The shares of Hertz Global Holdings, Inc. (NYSE:HTZ) has been pegged with a rating of Buy by Northcoast in its latest research note that was published on March 4th, 2019. Northcoast wasnâ€™t the only research firm that published a report of Hertz Global Holdings, Inc., with other equities research analysts also giving their opinion on the stock. Barclays advised investors in its research note published on March 1st, 2019, to Equal Weight the HTZ stock while also putting a $18 price target. The stock had earned Sell rating from Goldman when it published its report on February 15th, 2018. That day the Goldman set price target on the stock to $13. The stock was given Outperform rating by Macquarie in its report released on January 18th, 2018. Morgan Stanley was of a view that HTZ is Underweight in its latest report on September 14th, 2017. JP Morgan thinks that HTZ is worth Neutral rating. This was contained in the firmâ€™s report on August 4th, 2017.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 4 believe it has the potential for further growth, thus rating it as Hold while 2 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $22.88. The price of the stock the last time has raised by 38.82% from its Week high price while it is raised higher than its 52-Week low price. A look at the stockâ€™s other technical shows that its 14-day RSI now stands at 58.62.
The shares of the company added by 2.44% during the trading session on Friday, reaching a low of $17.74 while ending the day at $18.06. During the trading session, a total of 2.97 million shares were traded which represents a 2.45% incline from the average session volume which is 3.04M shares. HTZ had ended its last session trading at 17.63. Hertz Global Holdings, Inc. currently has a market cap of $1.53B while its P/E earnings growth sits at 0.16, with a beta of 2.21. Hertz Global Holdings, Inc. debt-to-equity ratio currently stands at 15.39, while its quick ratio hovers at . HTZ 52-week low price stands at $13.01 while its 52-week high price is $22.70.
The company in its last quarterly report recorded -$0.55 earnings per share which is above the -$0.90 predicted by most analysts. The Hertz Global Holdings, Inc. generated $2,294.00 million in revenue during the last quarter, which is slightly higher than the $2,147.80 million predicted by analysts. In the second quarter last year, the firm recorded $2.14 earnings per share. Compared to the same quarter last year, the firmâ€™s revenue was up by 489.09%. Hertz Global Holdings, Inc. has the potential to record -2.41 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Goldman published a research note on March 11th, 2019 where it informed investors and clients that Halliburton Company (NYSE:HAL) is now rated as Buy. Their price target on the stock stands at $42. Barclays also rated HAL as Upgrade on March 1st, 2019, with its price target of $18 suggesting that HAL could surge by 19.15% from its current share price. Even though the stock has been trading at $31.20/share, analysts expect it to surge higher by 0.42% to reach $38.75/share. It started the day trading at $31.81 and traded between $31.07 and $31.33 throughout the trading session.
A look at its technical shows that HALâ€™s 50-day SMA is 30.24 while its 200-day SMA stands at 35.09. The stock has a high of $54.91 for the year while the low is $24.70. The companyâ€™s P/E ratio currently sits at 17.06, while the P/B ratio is 2.87. At the moment, only of Halliburton Company shares were sold short. The companyâ€™s average trading volume currently stands at 9.51M shares, which means that the short-interest ratio is just 1.73 days. Over the past seven days, the company moved, with its shift of 1.16%. Looking further, the stock has raised 2.05% over the past 90 days while it lost -22.91% over the last six months.
The change in the stockâ€™s fortunes has led to several institutional investors altering their holdings of the stock. The Vanguard Group Inc bought more HAL shares, increasing its portfolio by +2.69% during the last quarter. This move now sees The Vanguard Group Inc purchasing 1,687,316 shares in the last quarter, thus it now holds 64,383,053 shares of HAL, with a total valuation of $1,886,423,453. SSgA Funds Management Inc meanwhile sold more HAL shares in the recently filed quarter, changing its stake to $1,220,457,746 worth of shares. BlackRock Fund Advisors followed the path by increasing its HAL portfolio by +1.56% in the quarter. This means that BlackRock Fund Advisors bought 613,115 shares in the last quarter and now controls 39,858,579 shares of the HAL stock, with the valuation hitting $1,167,856,365.
Similarly, Capital Research Management Co decreased its Halliburton Company shares by -0.25% during the recently filed quarter. After selling -91,039 shares in the last quarter, the firm now controls 35,708,892 shares of Halliburton Company which are valued at $1,046,270,536. In the same vein, Dodge Cox increased its Halliburton Company shares by during the most recent reported quarter. The firm bought 19,688,408 shares during the quarter which increased its stakes to 26,423,375 shares and is now valued at $774,204,888. Following these latest developments, around 0.30% of Halliburton Company stocks are owned by institutional investors and hedge funds.