Alacra Pulse Banner

Hertz Global Holdings, Inc. (HTZ)

Search Street Pulse:
 
 
Follow Alacra Pulse on Twitter
Latest Analyst Comments on Hertz Global Holdings, Inc. (HTZ)
 

Hertz Global (HTZ) NewsBite - HTZ Upgraded By MKM Partners (MarketIntelligenceCenter) - Jan 27, 2010

Hertz Global (HTZ) NewsBite , HTZ Upgraded By MKM Partners Posted: Hertz Global (HTZ) was upgraded today by analysts at MKM Partners and the stock is now at $1074, unchanged (0%) on volume of 2,819,541 shares traded 
 
Share:  <span class="company">Hertz Global</span> (HTZ) NewsBite , HTZ Upgraded By <span class="analyst">MKM Partners</span> Posted: <span class="company">Hertz Global</span> (HTZ) was upgraded today by analysts at <span class="analyst">MKM Partners</span> and the stock is now at $1074, unchanged (0%) on volume of 2,819,541 shares traded Tweet this 

Hertz Global upgraded to "buy" (Newratings.com) - Jan 27, 2010

, Analysts at MKM Partners upgrade Hertz Global (HTZ) from "neutral" to "buy" 
 
Share:  , Analysts at <span class="analyst">MKM Partners</span> upgrade <span class="company">Hertz Global</span> (HTZ) from "neutral" to "buy" Tweet this 

HTZ Well Positioned For A Rebound In Travel Volumes (Benzinga) - Jan 13, 2010

Analyst Christopher Agnew of MKM Partners maintains his "neutral" rating on Hertz Global Holdings Inc (NYSE: HTZ).  
Chris Agnew
Chris Agnew
Quotability Index: the stars indicate how frequently this analyst is quoted in the Street Pulse sources. Five stars represent the top quintile, four stars the next and so forth.  
Share:  Analyst <span class="analyst">Christopher Agnew</span> of MKM Partners maintains his "neutral" rating on Hertz Global Holdings Inc (NYSE: HTZ). Tweet this 

Exclusive: Hertz CEO on Consumer Demand, New Technology (The Glick Report) - Oct 30, 2009

This morning on The Opening Bell I spoke exclusively with Mark Frissora, Hertz's (HTZ) Chairman & CEO. My last interview with him was at the end of June. At that time the company had just raised estimates and guidance. 
Alexis Glick
Alexis Glick
   
Share:  This morning on The Opening Bell I spoke exclusively with Mark Frissora, Hertz's (<span class="company">HTZ</span>) Chairman & CEO. My last interview with him was at the end of June. Tweet this 

S&P revises Hertz outlook to positive from negative (Reuters) - Oct 27, 2009

S&P affirmed its 'B' corporate credit rating and other related ratings on Hertz Global Holdings Inc and subsidiary Hertz Corp, the credit rating agency said in a statement. "We are likely to raise the ratings on Hertz within the year if the company successfully addresses its remaining 2010 debt maturities, or if its profitability improves such that the adjusted operating margin approaches the 10 percent area," said Standard & Poor's credit analyst Lisa Jenkins, quoted in the statement. "Although considered less likely, we could revise the outlook to negative or lower the ratings if the company cannot refinance its 2010 remaining maturities and the expected improvement in profitability does not occur," Jenkins said. The company still has about $1.5 billion of non U.S debt to refinance over the coming year, S&P said. 
Lisa Jenkins
Lisa Jenkins
Quotability Index: the stars indicate how frequently this analyst is quoted in the Street Pulse sources. Five stars represent the top quintile, four stars the next and so forth.  
Share:  "We are likely to raise the ratings on <span class="company">Hertz</span> within the year if the company successfully addresses its remaining 2010 debt maturities, or if its profitability improves such that the adjusted operating margin approaches the 10 percent area," said Standard & Poor's credit analyst <span class="analyst">Lisa Jenkins</span>, quoted in the statement. Tweet this 

