Hertz Global Holdings, Inc.
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A Travel Package Of Stocks
By Alexander MacLennan - June 18, 2013 | Tickers: CAR, DAL, HTZ, IHG
When you go to a travel site like Expedia, Travelocity, or Orbitz to book a trip, the websites will often offer travel packages complete with airfare, rental car, and hotel lodging. And they do this for a good reason. Not only do the booking sites make more money by more sales, but they also know travelers often require multiple purchases to fulfill their travel experience. This is a lesson for more »
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Which One Is Better: Hertz or Avis?
By Zain Abbas - June 17, 2013 | Tickers: UHAL, CAR, HTZ
Investors have recently shown great interest in the car rental space. In fact, interest first began to pick up back in December, shortly after Hertz Global’s (NYSE: HTZ) acquisition of Dollar Thrifty Automotive closed. Since then, the market has seen both short-term and long-term investors express interest. Naturally, one might wonder what inning we’re in on the car rental trade, especially given the fact that both Avis Budget more »
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Is Rental Service a Good Business?
By Victor Selva - June 5, 2013 | Tickers: CAR, HTZ, URI
Recently, the rental business has been delivering considerable upside, mainly due to higher U.S. pricing and a recovering economy. Leading companies in this sector now deserve more attention from investors; in this article we will look into two car rental and one equipment rental enterprises that dominate within their industries. These are Hertz Global Holdings (NYSE: HTZ), Avis Budget Group (NASDAQ: CAR) and United Rentals (NYSE: URI).
According to more »
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The New Norm of the Car Rental Industry
By Kaitlyn Tokay - June 4, 2013 | Tickers: UHAL, CAR, HTZ
What do Dollar Thrifty, IGO Carsharing and ZipCar all have in common? They were all acquired by rental companies in the last year to cash-in on the short term car rental space. Although the rental car business has declined in the recent months, due to economic conditions, the the major players are looking for new growth opportunity within the short-term rental market.
Growing Fleets
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How to Invest in Air Travel Without Buying Airlines
By Alexander MacLennan - June 4, 2013 | Tickers: CAR, DAL, HTZ
In previous articles I have noted the changes happening in the airline industry that should help boost airline earnings and stability over the next few years. Many investors are still cautious of the airline sector, but do see an increase in air travel occurring over the next few years. These investors are looking for investments that benefit from an increase in air travel, but do not carry all the risks more »
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Continued Insider Sales at Hertz, Recent Action at CBS
By Meena Krishnamsetty - May 30, 2013 | Tickers: CBS, HTZ, PENN
There are a number of ways for investors to screen stocks and find potential investment opportunities. One way is by tracking hedge fund holdings and insider trading interest. Our studies have shown that those who follow the picks of the top hedge fund managers can beat their index-focused peers by a substantial margin; discover the secrets of this strategy.
With regard to insider transactions, the conventional wisdom is that it more »
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Car and Equipment Rental Businesses Look Interesting
By Anh HOANG - May 29, 2013 | Tickers: CAR, HTZ, URI
Hertz Global Holdings (NYSE: HTZ) has experienced a nice rise since the beginning of November 2012, climbing from $13.10 per share to $25.20 per share. Interestingly, Hertz is in the portfolio of many famous value investors and funds, including George Soros, T. Rowe Price, and Vanguard Group. Barron’s also expected that its share price might increase by 70% in the next two years. Should investors buy Hertz more »
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Billionaire Glenn Russell Dubin Loves These Stocks
By Meena Krishnamsetty - May 28, 2013 | Tickers: CZZ, DISH, HTZ, PCLN, RIG
Highbridge Capital Management is a New York-based hedge fund with assets under management of approximately $29 billion. It is managed by key founder Glenn Russell Dubin, and Highbridge’s equity portfolio has a reported value of $6.4 billion. In the first quarter of 2013, several changes were made to its top holdings, including movements in mega-players like Transocean (NYSE: RIG) and Priceline.com (NASDAQ: PCLN).
You can find the more »
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Transportation Is Driving This ETF to New Heights
By Jeff Stouffer - May 20, 2013 | Tickers: CAR, HTZ, LUV, XTN, LCC
A key component of The Dow Theory is that transportation is an essential ingredient of an improving economy. Without the profitability in transportation companies to move goods to the consumer, an upturn in manufacturing output is not confirmed
The SPDR S&P Transportation ETF (NYSEMKT: XTN) is an exchange-traded fund that holds 40 stocks of transportation companies. This ETF was brought to the market on Jan. 26, 2011, and the more »
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3 Leading Companies in the Rental Business
By Victor Selva - May 16, 2013 | Tickers: CAR, HTZ, URI
Recently, the rental business has been delivering considerable upside, especially due to higher U.S. pricing and a recovering economy. Industry leading companies in this sector now deserve more attention from investors. Hertz Global Holdings (NYSE: HTZ), Avis Budget Group (NASDAQ: CAR) and United Rentals (NYSE: URI) fall into this category and justify a succinct analysis in order to elucidate if they compose worthy investments.
