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Herc Holdings ( (HRI) ) just unveiled an announcement.
On July 31, 2025, Herc Holdings Inc. completed the sale of its Cinelease studio entertainment and lighting and grip equipment rental business to Zello, a private investment platform, for an initial cash consideration of $100 million. The proceeds from this sale will be used by Herc to repay indebtedness incurred under its credit facility, potentially improving its financial position.
The most recent analyst rating on (HRI) stock is a Hold with a $200.00 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 faces a mixed outlook with strong revenue growth and operational efficiencies overshadowed by high valuation concerns and profitability pressures. The successful integration of H&E Equipment Services offers a strategic advantage, while technical indicators suggest caution. The stock’s valuation and bearish technical signals weigh heavily on the overall score, despite positive corporate events and balanced earnings guidance.
To see Spark’s full report on HRI stock, click here.
More about Herc Holdings
Average Trading Volume: 542,583
Technical Sentiment Signal: Sell
Current Market Cap: $3.81B
See more data about HRI stock on TipRanks’ Stock Analysis page.