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"In the third quarter, we continued executing on our efforts to implement our transformation, focusing on our back-to-basics strategy to deliver sustainable, long-term returns for shareholders," said Gil West, Hertz CEO. "Our team's commitment to both our customers and our strategic objectives were evident throughout the summer. This dedication is reflective of our ongoing endeavors to improve operational performance and reposition the Company to achieve against its value proposition. There is still work to be done, but I am confident that the enhancements achieved over the course of this quarter demonstrate that we are on the right track." ESTERO, Fla., Nov. 12, 2024 /PRNewswire/ -- Hertz G

ESTERO, Fla., Nov. 4, 2024 /PRNewswire/ -- Hertz Global Holdings, Inc. (NASDAQ:HTZ) (the "Company") announced today that it plans to report its third quarter 2024 financial results at 8:00 a.m. ET on Tuesday, November 12, 2024, followed by an earnings call at 9:00 a.m. ET.A live webcast of the call will be available on the Investor Relations page of the Company's website at https://ir.hertz.com. To access the call by phone, please register through this link: Hertz Q3 2024 earnings teleco registration, and you will be provided with dial-in details. To avoid delays, we encourage participants to dial into the conference call fifteen minutes ahead of the scheduled start time. A web replay will r

ESTERO, Fla., Oct. 21, 2024 /PRNewswire/ --  What: Today, Hertz (NASDAQ:HTZ) announced that it is helping citizens in communities across the nation get to the polls with its Free Day on Election Day promotion. Customers will get one day free* when they reserve a car for at least two days and pick up October 21 through November 5 at participating Hertz neighborhood locations. Why: "Hertz has thousands of locations in communities across the country and we want to make it easier for people to exercise their right to vote by providing greater access to reliable transportation," sa

OKLAHOMA CITY, Oct. 1, 2024 /PRNewswire/ -- SandRidge Energy, Inc. (the "Company" or "SandRidge") (NYSE:SD) today announced changes to the Board and Management that will further position the Company to execute on its strategy. Vincent ("Vince") Intrieri has been appointed by the Board, by recommendation of the Nominating and Governance Committee, as Chairman effective October 1, 2024. Mr. Intrieri is the Founder and CEO of VDA Capital Management LLC, a private investment fund founded in 2017. Mr. Intrieri was previously employed by Carl C. Icahn-related entities in various inv

ESTERO, Fla., Sept. 19, 2024 /PRNewswire/ -- Hertz Global Holdings, Inc. (NASDAQ:HTZ) – one of the leading global car rental companies – today announced that Lauren Fritts will join the company as Senior Vice President and Chief Communications Officer, effective Sept. 30. In this role, Fritts will report to CEO Gil West and oversee Hertz's global communications functions, with a focus on strengthening the company's brand narrative and strategy, enhancing internal and external communications, driving impact communications, and leading corporate reputation. "Lauren will be a gre

ESTERO, Fla., Aug. 27, 2024 /PRNewswire/ -- Hertz Global Holdings, Inc. (NASDAQ:HTZ) – one of the leading global rental car companies – announced that its Board of Directors is increasing the size of the Board from nine to 11 and is electing Mr. Francis "Frank" Blake and Ms. Lucy Clark Dougherty to serve as directors, effective today. Blake is the retired chairman and CEO of The Home Depot, former non-executive chairman of Delta Air Lines, former deputy secretary for the U.S. Department of Energy, former general counsel for the U.S. Environmental Protection Agency and a longti

"We're moving quickly with a best-in-class leadership team, a strategy laser-focused on delivering sustainable returns and elevating our operational performance across the business," said Gil West, Hertz CEO. "During the second quarter, we bolstered our liquidity to expedite our cost and revenue improvement initiatives and accelerate our fleet refresh to provide vehicles aligned with customer needs. We are at an exciting inflection point in our path to generate greater value for our customers, employees and shareholders – and I am more confident than ever in our plan, our team and the road ahead." ESTERO, Fla., Aug. 1, 2024 /PRNewswire/ -- Hertz Global Holdings, Inc. (NASDAQ:HTZ) ("Hertz", "

ESTERO, Fla., July 8, 2024 /PRNewswire/ -- Hertz Global Holdings, Inc. (NASDAQ:HTZ) ("Hertz" or the "Company"), a leading global rental car company, today announced key appointments that will strengthen its leadership team and sharpen the Company's focus on driving enhanced profitability through operational excellence, superior customer service, strategic fleet management, cost control, and premium revenue. Sandeep Dube will join Hertz as Executive Vice President, Chief Commercial Officer on July 22, 2024, and Katherine Lee Martin, who currently serves as Hertz's Interim Gener

