NASDAQ:HTZ - Nasdaq - US42806J7000 - Common Stock - Currency: USD
Wall Street Rises as Inflation Eases and Trade Optimism Grows
A number of stocks fell in the afternoon session after the major indices pulled back (Nasdaq -1.3%, S&P 500 - 1.4%) as Treasury yields rose, reflecting market anxiety over a draft federal budget that could worsen the already wide US fiscal deficit. A poor auction for 20-year U.S. Treasury bonds further raised concerns, as weak demand implies investors are becoming more cautious about holding long-dated U.S. debt.
We recently published a list of These 10 Firms Are On Fire Today. In this article, we are going to take a look at where Hertz Global Holdings, Inc. (NASDAQ:HTZ) stands against other stocks that surged yesterday. Wall Street’s main indices were a mixed bag anew on Thursday, with the tech-heavy Nasdaq the sole loser, […]
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Back in 2024, on May 14, a caller asked whether to sell or double down on Hertz Global Holdings, Inc. (NASDAQ:HTZ), expressing frustration with the company’s EV strategy and customer charging model at the time. Cramer took a middle-ground approach, saying: “I don’t want you to sell and I don’t want you to double down. […]
Shares of Avis Budget (CAR) and Hertz (HTZ) are in focus after Uber (UBER) and Turo, a peer-to-peer car sharing marketplace, announced that Turo vehicles are now available to rent through the Uber app in the United States. This marks the U.S. debut of the integration between Turo and Uber Rent, enabling travelers to access Turo’s selection of vehicles within Uber’s ecosystem, the companies said. “Our partnership with Uber is rooted in a shared vision to unlock better car access for everyone,” sa
Small-cap stocks in the Russell 2000 (^RUT) can be a goldmine for investors looking beyond the usual large-cap names. But with less stability and fewer resources than their bigger counterparts, these companies face steeper challenges in scaling their businesses.
Jefferies analyst Stephanie Moore lowered the firm’s price target on Hertz (HTZ) to $6 from $7 and keeps a Hold rating on the shares. While Q1 missed expectations, largely on weaker revenue, the firm believes the company has successfully executed on its fleet refresh strategy, which should drive better-than-expected depreciation per unit for the rest of 2025. Hertz is “showing good progress on its multi-year turnaround strategy,” but the firm contends that the benefits of its turnaround efforts
Hertz stock dips as analyst flags fading tailwinds and delayed earnings recovery.
We recently published a list of 15 Most Crowded Hedge Fund Stocks That Are Targeted by Short Sellers. In this article, we are going to take a look at where Delta Air Lines, Inc. (NYSE:DAL) stands against other most crowded hedge fund stocks that are targeted by short sellers. Hedge funds piling into a stock […]
The euphoria over the US-China trade extended for a second day as a tech rally led stocks higher on Tuesday.
(Bloomberg) -- Hertz Global Holdings Inc. shares plunged after the car-rental company posted a larger-than-expected loss in the first quarter, pressured by a slowdown in customer bookings.Most Read from BloombergAs Coastline Erodes, One California City Considers ‘Retreat Now’A New Central Park Amenity, Tailored to Its East Harlem NeighborsWhat’s Behind the Rise in Serious Injuries on New York City’s Streets?Lawsuit Challenges Trump Administration Policy on Migrant ChildrenRevenue fell 13% in the
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The euphoria over the US-China trade truce began to fade as investors digested the latest reading on consumer prices.
NEW YORK (Reuters) -Shares of Hertz Global fell more than 20% on Tuesday after the rental car company's results missed Wall Street expectations due to reduced vehicle fleet and a moderation in bookings. Estero, Florida-based Hertz reported a nearly 13% drop in revenue on Monday to $1.81 billion and a narrower adjusted net loss of $1.12 per share, down 13% from a year ago. Analysts had expected Hertz to report revenue of $2 billion and adjusted net loss per share of 97 cents.
US-China trade truce euphoria is giving way to worry over economic slowdown in the wait for the latest US consumer inflation report
While the top- and bottom-line numbers for Hertz Global (HTZ) give a sense of how the business performed in the quarter ended March 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Hertz Global (HTZ) delivered earnings and revenue surprises of -3.70% and 10.43%, respectively, for the quarter ended March 2025. Do the numbers hold clues to what lies ahead for the stock?
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Hertz Global Holdings Inc. posted a larger-than-expected loss in the first quarter as the rental company shrank its fleet of cars and some customers slowed bookings.
"Our 'Back-to-Basics Roadmap' is working," said Gil West, Chief Executive Officer of Hertz. "Disciplined fleet management, revenue optimization, and rigorous...
A trade deal to start the week will likely overshadow the planned events on this week's economic and earnings calendar.
Inflation data takes center stage in the week ahead.
/PRNewswire/ -- Hertz Global Holdings, Inc. (NASDAQ: HTZ) (the "Company") announced today the successful extension of its First Lien RCF, HVF III U.S. Vehicle...
Get a deeper insight into the potential performance of Hertz Global (HTZ) for the quarter ended March 2025 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
CryoPort (CYRX) delivered earnings and revenue surprises of 4.35% and 2.91%, respectively, for the quarter ended March 2025. Do the numbers hold clues to what lies ahead for the stock?
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Bill Ackman recently disclosed that his hedge fund had taken a position in car rental giant Hertz. While Ackman's thesis makes sense, there are some notable risks associated with Hertz stock. Billionaire hedge fund manager Bill Ackman is one of those people.
Hertz jumped after billionaire Bill Ackman revealed a stake in the company. Ackman believes Hertz is undervalued and could benefit from tariffs due to its fleet of used cars. As a travel stock, Hertz is at risk of a recession.