Wednesday, September 29, 2021 12:42:20 PM
Zacks Equity Research Zacks
PUBLISHED
SEP 29, 2021 9:16AM EDT
Hertz Global Holdings, Inc. HTZZ is a leading equipment rental supplier that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.
These positive earnings estimate revisions suggest that analysts are becoming more optimistic on HTZZ earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that Hertz could be a solid choice for investors.
Current Quarter Estimates for HTZZ
In the past 30 days, one estimate has gone higher for Hertz while none has gone lower in the same time period. The trend has been pretty favorable too, with estimates moving from 39 cents per share 30 days ago, to $1.01 per share today, a move of 158.9%.
Current Year Estimates for HTZZ
Meanwhile, Hertz ’s current year figures are also looking quite promising, with one estimate moving higher in the past one month, compared to none lower. The consensus estimate trend has also seen a boost for this time frame, moving from $1.02 per share 30 days ago to $3.72 per share today, a move of 264.7%.
Bottom Line
The stock has also started to move higher lately, adding 15.4% over the past four weeks, suggesting that investors are starting to take note of this impressive story. So, investors may want to consider this Zacks Rank #1 (Strong Buy) stock to profit in the near future. You can see the complete list of today’s Zacks #1 Rank stocks here.
https://www.nasdaq.com/articles/surging-earnings-estimates-signal-good-news-for-hertz-htzz-2021-09-29
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
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- 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
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