Hertz Global Holdings Inc Stock Buy Recommendation Reiterated (HTZ)
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- The revenue growth came in higher than the industry average of 1.6%. Since the same quarter one year prior, revenues rose by 24.3%. Growth in the company's revenue appears to have helped boost the earnings per share.
- HERTZ GLOBAL HOLDINGS INC reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, HERTZ GLOBAL HOLDINGS INC increased its bottom line by earning $0.54 versus $0.38 in the prior year. This year, the market expects an improvement in earnings ($1.91 versus $0.54).
- The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Road & Rail industry. The net income increased by 131.9% when compared to the same quarter one year prior, rising from -$56.33 million to $18.00 million.
- Net operating cash flow has significantly increased by 51.13% to $743.60 million when compared to the same quarter last year. The firm also exceeded the industry average cash flow growth rate of 8.03%.
- 48.00% is the gross profit margin for HERTZ GLOBAL HOLDINGS INC which we consider to be strong. It has increased from the same quarter the previous year. Despite the strong results of the gross profit margin, HTZ's net profit margin of 0.73% significantly trails the industry average.
--Written by a member of TheStreet Ratings Staff. Exclusive Offer: Jim Cramer's 'go-to' small/mid-cap guru Bryan Ashenberg only buys stocks he thinks could return 50-100%. See his top picks for 14-days FREE.
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