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0.00508905852417303 0.00508905852417303 0.0101781170483461 0.0101781170483461 0.00254452926208657 0.0356234096692112 -0.00254452926208646 0.00636132315521626
Stock impact report

Margin headaches expected for Hertz and Avis [Seeking Alpha]

Hertz Global Holdings, Inc (HTZ) 
Last hertz global holdings, inc earnings: 2/24 04:05 pm Check Earnings Report
US:NYSE Investor Relations: ir.hertz.com
Company Research Source: Seeking Alpha
Consumer|On the MoveMargin headaches expected for Hertz and AvisApr. 23, 2020 7:53 AM ETAvis Budget Group, Inc. (CAR)Clark SchultzJPMorgan downgrades Hertz Global (NYSE:HTZAnalyst Ryan Brinkman points to the lack of travel and a sharp decline in used vehicle prices, which is likely to provide upward pressure on monthly depreciation per unit and downward pressure on margin and possibly liquidity."Many companies have also instituted freezes on business travel and it could be some time (with low visibility into exactly how long) until consumers feel confident to resume levels of leisure travel similar to before the outbreak," writes Brinkman on the path ahead.Avis+5.17%-1.49%See all stocks on the move »Now read:Deciding If Avis Budget Group Is Worth The Risk » Show less Read more
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