With 2.85 million shares changed hands, the volume of the stock remained lighter than its average volume of 4.34 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 2.40.
Price Performance and Earnings:
Three-month performance dropped to -7.54% while six-month performance rose 42.81%. The stock lost -41.60% in the past year, while it has gained 13.93% so far this year. A look at the trailing 12-month EPS for HTZ yields -9.34 with Next year EPS estimates of -0.14. For the next quarter, that number is -0.97. This implies an EPS growth rate of 72.34% for this year and 89.48% for next year. EPS is expected to grow by 74.40% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -79.95%.
Float and Shares Shorts:
At present, 306.69 million HTZ shares are outstanding with a float of 136.23 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 -$0.55. The average estimate for the next quarter is thus -$0.39.
