Hertz Global Holdings Inc (HTZ): Today's Featured Diversified Services Loser

Hertz Global Holdings ( HTZ) pushed the Diversified Services industry lower today making it today's featured Diversified Services loser. The industry as a whole closed the day up 0.7%. By the end of trading, Hertz Global Holdings fell 15 cents (-1.1%) to $13.09 on heavy volume. Throughout the day, 7.1 million shares of Hertz Global Holdings exchanged hands as compared to its average daily volume of 4.5 million shares. The stock ranged in price between $12.54-$13.19 after having opened the day at $13.01 as compared to the previous trading day's close of $13.24. Other company's within the Diversified Services industry that declined today were: Genetic Technologies ( GENE), down 11.3%, China Yida ( CNYD), down 10.8%, Cenveo ( CVO), down 9.3%, and VirtualScopics ( VSCP), down 5.8%.

Hertz Global Holdings, Inc., through its subsidiaries, engages in the car and equipment rental businesses worldwide. The company operates in two segments, Car Rental and Equipment Rental. Hertz Global Holdings has a market cap of $5.49 billion and is part of the services sector. The company has a P/E ratio of 22.2, below the average diversified services industry P/E ratio of 22.9 and above the S&P 500 P/E ratio of 17.7. Shares are up 13% year to date as of the close of trading on Tuesday. Currently there are four analysts that rate Hertz Global Holdings a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Hertz Global Holdings as a hold. The company's strengths can be seen in multiple areas, such as its impressive record of earnings per share growth, compelling growth in net income and revenue growth. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself and generally poor debt management.

On the positive front, School Specialty ( SCHS), up 23.5%, CD International ( CDII), up 11.5%, Corinthian Colleges ( COCO), up 10.5%, and Learning Tree International ( LTRE), up 10.3%, were all gainers within the diversified services industry with MasterCard Incorporated ( MA) being today's featured diversified services industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the diversified services industry could consider iShares Dow Jones US Cons Services ( IYC) while those bearish on the diversified services industry could consider ProShares Ultra Short Consumer Sers ( SCC).

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