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Herc Holdings Inc Stock Research

HRI

113.79USD+0.41(+0.36%)Market Closed

Market Summary

USD113.79+0.41
Market Closed
0.36%

HRI Alerts

HRI Stock Price

HRI RSI Chart

HRI Valuation

Market Cap

3.3B

Price/Earnings (Trailing)

9.97

Price/Sales (Trailing)

1.2

EV/EBITDA

11.09

Price/Free Cashflow

4.04

HRI Price/Sales (Trailing)

HRI Profitability

EBT Margin

15.82%

Return on Equity

29.76%

Return on Assets

5.54%

Free Cashflow Yield

24.72%

HRI Fundamentals

HRI Revenue

Revenue (TTM)

2.7B

Revenue Y/Y

35.99%

Revenue Q/Q

5.49%

HRI Earnings

Earnings (TTM)

329.9M

Earnings Y/Y

36.21%

Earnings Q/Q

-3.55%

Price Action

52 Week Range

83.43171.74
(Low)(High)

Last 7 days

-22.1%

Last 30 days

-26.3%

Last 90 days

-10.2%

Trailing 12 Months

-24.2%

HRI Financial Health

Current Ratio

1.07

Debt/Equity

2.64

Debt/Cashflow

0.31

HRI Investor Care

Dividend Yield

2.02%

Dividend/Share (TTM)

2.3

Buy Backs (1Y)

2.69%

Diluted EPS (TTM)

10.92

Peers (Alternatives to Herc Holdings)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
127.6B
76.6B
8.56% -2.47%
567.03
1.67
3.18% 103.45%
114.8B
59.4B
-12.45% 2.23%
17.13
1.93
16.59% 3.25%
34.6B
15.2B
-0.12% 35.45%
22.37
2.27
16.94% 48.32%
29.9B
7.0B
-2.77% -5.86%
27.51
4.28
16.13% 17.50%
27.5B
11.6B
-14.29% 19.94%
13.09
2.37
19.82% 51.88%
MID-CAP
7.0B
21.4B
-5.60% 15.30%
10.16
0.35
17.58% 84.90%
4.2B
2.3B
-13.70% -4.22%
-43.56
1.82
10.96% -122.22%
3.8B
1.7B
-15.58% -5.13%
5.06
2.25
9.51% 40.86%
3.3B
2.7B
-26.35% -24.23%
9.97
1.2
32.11% 47.21%
2.5B
708.4M
-4.32% 29.55%
-11.73
3.51
111.10% -62.22%
SMALL-CAP
1.6B
1.2B
-10.62% 7.49%
12.02
1.29
17.10% 120.75%

Financials for Herc Holdings

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue8.2%2,7392,5312,3362,1872,073
  S&GA Expenses5.8%410388358335311
EBITDA20.5%555461433402-
EBITDA Margin11.3%0.20*0.18*0.19*0.18*-
Earnings Before Taxes10.7%433392352316290
EBT Margin2.3%0.16*0.15*0.15*0.14*-
Interest Expenses75.8%12269.0081.0085.0086.00
Net Income8.6%330304275250224
Net Income Margin0.3%0.12*0.12*0.12*0.11*-
Free Cahsflow6.2%813765720705-
Balance Sheet
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets4.8%5,9575,6845,3104,7184,490
  Current Assets1.4%644635567475470
    Cash Equivalents-6.0%54.0057.0052.0023.0035.00
  Goodwill10.4%419379326273232
Liabilities5.4%4,8484,6014,2453,7063,514
  Current Liabilities3.4%604584528463530
  Long Term Debt5.8%2,9222,7622,5032,1421,916
    LT Debt, Current1.8%11.0011.0011.0011.00-
Shareholder's Equity2.4%1,1091,0831,0651,012977
  Retained Earnings56.3%22414360.005.00-53.40
  Additional Paid-In Capital0.4%1,8201,8121,8021,7971,822
Shares Outstanding-1.7%29.0029.0030.0030.0030.00
Cashflow (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations6.1%917864775752744
  Share Based Compensation7.1%27.0025.0022.0024.0023.00
Cashflow From Investing-1.1%-1,681-1,663-1,629-1,245-961
Cashflow From Financing-4.6%784822873484220
  Dividend Payments2.7%68.0066.0049.0032.0015.00
  Buy Backs-2.7%1151180.00--

Risks for HRI

What is the probability of a big loss on HRI?

83.8%


Probability that Herc Holdings stock will be more than 20% underwater in next one year

62.3%


Probability that Herc Holdings stock will be more than 30% underwater in next one year.

56.9%


Probability that Herc Holdings stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does HRI drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Herc Holdings was unfortunately bought at previous high price.

