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Thursday, July 09, 2020 12:33:24 PM
The vehicle rental market will flourish in the very near future as out of state air travel will be a concern for many. Hertz leases the majority of there fleet. This leasing process creates a huge tax credit on the books that must be passed on too the consumer for it to stay afloat.
The SEC has closed down one of the avenues of revenue. The pandemic has the other, but in the very near future hyperinflation will bring the revenues back in line. Leasing costs will increase for newer vehicles but if they retain the fleet they have now and turn them over based on a four year leasing program from there two year business plan we could see a huge up tick on the common stock in the coming six months. Until then buyer beware as the market for Hertz stock could be very cyclical in nature.
Recent HTZ News
- Honeywell Acquires CAES Systems for $1.9 Billion, Sarepta Therapeutics Surges 34%, Gilead Continues Gains • IH Market News • 06/21/2024 12:00:38 PM
- Hertz Announces Upsize and Pricing of $1 Billion Offerings • PR Newswire (US) • 06/21/2024 11:00:00 AM
- Hertz Announces Committed Offerings Totaling $750 Million • PR Newswire (US) • 06/20/2024 11:44:00 AM
- Class Action Filed Against Hertz Global Holdings, Inc. (HTZ) Seeking Recovery for Investors - Contact The Gross Law Firm • PR Newswire (US) • 06/20/2024 09:50:00 AM
- Class Action Filed Against Hertz Global Holdings, Inc. (HTZ) Seeking Recovery for Investors - Contact The Gross Law Firm • PR Newswire (US) • 06/17/2024 09:45:00 AM
- Contact The Gross Law Firm by July 30, 2024 Deadline to Join Class Action Against Hertz Global Holdings, Inc.(HTZ) • PR Newswire (US) • 06/10/2024 09:45:00 AM
- KKR, CrowdStrike Holdings and GoDaddy Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600 • PR Newswire (US) • 06/07/2024 10:09:00 PM
- GME Volatile as Roaring Kitty Goes Live Today, Meta Unveils AI for WhatsApp Ads, and More • IH Market News • 06/07/2024 12:09:15 PM
- Hertz Global Holdings, Inc. Sued for Securities Law Violations - Contact The Gross Law Firm Before July 30, 2024 to Discuss Your Rights - HTZ • PR Newswire (US) • 06/05/2024 09:45:00 AM
- Hertz Announces Appointment of Scott M. Haralson as Chief Financial Officer • PR Newswire (US) • 06/03/2024 12:30:00 PM
- DJT Stock Falls 6% Post-Trump Conviction; UBS Restructures Senior Management for CEO Succession and More News • IH Market News • 05/31/2024 11:54:10 AM
- HERTZ REPORTS FIRST QUARTER 2024 RESULTS • PR Newswire (US) • 04/25/2024 11:30:00 AM
- Hertz Global Holdings, Inc. to Announce First Quarter 2024 Financial Results on April 25th • PR Newswire (US) • 04/08/2024 08:01:00 PM
- Apple & Google in Talks for Gemini AI on iPhone, Nvidia’s GTC Conference Today, and Latest News • IH Market News • 03/18/2024 11:10:46 AM
- Hertz Announces Appointment of Gil West as Chief Executive Officer as Stephen Scherr Steps Down as CEO of the Company • PR Newswire (US) • 03/15/2024 08:30:00 PM
- HERTZ REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS • PR Newswire (US) • 02/06/2024 12:30:00 PM
- US Index Futures Mixed, Oil Prices Edge Higher • IH Market News • 02/06/2024 11:27:43 AM
- Wall Street Highlights: Tesla Cuts Prices in Germany, Interactive Brokers Increases Revenue by 17%, and More • IH Market News • 01/17/2024 11:33:30 AM
- Wall Street Highlights: DocuSign Acquisition Battle, Tesla Berlin Production Halt, and More • IH Market News • 01/12/2024 11:10:50 AM
- Hertz Global Holdings, Inc. to Announce Fourth Quarter 2023 Financial Results on February 6th • PR Newswire (US) • 01/11/2024 12:25:00 PM
- Hertz and EVgo Partner to Offer EV Renters One Year of Special Charging Rates • Business Wire • 11/17/2023 12:00:00 PM
- Friday’s Wall Street Highlights: Enphase Energy, GM, Intel, Sanofi, Masimo, and more • IH Market News • 10/27/2023 11:10:10 AM
- REVENUE OF $2.7 BILLION, NET INCOME OF $629 MILLION AND ADJUSTED CORPORATE EBITDA OF $359 MILLION • PR Newswire (US) • 10/26/2023 11:30:00 AM
- Hertz Names Justin Keppy as Chief Operating Officer • PR Newswire (US) • 10/24/2023 11:30:00 AM
- Hertz Global Holdings, Inc. to Announce Third Quarter 2023 Financial Results on October 26th • PR Newswire (US) • 10/03/2023 02:20:00 PM
Green Leaf Innovations, Inc. Expands International Presence with New Partnership in Dubai • GRLF • Jun 24, 2024 8:30 AM
Bemax Inc. Positions to Capitalize on Industry Growth with New Improved Quality of Mother's Touch® Disposable Diapers • BMXC • Jun 24, 2024 8:00 AM
Last Shot Hydration Drink Announced as Official Sponsor of Red River Athletic Conference • EQLB • Jun 20, 2024 2:38 PM
ATWEC Announces Major Acquisition and Lays Out Strategic Growth Plans • ATWT • Jun 20, 2024 7:09 AM
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM