Robert W. Baird analyst Mircea Dobre maintained a Hold rating on Herc Holdings (HRI – Research Report) today. The company’s shares closed yesterday at $154.68.
Dobre covers the Industrials sector, focusing on stocks such as John Bean Technologies, Agco, and Illinois Tool Works. According to TipRanks, Dobre has an average return of 12.0% and a 52.21% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Sell analyst consensus rating for Herc Holdings with a $111.00 average price target.
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Based on Herc Holdings’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $908 million and a net profit of $113 million. In comparison, last year the company earned a revenue of $745 million and had a net profit of $101 million
Based on the recent corporate insider activity of 52 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of HRI in relation to earlier this year.
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Herc Holdings (HRI) Company Description:
Herc Holdings, Inc., engages as a equipment rental suppliers. It operates through the United States, and International geographical segments. It offers equipment rental, used equipment sales, solutions, account management, and credit application. The company was founded in 1965 and is headquartered in Bonita Springs, FL.
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