This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

10 Transport Stocks With Upside

6. Hertz Global Holdings (HTZ - Get Report) is a general use car rental brand engaged in equipment rental businesses in the U.S. and Canada. The company operates in two business segments: Car rental, which it accepts at 8,100 locations in approximately 145 countries; and Equipment rental through 322 branches in the U.S., Canada, France, Spain, and China and through international licensing.

Earnings for 2010 fourth quarter, excluding non-cash debt and restructuring charges, were up 10 cents from the year-ago quarter of 6 cents. Revenue zoomed 5.5% to $1.84 billion. Heading into 2011, the company expects revenue in the range of $7.95-$8.1 billion and EBITDA of $1.27-$1.30 billion. Meanwhile, net income is seen in the range of $330-$355 million.

Renault recently signed a deal offering its electric vehicles to Hertz fleets and car-sharing club Connect across Europe. Hertz plans to add 500 units of the Renault range to its fleet over the next two years in Europe. The company recently forayed into Australia and New Zealand by acquiring New Zealand's Ace Rental Cars, the country's second-largest discount car rental company.

Of the 11 analysts covering the stock, 82% recommend a buy while 9% rate a hold. Analysts polled by Bloomberg expect the stock to gain 20.3% to $47.2 from current levels over the next 12 months.

5 of 10

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
STAN $21.29 -0.37%
CGI $27.06 0.00%
CVTI $33.15 0.00%
HTZ $21.19 0.00%
LSTR $64.49 0.00%

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs