21.02.2017 13:10:00

Rental & Leasing Services Stocks on Investors' Radar -- Hertz Global, United Rentals, Avis Budget, and Rent-A-Center

NEW YORK, February 21, 2017 /PRNewswire/ --

Rental and Leasing Services companies rent various equipment, products, and services to consumers and businesses. They are generally structured as corporations and offer dividend yields that are above average when compared to the wider market. Today, Stock-Callers.com takes a closer look at these four stocks: Hertz Global Holdings Inc. (NYSE: HTZ), United Rentals Inc. (NYSE: URI), Avis Budget Group Inc. (NASDAQ: CAR), and Rent-A-Center Inc. (NASDAQ: RCII). Learn more about these stocks by downloading their comprehensive and free reports at:

http://stock-callers.com/registration

Hertz Global  

Estero, Florida-based Hertz Global Holdings Inc.'s shares finished Friday's session 7.66% lower at $20.00. A total volume of 5.48 million shares was traded, which was above their three months average volume of 2.04 million shares. The stock is trading below its 50-day moving average by 8.93%. Moreover, shares of Hertz Global Holdings, which engages in the car rental business in North America, Europe, Latin America, Asia, Australia, Africa, the Middle East, and New Zealand, have a Relative Strength Index (RSI) of 42.07.

On February 15th, 2017, Hertz Global announced its sponsorship of the DRIVE Innovation Center launched by the Mayer Group in Tel Aviv to promote the development of cutting edge technology for the smart mobility domain, including car rental. The DRIVE Innovation Center is the first of its kind and will introduce Hertz to Israeli-based start-ups and entrepreneurs to provide them with guidance on car rental business model development and value creation, as well as explore partnership opportunities. Hertz will have first-hand insight into potentially disruptive technologies with the chance to influence the development of the next generation of innovative ideas.

On February 17th, 2017, research firm Credit Suisse downgraded the Company's stock rating from 'Neutral' to 'Underperform'. HTZ complete research report is just a click away and free at:

http://stock-callers.com/registration/?symbol=HTZ


United Rentals  

Shares in Stamford, Connecticut headquartered United Rentals Inc. ended the day 1.43% lower at $126.03 with a total trading volume of 1.12 million shares. The stock has advanced 14.11% in the last month, 36.81% in the previous three months, and 19.37% on an YTD basis. The Company's shares are trading 10.13% and 46.76% above their 50-day and 200-day moving averages, respectively. Moreover, shares of United Rentals, which through its subsidiaries, operates as an equipment rental company, have an RSI of 59.34.

On January 25th, 2017, United Rentals and NES Rentals Holdings II, Inc. ("NES") announced that they have entered into a definitive agreement under which United Rentals will acquire NES for approximately $965 million in cash. The board of directors of United Rentals and Diamond Castle Holdings LLC, the majority owner of NES, unanimously approved the agreement. The transaction is expected to close early in Q2 2017, subject to Hart-Scott-Rodino clearance and customary conditions.

On February 02nd, 2017, research firm Argus downgraded the Company's stock rating from 'Buy' to 'Hold'. The complimentary report on URI can be downloaded at:


http://stock-callers.com/registration/?symbol=URI


Avis Budget  

Parsippany, New Jersey headquartered Avis Budget Group Inc.'s stock sank 5.59%, closing the session at $33.76. A total volume of 6.07 million shares was traded, which was above their three months average volume of 1.62 million shares. The Company's shares are trading 3.57% below their 200-day moving average. Additionally, shares of Avis Budget Group, which together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary services to businesses and consumers worldwide, have an RSI of 37.29.

On February 15th, 2017, Avis Budget reported revenue of $1.9 billion and a net loss of $31 million, or $0.35 per share for Q4 2016. The Company reported adjusted EBITDA of $121 million and adjusted net income of $13 million, or $0.15 per diluted share, in Q4 2016. For full year 2016, the Company reported revenue of $8.7 billion, an increase of 2% compared with full year 2015. Net income was $163 million, or $1.75 per diluted share, for the full year 2015.

On February 17th, 2017, research firm Credit Suisse downgraded the Company's stock rating from 'Outperform' to 'Neutral'. Sign up for your complimentary research report on CAR at:

http://stock-callers.com/registration/?symbol=CAR


Rent-A-Center  

On Friday, shares in Plano, Texas headquartered Rent-A-Center Inc. finished the session 3.07% lower at $8.20. A total volume of 4.11 million shares was traded, which was above their three months average volume of 1.73 million shares. The stock is trading below its 50-day moving average by 19.00%. Furthermore, shares of Rent-A-Center, which together with its subsidiaries, leases household durable goods to customers on a rent-to-own basis, have an RSI of 35.87.

On February 20th, 2017, AcceptanceNOW, a nationwide pioneer in the operation of rent-to-own kiosks within third-party retail outlets, and a division of Rent-A-Center, announced that, beginning next month, it will be the exclusive no-credit-needed payment option for Rooms To Go. Get free access to your research report on RCII at:

http://stock-callers.com/registration/?symbol=RCII

--

Stock Callers: 

Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below. 

SC has not been compensated; directly or indirectly; for producing or publishing this document. 

PRESS RELEASE PROCEDURES:

The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@stock-callers.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.  

NO WARRANTY 

SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice. 

NOT AN OFFERING 

This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit

http://stock-callers.com/legal-disclaimer/

CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: info@stock-callers.com
Phone number:  +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.


SOURCE Chelmsford Park SA

Nachrichten zu Hertz Rental Carmehr Nachrichten

Keine Nachrichten verfügbar.

Analysen zu Hertz Rental Carmehr Analysen

Eintrag hinzufügen
Hinweis: Sie möchten dieses Wertpapier günstig handeln? Sparen Sie sich unnötige Gebühren! Bei finanzen.net Brokerage handeln Sie Ihre Wertpapiere für nur 5 Euro Orderprovision* pro Trade? Hier informieren!
Es ist ein Fehler aufgetreten!

Aktien in diesem Artikel

Avis Budget Group Inc. 102,75 -0,15% Avis Budget Group Inc.
United Rentals Inc. 808,20 -2,18% United Rentals Inc.
Upbound Group Inc Registered Shs 32,60 0,62% Upbound Group Inc Registered Shs