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Added to YB: 2025-08-26

Pitch date: 2025-06-30

HTZ [bullish]

Hertz Global Holdings, Inc.

-24.26%

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

$1.8B

Pitch Price

$6.80

Price Target

N/A

Dividend

N/A

EV/EBITDA

190.33

P/E

-1.69

EV/Sales

2.39

Sector

Ground Transportation

Category

turnaround

Show full summary:
Pershing Square H1 new position - Hertz

HTZ (new position): Car rental turnaround under CEO Gil West; 80%+ fleet <1yr old, $250 depreciation/unit vs $300 target, first profitable Q since 2023. Mgmt targets $1B normalized EBITDA by 2027. $1.4B liquidity, oligopoly w/ Enterprise/Avis. AV optionality. Higher leverage risk.

Read full article (3 min)