AI Spotlight on HTZ
Company Description
Hertz Global Holdings, Inc.operates as a vehicle rental company.It operates through two segments, Americas Rental Car and International Rental Car.
The company provides vehicle rental services under the Hertz, Dollar, and Thrifty brands from company-owned, licensee, and franchisee locations in the United States, Africa, Asia, Australia, Canada, the Caribbean, Europe, Latin America, the Middle East, and New Zealand.It also sells vehicles; and operates the Firefly vehicle rental brand and Hertz 24/7 car sharing business in international markets.Hertz Global Holdings, Inc.
was founded in 1918 and is headquartered in Estero, Florida.
Market Data
Last Price | 4.13 |
Change Percentage | -2.36% |
Open | 4.3 |
Previous Close | 4.23 |
Market Cap ( Millions) | 1267 |
Volume | 3587674 |
Year High | 9.07 |
Year Low | 2.47 |
M A 50 | 4.05 |
M A 200 | 3.87 |
Financial Ratios
FCF Yield | -359.30% |
Dividend Yield | 0.00% |
ROE | -127.87% |
Debt / Equity | 2489.87% |
Net Debt / EBIDTA | 785.27% |
Price To Book | 1.86 |
Price Earnings Ratio | -0.46 |
Price To FCF | -0.28 |
Price To sales | 0.14 |
EV / EBITDA | 8.47 |
News
- Jan -02 - Hertz Global Holdings, Inc. to Announce Fourth Quarter and Full Year 2024 Financial Results on February 13, 2025
- Dec -30 - Hertz Strengthens Executive Team with Two Key Leadership Appointments
- Dec -27 - Want a cheap EV? Hertz is handing out discounts to renters
- Dec -13 - Hertz Announces Receipt of Requisite Consents from Holders to Amend its 12.625% First Lien Senior Secured Notes Due 2029 and 8.000% Exchangeable Senior Second-Lien PIK Notes due 2029 and Expiration of Consent Solicitations
- Dec -05 - Hertz Announces Consent Solicitations to Amend its 12.625% First Lien Senior Secured Notes Due 2029 and 8.000% Exchangeable Senior Second-Lien PIK Notes due 2029
- Dec -05 - Hertz Announces Offering of $500 Million of Additional First Lien Senior Secured Notes
- Nov -12 - Why Hertz Stock Tumbled and Then Recovered Today
- Nov -12 - Hertz Global Holdings, Inc. (HTZ) Q3 2024 Earnings Call Transcript
- Nov -12 - Hertz Results Hit by $1B Impairment Charge
- Nov -12 - Hertz cops billion-dollar charge after EV expansion falls flat
- Nov -12 - Hertz booked a $1 billion charge as the value of its cars dropped
- Nov -12 - Compared to Estimates, Hertz Global (HTZ) Q3 Earnings: A Look at Key Metrics
- Nov -12 - Hertz Global Holdings, Inc. (HTZ) Reports Q3 Loss, Misses Revenue Estimates
- Nov -12 - Hertz posts weaker-than-expected quarterly results, shares fall
- Nov -12 - HERTZ REPORTS THIRD QUARTER 2024 RESULTS
- Nov -07 - Exploring Analyst Estimates for Hertz Global (HTZ) Q3 Earnings, Beyond Revenue and EPS
- Nov -04 - Hertz Global Holdings, Inc. to Announce Third Quarter 2024 Financial Results on November 12, 2024
- Oct -21 - Hertz Helps Drive the Vote this Election Day with One Free Rental Day with a Two+ Day Rental
- Sep -30 - Teamsters inks tentative agreement with Hertz, averting strike
- Sep -19 - Hertz Announces Lauren Fritts as Senior Vice President and Chief Communications Officer
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Americas Rental Car
Expected Growth : 2.5 %
What the company do ?
Americas Rental Car is a car rental brand from Hertz Global Holdings, Inc., offering a range of vehicles for rent in the Americas region.
Why we expect these perspectives ?
Hertz's Americas Rental Car segment growth of 2.5% is driven by increasing demand from leisure travelers, particularly in the US, and a rise in business travel. Additionally, the company's focus on expanding its off-airport locations and investing in digital platforms to enhance customer experience are contributing to growth.
