How to Buy Herc Holdings Stock
Herc Holdings Inc
Herc Holdings is a rental & leasing service company located in Florida, United States, which is part of the Industrials sector, and is traded under the ticker HRI on the NYSE exchange.
Herc Holdings stock last closed at $150.77, down 1.15% from the previous day, and has increased 34.13% in one year. It has overperformed other stocks in the Rental & Leasing Services industry by 0.1 percentage points. Herc Holdings stock is currently +60.44% from its 52-week low of $93.97, and -11.83% from its 52-week high of $171.00.
At the moment, there are 28.32M HRI shares outstanding. The market capitalization of HRI is $4.27B. In the last 24 hours, 210,294 HRI shares were traded.
How to Buy Herc Holdings Stock
Wondering how to invest in Herc Holdings stock? Here's how.
- Figure out where to buy Herc Holdings stock: You need to pick a stock brokerage, but don't worry - we've researched dozens of online stock brokerages and apps to help you determine where to buy Herc Holdings stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Put funds into your brokerage account: Select your method of payment and add your information.
- Analyze Herc Holdings stock: The Herc Holdings ticker symbol is HRI. Is Herc Holdings stock a good investment? Should you buy shares of HRI? How do HRI's underlying business fundamentals look? Do top analysts think Herc Holdings is a good buy? Why has HRI's stock price moved recently? (Hint: Our stock analysis website can help you figure out if HRI is a good stock to buy).
- Place your HRI buy order: Decide if you will purchase HRI shares at the current market price or use a limit order to buy HRI shares at a specific price.
- Track your HRI investment: Create a watchlist to keep tabs on your position in Herc Holdings shares.
Step 1: Figure out where to buy Herc Holdings stock
You need a brokerage account in order to access the NYSE market and buy HRI stock.
Our recommended brokerage: eToro
Based on our experience, eToro is the best online stock brokerage. Here's why:
- You can invest in stocks with zero commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
- Access to world financial markets: From Tech to Real Estate, New York to London — you can fill your portfolio with stocks from the world's leading stock exchanges.
- Social investing: eToro boasts a community of more than 20 million users worldwide. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your share purchase by signing up for an account with eToro today.
Open eToro AccountStep 2: Open your brokerage account
Now that you've selected the best brokerage, you'll need to fill out some personal information so you can invest in HRI stock today.
How to Start a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to open your new trading account.
- Send your details by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you have created your account on one of the best stock trading apps, you need to deposit funds:
Check out this video walkthrough to see the process of transferring money into your brokerage account.
Step 4: Analyze Herc Holdings stock
Once you have figured out the best place to buy Herc Holdings stock, it's important to evaluate their stock prior to investing, so you actually comprehend the risk and opportunity.
Herc Holdings shares quick numbers
HRI Overview
WallStreetZen was created to help average investors do more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on HRI's stock page.
Is HRI stock undervalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge HRI's true value.
Using relative valuations metrics:
- HRI may be undervalued based on its P/E ratio of 12.38x, relative to Rental & Leasing Services industry P/E ratio of 14.82x
- HRI could be overvalued based on its P/B ratio of 3.35x, relative to Rental & Leasing Services industry P/B ratio of 2.21x
- HRI could be undervalued based on its PEG ratio of 0.45x
You can access additional valuation research on HRI's stock here.
A quick look at HRI Financials
Pros:
- Total HRI debt is lower than 5 years ago, relative to shareholder equity.
- HRI has $71.00M in cash and short term investments. This is enough to cover its annual cash burn of $50.00M.
- HRI has cash burn of 50000000. It has sufficient cash and short-term investments to cover this for at least one year.
- There are more short-term assets than short-term liabilities on the HRI balance sheet.
Cons:
- There are more long-term liabilities than short-term assets on the HRI balance sheet.
- HRI has a relatively high debt to equity ratio of 4.55.
- HRI profit margin has gone down from 12% to 10.6% in the past year.
Do analysts think it's a good time to buy HRI stock
Out of 3 Wall Street analysts who research HRI, the consensus analyst rating on Herc Holdings is a Strong Buy
It's important to note that analyst ratings are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are forecasting on the Herc Holdings stock forecast page.
HRI Momentum
HRI Growth Numbers
Last year, HRI earnings were $347.00M. During the past five year, HRI's earnings have gone up by 38.04% per year. This was faster than the Rental & Leasing Services industry average of 31.06%.
Last year, HRI revenue was $3.28B. During the last five year, HRI's revenue has grown by 10.67% per year. This was slower than the Rental & Leasing Services industry average of 11.78%.
Find out more about HRI's earnings and revenue performance here.
Latest Insiders Trades at HRI
In the past year, executives and large shareholders at HRI have sold more shares than they have bought.
Tamir Peres, SVPChief Information Officer of HRI, was the latest HRI insider to sell. They sold $564,009.50 worth of HRI shares on Mar 15, 2024.
Learn more about who owns HRI stock here.
Does HRI provide a stable income stream?
Herc Holdings pays a dividend of 1.7%, compared to the Rental & Leasing Services industry's average dividend yield of 2.58%. If you owned $1,000 worth of HRI stock, you would have received $17.00 last year.
Dig into more info about Herc Holdings dividend yield and history here.
What others are saying about HRI
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Place your HRI buy order
There are two main types of orders:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly sufficient. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a given dollar amount limit, place a limit order.
Click the Open Trade button and your broker will execute your order.
If you want additional info about investing in stocks on eToro, watch the how to video below:
Step 6: Track your HRI investment
Now that you own some HRI shares, you'll want to keep up with your investment.
Put HRI on a watchlist to keep track of your HRI stock.
HRI Feed
How to Buy Stock in Herc Holdings
To reiterate, here are the 6 steps you need to take to buy Herc Holdings stock right now:
- Figure out where to buy Herc Holdings stock
- Open your brokerage account
- Put funds into your brokerage account
- Analyze Herc Holdings stock
- Place your HRI buy order
- Track your HRI investment
If you need a online brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to keep tabs on your new investment in Herc Holdings, create your watchlist below.
Trending Content
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.