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HTZZ

Hertz Global HoldingsOTCPK:HTZZ Stock Report

Market Cap

US$12.7b

7D

7.8%

1Y

n/a

Updated

27 Oct, 2021

Data

Company Financials +
HTZZ fundamental analysis
Snowflake Score
Valuation0/6
Future Growth4/6
Past Performance0/6
Financial Health4/6
Dividends0/6

HTZZ Overview

Hertz Global Holdings, Inc., together with its subsidiaries, provides airport and off airport vehicle rental and leasing services.

Hertz Global Holdings Competitors

Old Dominion Freight Line

NasdaqGS:ODFL

US$37.5b

Lyft

NasdaqGS:LYFT

US$15.7b

Avis Budget Group

NasdaqGS:CAR

US$11.0b

HyreCar

NasdaqCM:HYRE

US$146.9m

Price History & Performance

Summary of all time highs, changes and price drops for Hertz Global Holdings
Historical stock prices
Current Share PriceUS$27.01
52 Week HighUS$14.15
52 Week LowUS$35.00
Beta0
1 Month Change38.51%
3 Month Change51.83%
1 Year Changen/a
3 Year Changen/a
5 Year Changen/a
Change since IPO0.074%

Recent News & Updates

Shareholder Returns

HTZZUS TransportationUS Market
7D7.8%3.1%0.9%
1Yn/a42.0%33.4%

Return vs Industry: Insufficient data to determine how HTZZ performed against the US Transportation industry.

Return vs Market: Insufficient data to determine how HTZZ performed against the US Market.

Price Volatility

Is HTZZ's price volatile compared to industry and market?
HTZZ volatility
HTZZ Beta0
Industry Beta1.22
Market Beta1

Stable Share Price: HTZZ is more volatile than 75% of US stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: Insufficient data to determine HTZZ's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
191822,075Mark Fieldshttps://www.hertz.com

Hertz Global Holdings, Inc., together with its subsidiaries, provides airport and off airport vehicle rental and leasing services. It operates through three segments: U.S. RAC, International RAC, and All Other Operations. The company provides its vehicle rental services under the Hertz, Dollar, Thrifty, Firefly, and Flexicar brands from approximately 12,000 corporate and franchisee locations in North America, Europe, Latin America, Africa, Asia, Australia, the Caribbean, the Middle East, and New Zealand.

Hertz Global Holdings Fundamentals Summary

How do Hertz Global Holdings's earnings and revenue compare to its market cap?
HTZZ fundamental statistics
Market CapUS$12.73b
Earnings (TTM)-US$490.00m
Revenue (TTM)US$5.66b

2.2x

P/S Ratio

-26.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
HTZZ income statement (TTM)
RevenueUS$5.66b
Cost of RevenueUS$4.60b
Gross ProfitUS$1.06b
ExpensesUS$1.55b
Earnings-US$490.00m

Valuation

Is Hertz Global Holdings undervalued compared to its fair value and its price relative to the market?

3.52x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: HTZZ ($27.01) is trading above our estimate of fair value ($0.19)

Significantly Below Fair Value: HTZZ is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: HTZZ is unprofitable, so we can't compare its PE Ratio to the US Transportation industry average.

PE vs Market: HTZZ is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate HTZZ's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: HTZZ is overvalued based on its PB Ratio (3.5x) compared to the US Transportation industry average (3.3x).


Future Growth

How is Hertz Global Holdings forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

43.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: HTZZ is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (2%).

Earnings vs Market: HTZZ is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: HTZZ's is expected to become profitable in the next 3 years.

Revenue vs Market: HTZZ's revenue (15.1% per year) is forecast to grow faster than the US market (9.9% per year).

High Growth Revenue: HTZZ's revenue (15.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: HTZZ's Return on Equity is forecast to be low in 3 years time (12.1%).


Past Performance

How has Hertz Global Holdings performed over the past 5 years?

-35.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HTZZ is currently unprofitable.

Growing Profit Margin: HTZZ is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: HTZZ is unprofitable, and losses have increased over the past 5 years at a rate of 35.1% per year.

Accelerating Growth: Unable to compare HTZZ's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: HTZZ is unprofitable, making it difficult to compare its past year earnings growth to the Transportation industry (50.5%).


Return on Equity

High ROE: HTZZ has a negative Return on Equity (-9.76%), as it is currently unprofitable.


Financial Health

How is Hertz Global Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: HTZZ's short term assets ($4.9B) exceed its short term liabilities ($2.4B).

Long Term Liabilities: HTZZ's short term assets ($4.9B) do not cover its long term liabilities ($11.5B).


Debt to Equity History and Analysis

Debt Level: HTZZ's debt to equity ratio (168.6%) is considered high.

Reducing Debt: HTZZ's debt to equity ratio has reduced from 956.6% to 168.6% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable HTZZ has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: HTZZ is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 32.6% per year.


Dividend

What is Hertz Global Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate HTZZ's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate HTZZ'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 HTZZ's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if HTZZ'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 HTZZ's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.7yrs

Average management tenure


CEO

Mark Fields (60 yo)

no data

Tenure

Mr. Mark Fields serves as Director at Hertz Global Holdings, Inc. since June 30, 2021 and serves as Director at Hertz Corporation since June 2021. He serves as Interim Chief Executive Officer at Hertz Glob...


Leadership Team

Experienced Management: HTZZ's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.


Board Members

Experienced Board: HTZZ's board of directors are not considered experienced ( 0.3 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: HTZZ only recently listed within the past 12 months, with total shares outstanding growing by 201.8% in the past year..


Top Shareholders

Company Information

Hertz Global Holdings, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Hertz Global Holdings, Inc.
  • Ticker: HTZZ
  • Exchange: OTCPK
  • Founded: 1918
  • Industry: Trucking
  • Sector: Transportation
  • Market Cap: US$12.733b
  • Shares outstanding: 471.43m
  • Website: https://www.hertz.com

Number of Employees


Location

  • Hertz Global Holdings, Inc.
  • 8501 Williams Road
  • Estero
  • Florida
  • 33928
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/27 23:07
End of Day Share Price2021/10/27 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.