HRI Stock Overview
Herc Holdings Inc., through its subsidiaries, operates as an equipment rental supplier primarily in the United States and internationally.
Herc Holdings Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$184.02|
|52 Week High||US$203.14|
|52 Week Low||US$55.51|
|1 Month Change||7.88%|
|3 Month Change||39.45%|
|1 Year Change||208.24%|
|3 Year Change||415.90%|
|5 Year Change||361.55%|
|Change since IPO||456.79%|
Recent News & Updates
The Return Trends At Herc Holdings (NYSE:HRI) Look Promising
There are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to...
Is Herc Holdings Inc. (NYSE:HRI) Worth US$171 Based On Its Intrinsic Value?
How far off is Herc Holdings Inc. ( NYSE:HRI ) from its intrinsic value? Using the most recent financial data, we'll...
Keep An Eye On Herc Holdings
Herc Holdings is flying under the radar as it's a mid-cap equipment rental company. The company has great management and a business model that will allow it to accelerate its expansion over the next few years, supported by higher margins. The valuation is fair, which means I advise investors to use market weakness to initiate a position at attractive prices.
|HRI||US Trade Distributors||US Market|
Return vs Industry: HRI exceeded the US Trade Distributors industry which returned 39.9% over the past year.
Return vs Market: HRI exceeded the US Market which returned 21.3% over the past year.
|HRI Average Weekly Movement||6.1%|
|Trade Distributors Industry Average Movement||5.2%|
|Market Average Movement||5.9%|
|10% most volatile stocks in US Market||15.1%|
|10% least volatile stocks in US Market||2.2%|
Stable Share Price: HRI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: HRI's weekly volatility (6%) has been stable over the past year.
About the Company
Herc Holdings Inc., through its subsidiaries, operates as an equipment rental supplier primarily 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, such as power generation, climate control, remediation and restoration, and studio and production equipment; and ProContractor professional grade tools.
Herc Holdings Fundamentals Summary
|HRI fundamental statistics|
Is HRI overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|HRI income statement (TTM)|
|Cost of Revenue||US$1.39b|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||6.33|
|Net Profit Margin||9.32%|
How did HRI perform over the long term?See historical performance and comparison
1.1%Current Dividend Yield
Is Herc Holdings undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: HRI ($184.02) is trading above our estimate of fair value ($103.63)
Significantly Below Fair Value: HRI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: HRI is poor value based on its PE Ratio (29.1x) compared to the US Trade Distributors industry average (20.5x).
PE vs Market: HRI is poor value based on its PE Ratio (29.1x) compared to the US market (17.2x).
Price to Earnings Growth Ratio
PEG Ratio: HRI is good value based on its PEG Ratio (0.7x)
Price to Book Ratio
PB vs Industry: HRI is overvalued based on its PB Ratio (6x) compared to the US Trade Distributors industry average (2.4x).
How is Herc Holdings forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HRI's forecast earnings growth (39.6% per year) is above the savings rate (2%).
Earnings vs Market: HRI's earnings (39.6% per year) are forecast to grow faster than the US market (14.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: HRI's revenue (11.4% per year) is forecast to grow faster than the US market (10.1% per year).
High Growth Revenue: HRI's revenue (11.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HRI's Return on Equity is forecast to be low in 3 years time (18.7%).
How has Herc Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HRI has high quality earnings.
Growing Profit Margin: HRI's current net profit margins (9.3%) are higher than last year (4.1%).
Past Earnings Growth Analysis
Earnings Trend: HRI's earnings have grown significantly by 20.2% per year over the past 5 years.
Accelerating Growth: HRI's earnings growth over the past year (156.2%) exceeds its 5-year average (20.2% per year).
Earnings vs Industry: HRI earnings growth over the past year (156.2%) exceeded the Trade Distributors industry 84.4%.
Return on Equity
High ROE: Whilst HRI's Return on Equity (20.66%) is high, this metric is skewed due to their high level of debt.
How is Herc Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: HRI's short term assets ($448.4M) exceed its short term liabilities ($426.7M).
Long Term Liabilities: HRI's short term assets ($448.4M) do not cover its long term liabilities ($2.8B).
Debt to Equity History and Analysis
Debt Level: HRI's net debt to equity ratio (201.5%) is considered high.
Reducing Debt: HRI's debt to equity ratio has reduced from 585.6% to 205.3% over the past 5 years.
Debt Coverage: HRI's debt is well covered by operating cash flow (37%).
Interest Coverage: HRI's interest payments on its debt are well covered by EBIT (3.8x coverage).
What is Herc Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HRI's dividend (1.09%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.32%).
High Dividend: HRI's dividend (1.09%) is low compared to the top 25% of dividend payers in the US market (3.58%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether HRI's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if HRI's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (7.8%), HRI's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of HRI's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Larry Silber (64 yo)
Mr. Lawrence H. Silber, also known as Larry, serves as a Director of Hayward Holdings, Inc. since November 2019. Mr. Silber has been the Chief Executive Officer and President at Herc Rentals Inc. since May...
CEO Compensation Analysis
Compensation vs Market: Larry's total compensation ($USD4.46M) is about average for companies of similar size in the US market ($USD6.24M).
Compensation vs Earnings: Larry's compensation has been consistent with company performance over the past year.
Experienced Management: HRI's management team is considered experienced (4.4 years average tenure).
Experienced Board: HRI's board of directors are considered experienced (4.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: HRI insiders have sold more shares than they have bought in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Herc Holdings Inc.'s employee growth, exchange listings and data sources
- Name: Herc Holdings Inc.
- Ticker: HRI
- Exchange: NYSE
- Founded: 1965
- Industry: Trading Companies and Distributors
- Sector: Capital Goods
- Market Cap: US$5.458b
- Shares outstanding: 29.66m
- Website: https://ir.hercrentals.com
Number of Employees
- Herc Holdings Inc.
- 27500 Riverview Center Boulevard
- Suite 100
- Bonita Springs
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/11/26 23:11|
|End of Day Share Price||2021/11/26 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.