Herc Holdings Inc. (HRI) was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company—as the stock is now down 14% in the past one-month time frame.
The company has seen two negative estimate revisions in the past two months, while its Zacks Consensus Estimate for the current quarter has also moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.
Herc Holdings currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Herc Holdings Inc. Price and Consensus
A better-ranked stock in the Transportation - Equipment and Leasing industry is Trinity Industries, Inc. (TRN - Free Report) , which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is HRI going up? Or down? Predict to see what others think:Up or Down
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