Herc HRI
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Relative Strength Index (RSI)
- The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. It is typically used to identify overbought or oversold conditions in financial markets.
- The RSI is calculated using the following formula:
RSI = 100 - (100 / (1 + RS))
Where RS is the ratio of the average gains to the average losses over a specified period.
- The default time period used is 14 days.
- RSI values range between 0 and 100.
RSI values above 70 are considered overbought (indicating a potentially opportune time to sell)
RSI values below 30 are considered oversold (indicating a potentially opportune time to buy)
RSI is not a perfect indicator and should be used in conjunction with other technical analysis tools, this is for informational purposes only and is not a substitute for professional financial advice.
About
Herc (HRI) Business Model and Operations Summary
Herc Holdings Inc is an equipment rental company that was spun out of Hertz Global in 2016. It is currently the equipment rental company (4% market share) in North America, after United Rentals and Sunbelt Rentals, with a fleet size of $6.4 billion. It serves commercial and residential construction customers, the environmental sector, industrial entities, and entertainment production companies. During much of its 50-year-plus history, the company has rented equipment such as aerial lifts to its customers for intermittent use. More recently, it has broadened its catalog to include a host of specialty items. Separately, Herc Holdings' prepares now to incorporate long-term rentals to industrial customers where Herc maintains its own staff at the customer site.
Key Insights
Herc (HRI) Core Market Data and Business Metrics
Latest Closing Price
$136.75Market Cap
$3.91 BillionPrice-Earnings Ratio
18.48Total Outstanding Shares
28.48 Million SharesTotal Employees
7,600Dividend
$0.70 Per Share QuarterlyIPO Date
June 20, 2016SIC Description
Services-miscellaneous Equipment Rental & LeasingPrimary Exchange
New York Stock ExchangeHeadquarters
27500 Riverview Center Blvd, Bonita Springs, FL, 34134
Historical Stock Splits
If you bought 15 shares of HRI before July 1, 2016, you'd have 1 share today.
| Execution Date | Split Amount |
|---|---|
| July 1, 2016 | 1-for-15 (Reverse Split) |
Cash Flow Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Exchange Gains/Losses | $-1 Million |
| Net Cash Flow From Operating Activities | $1.23 Billion |
| Net Cash Flow From Investing Activities, Continuing | $-1.51 Billion |
| Net Cash Flow, Continuing | $13 Million |
| Net Cash Flow From Financing Activities, Continuing | $299 Million |
| Net Cash Flow | $12 Million |
Income Statement
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Gross Profit | $2.28 Billion |
| Income Tax Expense/Benefit, Deferred | $59 Million |
| Selling, General, and Administrative Expenses | $480 Million |
| Income/Loss From Continuing Operations After Tax | $211 Million |
| Revenues | $3.57 Billion |
| Other Operating Expenses | $1.51 Billion |
Comprehensive Income
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Comprehensive Income/Loss | $187 Million |
| Other Comprehensive Income/Loss | $-24 Million |
| Other Comprehensive Income/Loss Attributable To Parent | $-24 Million |
| Comprehensive Income/Loss Attributable To Parent | $187 Million |
| Comprehensive Income/Loss Attributable To Noncontrolling Interest | $0 |
Balance Sheet
January 1, 2024 to December 31, 2024
| Metric | Value |
|---|---|
| Equity Attributable To Noncontrolling Interest | $0 |
| Liabilities | $6.48 Billion |
| Prepaid Expenses | $47 Million |
| Equity Attributable To Parent | $1.40 Billion |
| Equity | $1.40 Billion |
| Liabilities And Equity | $7.88 Billion |
Historical Dividends
Current dividend: $0.70 Per Share Quarterly
| Announcement Date | Payment Date | Record Date | Amount | Frequency |
|---|---|---|---|---|
| Feb 4, 2025 | Mar 4, 2025 | Feb 18, 2025 | $0.7 | Quarterly |
| Dec 6, 2024 | Dec 27, 2024 | Dec 16, 2024 | $0.665 | Quarterly |
| Aug 9, 2024 | Sep 6, 2024 | Aug 23, 2024 | $0.665 | Quarterly |
| May 17, 2024 | Jun 14, 2024 | May 31, 2024 | $0.665 | Quarterly |
| Feb 7, 2024 | Mar 7, 2024 | Feb 21, 2024 | $0.665 | Quarterly |
| Dec 1, 2023 | Dec 26, 2023 | Dec 11, 2023 | $0.6325 | Quarterly |