Herc Statistics

Share Statistics

Herc has 33.24M shares outstanding. The number of shares has increased by 16.92% in one year.

Shares Outstanding	33.24M
Shares Change (YoY)	16.92%
Shares Change (QoQ)	16.56%
Owned by Institutions (%)	98.65%
Shares Floating	32.53M
Failed to Deliver (FTD) Shares	389
FTD / Avg. Volume	0.08%

Short Selling Information

The latest short interest is 2.48M, so 7.48% of the outstanding shares have been sold short.

Short Interest	2.48M
Short % of Shares Out	7.48%
Short % of Float	8.3%
Short Ratio (days to cover)	5.35

Valuation Ratios

The PE ratio is 25.48 and the forward PE ratio is 10.61. Herc's PEG ratio is -0.65.

PE Ratio	25.48
Forward PE	10.61
PS Ratio	1.59
Forward PS	0.9
PB Ratio	3.85
P/FCF Ratio	336.06
PEG Ratio	-0.65

Financial Ratio History

Enterprise Valuation

Herc has an Enterprise Value (EV) of 10.37B.

EV / Sales	3.07
EV / EBITDA	7.64
EV / EBIT	8.46
EV / FCF	647.87

Financial Position

The company has a current ratio of 1.38, with a Debt / Equity ratio of 3.63.

Current Ratio	1.38
Quick Ratio	1.38
Debt / Equity	3.63
Debt / EBITDA	3.74
Debt / FCF	317
Interest Coverage	2.11

Financial Efficiency

Return on Equity is 15.11% and Return on Invested Capital is 5.37%.

Return on Equity	15.11%
Return on Assets	2.68%
Return on Invested Capital	5.37%
Revenue Per Employee	$443.95K
Profits Per Employee	$27.76K
Employee Count	7,600
Asset Turnover	0.43
Inventory Turnover	n/a

Taxes

Income Tax	80M
Effective Tax Rate	27.49%

Stock Price Statistics

The stock price has increased by -4.28% in the last 52 weeks. The beta is 1.83, so Herc's price volatility has been higher than the market average.

Beta	1.83
52-Week Price Change	-4.28%
50-Day Moving Average	130.01
200-Day Moving Average	152.4
Relative Strength Index (RSI)	52.07
Average Volume (20 Days)	508,288

Income Statement

In the last 12 months, Herc had revenue of 3.37B and earned 211M in profits. Earnings per share was 7.43.

Revenue	3.37B
Gross Profit	1.16B
Operating Income	549M
Net Income	211M
EBITDA	1.36B
EBIT	551M
Earnings Per Share (EPS)	7.43

Full Income Statement

Balance Sheet

The company has 83M in cash and 5.07B in debt, giving a net cash position of -4.99B.

Cash & Cash Equivalents	83M
Total Debt	5.07B
Net Cash	-4.99B
Retained Earnings	633M
Total Assets	14.02B
Working Capital	125M

Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 1.23B and capital expenditures -1.21B, giving a free cash flow of 16M.

Operating Cash Flow	1.23B
Capital Expenditures	-1.21B
Free Cash Flow	16M
FCF Per Share	0.56

Full Cash Flow Statement

Margins

Gross margin is 34.26%, with operating and profit margins of 16.27% and 6.25%.

Gross Margin	34.26%
Operating Margin	16.27%
Pretax Margin	8.62%
Profit Margin	6.25%
EBITDA Margin	40.22%
EBIT Margin	16.27%
FCF Margin	0.47%

Dividends & Yields

HRI pays an annual dividend of $3.43, which amounts to a dividend yield of 2.13%.

Dividend Per Share	$3.43
Dividend Yield	2.13%
Dividend Growth (YoY)	5.26%
Payout Ratio	413.25%
Earnings Yield	3.92%
FCF Yield	0.3%

Dividend Details

Analyst Forecast

The average price target for HRI is $153, which is 18.5% higher than the current price. The consensus rating is "Buy".

Price Target	$153
Price Target Difference	18.5%
Analyst Consensus	Buy
Analyst Count	5

Stock Forecasts

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value	$178.62
Lynch Upside	38.35%
Graham Number	90.65
Graham Upside	-29.79%

Stock Splits

The last stock split was on Jul 1, 2016. It was a backward split with a ratio of 1:3.

Last Split Date	Jul 1, 2016
Split Type	backward
Split Ratio	1:3

Scores

Altman Z-Score	0.62
Piotroski F-Score	5

Herc Inc. (HRI)