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Why Hertz Global Holdings (HTZ) Stock Might be a Great Pick?

Zacks Equity Research
Updated

One stock that might be an intriguing choice for investors right now is Hertz Global Holdings, Inc. HTZ. This is because this security in the Transportation-Services space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.

This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Transportation-Services space as it currently has a Zacks Industry Rank of 51 out of more than 250 industries, suggesting it is well-positioned from this perspective, especially when compared to other segments out there.

Meanwhile, Hertz Global is actually looking pretty good on its own too. The firm has seen solid earnings estimate revision activity over the past month, suggesting analysts are becoming a bit more bullish on the firm’s prospects in both the short and long term.

Hertz Global Holdings, Inc Price and Consensus

Hertz Global Holdings, Inc Price and Consensus | Hertz Global Holdings, Inc Quote

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In fact, over the past month, current quarter estimates have risen from $1.30 per share to $1.41 per share, while current year estimates have narrowed from a loss of $1.48 per share to $1.16 per share. The company currently carries a Zacks Rank #3 (Hold), which is also a favorable signal.You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

So, if you are looking for a decent pick in a strong industry, consider Hertz Global. Not only is its industry currently in the top third, but it is seeing solid estimate revisions as of late, suggesting it could be a very interesting choice for investors seeking a name in this great industry segment.

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Cybersecurity stocks spiked on recent news of a data breach affecting 143 million Americans. But which stocks are the best buy candidates right now? And what does the future hold for the cybersecurity industry?

Equifax is just the most recent victim. Computer hacking and identity theft are more common than ever. Zacks has just released Cybersecurity! An Investor’s Guide to inform Zacks.com readers about this $170 billion/year space. More importantly, it highlights 4 cybersecurity picks with strong profit potential.

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Hertz Global Holdings, Inc (HTZ) : Free Stock Analysis Report
 
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