Analysts expect that Herc Holdings Inc. (NYSE:HRI) will post earnings per share (EPS) of $0.25 for the current fiscal quarter, according to Zacks. Two analysts have issued estimates for Herc’s earnings. The lowest EPS estimate is $0.11 and the highest is $0.33. Herc posted earnings per share of $0.04 during the same quarter last year, which would indicate a positive year-over-year growth rate of 525%. The company is expected to announce its next earnings report before the market opens on Thursday, April 22nd.

On average, analysts expect that Herc will report full-year earnings of $4.37 per share for the current year, with EPS estimates ranging from $4.31 to $4.46. For the next financial year, analysts expect that the business will post earnings of $5.58 per share, with EPS estimates ranging from $5.00 to $5.91. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side research firms that that provide coverage for Herc.

Herc (NYSE:HRI) last posted its quarterly earnings data on Thursday, February 18th. The transportation company reported $1.35 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.01 by $0.34. Herc had a return on equity of 13.48% and a net margin of 4.07%. The business had revenue of $520.40 million for the quarter, compared to analysts’ expectations of $483.75 million.

Several research analysts have weighed in on HRI shares. Redburn Partners started coverage on Herc in a research report on Wednesday, February 24th. They issued a “buy” rating on the stock. Robert W. Baird boosted their price objective on Herc from $80.00 to $88.00 and gave the stock an “outperform” rating in a research report on Thursday, February 18th. KeyCorp boosted their price objective on Herc from $112.00 to $120.00 and gave the stock an “overweight” rating in a research report on Monday, March 29th. Barclays boosted their price objective on Herc from $80.00 to $115.00 and gave the stock an “overweight” rating in a research report on Monday, March 22nd. Finally, Northcoast Research restated a “neutral” rating on shares of Herc in a research note on Tuesday, March 16th. One research analyst has rated the stock with a hold rating, six have given a buy rating and one has assigned a strong buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $77.67.

Several institutional investors and hedge funds have recently modified their holdings of HRI. IFP Advisors Inc raised its stake in shares of Herc by 40,000.0% in the fourth quarter. IFP Advisors Inc now owns 401 shares of the transportation company’s stock valued at $27,000 after buying an additional 400 shares during the period. Barrow Hanley Mewhinney & Strauss LLC bought a new stake in shares of Herc during the 4th quarter valued at $30,000. Bessemer Group Inc. bought a new stake in shares of Herc during the 4th quarter valued at $33,000. Jacobi Capital Management LLC raised its stake in shares of Herc by 987.9% during the 4th quarter. Jacobi Capital Management LLC now owns 718 shares of the transportation company’s stock valued at $48,000 after purchasing an additional 652 shares during the period. Finally, US Bancorp DE raised its stake in shares of Herc by 1,702.4% during the 4th quarter. US Bancorp DE now owns 739 shares of the transportation company’s stock valued at $49,000 after purchasing an additional 698 shares during the period. Hedge funds and other institutional investors own 94.53% of the company’s stock.

HRI stock traded up $0.49 during midday trading on Friday, hitting $96.55. The company’s stock had a trading volume of 1,618 shares, compared to its average volume of 228,410. The stock’s 50-day moving average price is $92.98 and its 200 day moving average price is $66.43. The company has a quick ratio of 1.28, a current ratio of 1.28 and a debt-to-equity ratio of 2.83. Herc has a 1 year low of $18.00 and a 1 year high of $110.03. The stock has a market cap of $2.84 billion, a price-to-earnings ratio of 38.58, a PEG ratio of 1.64 and a beta of 3.22.

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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