Latest news with #HTZ
Yahoo
24-05-2025
- Automotive
- Yahoo
Why Hertz Global Holdings, Inc. (HTZ) Soared Today
We recently published a list of In this article, we are going to take a look at where Hertz Global Holdings, Inc. (NASDAQ:HTZ) stands against other stocks that soared today. Hertz Global snapped a two-day losing streak on Thursday, finishing 16.16 percent higher to close at $7.26 apiece as investor sentiment was boosted by an investment firm's higher price target for its stock. Deutsche Bank raised its price target for Hertz Global Holdings, Inc. (NASDAQ:HTZ) to $4 from $3 previously, while maintaining a Hold rating. This followed the car rental giant's recent addition of a new high-end vehicle brand to its fleet in a bid to meet growing demand for premium services. A fleet of cars parked at a car rental company's headquarters, symbolizing the company's commitment to servicing its customers. Before the official summer season, Hertz Global Holdings, Inc. (NASDAQ:HTZ) added to its fleet the 2025 Jeep Wrangler, said to be one of the best-selling plug-in hybrid vehicles in the US, as it sees a high demand for the variant during the summer. The launch followed Hertz Global Holdings, Inc.'s (NASDAQ:HTZ) release of its first quarter performance earlier this week. Net loss widened by 138 percent to $443 million from $186 million in the same period last year, while revenues dropped by 13 percent to $1.8 billion from $2.08 billion year-on-year. Overall, HTZ ranks 9th on our list of stocks that soared today. While we acknowledge the potential of HTZ, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than HTZ and has 10,000% upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
23-05-2025
- Automotive
- Yahoo
Why Hertz Global Holdings, Inc. (HTZ) Soared Today
We recently published a list of In this article, we are going to take a look at where Hertz Global Holdings, Inc. (NASDAQ:HTZ) stands against other stocks that soared today. Hertz Global snapped a two-day losing streak on Thursday, finishing 16.16 percent higher to close at $7.26 apiece as investor sentiment was boosted by an investment firm's higher price target for its stock. Deutsche Bank raised its price target for Hertz Global Holdings, Inc. (NASDAQ:HTZ) to $4 from $3 previously, while maintaining a Hold rating. This followed the car rental giant's recent addition of a new high-end vehicle brand to its fleet in a bid to meet growing demand for premium services. A fleet of cars parked at a car rental company's headquarters, symbolizing the company's commitment to servicing its customers. Before the official summer season, Hertz Global Holdings, Inc. (NASDAQ:HTZ) added to its fleet the 2025 Jeep Wrangler, said to be one of the best-selling plug-in hybrid vehicles in the US, as it sees a high demand for the variant during the summer. The launch followed Hertz Global Holdings, Inc.'s (NASDAQ:HTZ) release of its first quarter performance earlier this week. Net loss widened by 138 percent to $443 million from $186 million in the same period last year, while revenues dropped by 13 percent to $1.8 billion from $2.08 billion year-on-year. Overall, HTZ ranks 9th on our list of stocks that soared today. While we acknowledge the potential of HTZ, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than HTZ and has 10,000% upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
20-05-2025
- Automotive
- Yahoo
Why Hertz Global Holdings, Inc. (HTZ) Surged Last Week
We recently published a list of . 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, as investors continued to digest results of more corporate earnings and key economic data. The Nasdaq was down by 0.18 percent. In contrast, the Dow Jones grew by 0.65 percent while the S&P 500 rose by 0.41 percent. Beyond the major indices, 10 companies finished stronger on the back of impressive corporate earnings and planned mergers and acquisitions. In this article, we explore the specific reasons behind their surge. To come up with the list, we considered only the stocks with a $2 billion market capitalization and $5 million in trading volume. A fleet of cars parked at a car rental company's headquarters, symbolizing the company's commitment to servicing its customers. Hertz Global saw its share prices jump by 7.86 percent on Thursday to finish at $6.31 apiece as investors cheered the company's addition of a new high-end vehicle brand to its fleet in a bid to meet growing demand for premium services. Before the official summer season, Hertz Global Holdings, Inc. (NASDAQ:HTZ) added to its fleet the 2025 Jeep Wrangler, said to be one of the best-selling plug-in hybrid vehicles in the US, as it sees a high demand for the variant during the summer. The launch followed Hertz Global Holdings, Inc.'s (NASDAQ:HTZ) release of its first quarter performance earlier this week. Net loss widened by 138 percent to $443 million from $186 million in the same period last year, while revenues dropped by 13 percent to $1.8 billion from $2.08 billion year-on-year. 'In a dynamic environment shaped by tariffs and economic uncertainty, capitalizing on our fleet as our most dominant economic lever keeps us agile today and positions us to deliver long-term, sustainable value,' said CEO Gil West. Overall, HTZ ranks 5th on our list of stocks that surged last week. While we acknowledge the potential of HTZ as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than HTZ but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: and . Disclosure: None. This article is originally published at . Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
16-05-2025
- Business
- Yahoo
Was Jim Cramer Right About Hertz Global (HTZ) Stock?