ESTERO, Fla., July 1, 2024 /PRNewswire/ -- Hertz Global Holdings, Inc. (NASDAQ:HTZ) (the "Company") announced today that it plans to report its second quarter 2024 financial results at 8:00 a.m. ET on Thursday, August 1, 2024, followed by an earnings call at 9:00 a.m. ET.A live webcast of the call will be available on the Investor Relations page of the Company's website at https://ir.hertz.com. To access the call by phone, please register through this link: Hertz Q2 2024 earnings teleco registration, and you will be provided with dial-in details. To avoid delays, we encourage participants to dial into the conference call fifteen minutes ahead of the scheduled start time. A web replay will re

Comprised of $750 Million of First Lien Senior Secured Notes and $250 Million of Exchangeable Senior Second-Lien Secured PIK Notes Issued by The Hertz Corporation ESTERO, Fla., June 21, 2024 /PRNewswire/ -- Hertz Global Holdings, Inc. (NASDAQ:HTZ) ("Hertz" or the "Company"), a leading global rental car company, today announced that its wholly-owned indirect subsidiary, The Hertz Corporation ("Hertz Corp."), has entered into agreements to sell $750 million (representing an upsize from the previously announced $500 million) aggregate principal amount of 12.625% First Lien Senior Secured Notes due 2029 (the "First Lien Notes") and $250 million aggregate principal amount of 8.000% Exchangeable S

6 analysts have expressed a variety of opinions on Hertz Global Holdings (NASDAQ:HTZ) over the past quarter, offering a diverse set of opinions from bullish to bearish. The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 0 2 2 2 Last 30D 0 0 1 0 0 1M Ago 0 0 0 0 1 2M Ago 0 0 0 1 0 3M Ago 0 0 1 1 1 Analysts have set 12-month price targets for Hertz Global Holdings, revealing an average target of $3.92, a high estimate of $6.00, and a low estimate of $2.50. Experiencing a 41.23% decline, the current

JP Morgan analyst Ryan Brinkman maintains Hertz Global Holdings (NASDAQ:HTZ) with a Neutral and lowers the price target from $7 to $6.

Rental car companies are not as energized as they used to be about electric vehicles (EVs), having found out that they are hard to resell at a decent price. In January, rental car giant Hertz Global Holdings, Inc. (NASDAQ:HTZ) scaled back plans to buy 100,000 EVs after seeing that their resale plummeted much faster than expected, the New York Times reported. A main reason why used EVs lose so much value is because Tesla, Inc. (NASDAQ:TSLA) lowered the prices on new models last year to boost sales, the New York Times reported. This has left many rental car outfits scrambling to resell EVs at deep discounts and apprehensive to start buying more of them. EV manufacturers have sold

Goldman Sachs analyst Lizzie Dove maintains Hertz Global Holdings (NASDAQ:HTZ) with a Sell and lowers the price target from $4 to $3.

U.S. stocks were mixed, with the Dow Jones index falling around 90 points on Friday. Shares of Macy’s, Inc. (NYSE:M) rose sharply during Friday's session. An investor group aiming to purchase Macy's has reportedly increased its bid for the second time after previous offers failed. Arkhouse Management and Brigade Capital Management recently raised their proposal by approximately $300 million, reported The Wall Street Journal. Macy’s shares jumped 10.4% to $19.79 on Friday. Here are some other big stocks recording gains in today’s session. Koss Corporation (NASDAQ:KOSS) shares gained 41.7% to $15.07, possibly on continued retail investor interest. NANO Nuclear Energy Inc. (N

Throughout the last three months, 6 analysts have evaluated Hertz Global Holdings (NASDAQ:HTZ), offering a diverse set of opinions from bullish to bearish. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 0 0 3 2 1 Last 30D 0 0 0 0 0 1M Ago 0 0 0 1 0 2M Ago 0 0 0 0 0 3M Ago 0 0 3 1 1 Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $4.92, a high estimate of $9.00, and a low estimate of $2.50. A 39.78% drop is eviden

Oppenheimer analyst Ian Zaffino maintains Hertz Global Holdings (NASDAQ:HTZ) from Perform to Perform.

