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Herc Holdings Enhances Borrowing with Sixth Amendment

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Herc Holdings Enhances Borrowing with Sixth Amendment

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The latest update is out from Herc Holdings ( (HRI) ).

On August 29, 2025, Herc Rentals Inc. and its subsidiaries entered into a Sixth Amendment to their receivables financing agreement, which enhances borrowing availability and extends the maturity date to August 31, 2026. This amendment is part of their ongoing strategy to optimize financial operations and maintain flexibility in funding, potentially strengthening their market position and benefiting stakeholders.

The most recent analyst rating on (HRI) stock is a Hold with a $130.00 price target. To see the full list of analyst forecasts on Herc Holdings stock, see the HRI Stock Forecast page.

Spark’s Take on HRI Stock

According to Spark, TipRanks’ AI Analyst, HRI is a Neutral.

Herc Holdings’ overall stock score is primarily influenced by its mixed financial performance, with steady revenue growth but significant challenges in profitability and cash flow management. Technical indicators suggest a neutral trend, while the high P/E ratio raises valuation concerns. The positive sentiment from the earnings call and strategic actions like the Cinelease sale provide some optimism but are outweighed by the financial and valuation challenges.

To see Spark’s full report on HRI stock, click here.

More about Herc Holdings

Herc Rentals Inc., along with its subsidiaries, operates in the equipment rental industry, providing a wide range of equipment and services to various sectors.

Average Trading Volume: 508,303

Technical Sentiment Signal: Sell

Current Market Cap: $4.37B

See more data about HRI stock on TipRanks’ Stock Analysis page.

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