An interesting opportunity in the more »
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Three Terrific Tips from Titan Tilson
By AnnaLisa Kraft - May 14, 2013 | Tickers: BRK-B, HTZ, NFLX
At last week's Value Investing Congress, brainchild of Kase Capital's investing titan Whitney Tilson, the keynote presentation by Tilson highlighted three stocks he still loves: Netflix (NASDAQ: NFLX), Berkshire Hathaway (NYSE: BRK-B), and Hertz Global Holdings (NYSE: HTZ).
These three are close to 52 week highs and the Street seems to love them, too. And why not, when each has been heading steadily higher? However, none of these more »
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2 Rental Car Stocks to Buy
By Zain Abbas - May 13, 2013 | Tickers: UHAL, CAR, HTZ
Perhaps the largest development for the rental companies this year has been commentary around positive US pricing data – the positive comments, combined with an overall renewed interest in the rental space, has yielded stellar trading performance for Avis Budget Group (NASDAQ: CAR) and Hertz Global (NYSE: HTZ).
What needs to be questioned is: Will this strong pricing persist? If yes, then it might not be too late to jump into more »
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The Booming Car Rental Industry
By Timothy Green - April 10, 2013 | Tickers: CAR, HTZ
The rental car industry was hit particularly hard by the recession. As people delayed vacations and generally traveled less, revenues dropped and stock prices plummeted. Since the car rental companies typically carry a lot of debt, their bankruptcy seemed like a real possibility. But as the economy has recovered car rental companies have returned to prosperity. My favorite of the bunch, Hertz Global (NYSE: HTZ), has seen its stock price more »
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Buy the Rentals
By Austin Higgins - April 10, 2013 | Tickers: CAR, HTZ, URI
More people are expected to travel this year, and business travel in particular will experience 12% growth, according to the Global Business Travel Association. When people travel, car rental companies often profit. There are only a few publicly traded rental car companies to choose from, so which should you pay attention to?
Hertz Global
MKM Partners put a new price target on Hertz Global (NYSE: HTZ). Its analysts recommend the more »
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The Booming Car Rental Industry
By Timothy Green - April 8, 2013 | Tickers: CAR, HTZ
The rental car industry was hit particularly hard by the recession. As people delayed vacations and generally traveled less revenues dropped and stock prices plummeted. Since the car rental companies typically carry a lot of debt their bankruptcy seemed like a real possibility. But as the economy has recovered the car rental companies have returned to prosperity. My favorite of the bunch, Hertz Global (NYSE: HTZ), has seen its stock more »
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Senator's Newest Mid-Cap Picks
By Marshall Hargrave - April 7, 2013 | Tickers: HTZ, LEA, SBH, SBAC, TWTC
Senator Investment Group, with some $4.5 billion of assets under management, happens to be a big time bull on the paper industry, recently increasing his position in International Paper five-fold. In looking over his other holdings, I found that Senator added a number of interesting mid-cap stocks to its portfolio at the end of 2012 (check out Senator's other top picks).A few of his notable picks are more » -
Buy the Rentals
By Austin Higgins - April 3, 2013 | Tickers: CAR, HTZ, URI
MKM Partners put a new price target on Hertz Global Holdings, Inc. (NYSE: HTZ). Its analysts recommend the company as a buy and see the stock going to $30 per share. This is a 28% premium to its current stock price.
Net income growth is expected to be 42% next year. Hertz management announced it expects earnings per share to rise to $3.10 in fiscal year 2015. Last year more »
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Billionaire James Dinan’s High Upside Potential Picks Include Apple
By Meena Krishnamsetty - March 27, 2013 | Tickers: AIG, AAPL, CHMT, C, HTZ
We primarily track 13F filings from hedge funds and other notable investors as part of our work researching investments strategies. However, we also like to see what successful fund managers’ favorite stocks are and treat this information similarly to a stock screen. We can also combined ownership by a top manager with other screens, including a low PEG ratio (which incorporates both the price-to-earnings multiple and analyst consensus earnings growth more »
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Oligopoly or Not, Car Rental Stocks Are Untouchable
By Jordan Wathen - March 25, 2013 | Tickers: CAR, HTZ
Jim Cramer may be a fan of recently hot auto rental stocks, but investors should temper their enthusiasm - an oligopoly does not necessarily make a good business.
Game theory in microeconomics reveals plenty about the ability of a firm, or several firms, to generate economic profits. While an oligopoly does lend itself to improved margins when competitors align themselves against consumers, there is no natural force that makes an oligopoly more »
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How Are They Doing After the Merger?
By Mike Thiessen - March 19, 2013 | Tickers: CAR, HTZ, ZIP
In 2012, the North American rental car industry continued to consolidate with a blockbuster merger between the Hertz Group (NYSE: HTZ) and Dollar Thrifty.
Valued at $2.3 billion, the deal also involved Parsippany, N.J.-based Avis Budget Group (NASDAQ: CAR). Although it walked away from a bidding war over Dollar Thrifty, Avis did purchase Avis Europe in 2011 in a move to expand into the world's second-largest more »
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