Oil prices are experiencing their fourth consecutive week of gains, driven by seasonal demand and record-breaking U.S. travel for the Fourth of July holiday. Additionally, crude has faced supply issues related to geopolitical tensions in the Middle East and disruptions from hurricanes in the Caribbean. West Texas Intermediate (WTI) light crude prices, as tracked by the U.S. Oil Fund (NYSE:USO), soared above $84 a barrel on Tuesday, setting the stage to close at their highest level since April 16. Record Travel Expected For Independence Day Holiday The American Automobile Association (AAA) projects 70.9 million travelers will journey 50 miles or more during Independence Day week,

Shares of Kaival Brands Innovations Group, Inc. (NASDAQ:KAVL) fell sharply during Friday's session after the company announced pricing of $6.0 million public offering. Kaival Brands priced its 3,921,500 unit offering at $15.3 per unit. Kaival Brands Innovations Group shares dipped 47% to $1.52 on Friday. Here are some other stocks moving in today’s mid-day session. Gainers American Rebel Holdings, Inc. (NASDAQ:AREB) shares jumped 161% to $0.8048 after the company signed a Connecticut distribution agreement with Dichello Distributors. Sharecare, Inc. (NASDAQ:SHCR) jumped 74% to $1.35 after the company agreed to be acquired by Altaris affiliate for $1.43 per share in cash.

Wall Street is experiencing a subdued and low volatility trading day Friday, despite the session coinciding with the “triple witching” day, with over $5.1 trillion of notional options exposure expiring, surpassing the previous record set in December 2023. Chipmakers continue to struggle in the aftermath of Thursday’s sell-off, suggesting that while the wave of profit-taking is easing, there is little sign of new buyers stepping in at these levels. Nvidia Corp. is down 1.6%, poised to break an eight-week winning streak. The sector benchmark, the iShares Semiconductor ETF (NYSE:SOXX), is witnessing its worst two-day performance since May 1. The major indices and sectors remained flat,

"In the third quarter, we continued executing on our efforts to implement our transformation, focusing on our back-to-basics strategy to deliver sustainable, long-term returns for shareholders," said Gil West, Hertz CEO. "Our team's commitment to both our customers and our strategic objectives were evident throughout the summer. This dedication is reflective of our ongoing endeavors to improve operational performance and reposition the Company to achieve against its value proposition. There is still work to be done, but I am confident that the enhancements achieved over the course of this quarter demonstrate that we are on the right track." ESTERO, Fla., Nov. 12, 2024 /PRNewswire/ -- Hertz G

ESTERO, Fla., Nov. 4, 2024 /PRNewswire/ -- Hertz Global Holdings, Inc. (NASDAQ:HTZ) (the "Company") announced today that it plans to report its third quarter 2024 financial results at 8:00 a.m. ET on Tuesday, November 12, 2024, followed by an earnings call at 9:00 a.m. ET.A live webcast of the call will be available on the Investor Relations page of the Company's website at https://ir.hertz.com. To access the call by phone, please register through this link: Hertz Q3 2024 earnings teleco registration, and you will be provided with dial-in details. To avoid delays, we encourage participants to dial into the conference call fifteen minutes ahead of the scheduled start time. A web replay will r

"We're moving quickly with a best-in-class leadership team, a strategy laser-focused on delivering sustainable returns and elevating our operational performance across the business," said Gil West, Hertz CEO. "During the second quarter, we bolstered our liquidity to expedite our cost and revenue improvement initiatives and accelerate our fleet refresh to provide vehicles aligned with customer needs. We are at an exciting inflection point in our path to generate greater value for our customers, employees and shareholders – and I am more confident than ever in our plan, our team and the road ahead." ESTERO, Fla., Aug. 1, 2024 /PRNewswire/ -- Hertz Global Holdings, Inc. (NASDAQ:HTZ) ("Hertz", "

ESTERO, Fla., July 1, 2024 /PRNewswire/ -- Hertz Global Holdings, Inc. (NASDAQ:HTZ) (the "Company") announced today that it plans to report its second quarter 2024 financial results at 8:00 a.m. ET on Thursday, August 1, 2024, followed by an earnings call at 9:00 a.m. ET.A live webcast of the call will be available on the Investor Relations page of the Company's website at https://ir.hertz.com. To access the call by phone, please register through this link: Hertz Q2 2024 earnings teleco registration, and you will be provided with dial-in details. To avoid delays, we encourage participants to dial into the conference call fifteen minutes ahead of the scheduled start time. A web replay will re

"Fleet and direct operating costs weighed on this quarter's performance," said Gil West, Hertz chief executive officer. "We're tackling both issues - getting to the right supply of vehicles at an acceptable capital cost while at the same time driving productivity up and operating costs down. These, along with creating a superior customer experience, will be our focus as we position ourselves to take advantage of strong travel demand in this transition year. We've put the right strategy in place, and I see a clear path for Hertz to generate sustainable and higher earnings for our shareholders." ESTERO, Fla., April 25, 2024 /PRNewswire/ -- Hertz Global Holdings, Inc. (NASDAQ:HTZ) ("Hertz", "He