Segment nΒ°2 -> International Rental Car
Expected Growth : 1.8 %
What the company do ?
Hertz Global Holdings' International Rental Car segment offers car rental services in over 150 countries, providing a wide range of vehicles for business and leisure travelers.
Why we expect these perspectives ?
Hertz's International Rental Car segment growth of 1.8% is driven by increasing travel demand, particularly in Europe and Asia, where tourism and business travel are on the rise. Additionally, Hertz's strategic partnerships with travel companies and its investment in digital platforms have improved customer experience, leading to higher bookings and revenue growth.
Hertz Global Holdings, Inc. Products
Product Range | What is it ? |
---|---|
Car Rental | Hertz offers a wide range of vehicles for rent, including economy, compact, intermediate, standard, full-size, premium, and luxury cars, as well as SUVs, vans, and trucks. |
Car Sharing | Hertz On Demand is a car sharing service that provides 24/7 access to vehicles for short periods, ideal for errands, meetings, or social events. |
Van Rental | Hertz offers a variety of vans, including cargo, passenger, and minivans, suitable for moving, group travel, or commercial use. |
Truck Rental | Hertz provides a range of trucks, including pickup trucks, box trucks, and stake trucks, suitable for moving, hauling, or commercial use. |
Equipment Rental | Hertz Equipment Rental offers a wide range of equipment, including aerial lifts, generators, and compressors, for construction, industrial, and event applications. |
Fleet Management | Hertz provides fleet management services, including vehicle acquisition, maintenance, and disposal, for corporate fleets and government agencies. |
Hertz Global Holdings, Inc.'s Porter Forces
Threat Of Substitutes
Hertz faces moderate threat from substitutes, as customers have alternative options for car rentals, such as public transportation, taxis, and ride-hailing services. However, the convenience and flexibility of car rentals make them a preferred choice for many travelers.
Bargaining Power Of Customers
Hertz customers have significant bargaining power due to the presence of multiple car rental companies, allowing them to compare prices and services. Additionally, the rise of online travel agencies and meta-search engines has increased price transparency, further empowering customers.
Bargaining Power Of Suppliers
Hertz has a relatively low dependence on suppliers, as it owns a significant portion of its fleet. Additionally, the company has established relationships with major automotive manufacturers, reducing its reliance on external suppliers.
Threat Of New Entrants
The threat of new entrants is low due to the significant barriers to entry in the car rental industry, including high capital requirements, regulatory hurdles, and the need for a large fleet of vehicles.
Intensity Of Rivalry
The car rental industry is highly competitive, with several major players, including Avis Budget Group, Enterprise Holdings, and Europcar. This intense rivalry leads to competitive pricing, advertising, and service offerings.
Strength
Capital Structure
Value | |
---|---|
Debt Weight | 85.22% |
Debt Cost | 3.95% |
Equity Weight | 14.78% |
Equity Cost | 14.77% |
WACC | 5.54% |
Leverage | 576.75% |
Hertz Global Holdings, Inc. : Quality Control
Hertz Global Holdings, Inc. passed 0 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
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CTOS | Custom Truck One Source, Inc. provides specialty equipment rental services to the electric utility transmission and distribution, telecommunications, rail, other infrastructure-related industries in North America. It operates through Equipment Rental β¦ |
WLFC | Willis Lease Finance Corporation operates as a lessor and servicer of commercial aircraft and aircraft engines worldwide. The company operates through two segments, Leasing and Related Operations, and Spare Parts β¦ |
PRG | PROG Holdings, Inc. operates as an omnichannel provider of lease-purchase solutions to underserved and credit-challenged customers. It operates in two segments, Progressive Leasing and Vive. The Progressive Leasing segment offers β¦ |
HEES | H&E Equipment Services, Inc. operates as an integrated equipment services company. The company operates in five segments: Equipment Rentals, Used Equipment Sales, New Equipment Sales, Parts Sales, and Repair and β¦ |
FPAY | FlexShopper, Inc., a financial technology company, operates an e-commerce marketplace to shop electronics, home furnishings, and other durable goods on a lease-to-own (LTO) basis. It offers durable products, including consumer β¦ |