by 24.7% during the 2nd quarter. Price T Rowe Associates Inc. MD now owns 21,496 shares of the transportation company’s stock valued at $985,000 after acquiring an additional 4,263 shares in the last quarter. United Services Automobile Association bought a new position in Herc during the 2nd quarter valued at $306,000. Finally, Bailard Inc. bought a new position in Herc during the 3rd quarter valued at $326,000. Hedge funds and other institutional investors own 93.59% of the company’s stock.

Shares of NYSE HRI traded down $0.83 during trading on Friday, hitting $43.02. The company had a trading volume of 71,067 shares, compared to its average volume of 185,086. The stock has a 50 day simple moving average of $45.11 and a 200 day simple moving average of $45.20. The company has a debt-to-equity ratio of 4.10, a quick ratio of 0.96 and a current ratio of 0.96. Herc has a 12 month low of $33.79 and a 12 month high of $50.81. The firm has a market capitalization of $1.26 billion, a P/E ratio of 27.23, a price-to-earnings-growth ratio of 0.45 and a beta of 3.38.

About Herc

Herc Holdings Inc, together with its subsidiaries, operates as an equipment rental supplier. It rents aerial, earthmoving, material handling, trucks and trailers, air compressors, compaction, and lighting equipment, as well as generators, and safety supplies and expendables; and provides ProSolutions, an industry specific solution based services, such as pumping solutions, power generation, climate control, remediation and restoration, and studio and production equipment.

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