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

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Hertz Global Holdings ( HTZ) pushed the Diversified Services industry lower today making it today's featured Diversified Services laggard. The industry as a whole closed the day down 0.3%. By the end of trading, Hertz Global Holdings fell $0.62 (-2.3%) to $26.76 on light volume. Throughout the day, 4,671,407 shares of Hertz Global Holdings exchanged hands as compared to its average daily volume of 7,108,000 shares. The stock ranged in price between $26.60-$27.70 after having opened the day at $27.53 as compared to the previous trading day's close of $27.38. Other companies within the Diversified Services industry that declined today were: DLH Holdings ( DLHC), down 9.0%, ATA ( ATAI), down 6.9%, JTH Holding Inc Class A ( TAX), down 6.6% and Education Management Corporation ( EDMC), down 6.2%.

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 $11.0 billion and is part of the services sector. Shares are up 69.0% year to date as of the close of trading on Tuesday. Currently there are 3 analysts that rate Hertz Global Holdings a buy, 1 analyst rates it a sell, and none rate it a hold.

TheStreet Ratings rates Hertz Global Holdings as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

On the positive front, Mastech Holdings ( MHH), up 23.4%, Onvia ( ONVI), up 10.4%, VirtualScopics ( VSCP), up 9.8% and CTPartners Executive Search ( CTP), up 8.3% , were all gainers within the diversified services industry with Total System Services ( TSS) being today's featured diversified services industry leader.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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