NEW YORK, August 22, 2017 /PRNewswire/ --
If you want a Stock Review on HTZ, CAR, RCII, or URI then come over to
http://dailystocktracker.com/register and sign up for your free customized report
today. DailyStockTracker.com has issued research reports on Hertz Global Holdings Inc.
(NYSE: HTZ), Avis Budget Group Inc. (NASDAQ: CAR), Rent-A-Center Inc. (NASDAQ: RCII), and
United Rentals Inc. (NYSE: URI). These companies belong to the Rental and Leasing Services
subsector, which includes two main types of establishments: those that are engaged in
renting consumer goods and equipment, and those that are engaged in leasing machinery and
equipment often used for business operations. Daily Stock Tracker published free research
reports on these stocks today at:
Estero, Florida-based Hertz Global Holdings Inc.'s shares gained 2.36%, closing
Monday's trading session at $17.36. The stock recorded a trading volume of 7.05 million
shares. The Company's shares have advanced 9.87% in the last month and 65.49% over the
previous three months. The stock is trading 27.10% above its 50-day moving average.
Additionally, shares of the Company, which engages in the vehicle rental business in North
America, Europe, Latin America, Africa, Asia, Australia, the Caribbean, the Middle East,
and New Zealand, have a Relative Strength Index (RSI) of 56.03.
On August 04th, 2017, research firm JP Morgan initiated a 'Neutral' rating on the
On August 08th, 2017, Hertz Global Holdings announced Q2 2017 financial results. Net
loss from continuing operations was $158 million, or $1.90 per diluted share, for the
quarter; and adjusted net loss was $52 million, or $0.63 per diluted share. For Q2 2017,
total revenues were $2.2 billion; loss from continuing operations before income taxes
was $245 million; and adjusted corporate EBITDA was $35 million. See our free and
comprehensive research report on HTZ at:
On Monday, shares in Parsippany, New Jersey headquartered Avis Budget Group Inc.
recorded a trading volume of 1.66 million shares. The stock rose 0.09%, ending the day at
$32.30. The Company's shares have surged 36.58% in the previous three months. The stock is
trading above its 50-day and 200-day moving averages by 10.88% and 0.67%, respectively.
Furthermore, shares of Avis Budget, which together with its subsidiaries, provides car and
truck rentals, car sharing, and ancillary services to businesses and consumers worldwide,
have an RSI of 53.47.
On August 04th, 2017, research firm JP Morgan initiated an 'Overweight' rating on the
On August 07th, 2017, Avis Budget reported results for its Q2 ended June 30th, 2017.
For the quarter, revenue was $2.2 billion; net income was $3 million; and adjusted EBITDA
was $140 million. The Company identified additional cost savings of $25 million, bringing
its total 2017 savings to $75 million. CAR free research report is just a click away at:
Plano, Texas headquartered Rent-A-Center Inc.'s stock finished the day 1.52% lower at
$12.31 with a total trading volume of 973,555 shares. The Company's shares have advanced
11.50% in the previous three months and 9.42% on an YTD basis. The stock is trading above
its 200-day moving average by 12.95%. Additionally, shares of Rent-A-Center, which
together with its subsidiaries, leases household durable goods to customers on a
rent-to-own basis, have an RSI of 41.92.
On August 03rd, 2017, Rent-A-Center announced that it is partnering with the largest
domestic hunger-relief organization, Feeding America, to raise $150,000 in one month -
Hunger Action Relief month this September. The new fundraising campaign, called "Fill the
Fridge," will benefit Feeding America's nationwide network of food banks. It will take
place in all of Rent-A-Center's Core US stores, its AcceptanceNOW kiosk locations in
third-party retailers, Rent-A-Center Franchising, Inc., and Home Choice and Get It Now!
stores in Wisconsin. Sign up for your complimentary report on RCII at:
Shares in Stamford, Connecticut headquartered United Rentals Inc. ended yesterday's
session 3.09% lower at $108.40. The stock recorded a trading volume of 1.36 million
shares. The Company's shares have advanced 2.67% since the start of this year. The stock
is trading 3.80% below its 200-day moving average. Moreover, shares of United Rentals,
which through its subsidiaries, operates as an equipment rental company, have an RSI of
On August 16th, 2017, United Rentals and Neff Corporation, operating as Neff Rental,
announced that they have entered into a definitive agreement under which the former will
acquire Neff for $25 per share in cash, representing a total purchase price of
approximately $1.3 billion. The transaction is expected to be immediately accretive to
cash EPS and free cash flow.
On August 18th, 2017, research firm Stifel upgraded the Company's stock rating from
'Hold' to 'Buy', with a target price of $133 per share. Register for free on
DailyStockTracker.com and download the latest research report on URI at:
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