Hertz Global (NYSE:HTZ) Upgraded to “Sell” by StockNews.com

Hertz Global (NYSE:HTZGet Free Report) was upgraded by research analysts at StockNews.com to a “sell” rating in a research note issued on Thursday.

Hertz Global Trading Down 2.5 %

Shares of Hertz Global stock opened at $3.07 on Thursday. The firm has a market capitalization of $938.85 million, a P/E ratio of -7.87 and a beta of 2.02. The business has a fifty day simple moving average of $3.28 and a two-hundred day simple moving average of $4.33. Hertz Global has a 12 month low of $2.47 and a 12 month high of $11.60.

Hertz Global (NYSE:HTZGet Free Report) last announced its quarterly earnings data on Thursday, August 1st. The company reported ($1.44) EPS for the quarter, missing the consensus estimate of ($1.21) by ($0.23). The business had revenue of $2.35 billion during the quarter, compared to analyst estimates of $2.48 billion.

About Hertz Global

(Get Free Report)

Hertz Global Holdings, Inc operates as a vehicle rental company. The company operates through two segments, Americas Rental Car and International Rental Car. It offers vehicle rental services under the Hertz, Dollar, and Thrifty brands from company-operated, licensee, and franchisee locations in the United States, Africa, Asia, Australia, Canada, the Caribbean, Europe, Latin America, the Middle East, and New Zealand.

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