ESTERO, Fla., April 8, 2024 /PRNewswire/ -- Hertz Global Holdings, Inc. (NASDAQ:HTZ)  (the "Company") announced today that it plans to report its first quarter 2024 financial results at approximately 7:30 a.m. ET on Thursday, April 25, 2024 followed by an earnings call at 8:30 a.m. ET.A live webcast of the call will be available on the Investor Relations page of the Company's website at https://ir.hertz.com. To access the call by phone, please register through this link: Hertz Q1 2024 earnings teleco registration and you will be provided with dial in details. To avoid delays, we encourage participants to dial into the conference call fifteen minutes ahead of the scheduled start time. A web r

"Our business benefitted from solid demand and a stable rate environment in the fourth quarter," said Stephen Scherr, Hertz chair and chief executive officer. "Nevertheless, we continued to face headwinds related to our electric vehicle fleet and other costs throughout the quarter. We have taken steps to address those challenges and heading into 2024, we are confident that our planned reduction in EVs and cost base, along with the ongoing execution of our enhanced profitability plan, will enable us to regain our operational cadence and improve our financial performance with increasing effect into 2025." ESTERO, Fla., Feb. 6, 2024 /PRNewswire/ -- Hertz Global Holdings, Inc. (NASDAQ:HTZ) ("Her

ESTERO, Fla., Jan. 11, 2024 /PRNewswire/ -- Hertz Global Holdings, Inc. (NASDAQ:HTZ)  (the "Company") announced today that it plans to report its fourth quarter 2023 financial results at approximately 7:30 a.m. ET on Tuesday February 6, 2024 followed by an earnings call at 8:30 a.m. ET.A live webcast of the call will be available on the Investor Relations page of the Company's website at https://ir.hertz.com. To access the call by phone, please register through this link: Hertz Q4 2023 earnings call teleco registration and you will be provided with dial in details. To avoid delays, we encourage participants to dial into the conference call fifteen minutes ahead of the scheduled start time. A

ESTERO, Fla., Oct. 3, 2023 /PRNewswire/ -- Hertz Global Holdings, Inc. (NASDAQ:HTZ)  (the "Company") announced today that it plans to report its third quarter 2023 financial results at approximately 7:30 a.m. ET on Thursday, October 26, 2023 followed by an earnings call at 8:30 a.m. ET.A live webcast of the call will be available on the Investor Relations page of the Company's website at https://ir.hertz.com. To access the call by phone, please register through this link: Hertz Q3 2023 earnings teleco registration and you will be provided with dial in details. To avoid delays, we encourage participants to dial into the conference call fifteen minutes ahead of the scheduled start time. A web

"Results for the second quarter were strong, reflecting continued high demand for our services and elevated levels of fleet utilization," said Stephen Scherr, Chair and CEO of Hertz. "Our focus on asset returns continues to yield tangible results, enabling us to advance the growth of our rideshare business and the revitalization of the Dollar brand, in addition to facilitating ongoing investments in technology and electrification. Through the hard work and dedication of Hertz employees, we are positioned well to serve our customers through the busy summer season." ESTERO, Fla., July 27, 2023 /PRNewswire/ -- Hertz Global Holdings, Inc. (NASDAQ:HTZ) ("Hertz", "Hertz Global" or the "Company") t

JP Morgan downgraded Hertz Global from Neutral to Underweight

Barclays initiated coverage of Hertz Global with a rating of Underweight and set a new price target of $3.00

BofA Securities downgraded Hertz Global from Neutral to Underperform and set a new price target of $3.00 from $9.00 previously

Goldman downgraded Hertz Global from Neutral to Sell and set a new price target of $7.00 from $8.00 previously

BofA Securities initiated coverage of Hertz Global with a rating of Neutral and set a new price target of $9.00

Morgan Stanley downgraded Hertz Global from Overweight to Equal-Weight and set a new price target of $10.00 from $15.00 previously

JP Morgan downgraded Hertz Global from Overweight to Neutral and set a new price target of $11.00 from $17.00 previously

Deutsche Bank downgraded Hertz Global from Buy to Hold and set a new price target of $9.00 from $16.00 previously

Jefferies downgraded Hertz Global from Buy to Hold and set a new price target of $8.00 from $12.00 previously

Morgan Stanley upgraded Hertz Global from Equal-Weight to Overweight and set a new price target of $15.00 from $16.00 previously

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