With 5.01 million shares changed hands, the volume of the stock remained heavier than its average volume of 4.76 million shares. The 52-week range on HTZ shows that it touched its highest point at $8.20 and its lowest point at $2.47 during that stretch. It currently has a 1-year price target of $3.39. Beta for the stock currently stands at 2.47.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of HTZ was up-trending over the past week, with a rise of 7.18%, but this was up by 3.98% over a month. Three-month performance surged to 0.48% while six-month performance rose 20.81%. The stock lost -42.66% in the past year, while it has gained 14.21% so far this year. A look at the trailing 12-month EPS for HTZ yields -9.34 with Next year EPS estimates of -0.09. For the next quarter, that number is -0.95. This implies an EPS growth rate of 73.96% for this year and 92.69% for next year.
Float and Shares Shorts:
At present, 306.69 million HTZ shares are outstanding with a float of 137.16 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for HTZ since 7 analysts follow the stock currently. There are 3 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$3.86781 being high and -$4.17879 being low. For HTZ, this leads to a yearly average estimate of -$4.03302. Based on analyst estimates, the high estimate for the next quarter is -$0.16 and the low estimate is -$0.5. The average estimate for the next quarter is thus -$0.37.
