-2.11%
9.64%
-2.95%
51.65%
32.53%
23.39%
412.46%
AI Spotlight on HRI
Company Description
Herc Holdings Inc., through its subsidiaries, operates as an equipment rental supplier in the United States and internationally.It rents aerial, earthmoving, material handling, trucks and trailers, air compressors, compaction, and lighting equipment.The company also provides ProSolutions, an industry specific solution-based services, which include power generation, climate control, remediation and restoration, pump, trench shoring, and studio and production equipment; and ProContractor professional grade tools.
In addition, it offers various services, including repair, maintenance, equipment management, and safety training; and equipment re-rental and on-site support services, as well as ancillary services, such as equipment transport, rental protection, cleaning, refueling, and labor.Further, the company sells used equipment and contractor supplies, such as construction consumables, tools, small equipment, and safety supplies.It serves non-residential and residential construction, specialty trade, restoration, remediation and environment, and facility maintenance contractors; industrial manufacturing industries, including automotive and aerospace, power, metals and mining, agriculture, pulp, paper and wood, food and beverage, and refineries and petrochemical industries; infrastructure and government sectors; and commercial facilities, hospitality, healthcare, recreation, entertainment production, and special event management customers.
The company sells its products through its sales team and industry catalogs, as well as through participation and sponsorship of industry events, trade shows, and Internet.Herc Holdings Inc.was founded in 1965 and is based in Bonita Springs, Florida.
Market Data
| Last Price | 203.96 |
| Change Percentage | -2.11% |
| Open | 207.47 |
| Previous Close | 208.35 |
| Market Cap ( Millions) | 5793 |
| Volume | 271274 |
| Year High | 246.88 |
| Year Low | 124.7 |
| M A 50 | 205.36 |
| M A 200 | 167.21 |
Financial Ratios
| FCF Yield | 0.81% |
| Dividend Yield | 1.30% |
| ROE | 25.68% |
| Debt / Equity | 348.82% |
| Net Debt / EBIDTA | 335.12% |
| Price To Book | 3.92 |
| Price Earnings Ratio | 16.65 |
| Price To FCF | 123.26 |
| Price To sales | 1.68 |
| EV / EBITDA | 7.23 |
News
- Jan -29 - GBX vs. HRI: Which Stock Should Value Investors Buy Now?
- Jan -29 - Herc Holdings Announces Date for Fourth Quarter and Full Year 2024 Earnings Call and Webcast
- Jan -21 - Power Rental Market Forecasts 2025-2030, with Company Profiles for United Rentals, Sunbelt Rentals, Wacker Neuson, Herc Rentals, Modern Energy Rental, PON Energy Rental, BPC Power Rental & More
- Nov -30 - Herc Holdings' Growth Strategy To Drive Higher Share Prices
- Oct -22 - Herc Holdings Inc. (HRI) Q3 2024 Earnings Call Transcript
- Oct -22 - Herc Holdings (HRI) Q3 Earnings Miss Estimates
- Oct -22 - Herc Holdings Reports Nine Months 2024 Results and Updates 2024 Full Year Guidance
- Oct -17 - Herc Holdings (HRI) Soars 3.5%: Is Further Upside Left in the Stock?
- Oct -08 - Herc Holdings Announces Third Quarter 2024 Earnings Call and Webcast Date
- Jul -26 - New Strong Sell Stocks for July 26th
- Jul -23 - Herc Holdings (HRI) Misses Q2 Earnings Estimates
- Jun -20 - Herc Holdings: Patience Should Yield Strong Results
- Jun -16 - Herc Holdings: Fundamental Are Strong, Should Own This Stock At The Current Levels
- Jun -04 - Herc Holdings Announces Pricing of Upsized $800 Million Senior Unsecured Notes Offering
- Jun -04 - Herc Holdings Announces Proposed Private Offering of $500 Million of Senior Unsecured Notes
- May -20 - Panagora Asset Management Inc. Takes $3.35 Million Position in Herc Holdings Inc. (NYSE:HRI)
- May -17 - Herc Holdings Inc. Declares Regular Quarterly Dividend of $0.665 Per Share
- May -02 - Herc Holdings to Participate in Bank of America Transportation Airlines & Industrials Conference 2024
- Apr -30 - Mario Gabelli reveals his market-beating secrets and offers some favorite stock picks
- Apr -23 - Herc Holdings Inc. (HRI) Q1 2024 Earnings Call Transcript
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Equipment Rental
Expected Growth : 7.5 %
What the company do ?
Herc Holdings Inc.'s Equipment Rental segment offers a range of equipment for rent to customers, including aerial, material handling, and earthmoving equipment.
Why we expect these perspectives ?
