Transportation sector’s Herc’s (NYSE:HRI) Buy rating Reiterated by Royal Bank of Canada

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Herc (NYSE:HRI)‘s stock had its Buy rating Reiterated by analysts at Royal Bank of Canada in a research report issued to clients and investors. A price-to-earnings ratio of 17.54, market cap of 885.8M and a beta of 3.71.  Herc has a twelve month low $11.81 of  and a twelve month high of $50.81.

Shares of Herc traded up $1.87 on Monday, reaching $30.43. 368075 shares of the stock traded hands, compared to its average volume of 267888. Shares of Herc at end of the day on Monday were at $30.43. The firm’s 50 day moving average is $26.63 and its 200 day moving average is 37.01.Herc  has a 12 month low of $28.79 and a 12 month high of $50.81. While on yearly highs and lows, Herc’s today has traded high as $30.80 and has touched $28.79 on the downward trend. See More Analyst Rating at: RATING

Herc (NYSE:HRI) Moving Average Technical Analysis

5 day Moving Average is 28.66 And 5 day price change is 2.11 (0.0739)  with average volume for 5 day average is 293,485. While technical analysis for average 20 days shows significant difference, 20 day moving average is  29.82 and 20 day price change is 2.86 (0.103) and average 20 day moving volume is 267,711. 50 day moving average is 26.63  and 50 day price change is 9.35 ( 0.4402)  and with average volume for 50 days is : 307,081. 200 day moving average is 37.01  and 200 day price change is -17.17 (-35.97%)  and with average volume for 200 days is : 260,542.

See More Analyst Rating at: RATING

Herc Earnings and What to expect: 

Herc last announced its quarterly earnings data on April 23rd, 2020. The transportation company reported $0.04 earnings per share for the quarter, beating the consensus estimate of ($0.27) by $0.31. The firm had revenue of $436.20 million for the quarter, compared to analyst estimates of $464.48 million. Its revenue for the quarter was down 8.3% on a year-over-year basis. Herc has generated $3.15 earnings per share over the last year and currently has a price-to-earnings ratio of 17.7. Herc has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Thursday, August 6th, 2020 based off prior year’s report dates.

Earnings for Herc are expected to grow by 360.87% in the coming year, from $0.46 to $2.12 per share. The P/E ratio of Herc is 17.60, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.07. The P/E ratio of Herc is 17.60, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 12.96. Herc has a PEG Ratio of 45.99. PEG Ratios above 1 indicate that a company could be overvalued. Herc has a P/B Ratio of 1.35. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Latest Insiders Trading and Volume : 

  • Insider Ownership Percentage: 1.80%
  • On 3/6/2019 Director Mary P. Salomone Buy 300 at average share price of $42.00 which equates to $12,600.00 in money value.
  • On 11/27/2018 Director Herbert L Henkel Buy 10,000 at average price of  $34.68 with total value of : Not Data Available
  • On 11/10/2017 Director Jean K Holley Buy 1,400 at average price of  $54.78 with total value of : $76,692.00

What other brokers have to say about Herc :

  • 6/24/2020 – Herc was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. ()
  • 6/17/2020 – Herc was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. ()
  • 6/16/2020 – Herc was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $31.00 price target on the stock. ()
  • 6/10/2020 – Herc was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. ()

Other firm’s rating by Royal Bank of Canada:

  • 6/29/2020 – Teck Resources had its “buy” rating re-affirmed by analysts at Royal Bank of Canada. They now have a $20.00 price target on the stock. ()
  • 6/29/2020 – Foundation Building Materials had its “hold” rating re-affirmed by analysts at Royal Bank of Canada. They now have a $15.00 price target on the stock. ()
  • 6/29/2020 – Trevali Mining had its “hold” rating re-affirmed by analysts at Royal Bank of Canada. They now have a $0.10 price target on the stock. ()
  • 6/29/2020 – ZoomInfo Technologies is now covered by analysts at Royal Bank of Canada. They set a “sector perform” rating and a $50.00 price target on the stock. ()

See More Analyst Rating at: RATING