Herc Holdings Inc HRI

Morningstar Rating
$159.52 −0.03 (0.02%)
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About Quantitative Ratings

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.

Price vs Fair Value

HRI is trading at a 274% premium.
Price
$159.05
Fair Value
$794.88
Uncertainty
High
1-Star Price
$124.17
5-Star Price
$369.19
Economic Moat
Tjbwyj
Capital Allocation
Npzvyldy

News

Trading Information

Previous Close Price
$159.55
Day Range
$157.65159.72
52-Week Range
$100.38171.00
Bid/Ask
$159.14 / $160.19
Market Cap
$4.53 Bil
Volume/Avg
14,341 / 246,431

Key Statistics

Price/Earnings (Normalized)
16.23
Price/Sales
1.34
Dividend Yield (Trailing)
1.65%
Dividend Yield (Forward)
1.67%
Total Yield
1.93%

Company Profile

Herc Holdings is an equipment rental company that was spun out of Hertz Global in 2016. It is currently the third-largest 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’ strategy now incorporates long-term rentals to industrial customers where Herc maintains its own staff at the customer site.
Sector
Industrials
Industry
Rental & Leasing Services
Stock Style Box
Small Value
Total Number of Employees
7,200

Comparables

Valuation

Metric
HRI
URI
ALLE
Price/Earnings (Normalized)
16.2319.0020.17
Price/Book Value
3.326.518.79
Price/Sales
1.343.733.45
Price/Cash Flow
3.7611.9419.92
Price/Earnings
HRI
URI
ALLE

Financial Strength

Metric
HRI
URI
ALLE
Quick Ratio
1.090.691.18
Current Ratio
1.230.811.66
Interest Coverage
2.806.147.77
Quick Ratio
HRI
URI
ALLE

Profitability

Metric
HRI
URI
ALLE
Return on Assets (Normalized)
4.90%7.83%15.05%
Return on Equity (Normalized)
27.79%25.87%50.56%
Return on Invested Capital (Normalized)
9.26%12.11%21.27%
Return on Assets
HRI
URI
ALLE

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1-Day Chart
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Xtqpdp$13.2 Bil
Element Fleet Management Corp
ELEEF
Hbkxhf$8.5 Bil
Localiza Rent A Car SA ADR
LZRFY
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WillScot Holdings Corp Ordinary Shares - Class A
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