Herc Holdings Inc.'s equipment rental segment growth of 7.5% is driven by increasing construction activities, infrastructure development, and rising demand for equipment in the oil and gas industry. Additionally, the company's strategic acquisitions, expanded product offerings, and investments in technology have enhanced operational efficiency, contributing to the segment's growth.
Segment n°2 -> Rental Equipment
Expected Growth : 7.8 %
What the company do ?
Rental Equipment from Herc Holdings Inc. offers a wide range of equipment and tools for rent to construction, industrial, and other industries.
Why we expect these perspectives ?
Herc Holdings Inc.'s 7.8% rental equipment growth driven by increasing construction activities, infrastructure development, and rising demand for equipment rentals in the oil and gas sector. Additionally, strategic acquisitions, expanded product offerings, and a strong focus on customer service have contributed to the growth.
Segment n°3 -> New Equipment, Parts and Supplies
Expected Growth : 8.2 %
What the company do ?
Herc Holdings Inc. offers new equipment, parts, and supplies for rent, including aerial lifts, earthmoving equipment, and portable facilities, to support various industries.
Why we expect these perspectives ?
Herc Holdings Inc.'s 8.2% growth in New Equipment, Parts and Supplies is driven by increasing demand for construction and industrial equipment, rising infrastructure spending, and a growing need for equipment replacement. Additionally, the company's strategic acquisitions and investments in digital platforms have enhanced its product offerings and customer experience, contributing to the segment's growth.
Segment n°4 -> Service and Other
Expected Growth : 7.2 %
What the company do ?
Herc Holdings Inc.'s Service segment offers equipment rentals, and the Other segment includes sales of used equipment and other revenues.
Why we expect these perspectives ?
Herc Holdings Inc.'s 7.2% growth in Service and Other segment is driven by increased equipment rental demand, expansion of ProSolutions and ProContractor tools, and strategic acquisitions. Additionally, the company's focus on digital transformation, cost savings initiatives, and a strong used equipment market also contributed to the growth.
Herc Holdings Inc. Products
| Product Range | What is it ? |
|---|---|
| Equipment Rentals | Herc Holdings Inc. offers a wide range of equipment rentals for construction, industrial, and commercial applications, including aerial lifts, forklifts, and generators. |
| ProSolutions | ProSolutions is a suite of services and solutions designed to help customers manage their equipment and operations more efficiently, including equipment tracking, maintenance scheduling, and fleet optimization. |
| ProContractor | ProContractor is a comprehensive equipment rental and services solution designed specifically for contractors, including equipment rentals, delivery, and maintenance support. |
| Used Equipment Sales | Herc Holdings Inc. offers a range of used equipment for sale, including aerial lifts, forklifts, and generators, with options for financing and maintenance support. |
| Disaster Recovery Services | Herc Holdings Inc. provides disaster recovery services, including equipment rentals, logistics, and support, to help customers respond to natural disasters and other crises. |
Herc Holdings Inc.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for Herc Holdings Inc. is medium due to the availability of alternative equipment rental options for customers.
Bargaining Power Of Customers
The bargaining power of customers is low due to the specialized nature of Herc Holdings Inc.'s equipment rental services, making it difficult for customers to negotiate prices.
Bargaining Power Of Suppliers
The bargaining power of suppliers is medium due to the presence of multiple suppliers for equipment and services, but Herc Holdings Inc.'s large scale of operations gives it some negotiating power.
Threat Of New Entrants
The threat of new entrants is low due to the high capital requirements and regulatory hurdles involved in entering the equipment rental industry.
Intensity Of Rivalry
The intensity of rivalry is high due to the presence of several established players in the equipment rental industry, leading to intense competition for market share.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 74.55% |
| Debt Cost | 6.44% |
| Equity Weight | 25.45% |
| Equity Cost | 15.34% |
| WACC | 8.71% |
| Leverage | 292.93% |
Herc Holdings Inc. : Quality Control
Herc Holdings Inc. passed 4 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| CAR | Avis Budget Group, Inc., together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary products and services to businesses and consumers. It operates the Avis brand, that … |
| FTAIM | FTAI Aviation Ltd. owns and acquires infrastructure and related equipment for the transportation of goods and people worldwide. It operates through two segments, Aviation Leasing and Aerospace Products. The Aviation … |
| MGRC | McGrath RentCorp operates as a business to business rental company in the United States and internationally. It rents and sells relocatable modular buildings, portable storage containers, electronic test equipment and … |
| FTAI | FTAI Aviation Ltd. owns and acquires infrastructure and related equipment for the transportation of goods and people worldwide. It operates through two segments, Aviation Leasing and Aerospace Products. The Aviation … |
| FTAIP | Fortress Transportation and Infrastructure Investors LLC owns and acquires infrastructure and related equipment for the transportation of goods and people in Africa, Asia, Europe, North America, and South America. It … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Herc
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