Drawdowns

Returns for HRI

Cumulative Returns on HRI

10.3%


5-Year Cumulative Returns

68.7%


3-Year Cumulative Returns

What are the long-term rolling returns for HRI?

FIve years rolling returns for Herc Holdings.

Annualized Returns

Which funds bought or sold HRI recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-0.06
93,207
442,207
-%
2023-03-06
Rockefeller Capital Management L.P.
reduced
-95.47
-12,547,000
763,000
-%
2023-02-28
Voya Investment Management LLC
unchanged
-
271,702
1,290,700
-%
2023-02-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
added
5.49
311,000
1,238,000
0.01%
2023-02-21
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO
added
6.49
54,696
211,696
-%
2023-02-21
MACQUARIE GROUP LTD
reduced
-0.15
566,000
2,906,000
-%
2023-02-17
TRUIST FINANCIAL CORP
reduced
-11.2
174,235
1,579,240
-%
2023-02-16
HARBOUR INVESTMENTS, INC.
reduced
-1.08
85,165
276,165
0.02%
2023-02-16
American Trust
new
-
241,957
241,957
0.02%
2023-02-15
Retirement Group, LLC
new
-
2,000
2,000
-%

1–10 of 44

Latest Funds Activity

Are funds buying HRI calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own HRI
No. of Funds

Herc Holdings News

Seeking Alpha

Earnings help Zim sail to top industrial gainer of week, while outlook ....

Seeking Alpha,
3 hours ago

StreetInsider.com

Simply Wall St

Schedule 13G FIlings of Herc Holdings

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Mar 13, 2023
icahn carl c
1.95%
568,437
SC 13D/A
Mar 07, 2023
icahn carl c
2.37%
690,726
SC 13D/A
Feb 24, 2023
icahn carl c
2.99%
871,689
SC 13D/A
Feb 17, 2023
icahn carl c
3.49%
1,015,548
SC 13D/A
Feb 14, 2023
alliancebernstein l.p.
6.8%
1,977,994
SC 13G
Feb 09, 2023
icahn carl c
4.17%
1,220,138
SC 13D/A
Feb 09, 2023
vanguard group inc
8.26%
2,415,578
SC 13G/A
Feb 01, 2023
blackrock inc.
5.8%
1,711,088
SC 13G/A
Jan 30, 2023
gamco investors, inc. et al
1.85%
540,343
SC 13D/A
Jan 27, 2023
icahn carl c
4.75%
1,388,392
SC 13D/A

HRI Fair Value

Herc Holdings fair value in different scenarios

The table shows the Fair Value estimates for Herc Holdings for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

85.96

-24.46%

102.34

-10.06%

151.50

33.14%

191.79

68.55%

224.21

97.04%
Current Inflation

80.38

-29.36%

94.67

-16.80%

137.00

20.40%

171.38

50.61%

198.91

74.80%
Very High Inflation

73.34

-35.55%

85.14

-25.18%

119.54

5.05%

147.16

29.33%

169.13

48.63%

Historical Herc Holdings Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Herc Holdings

View All Filings
Date Filed Form Type Document
Mar 16, 2023
8-K
Current Report
Mar 15, 2023
4
Insider Trading
Mar 15, 2023
4
Insider Trading
Mar 13, 2023
SC 13D/A
13D - Major Acquisition
Mar 10, 2023
3
Insider Trading
Mar 09, 2023
8-K
Current Report
Mar 07, 2023
SC 13D/A
13D - Major Acquisition
Mar 06, 2023
8-K
Current Report
Mar 02, 2023
4
Insider Trading
Feb 28, 2023
4
Insider Trading

Latest Insider Trading transactions for HRI

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-03-13
Humphrey Mark
acquired
-
-
978
svp & chief financial officer
2023-03-13
Schumacher Mark Alan
acquired
-
-
262
vp, cao and controller
2023-03-01
Silber Lawrence Harris
sold
-493,349
145
-3,401
president & ceo
2023-03-01
Silber Lawrence Harris
acquired
199,843
58.76
3,401
president & ceo
2023-02-27
Birnbaum Aaron
acquired
203,820
33.19
6,141
svp & chief operating officer
2023-02-27
Birnbaum Aaron
sold
-870,132
141
-6,141
svp & chief operating officer
2023-02-25
Irion Mark
sold (taxes)
-106,032
141
-752
svp & cfo
2023-02-25
Sheek Samuel Wade
sold (taxes)
-55,977
141
-397
svp & chief legal officer
2023-02-25
Birnbaum Aaron
sold (taxes)
-68,244
141
-484
svp & chief operating officer
2023-02-25
Cunningham Christian J
sold (taxes)
-63,027
141
-447
svp & chief hr officer

