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The Latest Breaking News from HTZ

Bill Ackman's Hertz Stake Is Starting To Look Like His Next Chipotle Moment

When billionaire Bill Ackman quietly built a $104 million position in Hertz Global Holdings Inc. (NASDAQ:HTZ) this summer, few noticed. It was a small 0.76% slice of Pershing Square Capital's portfolio — easy to miss next to his billion-dollar stakes in Chipotle Mexican Grill Inc (NYSE:CMG) and Hilton Hotels Corp…

Benzinga

Hertz Is Doubling Down on E-Commerce. Does That Make HTZ Stock a Buy Now?

While the digital transformation brings retail efficiencies and record sales, Hertz’s turnaround case still faces fundamental hurdles.

Barchart

Hertz Stock Is Soaring After The Bell: What's Happening?

Hertz Global Holdings Inc (NASDAQ:HTZ) shares are accelerating to the upside in extended trading on Wednesday after the company announced financing that will result in increased long exposure for Bill Ackman’s Pershing Square Capital Management.

Benzinga

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Hertz Stock Is Moving Higher After Hours: Here's Why

Hertz Global Holdings Inc (NASDAQ:HTZ) shares are moving higher in Tuesday’s after-hours session after the company announced it received notification of a settlement distribution.

Benzinga

As Hertz Moves to Sell Cars on Amazon, Is HTZ Stock a Buy, Sell, or Hold?

Hertz’s new partnership with Amazon marks a bold digital expansion, but with operational questions and analysts still cautious, HTZ stock looks more like a speculative hold than a clear buy.

Barchart

Amazon Partnership Sends Hertz Stock Up 8% As US Pre-Owned Car Market Set To Hit $1 Trillion By 2030

Hertz Global Holdings Inc. (NASDAQ:HTZ) shares surged 8.57% to $5.83 on Friday following the announcement of its strategic partnership with Amazon.com Inc. (NASDAQ:AMZN) to sell certified pre-owned vehicles through Amazon Autos.

Benzinga

Carvana Stock Is Sliding Wednesday: What's Driving The Action?

Carvana Co (NYSE:CVNA) shares are trading lower Wednesday after Hertz Global Holdings Inc (NASDAQ:HTZ) announced that it will sell certified used cars on Amazon.com Inc (NASDAQ:AMZN) Autos.

Benzinga

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Hertz Stock Races Higher After Better-Than-Expected Q2 Results

Hertz Global Holdings Inc (NASDAQ:HTZ) shares are moving higher Thursday after the company reported better-than-expected financial results for the second quarter.

Benzinga

Billionaire Bill Ackman Is Betting Big on Hertz Stock. Should You?

Hertz’s stock rallied on news that legendary investor Bill Ackman had taken a stake in the car rental firm.

Barchart

Hertz’s Unusual Options Activity Provides a Slew of Strategies to Ride Bill Ackman’s Coattails

In the week’s final trading day, Thursday, Hertz had nine unusually active options, including six puts and three calls. With plenty of strategies to ride Bill Ackman’s big bet, here are three simpler ones.

Barchart

Bottom 100 Stocks to Buy: Is Hertz Global Holdings Ready for a Second Trip to Chapter 11?

Hertz Global Holdings jumped onto the Barchart Bottom 100 Stocks to Buy in Monday, trading in the 72nd position. Down 66% year-to-date, is the car rental company ready for Chapter 11? Or is it a value play? Here’s a look at both arguments.

Barchart

Should You Consider Investing in Hertz Global?

Hertz Global (HTZ) slumped more than 55% year-to-date as the car rental company continues to incur massive losses from its ill-fated Tesla EV plan, shaking investor confidence. Should you consider investing in this stock? Read more to find out….

StockNews.com

HTZ Stock: Navigating the Crossroads of Revenge Travel and Market Volatility

Amid market uncertainties and the allure of revenge travel, Hertz options trading offers a nuanced glimpse into the stock's potential trajectory.

Barchart

Barclays Cuts Price Target For Avis Budget & Hertz Global - Read Why

Barclays analyst Brian Johnson lowered the price target for Avis Budget Group Inc (NASDAQ:CAR) to $158 (1.7% upside) from $223 while maintaining the Equal Weight rating on the shares. The analyst reduced the price target on Hertz Global Holdings Inc (NASDAQ:HTZ) to $21 (28% upside) from $23 while maintaining the Over Weight rating on the shares. Johnson points out…

Benzinga

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StockNews.com

Does Hertz Global Deserve a Place in Your Portfolio?

While the car rental company Hertz Global (HTZ) has witnessed surging consumer demand due to easing travel restrictions, its shares have plummeted nearly 31% in price year-to-date. So, let’s evaluate if it is worth adding the stock to your portfolio now. Read on to learn more.

Benzinga

Why Hertz Stock Is Surging Today

Hertz Global Holdings Inc (NASDAQ: HTZ) shares are trading higher Wednesday after the company announced a $2 billion buyback.

Benzinga

Hertz Announces New $2B Buyback: What Investors Need To Know

Shares of vehicle rental service company Hertz Global Holdings Inc (NASDAQ: HTZ) are moving higher Wednesday after the company announced a buyback.

Benzinga

Hertz Global Holdings Earnings Perspective: Return On Capital Employed

According to Benzinga Pro, during Q1, Hertz Global Holdings (NASDAQ:HTZ) earned $426.00 million, a 262.6% increase from the preceding quarter. Hertz Global Holdings's sales decreased to $1.81 billion, a 7.13% change since Q4.

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Benzinga

Hertz Chief Sees Business Travel Recovery Choking Already Strained Used Car Supply: CNBC

Hertz Global Holdings, Inc (NASDAQ:HTZ) chief Stephen Scherr saw a recovery in business travel and possibly choking the already packed supplies of rental cars, CNBC’s Jim Cramer reports. However, the rebound of business travel is still in its early stages compared to leisure travel, Scherr said. He saw the in-bound visitor from…

Benzinga

Check Out What Whales Are Doing With HTZ

A whale with a lot of money to spend has taken a noticeably bullish stance on Hertz Global Holdings. Looking at options history for Hertz Global Holdings (NASDAQ:HTZ) we detected 28 strange trades.

Benzinga

Rental Car Companies Mull Electrification: Reuters

The rental car industry, after a stellar performance boosted by the pandemic, is poised to embrace electrification, Reuters reported. Asian automakers could enter the electric transition, dominated by companies in the west, mainly in the U.S. and Europe. The report quoted Olivier Baldassari, group chief countries, and operations officer at rental…

Benzinga

Expert Ratings For Hertz Global Holdings

Within the last quarter, Hertz Global Holdings (NASDAQ:HTZ) has observed the following analyst ratings:

Benzinga

What's Going On With Hertz Shares Today?

Hertz Global Holdings Inc (NASDAQ: HTZ) is trading higher Thursday after the company reported fourth-quarter financial results. The stock initially traded lower, but reversed following positive analyst coverage.

Benzinga

Tesla Customer Hertz Backs EV Car Rental Startup Ufodrive In $19M Funding Round

Car rental firm Hertz Global Holdings Inc (NASDAQ: HTZ) is a leading investor in Europe’s online, all-electric car rental startup Ufodrive.

StockNews.com

Is Hertz a Buy Under $20?

The shares of car rental company Hertz Global (HTZ) experienced a significant price rebound after being hard hit by pandemic-induced headwinds. But although the company has experienced surging consumer demand due to easing travel restrictions, its shares have plunged nearly 38% in price over the past three months. So, is…

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