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Herc Holdings Inc   (NYSE: HRI)
Other Ticker:  
 
    Sector  Services    Industry Rental & Leasing
   Industry Rental & Leasing
   Sector  Services
 
Price: $140.8100 $-2.22 -1.552%
Day's High: $144.5 Week Perf: 4.27 %
Day's Low: $ 138.08 30 Day Perf: -4.73 %
Volume (M): 434 52 Wk High: $ 246.88
Volume (M$): $ 61,168 52 Wk Avg: $165.71
Open: $142.82 52 Wk Low: $119.60



 Market Capitalization (Millions $) 4,015
 Shares Outstanding (Millions) 29
 Employees 5,000
 Revenues (TTM) (Millions $) 3,568
 Net Income (TTM) (Millions $) 211
 Cash Flow (TTM) (Millions $) 12
 Capital Exp. (TTM) (Millions $) 1,209

Herc Holdings Inc
Herc Holdings Inc. is an equipment rental company based in Bonita Springs, Florida. It was originally founded in 1965 as a division of Hertz, but became an independent company in 2016 when it was spun off from Hertz Global Holdings, Inc. The company's primary focus is on renting out construction and industrial equipment, as well as other tools and equipment used in various commercial and industrial applications.

Herc Holdings has a diverse portfolio of equipment offerings, ranging from small hand tools to heavy machinery such as bulldozers, cranes, and earthmoving equipment. The company has over 270 locations across North America, and also operates in Europe, the Middle East, Africa, and Asia Pacific.

The company has a strong customer base, serving a variety of industries including construction, oil and gas, government, healthcare, and entertainment. Herc Holdings offers its customers flexible rental options, including short-term, long-term, and rent-to-own agreements, and also provides maintenance and repair services for its equipment.

In addition to its equipment rental business, Herc Holdings has also developed a range of software and internet-based tools to help customers manage their rental equipment more efficiently. This includes online portals for ordering equipment, tracking usage, and managing maintenance schedules. The company also offers digital tools for estimating project costs and creating custom rental packages.

Herc Holdings is dedicated to sustainability and has implemented a number of initiatives to reduce its environmental impact. This includes investing in more fuel-efficient equipment, using biodiesel fuel in its operations, and recycling materials such as metal and oil. The company also supports various charitable and community organizations, including Habitat for Humanity and the Wounded Warrior Project.

Overall, Herc Holdings is an innovative and customer-focused company with a strong reputation for quality equipment and service. Its extensive rental offerings and commitment to sustainability make it a valuable partner for businesses of all sizes and in a variety of industries.


   Company Address: 27500 Riverview Center Blvd. Bonita Springs 34134 FL
   Company Phone Number: 301-1000   Stock Exchange / Ticker: NYSE HRI


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
CTOS   -1.25%    
HEES        0.62% 
MGRC        1.57% 
URI        1.73% 
AHT        0.41% 
ALTG   -8.26%    
• View Complete Report
   



Herc Holdings Inc

Herc Holdings Inc. Sees Steady Growth Amid Q3 2024 Earnings Release

Herc Holdings Inc: Navigating Mixed Results Amidst Promising Growth and Sustainability CommitmentsAs I sift through the recently released financial results from Herc Holdings Inc. for the third quarter of 2024, I find myself grappling with the dual narrative presented by the company. On one hand, we've witnessed commendable growth in revenue and earnings per share, while on the other hand, the rental and leasing company seems to be lagging behind its contemporaries within the sector. Herc Holdings reported a 6.3% increase in revenue, reaching $965 million, up from $908 million year-over-year. This performance reflects an underlying strength across various business segments: equipment rental grew by 13.2%, delivery and pick-up services rose by 11.54%, and service revenues increased by 12.5%. The company's earnings per share surged by 8.1% to $4.28 compared to $3.96 in the previous year. However, the context of this growth cannot be ignored; the broader rental and leasing sector has reportedly averaged a remarkable 19.65% growth during the same quarter. With such robust competition, Herc's inability to keep pace raises several questions about its market positioning and strategic direction.The presence of significant declines in specific areas also warrants attention. While Herc enjoys prosperity in segments like parts and service sales, it's alarming to note a staggering 60% drop in sales of new equipment. These losses have undoubtedly tilted Herc's operating margin downwards to 33.99% from 36.45% in the prior year, even as overall net margins improved marginally to 12.64%. This contradiction begs scrutiny, especially as operating earnings slid 0.91% to $328 million.