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. Just — let's just see if it can't go higher. I don't like the fact that my friend Stephen Scherr left it. I do think that it's probably too cheap right now. But if it got to $8 or $9, I would sell the stock." Cramer's neutral stance didn't pay off, as the stock declined 2.50% over the past year, briefly reaching its $8 target price only recently before dropping again.4 Hertz Global Holdings, Inc. (NASDAQ:HTZ) is a global car rental company undergoing a transition toward electric vehicles and mobility services. Cramer discussed the stock again in April, after a caller asked him about his opinion on Bill Ackman's stake. Cramer was cautious, saying: 'Okay, well, you know, I don't know what Bill Ackman's going to do because it's, I don't know him, and all I can tell you is that the stock's had a very big run. It's not a great company. I've seen great people befell by the stock. So I think you could take the money and run and be, or at least take out your cost basis. How about that? And let the rest ride. That would be the most prudent thing to do.' While we acknowledge the potential of HTZ to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than HTZ and that has 100x upside potential, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None.
Yahoo
16-05-2025
- Business
- Yahoo
2 Russell 2000 Stocks with Promising Prospects and 1 to Keep Off Your Radar
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. Navigating this part of the market can be tricky, which is why we built StockStory to help you separate the winners from the laggards. That said, here are two Russell 2000 stocks that could be the next breakout winners and one that may face some trouble. Market Cap: $1.95 billion Started with a dozen Model T Fords, Hertz (NASDAQ:HTZ) is a global car rental company providing vehicle rental services to leisure and business travelers. Why Do We Pass on HTZ? Weak unit sales over the past two years indicate demand is soft and that the company may need to revise its strategy Eroding returns on capital suggest its historical profit centers are aging Unfavorable liquidity position could lead to additional equity financing that dilutes shareholders Hertz is trading at $6.30 per share, or 5.3x forward EV-to-EBITDA. If you're considering HTZ for your portfolio, see our FREE research report to learn more. Market Cap: $8.39 billion Founded in 1999 and named after a naval term for a flag-bearing ship, The Ensign Group (NASDAQ:ENSG) operates skilled nursing facilities, senior living communities, and rehabilitation services across 15 states, primarily serving high-acuity patients recovering from various medical conditions. Why Could ENSG Be a Winner? Unit sales averaged 13.2% growth over the past two years and imply healthy demand for its products Estimated revenue growth of 14.3% for the next 12 months implies its momentum over the last two years will continue Earnings per share grew by 18.4% annually over the last five years and trumped its peers The Ensign Group's stock price of $147.04 implies a valuation ratio of 22.8x forward P/E. Is now a good time to buy? See for yourself in our comprehensive research report, it's free. Market Cap: $1.33 billion Founded in 2009, Integral Ad Science (NASDAQ:IAS) provides digital advertising verification and optimization solutions, ensuring that ads are viewable by real people in brand-safe environments across various platforms and devices. Why Do We Like IAS? Software platform has product-market fit given the rapid recovery of its customer acquisition costs Operating profits increased over the last year as the company gained some leverage on its fixed costs and became more efficient Impressive free cash flow profitability enables the company to fund new investments or reward investors with share buybacks/dividends At $8.35 per share, Integral Ad Science trades at 2.2x forward price-to-sales. Is now the right time to buy? Find out in our full research report, it's free. The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today for free. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