“Bankruptcy?” Ouch!!! We Touched a Sore Spot (Research Recap) - Oct 15, 2009

In one case, Hertz Global Holdings, Inc (HTZ) filed action against us. In another case, CBS Corporation (CBS) publicly declared that our Bankruptcy Risk report was based on "flawed pseudo analysis". Both CBS and Hertz complained that we had ignored numerous qualitative issues including analysts' opinions. 
Angus Robertson
Angus Robertson
Quotability Index: the stars indicate how frequently this analyst is quoted in the Street Pulse sources. Five stars represent the top quintile, four stars the next and so forth.  
Share:  In one case, Hertz Global Holdings, Inc (<span class="company">HTZ</span>) filed action against us. In another case, CBS Corporation (CBS) publicly declared that our Bankruptcy Risk report was based on "flawed pseudo analysis". Tweet this 

I hope both Hertz and CBS will be satisfied with the qualitative opinion I have provided to complement Audit Integrity's quantitative analysis. Please note, "This essay reflects the opinion of the author and not necessarily the opinion of Audit Integrity, Inc." [Editor's notes: Hertz contends Audit Integrity's work went beyond fair opinion and included false accusations made with "a reckless disregard for the truth," Crain's New York Business reports . Gimme Credit's Shelly Lombard says "Their ability to pay down some debt and get 2010 debt pushed out has removed the bulk of the bankruptcy risk." In its analysis of Audit Integrity's report, Business Insider ranked Hertz as the most likely of the largest cap companies to face bankruptcy. 
Shelly Lombard
Shelly Lombard
Quotability Index: the stars indicate how frequently this analyst is quoted in the Street Pulse sources. Five stars represent the top quintile, four stars the next and so forth.  
Share:  Gimme Credit's <span class="analyst">Shelly Lombard</span> says "Their ability to pay down some debt and get 2010 debt pushed out has removed the bulk of the bankruptcy risk." Tweet this 

Analyst's audacity floors firms (Crain's New York Business) - Oct 11, 2009

Hertz's stock price sank from about $10 a share in to as low as $1.55 last November. It languished through the spring, amid concerns about whether Hertz could refinance a $4 billion debt coming due at a time when the credit markets weren't functioning. But the company was able to refinance $2.1 billion in debt last month, after having raised more than $1 billion in new equity and convertible debt, easing the pressure. Its stock has rebounded, returning to about $10 a share last week. "Their ability to pay down some debt and get 2010 debt pushed out has removed the bulk of the bankruptcy risk," says Shelly Lombard, an analyst at independent research firm Gimme Credit.  
Shelly Lombard
Shelly Lombard
Quotability Index: the stars indicate how frequently this analyst is quoted in the Street Pulse sources. Five stars represent the top quintile, four stars the next and so forth.  
Share:  "Their ability to pay down some debt and get 2010 debt pushed out has removed the bulk of the bankruptcy risk," says <span class="analyst">Shelly Lombard</span>, an analyst at independent research firm Gimme Credit. Tweet this 

Hertz Rises After CNBC's Cramer Recommends Buying Stk (Wall Street Journal) - Oct 09, 2009

As a registered user of The Wall Street Journal Online, you will be able to: Setup and manage your portfolio Personalize your own news page Receive and manage newsletters .NEW YORK (Dow Jones) Shares of Hertz Global Holdings Inc (HTZ) jumped as much as 8.2% Friday after CNBC stock picker Jim Cramer recommended the company as his favorite car rental company on his show Thursday night.  
Jim Cramer
Jim Cramer
Quotability Index: the stars indicate how frequently this analyst is quoted in the Street Pulse sources. Five stars represent the top quintile, four stars the next and so forth.  
Share:  YORK (Dow Jones) Shares of Hertz Global Holdings Inc (<span class="company">HTZ</span>) jumped as much as 8.2% Friday after CNBC stock picker <span class="analyst">Jim Cramer</span> recommended the company as his favorite car rental company on his show Thursday night. Tweet this 

Hertz Shrs Climb After CNBC's Cramer Recommends Investors Buy Stk (Wall Street Journal) - Oct 09, 2009

As a registered user of The Wall Street Journal Online, you will be able to: Setup and manage your portfolio Personalize your own news page Receive and manage newsletters .NEW YORK (Dow Jones) Shares of Hertz Global Holdings Inc (HTZ) jumped as much as 8.2% Friday after CNBC stock picker Jim Cramer recommended the company as his favorite car rental company on his show Thursday night.  
Jim Cramer
Jim Cramer
Quotability Index: the stars indicate how frequently this analyst is quoted in the Street Pulse sources. Five stars represent the top quintile, four stars the next and so forth.  
Share:  YORK (Dow Jones) Shares of Hertz Global Holdings Inc (<span class="company">HTZ</span>) jumped as much as 8.2% Friday after CNBC stock picker <span class="analyst">Jim Cramer</span> recommended the company as his favorite car rental company on his show Thursday night. Tweet this 

Hertz (HTZ) After Admitting To Severe Financial Risks, Sues Audit Integrity Over Rating (24/7 Wall St) - Sep 28, 2009

" Hertz Global Holdings 10 K . The list of risk factors in the Hertz (HTZ) 10 K is nearly a mile long. A great deal of them deal with the company's debt and questions about whether it can make timely payments.  
 
Share:  " <span class="company">Hertz Global Holding</span>s 10 K . The list of risk factors in the Hertz (HTZ) 10 K is nearly a mile long. A great deal of them deal with the company's debt and questions about whether it can make timely payments. Tweet this 

Hertz: We're Not Going Broke! (Clusterstock) - Sep 24, 2009

Car rental company Hertz (HTZ) strongly objected to being included on our list of 10 major companies heading towards bankruptcy. . Here's the full statement from Richard Broome at Hertz Corporate Affairs: . Recently, there's been a published Audit Integrity report which claims Hertz could go bankrupt or suffer severe financial distress. 
Joe Weisenthal
Joe Weisenthal
Quotability Index: the stars indicate how frequently this analyst is quoted in the Street Pulse sources. Five stars represent the top quintile, four stars the next and so forth.  
Share:  Car rental company Hertz (<span class="company">HTZ</span>) strongly objected to being included on our list of 10 major companies heading towards bankruptcy. Tweet this 

Hertz testing photo system to record damages (NJ.com: Business) - Aug 19, 2009

It uses the company's software for a program that allows customers to rent a vehicle for three days before buying it. Hertz purchased Paris based Eileo SA, a maker of technology used in arranging hourly rentals, in April. The company has also increased the use of self serve kiosks to rent and return vehicles, the CEO said. The company's technology investments "are worth it for the returns," Betsy Snyder, a fixed income analyst with Standard & Poor's in New York, said in a telephone interview. "It's the cost of doing business." 
Betsy Snyder
Betsy Snyder
Quotability Index: the stars indicate how frequently this analyst is quoted in the Street Pulse sources. Five stars represent the top quintile, four stars the next and so forth.  
Share:  The company's technology investments "are worth it for the returns," <span class="analyst">Betsy Snyder</span>, a fixed income analyst with Standard & Poor's in New York, said in a telephone interview. Tweet this 

Hertz to photograph car damage (Charlotte Observer: Business) - Aug 19, 2009

It uses the company's software for a program that allows customers to rent a vehicle for three days before buying it. Hertz purchased Paris based Eileo SA, a maker of technology used in arranging hourly rentals, in April. The company has also increased the use of self serve kiosks to rent and return vehicles, the CEO said. The company's technology investments "are worth it for the returns," Betsy Snyder, a fixed income analyst with Standard & Poor's in New York, said in a telephone interview. "It's the cost of doing business." 
Betsy Snyder
Betsy Snyder
Quotability Index: the stars indicate how frequently this analyst is quoted in the Street Pulse sources. Five stars represent the top quintile, four stars the next and so forth.  
Share:  The company's technology investments "are worth it for the returns," <span class="analyst">Betsy Snyder</span>, a fixed income analyst with Standard & Poor's in New York, said in a telephone interview. Tweet this 

Why Hertz, Avis Are Breaking Down (Minyanville) - Aug 05, 2009

Car Rental Companies Ready to Break Down?. Has anyone noticed how the car rental companies, Hertz ( HTZ ), Avis (CAR), and Dollar Thrifty ( DTG ) have gone parabolic over the past few months? I didn't, until Minyan "Bark" brought it to my attention. Now I'm itching to establish a short position in one of these names. 
 