Business Update

Herc Holdings Inc., the parent company of Herc Rentals, has unveiled its 2024 Corporate Citizenship Report,...

Published Mon, Aug 12 2024 1:50 PM UTC

Herc Rentals Releases 2024 Corporate Citizenship Report, Emphasizing Commitment to Sustainability and Governance Herc Holdings Inc., the parent company of Herc Rentals, has unveiled its 2024 Corporate Citizenship Report, which details the company s advancements in sustainability, social responsibility, and governance initiatives. Based in Bonita Springs, Florida, Herc Rental...

Dividend

Herc Holdings Inc. Declares Quarterly Dividend, Reinforcing Commitment to Shareholders

Published Sun, Aug 11 2024 5:42 PM UTC


Herc Holdings Inc., a leading equipment rental supplier in North America, has announced that its Board of Directors has declared a quarterly dividend of $0.665 per share. Shareholders of record as of August 23, 2024, will receive the dividend on September 6, 2024. This move demonstrates Herc Holdings continued dedication to rewarding its shareholders.
The dividend ...

Dividend

Herc Holdings Inc. Declares $0.665 Quarterly Dividend, Signaling Strong Commitment to Shareholder Value amid Industry Growth,

Published Fri, Aug 9 2024 1:57 PM UTC


February 14, 2024 - Bonita Springs, Fla. Herc Holdings Inc. (NYSE: HRI), a prominent name in North America s equipment rental sector, has recently announced a significant move to reward its investors. The company?s Board of Directors has declared a quarterly dividend of $0.665 per share, which is set to be paid out on September 6, 2024, to shareholders on record as of...

Herc Holdings Inc

Herc Holdings Inc. Reports 2.03% Growth in Revenue for Recent Fiscal Period

Herc Holdings Inc., a leading equipment rental company, experienced a slight decrease in its stock price during April. The stock went down by -4.91% over the course of the month, resulting in the share price also declining by -4.91% during the second quarter of 2024. However, it is important to note that despite the decrease, Herc Holdings Inc. stock is still trending higher and is just 7.4% below its 52-week high.
One significant factor contributing to the company's performance is its revenue growth. In the first quarter of 2024, Herc Holdings Inc. published a moderate revenue rise of 2.03% to $804.00 million compared to the same period in the previous year. Additionally, the company's income grew modestly by 0.44% to $2.29. This indicates that Herc Holdings Inc. is successfully increasing its revenue and maintaining a steady income.







Herc Holdings Inc's Segments
Equipment rental    89.74 % of total Revenue
Delivery and pick-up    6.01 % of total Revenue
Other    3.21 % of total Revenue
Other rental    9.22 % of total Revenue
Sales of rental equipment    8.39 % of total Revenue
Sales of new equipment parts and supplies    0.93 % of total Revenue
Service and other revenue    0.93 % of total Revenue
Sales of new equipment    0.21 % of total Revenue
Sales of parts and supplies    0.73 % of total Revenue
Sales of rental equipment new equipment parts and supplies    9.33 % of total Revenue

  Herc Holdings Inc Outlook

On October 22 2024 the Herc Holdings Inc provided following guidance

nnHerc Holdings Inc. Releases Financial Results for Nine Months of 2024 and Provides Updated Full-Year Guidancenn

nnBONITA SPRINGS, Fla.nn ? Herc Holdings Inc. (NYSE: HRI) (Herc Holdings or he Company) has announced its financial results for the period ending September 30, 2024. In a statement, Larry Silber, the Company's president and CEO, expressed optimism, noting that Herc Holdings has significantly outperformed the overall industry growth in the third quarter, both in terms of total rental revenue and organic revenue growth.

Silber highlighted the Company?s strategy of leveraging its extensive coverage across various end markets, a diversified range of products and services, and an ex...





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