4.32BMarket Cap12.58P/E (TTM)
155.860High151.790Low165.76KVolume154.200Open153.920Pre Close25.37MTurnover0.60%Turnover Ratio12.59P/E (Static)28.37MShares171.00052wk High3.30P/B4.24BFloat Cap92.02152wk Low2.56Dividend TTM27.86MShs Float452.922Historical High1.68%Div YieldTTM2.64%Amplitude11.280Historical Low153.078Avg Price1Lot Size
Herc Holdings Stock Forum
ColumnsToday's pre-market stock movers: TSLA, T, NOK, UAL and more
In reaction to earnings/guidance:
• $Super Micro Computer(SMCI.US)$ +18%,$Nokia Oyj(NOK.US)$ +7.7%,$Danaher(DHR.US)$ +6.3%,$RLI Corp(RLI.US)$ +5%,$CSX Corp(CSX.US)$ +4.3%,$Las Vegas Sands(LVS.US)$ +4.2%,$Alcoa(AA.US)$ +3.4%(also authorizes new $500 mln share repurchase program)
• $Steel Dynamics(STLD.US)$ +2.8%,$Herc Holdings(HRI.US)$ +2.6%,$Tesla(TSLA.US)$ +2.5%, $Philip Morris International(PM.US)$ +2.5%,$F.N.B. Corp(FNB.US)$ ...
Returns At Herc Holdings (NYSE:HRI) Are On The Way Up
Return On Capital Employed (ROCE): What is it?
For those who don't know, ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business. Analysts use this formula to calculate it for Herc Holdings:
Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities)
0.091 = US$336m ÷ (US$4.1b - US$427m) (Based on the trailing twelve months to September 2021).
Therefore, Herc Holdings has an ROCE of 9.1%. In absolute terms, that's a low return but it's around the Trade Distributors industry average of 11%.
The Bottom Line On Herc Holdings' ROCE
To sum it up, Herc Holdings is collecting higher returns from the same amount of capital, and that's impressive. And a remarkable 430% total return over the last five years tells us that investors are expecting more good things to come in the future. So given the stock has proven it has promising trends, it's worth researching the company further to see if these trends are likely to persist.
Article excerpted from Yahoo.
No comment yet