Hertz Global Holdings (NYSE:HTZ) Earning Somewhat Positive Media Coverage, Accern Reports

News stories about Hertz Global Holdings (NYSE:HTZ) have trended somewhat positive on Sunday, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Hertz Global Holdings earned a daily sentiment score of 0.16 on Accern’s scale. Accern also assigned media stories about the transportation company an impact score of 83 out of 100, indicating that recent press coverage is very likely to have an effect on the company’s share price in the near future.

These are some of the media stories that may have effected Accern Sentiment Analysis’s analysis:

Shares of Hertz Global Holdings (NYSE:HTZ) opened at 17.34 on Friday. The company’s market capitalization is $1.45 billion. The firm’s 50-day moving average price is $12.46 and its 200 day moving average price is $16.09. Hertz Global Holdings has a 52-week low of $8.52 and a 52-week high of $52.27.

Hertz Global Holdings (NYSE:HTZ) last issued its earnings results on Monday, May 8th. The transportation company reported ($1.61) EPS for the quarter, missing the Zacks’ consensus estimate of ($1.00) by $0.61. The company had revenue of $1.92 billion for the quarter, compared to analysts’ expectations of $1.94 billion. Hertz Global Holdings had a negative return on equity of 1.86% and a negative net margin of 7.60%. The business’s revenue was down 3.4% compared to the same quarter last year. During the same period last year, the business posted ($0.79) earnings per share. On average, equities analysts forecast that Hertz Global Holdings will post ($0.62) earnings per share for the current year.

A number of equities research analysts have weighed in on the company. BidaskClub downgraded Hertz Global Holdings from a “buy” rating to a “hold” rating in a research report on Tuesday, July 25th. Zacks Investment Research cut Hertz Global Holdings from a “hold” rating to a “sell” rating in a research note on Tuesday, July 18th. ValuEngine cut Hertz Global Holdings from a “hold” rating to a “sell” rating in a research note on Monday, July 17th. MKM Partners reaffirmed a “buy” rating and set a $22.00 price objective on shares of Hertz Global Holdings in a research report on Wednesday, June 28th. Finally, Barclays PLC set a $9.00 price objective on Hertz Global Holdings and gave the company a “hold” rating in a research report on Sunday, May 14th. Four investment analysts have rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $22.71.

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Hertz Global Holdings Company Profile

Herc Holdings Inc, formerly Hertz Global Holdings, Inc, is a holding company. The Company is engaged principally in the business of renting and leasing of cars through its Hertz, Dollar, Thrifty and Firefly brands, and equipment through its Hertz Equipment Rental brand. It operates through four segments: U.S.

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