Hertz Global ( (HTZ) ) has issued an update.
On May 6, 2025, The Hertz Corporation announced an amendment to its credit agreement, extending the maturity date of $1.665 billion of its revolving credit facility to March 31, 2028, with certain additional limitations. Subsequently, on May 8, 2025, Hertz Vehicle Financing III LLC extended the commitment termination date for its Series 2021-A Variable Funding Rental Car Asset Backed Notes to May 7, 2027. Additionally, on May 9, 2025, Hertz’s affiliates amended their European ABS facility, extending the maturity date for €1.160 billion of Class A notes to April 30, 2027, impacting their vehicle fleet financing in several European countries.
Spark’s Take on HTZ Stock
According to Spark, TipRanks’ AI Analyst, HTZ is a Neutral.
Hertz Global’s overall stock score is influenced by significant financial challenges, including declining revenue and high leverage. Despite positive cash flow, the negative equity and profitability issues are concerning. Technical analysis indicates strong upward momentum, but caution is warranted due to overbought indicators. Valuation is weak, with a negative P/E ratio and no dividend yield. The earnings call outlines strategic improvements, but financial and cost challenges remain substantial.
To see Spark’s full report on HTZ stock, click here.
More about Hertz Global
Hertz Global operates in the vehicle rental industry, providing car rental services across various markets. The company focuses on offering a wide range of vehicles for rental to both individual and corporate customers.
Average Trading Volume: 17,076,573
Technical Sentiment Signal: Buy
Current Market Cap: $1.91B
For an in-depth examination of HTZ stock, go to TipRanks’ Stock Analysis page.