Hertz's Surprising Boost From Used-Car Pricing [The Motley Fool]
Hertz Global Holdings, Inc (HTZ)
Last hertz global holdings, inc earnings: 2/24 04:05 pm
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ir.hertz.com
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Source: The Motley Fool
Shifts in the market for used cars can impact the share price of multinational auto-rental giants. Last week, shares of rental-car pioneer Hertz Global Holdings ( NYSE:HTZ ) advanced nearly 11%, after privately held automotive information site Edmunds proclaimed a multiyear peak in used-car pricing. Edmunds' quarterly assessment, issued on June 12, reported that the average used-vehicle transaction price in the first quarter of 2018 rose 2.2% against the prior-year quarter, to $19,657. This is a record sticker amount, which also represents a cumulative five-year advance of 17.6% against the first quarter of 2013. Edmunds attributed the increase to the ever-growing supply of near-new vehicles coming off-lease and a greater demand for vehicles of all sizes and ages, thanks to shifting market factors. Hertz gained 8% on June 12 alone following Edmund's press release, and fellow car-rental giant Avis Budget Group Inc. ( NASDAQ:CAR ) rose 5% in the same trading se
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HTZ
News
- Hertz says it lost another $195M from EV bet [FOX Business Network]FOX Business Network
- SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Hertz Global Holdings, Inc. - HTZAccesswire
- Hertz Global Holdings First Quarter 2024 Earnings: Revenues Beat Expectations, EPS Lags [Yahoo! Finance]Yahoo! Finance
- More used Teslas are about to flood the market. [Verge, The]Verge, The
- Why Hertz Stock Plunged Today [Yahoo! Finance]Yahoo! Finance
HTZ
Earnings
- 4/25/24 - Miss
HTZ
Sec Filings
- 4/22/24 - Form 8-K
- 4/9/24 - Form ARS
- 4/9/24 - Form DEFA14A
- HTZ's page on the SEC website