HTZ Stock Summary and Trading Ideas (Hertz Global Holdings | NASDAQ:HTZ)

Hertz Global Holdings Inc is engaged principally in the business of renting vehicles through Hertz, Dollar and Thrifty brands. The Company has identified two reportable segments: Americas RAC: Rental of vehicles, as well as sales of vehicles and value-added services, in the U.S., Canada, Latin America and the Caribbean; International RAC: Rental of vehicles, as well as sales of vehicles and value-added services, in locations other than the U.S., Canada, Latin America and the Caribbean. The Company maintain a substantial network of company-operated rental locations, a majority of which are in Europe, and have franchisees and partners that operate rental locations under brands. Geographical markets includes U.S., Europe, Pacific Asia, Middle East and Africa, Latin America.

Hertz Global Holdings trades on the NASDAQ stock market under the symbol HTZ.

As of February 21, 2025, HTZ stock price declined to $4.18 with 2,610,643 million shares trading.

HTZ has a beta of 1.53, meaning it tends to be more sensitive to market movements. HTZ has a correlation of 0.06 to the broad based SPY ETF.

HTZ has a market cap of $1.28 billion. This is considered a Small Cap stock.

Last quarter Hertz Global Holdings reported $2 billion in Revenue and -$1.18 earnings per share. This fell short of revenue expectation by $-90 million and missed earnings estimates by -$.46.

In the last 3 years, HTZ traded as high as $24.35 and as low as $2.47.

The top ETF exchange traded funds that HTZ belongs to (by Net Assets): IJR, IWM, VTI, RWJ, VB.

HTZ has underperformed the market in the last year with a price return of -42.7% while the SPY ETF gained +22.6%. However, in the short term, HTZ had mixed performance relative to the market. It has outperformed in the last 3 months, returning +14.2% vs +2.3% return in SPY. But in the last 2 weeks, HTZ shares have been beat by the market, returning -2.8% compared to an SPY return of -0.7%.

HTZ support price is $4.30 and resistance is $4.70 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that HTZ shares will trade within this expected range on the day.