Professional
Added to YB: 2025-05-19
Pitch date: 2025-05-14
HTZ [bearish]
Hertz Global Holdings, Inc.
+7.33%
current return
Author Info
No bio for this author
Company Info
Hertz Global Holdings, Inc. operates as a vehicle rental company. It operates through two segments: Americas RAC and International RAC.
Market Cap
$1.4B
Pitch Price
$5.73
Price Target
3.00 (-44%)
Dividend
N/A
EV/EBITDA
84.72
P/E
-1.85
EV/Sales
2.37
Sector
Ground Transportation
Category
N/A
Goldman Reiterates Sell on Hertz with $3 PT
HTZ Sell: Goldman cuts PT to $3, cites $200M revenue miss from 8% fleet reduction that hurt volumes/pricing. JPM: Q1 EBITDA loss -$325M vs -$276M est. Pricing strong Jan/Feb, softened in Mar/Apr. GS forecasts 2025 adj EBITDA -$138M, doubts industry rationality despite HTZ confidence. Cost-cutting ongoing via tech partnerships.
Read full article (2 min)