Herc (NYSE:HRI) Stock Rating Upgraded by KeyCorp

Herc (NYSE:HRI) was upgraded by KeyCorp from a “sector weight” rating to an “overweight” rating in a note issued to investors on Tuesday, MarketBeat reports. The firm presently has a $200.00 price target on the transportation company’s stock. KeyCorp’s price objective would suggest a potential upside of 28.92% from the company’s previous close. KeyCorp also issued estimates for Herc’s Q1 2026 earnings at $1.06 EPS, Q2 2026 earnings at $1.78 EPS and FY2026 earnings at $8.40 EPS.

Other research analysts have also recently issued research reports about the company. Baird R W upgraded Herc from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 1st. Wall Street Zen raised Herc from a “sell” rating to a “hold” rating in a research note on Sunday, November 2nd. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Herc in a research note on Wednesday, October 8th. JPMorgan Chase & Co. lifted their price objective on Herc from $140.00 to $150.00 and gave the stock a “neutral” rating in a report on Wednesday, October 29th. Finally, Robert W. Baird set a $200.00 target price on Herc in a report on Wednesday, October 29th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $170.86.

Herc Trading Down 0.7%

Shares of Herc stock opened at $155.14 on Tuesday. The firm has a market cap of $5.16 billion, a price-to-earnings ratio of -61.56, a price-to-earnings-growth ratio of 1.58 and a beta of 1.81. Herc has a 52-week low of $96.18 and a 52-week high of $212.19. The company’s 50-day simple moving average is $135.55 and its 200-day simple moving average is $129.96. The company has a quick ratio of 1.22, a current ratio of 1.22 and a debt-to-equity ratio of 4.28.

Herc (NYSE:HRI) last announced its quarterly earnings data on Thursday, November 2nd. The transportation company reported $3.42 EPS for the quarter. The firm had revenue of $745.00 million during the quarter. Herc had a negative net margin of 1.68% and a positive return on equity of 16.32%. As a group, equities research analysts anticipate that Herc will post 12.84 earnings per share for the current year.

Institutional Trading of Herc

Institutional investors and hedge funds have recently made changes to their positions in the stock. Nuveen LLC acquired a new position in Herc in the 1st quarter valued at about $14,528,000. Russell Investments Group Ltd. grew its holdings in shares of Herc by 4.9% during the first quarter. Russell Investments Group Ltd. now owns 23,283 shares of the transportation company’s stock worth $3,126,000 after buying an additional 1,087 shares in the last quarter. Fox Run Management L.L.C. acquired a new position in shares of Herc in the first quarter valued at approximately $229,000. Dimensional Fund Advisors LP lifted its stake in shares of Herc by 12.6% during the first quarter. Dimensional Fund Advisors LP now owns 825,120 shares of the transportation company’s stock valued at $110,796,000 after buying an additional 92,019 shares during the period. Finally, Raymond James Financial Inc. lifted its stake in shares of Herc by 111.0% during the first quarter. Raymond James Financial Inc. now owns 32,612 shares of the transportation company’s stock valued at $4,379,000 after buying an additional 17,157 shares during the period. 93.11% of the stock is currently owned by hedge funds and other institutional investors.

About Herc

Herc Holdings Inc, together with its subsidiaries, operates as an equipment rental supplier. It rents aerial, earthmoving, material handling, trucks and trailers, air compressors, compaction, and lighting equipment, as well as generators, and safety supplies and expendables; and provides ProSolutions, an industry specific solution based services, such as pumping solutions, power generation, climate control, remediation and restoration, and studio and production equipment.