Herc (HRI) Projected to Post Earnings on Tuesday

Herc (NYSE:HRI) is expected to release its Q2 2025 earnings data before the market opens on Tuesday, July 22nd. Analysts expect Herc to post earnings of $3.11 per share and revenue of $868.23 million for the quarter.

Herc (NYSE:HRI) last released its quarterly earnings data on Tuesday, April 22nd. The transportation company reported $1.30 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.51 by ($1.21). The firm had revenue of $861.00 million for the quarter, compared to the consensus estimate of $841.67 million. Herc had a net margin of 3.53% and a return on equity of 24.10%. During the same quarter in the prior year, the firm posted $2.36 earnings per share. On average, analysts expect Herc to post $13 EPS for the current fiscal year and $15 EPS for the next fiscal year.

Herc Stock Performance

HRI opened at $136.28 on Tuesday. The stock has a market cap of $3.88 billion, a PE ratio of 30.35, a P/E/G ratio of 1.86 and a beta of 1.86. The company has a current ratio of 1.50, a quick ratio of 1.50 and a debt-to-equity ratio of 3.04. Herc has a 1 year low of $96.19 and a 1 year high of $246.88. The stock’s 50 day simple moving average is $127.80 and its 200-day simple moving average is $146.34.

Herc Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 13th. Stockholders of record on Friday, May 30th were given a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a dividend yield of 2.05%. The ex-dividend date was Friday, May 30th. Herc’s dividend payout ratio is presently 62.36%.

Hedge Funds Weigh In On Herc

An institutional investor recently raised its position in Herc stock. Goldman Sachs Group Inc. increased its position in shares of Herc Holdings Inc. (NYSE:HRI) by 25.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 263,180 shares of the transportation company’s stock after acquiring an additional 53,054 shares during the quarter. Goldman Sachs Group Inc. owned about 0.92% of Herc worth $35,337,000 at the end of the most recent quarter. 93.11% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

HRI has been the topic of a number of research reports. Citigroup restated a “buy” rating and set a $140.00 price objective (up from $130.00) on shares of Herc in a research report on Tuesday, June 24th. The Goldman Sachs Group reiterated a “buy” rating and issued a $146.00 price target (down from $171.00) on shares of Herc in a research report on Tuesday, April 22nd. Robert W. Baird lowered their price target on Herc from $129.00 to $110.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 23rd. JPMorgan Chase & Co. lowered their price target on Herc from $225.00 to $140.00 and set a “neutral” rating on the stock in a research report on Monday, April 14th. Finally, Barclays lowered their price target on Herc from $250.00 to $160.00 and set an “overweight” rating on the stock in a research report on Thursday, April 24th. Two investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $139.20.

Herc Company Profile

Herc Holdings Inc, together with its subsidiaries, operates as an equipment rental supplier. It rents aerial, earthmoving, material handling, trucks and trailers, air compressors, compaction, and lighting equipment, as well as generators, and safety supplies and expendables; and provides ProSolutions, an industry specific solution based services, such as pumping solutions, power generation, climate control, remediation and restoration, and studio and production equipment.