Professional
Added to YB: 2026-03-30
Pitch date: 2026-02-11
HTZ [neutral]
Hertz Global Holdings, Inc.
-13.37%
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
$5.31
Price Target
N/A
Dividend
N/A
EV/EBITDA
84.57
P/E
-1.80
EV/Sales
2.37
Sector
Ground Transportation
Category
turnaround
Pershing Square Portfolio Holding: Hertz Global Holdings, Inc.
HTZ (holding update): Leading vehicle rental provider in early-stage turnaround. Fleet refresh complete, depreciation below targets, strong economics. 84% utilization (best-in-class, highest since 2018). First profitable Q in 2yrs. Mgmt targets $1B EBITDA w/ growth potential from ancillary services, retail car sales, AV ecosystem. Asymmetric upside if turnaround executes.
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