Simply Wall St has lowered its fair value estimate for Hertz Global Holdings from $2.78 to $2.30 per share, a reduction of about 16%. The revision reflects updated model inputs including revenue growth of about 4.39%, net profit margin of around 0.84%, and a future price-to-earnings multiple of about 16.74 times, while the discount rate remains effectively unchanged at 12.54%. Analyst price targets are mixed, with Barclays cutting to $1 and keeping an Underweight rating, Morgan Stanley reducing to $3.50, and Deutsche Bank raising to $2.80 with a Hold rating. Bearish analysts cite higher depreciation per unit and liquidity concerns, while bullish views point to two consecutive quarters of positive revenue per day.
Hertz Global Holdings IncFair value estimate cut by 16% and bearish analyst views on depreciation and liquidity.