1–10 of 50

Lawrence H. Silber
5600
Herc Holdings Inc., through its subsidiaries, operates as an equipment rental supplier in the United States and internationally. It rents aerial, earthmoving, material handling, trucks and trailers, air compressors, compaction, and lighting equipment. The company also provides ProSolutions, an industry specific solution-based services, which include power generation, climate control, remediation and restoration, pump, trench shoring, and studio and production equipment; and ProContractor professional grade tools. In addition, it offers various services, including repair, maintenance, equipment management, and safety training; and equipment re-rental and on-site support services, as well as ancillary services, such as equipment transport, rental protection, cleaning, refueling, and labor. Further, the company sells used equipment and contractor supplies, such as construction consumables, tools, small equipment, and safety supplies. It serves non-residential and residential construction, specialty trade, restoration, remediation and environment, and facility maintenance contractors; industrial manufacturing industries, including automotive and aerospace, power, metals and mining, agriculture, pulp, paper and wood, food and beverage, and refineries and petrochemical industries; infrastructure and government sectors; and commercial facilities, hospitality, healthcare, recreation, entertainment production, and special event management customers. The company sells its products through its sales team and industry catalogs, as well as through participation and sponsorship of industry events, trade shows, and Internet. Herc Holdings Inc. was founded in 1965 and is based in Bonita Springs, Florida.

HRI Income Statement

2022-12-31
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues:   
Total revenues$ 2,738.8$ 2,073.1$ 1,781.3
Expenses:   
Direct operating1,027.7782.3626.7
Depreciation of rental equipment535.9420.7403.9
Cost of sales of rental equipment88.893.3203.6
Cost of sales of new equipment, parts and supplies22.320.320.5
Selling, general and administrative410.1310.8257.4
Non-rental depreciation and amortization94.968.062.5
Impairment3.53.215.4
Interest expense, net122.086.392.6
Other expense (income), net0.2(2.2)4.6
Total expenses2,305.41,782.71,687.2
Income before income taxes433.4290.494.1
Income tax provision(103.5)(66.3)(20.4)
Net income$ 329.9$ 224.1$ 73.7
Weighted average shares outstanding:   
Basic (in shares)29.629.629.1
Diluted (in shares)30.230.429.4
Earnings per share:   
Basic (in USD per share)$ 11.15$ 7.57$ 2.53
Diluted (in USD per share)$ 10.92$ 7.37$ 2.51
Equipment rental   
Revenues:   
Total revenues$ 2,551.5$ 1,910.4$ 1,543.7
Sales of rental equipment   
Revenues:   
Total revenues125.7113.1198.5
Sales of new equipment, parts and supplies   
Revenues:   
Total revenues35.830.128.2
Service and other revenue   
Revenues:   
Total revenues$ 25.8$ 19.5$ 10.9

HRI Balance Sheet

2022-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2022
Dec. 31, 2021
ASSETS  
Cash and cash equivalents$ 53.5$ 35.1
Receivables, net of allowances of $17.6 and $13.6, respectively522.5388.1
Other current assets67.546.5
Total current assets643.5469.7
Rental equipment, net3,485.22,665.3
Property and equipment, net391.9308.4
Right-of-use lease assets552.0413.7
Intangible assets, net431.4388.7
Goodwill418.7231.5
Other long-term assets34.113.1
Total assets5,956.84,490.4
LIABILITIES AND EQUITY  
Current maturities of long-term debt and financing obligations16.115.2
Current maturities of operating lease liabilities41.938.7
Accounts payable318.3280.6
Accrued liabilities227.7195.4
Total current liabilities604.0529.9
Long-term debt, net2,921.91,916.1
Financing obligations, net107.8111.2
Operating lease liabilities527.7387.4
Deferred tax liabilities646.5536.8
Other long-term liabilities40.232.1
Total liabilities4,848.13,513.5
Commitments and contingencies (Note 17)
Equity:  
Preferred stock, $0.01 par value, 13.3 shares authorized, no shares issued and outstanding0.00.0
Common stock, $0.01 par value, 133.3 shares authorized, 32.7 and 32.4 shares issued and 28.9 and 29.7 shares outstanding0.30.3
Additional paid-in capital1,820.01,822.2
Retained earnings (accumulated deficit)224.1(53.4)
Accumulated other comprehensive loss(128.5)(100.2)
Treasury stock, at cost, 3.8 shares and 2.7 shares(807.2)(692.0)
Total equity1,108.7976.9
Total liabilities and equity$ 5,956.8$ 4,490.4