Herc Holdings Inc., through its subsidiaries, operates as an equipment rental supplier primarily in the United States and internationally.
Fair value with moderate growth potential.
Share Price & News
How has Herc Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HRI's share price has been volatile over the past 3 months.
7 Day Return
US Trade Distributors
1 Year Return
US Trade Distributors
Return vs Industry: HRI underperformed the US Trade Distributors industry which returned -1.7% over the past year.
Return vs Market: HRI underperformed the US Market which returned 6.7% over the past year.
Price Volatility Vs. Market
How volatile is Herc Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StDoes Herc Holdings's (NYSE:HRI) Statutory Profit Adequately Reflect Its Underlying Profit?
3 months ago | Simply Wall StHerc Holdings Inc.’s (NYSE:HRI) Investment Returns Are Lagging Its Industry
3 months ago | Simply Wall StThe Non-Executive Chairman of Herc Holdings Inc. (NYSE:HRI), Herbert Henkel, Just Bought 100% More Shares
Is Herc Holdings undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: HRI ($30.75) is trading below our estimate of fair value ($46.73)
Significantly Below Fair Value: HRI is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HRI is poor value based on its PE Ratio (17.5x) compared to the US Trade Distributors industry average (14.7x).
PE vs Market: HRI is poor value based on its PE Ratio (17.5x) compared to the US market (16.2x).
Price to Earnings Growth Ratio
PEG Ratio: HRI is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: HRI is overvalued based on its PB Ratio (1.4x) compared to the US Trade Distributors industry average (1.3x).
How is Herc Holdings forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HRI's forecast earnings growth (27.9% per year) is above the savings rate (2.2%).
Earnings vs Market: HRI's earnings (27.9% per year) are forecast to grow faster than the US market (22.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: HRI's revenue (3.7% per year) is forecast to grow slower than the US market (9.4% per year).
High Growth Revenue: HRI's revenue (3.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if HRI's Return on Equity is forecast to be high in 3 years time
How has Herc Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HRI has a large one-off loss of $72.7M impacting its March 31 2020 financial results.
Growing Profit Margin: HRI's current net profit margins (2.6%) are lower than last year (3.6%).
Past Earnings Growth Analysis
Earnings Trend: HRI's earnings have grown by 7.6% per year over the past 5 years.
Accelerating Growth: HRI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: HRI had negative earnings growth (-30.5%) over the past year, making it difficult to compare to the Trade Distributors industry average (-10.2%).
Return on Equity
High ROE: HRI's Return on Equity (8.1%) is considered low.
How is Herc Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: HRI's short term assets ($395.5M) exceed its short term liabilities ($299.1M).
Long Term Liabilities: HRI's short term assets ($395.5M) do not cover its long term liabilities ($2.8B).
Debt to Equity History and Analysis
Debt Level: HRI's debt to equity ratio (343.9%) is considered high.
Reducing Debt: HRI's debt to equity ratio has increased from 37.7% to 343.9% over the past 5 years.
Debt Coverage: HRI's debt is well covered by operating cash flow (28.4%).
Interest Coverage: HRI's interest payments on its debt are not well covered by EBIT (2.3x coverage).
What is Herc Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate HRI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate HRI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if HRI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if HRI's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of HRI's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Larry Silber (63yo)
Mr. Lawrence H. Silber, also known as Larry, has been the Chief Executive Officer and President at Herc Rentals Inc. since May 14, 2015 and Herc Holdings, Inc. since May 21, 2015. Mr. Silber served as an I ...
CEO Compensation Analysis
Compensation vs Market: Larry's total compensation ($USD4.18M) is above average for companies of similar size in the US market ($USD3.17M).
Compensation vs Earnings: Larry's compensation has been consistent with company performance over the past year.
|Senior VP & CFO||2.08yrs||US$1.56m||0.030% $269.3k|
|Senior VP & Chief Information Officer||2.83yrs||US$1.16m||0.032% $289.2k|
|Senior VP & Chief Human Resources Officer||4.08yrs||US$1.18m||0.11% $943.5k|
|Senior VP & COO||0.50yr||no data||0.042% $375.9k|
|VP, Controller & Chief Accounting Officer||3.25yrs||US$895.60k||0.018% $165.6k|
|Vice President of Investor Relations||no data||no data||no data|
|Senior VP||0.67yr||no data||no data|
|Vice President of Communications||no data||no data||no data|
|VP & Corporate Treasurer||4.5yrs||no data||no data|
Experienced Management: HRI's management team is considered experienced (3 years average tenure).
|Independent Director||2.17yrs||US$185.06k||no data|
|Independent Director||2.92yrs||US$196.69k||0.012% $105.8k|
|Independent Non-Executive Chairman||4.08yrs||US$329.27k||0.089% $798.5k|
|Independent Director||4.08yrs||US$201.70k||0.023% $209.7k|
|Independent Director||2.92yrs||US$196.69k||0.013% $115.2k|
|Independent Director||4.08yrs||US$194.20k||0.032% $289.1k|
|Independent Director||4.08yrs||US$206.70k||0.024% $217.2k|
|Independent Director||4.08yrs||US$201.70k||0.0015% $13.2k|
|Independent Director||0.17yr||no data||no data|
|Independent Director||0.92yr||US$121.28k||no data|
Experienced Board: HRI's board of directors are considered experienced (4.1 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: HRI insiders have bought and sold the same number of shares 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 company bio, 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$895.170m
- Shares outstanding: 29.11m
- Website: https://ir.hercrentals.com
Number of Employees
- Herc Holdings Inc.
- 27500 Riverview Center Boulevard
- Suite 100
- Bonita Springs
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|HRI||NYSE (New York Stock Exchange)||Yes||Common Stock||US||USD||Jul 2016|
|H9B1||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Jul 2016|
|HRI *||BMV (Bolsa Mexicana de Valores)||Yes||Common Stock||MX||MXN||Jul 2016|
|0J4L||LSE (London Stock Exchange)||Yes||Common Stock||GB||USD||Jul 2016|
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. 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 and retail service, 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.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/13 23:57|
|End of Day Share Price||2020/07/13 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.