Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $20.95 USD
Change Today -0.285 / -1.34%
Volume 1.3M
As of 12:43 PM 05/6/15 All times are local (Market data is delayed by at least 15 minutes).

hertz global holdings inc (HTZ) Snapshot

Open
$21.28
Previous Close
$21.23
Day High
$21.31
Day Low
$20.87
52 Week High
08/19/14 - $31.61
52 Week Low
10/15/14 - $18.50
Market Cap
9.6B
Average Volume 10 Days
4.7M
EPS TTM
$1.10
Shares Outstanding
457.8M
EX-Date
--
P/E TM
19.0x
Dividend
--
Dividend Yield
--
Current Stock Chart for HERTZ GLOBAL HOLDINGS INC (HTZ)

hertz global holdings inc (HTZ) Details

Hertz Global Holdings, Inc., through its subsidiaries, is engaged in the car and equipment rental businesses worldwide. It operates through four segments: U.S. Car Rental, International Car Rental, Worldwide Equipment Rental, and All Other Operations. The company rents and leases various car models on an hourly, daily, weekend, weekly, monthly, or multi-month basis; crossovers; and light trucks under the Hertz, Dollar, Thrifty, and Firefly brands. It also operates car rental locations at or near airports, as well as in central business districts and suburban areas of cities in the United States, Canada, France, Germany, Italy, the United Kingdom, Spain, the Netherlands, Belgium, Luxembourg, the Czech Republic, Slovakia, Australia, New Zealand, China, and Brazil; and operates retail used car sales locations in the United States, France, and Australia, as well as provides car-sharing services. In addition, the company rents earthmoving equipment, material handling equipment, aerial and electrical equipment, air compressors, pumps, generators, small tools, compaction equipment, and construction-related trucks, as well as sells new equipment, and consumables, such as gloves and hardhats. Further, it offers claim administration services comprising investigating, evaluating, negotiating, and disposing various claims, including third-party, first-party, bodily injury, property damage, general liability, and product liability. Additionally, the company provides vehicle financing, acquisition, and remarketing; license, title, and registration; maintenance consultation; fuel management; accident management; telematics-based location; and equipment financing services to commercial fleets in the United States and Canada. It serves various industries, such as construction, petrochemical, automobile manufacturing, railroad, power generation, shipbuilding, and entertainment and special events. The company was founded in 1918 and is headquartered in Park Ridge, New Jersey.

30,400 Employees
Last Reported Date: 03/20/14
Founded in 1918

hertz global holdings inc (HTZ) Top Compensated Officers

Chief Financial Officer and Senior Executive ...
Total Annual Compensation: $38.1K
Group President of Rent A Car International
Total Annual Compensation: $587.7K
Chief Compliance Officer, Executive Vice Pres...
Total Annual Compensation: $515.0K
Senior Vice President
Total Annual Compensation: $387.9K
Compensation as of Fiscal Year 2013.

hertz global holdings inc (HTZ) Key Developments

Hertz Global Holdings Appoints Thomas Frese as Senior Vice President, Fleet and Procurement

Hertz Global Holdings appointed Thomas Frese as Senior Vice President, Fleet and Procurement. Frese reports to Tom Kennedy, Senior Executive Vice President and Chief Financial Officer. Frese, who is responsible for the company's fleet operations and purchasing functions, had been with McKinsey & Company in the Chicago office for 14 years, the last seven years as a Principal and leader in the firm's North American Operations and Purchasing Practice. He has experience driving performance transformation across operations, purchasing and strategy in the travel, transportation and automotive industries.

Hertz Global Holdings, Inc. Appoints Thomas Frese as Senior Vice President, Fleet and Procurement

Hertz Global Holdings, Inc. announced that Thomas Frese has been appointed Senior Vice President, Fleet and Procurement effective March 23, 2015. Mr. Frese reports to Tom Kennedy, Senior Executive Vice President and Chief Financial Officer. Mr. Frese, who is responsible for the company's fleet operations and purchasing functions, had been with McKinsey & Company in the Chicago office for 14 years, the last seven years as a Principal and leader in the firm's North American Operations and Purchasing Practice.

Hertz Global Holdings, Inc. Receives Non-Compliance Notice From NYSE

Hertz Global Holdings, Inc. announced that on March 18, 2015 it received a notice from the New York Stock Exchange (NYSE) notifying the company of its failure to meet a NYSE listing standard resulting from the company’s failure to timely file its Annual Report on Form 10-K for the fiscal year ended December 31, 2014 (2014 Form 10-K), as provided by Rule 802.01E of the NYSE Listed Company Manual. As previously disclosed, the company was unable to timely file its 2014 Form 10-K with the Securities and Exchange Commission (SEC) because of the ongoing nature of the company’s previously announced thorough review and investigation of its internal financial records for fiscal years 2011, 2012 and 2013. As a result of the ongoing nature of this review and its potential impact on the company’s 2014 financial results, the company was unable to file the 2014 Form 10-K by the extended due date of March 17, 2015. The financial review and investigation by the company is ongoing. Hertz continues to expect that it will not be able to file updated financial statements, including the 2014 Form 10-K, before mid-2015, and there can be no assurance that the process will be completed by that time. The company has until September 17, 2015 to cure the filing delinquency associated with its failure to file the 2014 Form 10-K. The NYSE may, in its discretion, extend the initial cure period for up to six months after September 17, 2015. Subject to the NYSE’s ongoing oversight and review, the company can regain compliance during the cure period by filing its 2014 Form 10-K and subsequent Form 10-Qs (SEC Filings) with the SEC. If the company fails to file its SEC Filings by the expiration of any applicable cure period, the NYSE may commence proceedings to delist the company’s common stock. The company believes that it will continue to be listed on the NYSE, but there can be no assurance that the company will be able to file the SEC Filings within the initial cure period or any extended cure period. In addition, the NYSE maintains the ability to commence delisting procedures at any time during the cure period, but as of now it does not believe the NYSE will do so.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
HTZ:US $20.95 USD -0.285

HTZ Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Avis Budget Group Inc $53.33 USD -0.38
CH Robinson Worldwide Inc $64.37 USD +0.38
Expeditors International of Washington Inc $48.25 USD +1.55
JB Hunt Transport Services Inc $87.00 USD -0.11
United Rentals Inc $100.66 USD +0.13
View Industry Companies
 

Industry Analysis

HTZ

Industry Average

Valuation HTZ Industry Range
Price/Earnings 29.2x
Price/Sales 0.9x
Price/Book 3.5x
Price/Cash Flow 28.8x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact HERTZ GLOBAL HOLDINGS INC, please visit www.hertz.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.