Herc Holdings Inc. (HRI) has disclosed a new risk, in the Corporate Activity and Growth category.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Herc Holdings Inc. faces a significant risk concerning the anticipated benefits from its acquisition of H&E. While the company expects to leverage synergies through the complementary footprint and fleet mix, the complexity of integrating operations poses challenges. If these benefits are not realized as planned, it could adversely affect Herc’s operational results, cash flows, and stock price, potentially causing earnings dilution and delaying accretive effects. The uncertainty surrounding the timely and efficient implementation of these synergies underscores a critical risk factor for the company.
The average HRI stock price target is $150.00, implying 8.19% upside potential.
To learn more about Herc Holdings Inc.’s risk factors, click here.