Market Summary
USD113.79+0.41
Market Closed0.36%
HRI Stock Price
HRI RSI Chart
HRI Valuation
HRI Price/Sales (Trailing)
HRI Profitability
HRI Fundamentals
HRI Revenue
HRI Earnings
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
HRI Investor Care
Peers (Alternatives to Herc Holdings)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
GE | 127.6B | 76.6B | 8.56% | -2.47% | 567.03 | 1.67 | 3.18% | 103.45% |
CAT | 114.8B | 59.4B | -12.45% | 2.23% | 17.13 | 1.93 | 16.59% | 3.25% |
GWW | 34.6B | 15.2B | -0.12% | 35.45% | 22.37 | 2.27 | 16.94% | 48.32% |
FAST | 29.9B | 7.0B | -2.77% | -5.86% | 27.51 | 4.28 | 16.13% | 17.50% |
URI | 27.5B | 11.6B | -14.29% | 19.94% | 13.09 | 2.37 | 19.82% | 51.88% |
| MID-CAP | ||||||||
WCC | 7.0B | 21.4B | -5.60% | 15.30% | 10.16 | 0.35 | 17.58% | 84.90% |
AL | 4.2B | 2.3B | -13.70% | -4.22% | -43.56 | 1.82 | 10.96% | -122.22% |
TRTN | 3.8B | 1.7B | -15.58% | -5.13% | 5.06 | 2.25 | 9.51% | 40.86% |
HRI | 3.3B | 2.7B | -26.35% | -24.23% | 9.97 | 1.2 | 32.11% | 47.21% |
FTAI | 2.5B | 708.4M | -4.32% | 29.55% | -11.73 | 3.51 | 111.10% | -62.22% |
| SMALL-CAP | ||||||||
HEES | 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) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Revenue | 8.2% | 2,739 | 2,531 | 2,336 | 2,187 | 2,073 |
| S&GA Expenses | 5.8% | 410 | 388 | 358 | 335 | 311 |
| EBITDA | 20.5% | 555 | 461 | 433 | 402 | - |
| EBITDA Margin | 11.3% | 0.20* | 0.18* | 0.19* | 0.18* | - |
| Earnings Before Taxes | 10.7% | 433 | 392 | 352 | 316 | 290 |
| EBT Margin | 2.3% | 0.16* | 0.15* | 0.15* | 0.14* | - |
| Interest Expenses | 75.8% | 122 | 69.00 | 81.00 | 85.00 | 86.00 |
| Net Income | 8.6% | 330 | 304 | 275 | 250 | 224 |
| Net Income Margin | 0.3% | 0.12* | 0.12* | 0.12* | 0.11* | - |
| Free Cahsflow | 6.2% | 813 | 765 | 720 | 705 | - |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Assets | 4.8% | 5,957 | 5,684 | 5,310 | 4,718 | 4,490 |
| Current Assets | 1.4% | 644 | 635 | 567 | 475 | 470 |
| Cash Equivalents | -6.0% | 54.00 | 57.00 | 52.00 | 23.00 | 35.00 |
| Goodwill | 10.4% | 419 | 379 | 326 | 273 | 232 |
| Liabilities | 5.4% | 4,848 | 4,601 | 4,245 | 3,706 | 3,514 |
| Current Liabilities | 3.4% | 604 | 584 | 528 | 463 | 530 |
| Long Term Debt | 5.8% | 2,922 | 2,762 | 2,503 | 2,142 | 1,916 |
| LT Debt, Current | 1.8% | 11.00 | 11.00 | 11.00 | 11.00 | - |
| Shareholder's Equity | 2.4% | 1,109 | 1,083 | 1,065 | 1,012 | 977 |
| Retained Earnings | 56.3% | 224 | 143 | 60.00 | 5.00 | -53.40 |
| Additional Paid-In Capital | 0.4% | 1,820 | 1,812 | 1,802 | 1,797 | 1,822 |
| Shares Outstanding | -1.7% | 29.00 | 29.00 | 30.00 | 30.00 | 30.00 |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Cashflow From Operations | 6.1% | 917 | 864 | 775 | 752 | 744 |
| Share Based Compensation | 7.1% | 27.00 | 25.00 | 22.00 | 24.00 | 23.00 |
| Cashflow From Investing | -1.1% | -1,681 | -1,663 | -1,629 | -1,245 | -961 |
| Cashflow From Financing | -4.6% | 784 | 822 | 873 | 484 | 220 |
| Dividend Payments | 2.7% | 68.00 | 66.00 | 49.00 | 32.00 | 15.00 |
| Buy Backs | -2.7% | 115 | 118 | 0.00 | - | - |
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 ascending | Fund Name | Type | % 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 | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Herc Holdings News
