Hertz Global Holdings Inc (HTZ) stock is up 80% so far Friday, trading at $2.71. HTZ stock is up big today, despite the HTZ’s most recent news being that they filed for bankruptcy. Some of the gains may be justified on paper, despite HTZ declaring bankruptcy, because HTZ stock currently has a .14 price-to-book ratio. This score implies that the stock is trading undervalued compared to its book value.
Hertz Global Holdings Inc (HTZ) stock is lower by -81.20% over the last 12 months, and the average rating from Wall Street analysts is a Strong Sell. InvestorsObserver’s proprietary scoring system, gives HTZ stock a score of 39 out of a possible 100.
That score is influenced by a long-term technical score of 0. HTZ’s score also includes a short-term technical score of 17. The fundamental score for HTZ is 100. In addition to the average rating from Wall Street analysts, HTZ stock has a mean target price of 3.25. This means analysts expect the stock to climb 23.11% over the next 12 months.
What’s Happening with HTZ Stock Today
Hertz Global Holdings Inc (HTZ) stock has risen 82.07% while the S&P 500 has risen 2.79% as of 2:54 PM on Friday, Jun 5. HTZ has risen $1.19 from the previous closing price of $1.45 on volume of 303,278,880 shares. Over the past year the S&P 500 has gained 12.51% while HTZ is lower by -81.20%. HTZ lost -$1.75 per share in the over the last 12 months.