Share:  Car Rental Companies Ready to Break Down?. Has anyone noticed how the car rental companies, Hertz ( <span class="company">HTZ</span> ), Avis (CAR), and Dollar Thrifty ( DTG ) have gone parabolic over the past few months? Tweet this 

Increasing demand for rental cars lifts Hertz' sales and stock (Daily Finance) - Jun 25, 2009

This seems to be the case with Hertz Global Holdings Inc ( ). The car rental company issued this morning, for the first time in eight months. Not only was the guidance well above Wall Street estimates, but the company even said it has been adding to its car fleet as it's seeing higher demand in the last few weeks. 
Melly Alazraki
Melly Alazraki
Quotability Index: the stars indicate how frequently this analyst is quoted in the Street Pulse sources. Five stars represent the top quintile, four stars the next and so forth.  
Share:  This seems to be the case with <span class="company">Hertz Global Holdings Inc</span> ( ). The car rental company issued this morning, for the first time in eight months. Tweet this 

Hertz Up 8% On Upbeat Outlook (Daily Markets) - Jun 25, 2009

Hertz Up 8% On Upbeat Outlook By on , 2009 | | Hertz Global Holdings Inc ( HTZ ) boosted its second quarter and full year outlook, sending shares higher by about 8% so far today. The car rental company expects full year adjusted earnings of 12 cents to 15 cents per share on global sales of $6.7 billion to $7.0 billion. Wall Street analysts currently expect Hertz to post a loss of 29 cents per share for the year, which has worsened by a penny over the past month. 
Bill Cara
Bill Cara
Quotability Index: the stars indicate how frequently this analyst is quoted in the Street Pulse sources. Five stars represent the top quintile, four stars the next and so forth.  
Share:  Hertz Up 8% On Upbeat Outlook By on , 2009 | | Hertz Global Holdings Inc ( <span class="company">HTZ</span> ) boosted its second quarter and full year outlook, sending shares higher by about 8% so far today. Tweet this 

Rare Sign of Hope in the Auto Market (The Glick Report) - Jun 25, 2009

This morning, Hertz CEO & Chairman Mark Frissora joined me immediately following a press release from the company announcing guidance for Q2 and the full year. Hertz had suspended guidance because of the weakness in business due to the collapse of the economy. Today, the company came back to the Street with surprisingly good news — on the heels of an article in The New York Times that reported the average rate for a compact car booked 7 days in advance was up 73% from the same month a year ago. 
Alexis Glick
Alexis Glick
   
Share:  This morning, <span class="company">Hertz</span> CEO & Chairman Mark Frissora joined me immediately following a press release from the company announcing guidance for Q2 and the full year. Tweet this 

Baker Hughes, Hertz, JM Smucker, Oracle: US Equity Preview (Bloomberg) - Jun 18, 2009

Coca Cola Femsa SAB (KOF US): Latin America's largest soft drink producer was upgraded to "hold" from "sell" by Deutsche Bank AG, which cited the stock's underperformance as well as "a reduction in country risk" in Argentina and Venezuela. Hertz Global Holdings Inc (HTZ US): The second largest U.S rental car company was raised to "outperform" from "market perform" by analyst Richard Kwas at Wachovia Capital Markets LLC. J.M. Smucker Co (SJM US): The maker of Crisco shortening posted fourth quarter earnings excluding some items of $1.02, beating the average analyst estimate by 65 percent. 
Richard Kwas
Richard Kwas
   
Share:  <span class="company">Hertz Global Holdings Inc</span> (HTZ US): The second largest U.S rental car company was raised to "outperform" from "market perform" by analyst <span class="analyst">Richard Kwas</span> at Wachovia Capital Markets LLC. Tweet this 

State Of Search: Google Will Stay Strong Despite Bing & Yahoo (Search Engine Land) - May 28, 2009

Hertz is the market leader ("We're Number One!"). Avis is second to Hertz (We Try Harder!). I typically rent with Hertz, sometimes even if it's a bit more expensive.  
 
Share:  <span class="company">Hertz</span> is the market leader ("We're Number One!"). Avis is second to <span class="company">Hertz</span> (We Try Harder!). I typically rent with <span class="company">Hertz</span>, sometimes even if it's a bit more expensive. Tweet this 

Analyst Comment Ticker
 
Key:
  • Sell-side Sell-side
  • Blog Blog
  • Credit Analyst Credit
  • Industry Analyst Industry

Copyright © 2010 Alacra, Inc., 100 Broadway, Suite 1100, New York, NY 10005. All rights reserved.

Reproduction in whole or in part in any form or medium without express written permission is prohibited.