Schedule 13G FIlings of Herc Holdings
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form 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 Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very 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 ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
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 |
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
2022-12-31CONSOLIDATED 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 operating | 1,027.7 | 782.3 | 626.7 |
| Depreciation of rental equipment | 535.9 | 420.7 | 403.9 |
| Cost of sales of rental equipment | 88.8 | 93.3 | 203.6 |
| Cost of sales of new equipment, parts and supplies | 22.3 | 20.3 | 20.5 |
| Selling, general and administrative | 410.1 | 310.8 | 257.4 |
| Non-rental depreciation and amortization | 94.9 | 68.0 | 62.5 |
| Impairment | 3.5 | 3.2 | 15.4 |
| Interest expense, net | 122.0 | 86.3 | 92.6 |
| Other expense (income), net | 0.2 | (2.2) | 4.6 |
| Total expenses | 2,305.4 | 1,782.7 | 1,687.2 |
| Income before income taxes | 433.4 | 290.4 | 94.1 |
| Income tax provision | (103.5) | (66.3) | (20.4) |
| Net income | $ 329.9 | $ 224.1 | $ 73.7 |
| Weighted average shares outstanding: | |||
| Basic (in shares) | 29.6 | 29.6 | 29.1 |
| Diluted (in shares) | 30.2 | 30.4 | 29.4 |
| 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 revenues | 125.7 | 113.1 | 198.5 |
| Sales of new equipment, parts and supplies | |||
| Revenues: | |||
| Total revenues | 35.8 | 30.1 | 28.2 |
| Service and other revenue | |||
| Revenues: | |||
| Total revenues | $ 25.8 | $ 19.5 | $ 10.9 |
HRI Balance Sheet
2022-12-31CONSOLIDATED 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, respectively | 522.5 | 388.1 |
| Other current assets | 67.5 | 46.5 |
| Total current assets | 643.5 | 469.7 |
| Rental equipment, net | 3,485.2 | 2,665.3 |
| Property and equipment, net | 391.9 | 308.4 |
| Right-of-use lease assets | 552.0 | 413.7 |
| Intangible assets, net | 431.4 | 388.7 |
| Goodwill | 418.7 | 231.5 |
| Other long-term assets | 34.1 | 13.1 |
| Total assets | 5,956.8 | 4,490.4 |
| LIABILITIES AND EQUITY | ||
| Current maturities of long-term debt and financing obligations | 16.1 | 15.2 |
| Current maturities of operating lease liabilities | 41.9 | 38.7 |
| Accounts payable | 318.3 | 280.6 |
| Accrued liabilities | 227.7 | 195.4 |
| Total current liabilities | 604.0 | 529.9 |
| Long-term debt, net | 2,921.9 | 1,916.1 |
| Financing obligations, net | 107.8 | 111.2 |
| Operating lease liabilities | 527.7 | 387.4 |
| Deferred tax liabilities | 646.5 | 536.8 |
| Other long-term liabilities | 40.2 | 32.1 |
| Total liabilities | 4,848.1 | 3,513.5 |
| Commitments and contingencies (Note 17) | ||
| Equity: | ||
| Preferred stock, $0.01 par value, 13.3 shares authorized, no shares issued and outstanding | 0.0 | 0.0 |
| Common stock, $0.01 par value, 133.3 shares authorized, 32.7 and 32.4 shares issued and 28.9 and 29.7 shares outstanding | 0.3 | 0.3 |
| Additional paid-in capital | 1,820.0 | 1,822.2 |
| 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 equity | 1,108.7 | 976.9 |
| Total liabilities and equity | $ 5,956.8 | $ 4,490.4 |