Herc Holdings Stock Price on March 29, 2024
| HRI Stock | USD 150.00 3.10 2.11% |
Below is the normalized historical share price chart for Herc Holdings extending back to June 20, 2016. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Herc Holdings stands at 150.00, as last reported on the 6th of May, with the highest price reaching 152.62 and the lowest price hitting 146.56 during the day.
If you're considering investing in Herc Stock, it is important to understand the factors that can impact its price. We consider Herc Holdings very steady. Herc Holdings holds Efficiency (Sharpe) Ratio of 0.0236, which attests that the entity had a 0.0236% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Herc Holdings, which you can use to evaluate the volatility of the firm. Please check out Herc Holdings' Downside Deviation of 2.9, market risk adjusted performance of 0.0167, and Risk Adjusted Performance of 0.0145 to validate if the risk estimate we provide is consistent with the expected return of 0.0527%.
The current Total Stockholder Equity is estimated to decrease to about 1.2 B. The current Common Stock Shares Outstanding is estimated to decrease to about 27.3 M. As of now, Herc Holdings' Price Earnings To Growth Ratio is increasing as compared to previous years. The Herc Holdings' current Price To Operating Cash Flows Ratio is estimated to increase to 4.10, while Price To Free Cash Flows Ratio is projected to decrease to (11.42). Herc Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 1st of July 2016 | 200 Day MA 137.1149 | 50 Day MA 158.6328 | Beta 2.257 |
Herc |
Sharpe Ratio = 0.0236
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Estimated Market Risk
| 2.23 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.02 actual daily | 1 99% of assets perform better |
Based on monthly moving average Herc Holdings is performing at about 1% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Herc Holdings by adding it to a well-diversified portfolio.
Price Book 3.5166 | Enterprise Value Ebitda 6.2304 | Price Sales 1.364 | Shares Float 27.9 M | Dividend Share 2.563 |
Related Headline
Aarons Headline on 28th of March 2024
Disposition of 12701 shares by Russell Falkenstein of Aarons... by Russell Falkenstein
Filed transaction by The Aarons Officer: Evp, Coo, Lease-to-own. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
Herc Holdings Valuation on March 29, 2024
It is possible to determine the worth of Herc Holdings on a given historical date. On March 29, 2024 Herc was worth 170.24 at the beginning of the trading date compared to the closed value of 168.3. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Herc Holdings stock. Still, in general, we apply an absolute valuation method to find Herc Holdings' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Herc Holdings where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Herc Holdings' related companies.
| Open | High | Low | Close | Volume | |
| 169.26 | 170.43 | 167.03 | 170.00 | 188,171 | |
03/28/2024 | 170.24 | 171.00 | 167.51 | 168.30 | 213,481 |
| 169.00 | 169.00 | 165.11 | 166.47 | 173,512 |
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Herc Holdings Trading Date Momentum on March 29, 2024
| On April 01 2024 Herc Holdings was traded for 166.47 at the closing time. Highest Herc Holdings's price during the trading hours was 169.00 and the lowest price during the day was 165.11 . The net volume was 173.5 K. The overall trading history on the 1st of April contributed to the next trading period price depreciation. The trading delta at closing time to the next next day price was 1.09% . The trading delta at closing time to current price is 1.15% . |
Herc Holdings Fundamentals Correlations and Trends
By evaluating Herc Holdings' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Herc Holdings' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Herc financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Herc Holdings Stock history
Herc Holdings investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Herc is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Herc Holdings will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Herc Holdings stock prices may prove useful in developing a viable investing in Herc Holdings
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 28.7 M | 27.3 M | |
| Net Income Applicable To Common Shares | 379.4 M | 398.4 M |
Herc Holdings Stock Technical Analysis
Herc Holdings technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Herc Holdings Period Price Range
Low | March 28, 2024
| High |
170.24 | 168.30 |
Herc Holdings May 6, 2024 Market Strength
Market strength indicators help investors to evaluate how Herc Holdings stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Herc Holdings shares will generate the highest return on investment. By undertsting and applying Herc Holdings stock market strength indicators, traders can identify Herc Holdings entry and exit signals to maximize returns
| Accumulation Distribution | 4357.01 | |||
| Daily Balance Of Power | (0.56) | |||
| Rate Of Daily Change | 0.99 | |||
| Day Median Price | 169.26 | |||
| Day Typical Price | 168.94 | |||
| Price Action Indicator | (1.92) | |||
| Period Momentum Indicator | (18.30) |
Herc Holdings Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Herc Holdings' price direction in advance. Along with the technical and fundamental analysis of Herc Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Herc to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0145 | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0067 |
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Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Herc Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in Herc Stock please use our How to Invest in Herc Holdings guide.You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary Tools for Herc Stock analysis
When running Herc Holdings' price analysis, check to measure Herc Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Herc Holdings is operating at the current time. Most of Herc Holdings' value examination focuses on studying past and present price action to predict the probability of Herc Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Herc Holdings' price. Additionally, you may evaluate how the addition of Herc Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Herc Holdings' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Herc Holdings. If investors know Herc will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Herc Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.004 | Dividend Share 2.563 | Earnings Share 12.1 | Revenue Per Share 118.129 | Quarterly Revenue Growth 0.086 |
The market value of Herc Holdings is measured differently than its book value, which is the value of Herc that is recorded on the company's balance sheet. Investors also form their own opinion of Herc Holdings' value that differs from its market value or its book value, called intrinsic value, which is Herc Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Herc Holdings' market value can be influenced by many factors that don't directly affect Herc Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Herc Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Herc Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Herc Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.