Herc Holdings Inc. (NYSE:HRI) shares traded down 0% on Friday . The company traded as low as $35.31 and last traded at $35.39. 8,105 shares were traded during trading, a decline of 96% from the average session volume of 227,475 shares. The stock had previously closed at $35.40.

A number of research analysts have weighed in on the company. ValuEngine downgraded Herc from a “buy” rating to a “hold” rating in a report on Wednesday, August 8th. Buckingham Research upgraded Herc from a “neutral” rating to a “buy” rating and upped their target price for the stock from $67.00 to $70.00 in a report on Friday, July 13th. Finally, Zacks Investment Research downgraded Herc from a “buy” rating to a “hold” rating in a report on Tuesday, August 14th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $66.33.

The company has a quick ratio of 0.80, a current ratio of 0.84 and a debt-to-equity ratio of 4.48. The company has a market capitalization of $1.17 billion, a price-to-earnings ratio of -110.63 and a beta of 2.41.

Herc (NYSE:HRI) last posted its quarterly earnings results on Wednesday, August 8th. The transportation company reported ($0.01) earnings per share for the quarter, missing the consensus estimate of $0.08 by ($0.09). The company had revenue of $485.50 million during the quarter, compared to analysts’ expectations of $462.50 million. Herc had a return on equity of 3.55% and a net margin of 11.61%. The business’s quarterly revenue was up 16.8% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.06 EPS. On average, analysts forecast that Herc Holdings Inc. will post 1.36 earnings per share for the current year.

Several institutional investors have recently bought and sold shares of HRI. Dimensional Fund Advisors LP grew its stake in shares of Herc by 0.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 910,632 shares of the transportation company’s stock worth $59,146,000 after buying an additional 6,218 shares during the last quarter. A.R.T. Advisors LLC purchased a new stake in shares of Herc in the 1st quarter worth approximately $804,000. Jane Street Group LLC grew its stake in shares of Herc by 410.4% in the 1st quarter. Jane Street Group LLC now owns 13,222 shares of the transportation company’s stock worth $859,000 after buying an additional 17,482 shares during the last quarter. Highbridge Capital Management LLC lifted its position in Herc by 85.3% in the 1st quarter. Highbridge Capital Management LLC now owns 13,370 shares of the transportation company’s stock valued at $869,000 after acquiring an additional 6,154 shares in the last quarter. Finally, Xact Kapitalforvaltning AB bought a new position in Herc in the 1st quarter valued at approximately $238,000. Institutional investors own 94.77% of the company’s stock.

About Herc (NYSE:HRI)

Herc Holdings Inc, together with its subsidiaries, operates as an equipment rental supplier. It rents aerial, earthmoving, material handling, trucks and trailers, air compressors, compaction, and lighting equipment, as well as generators, and safety supplies and expendables; and provides ProSolutions, an industry specific solution based services, such as pumping solutions, power generation, climate control, remediation and restoration, and studio and production equipment.

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