Should i invest in hertz stock now

## Should You Invest in Hertz Stock Now?

Hertz Global Holdings, Inc. (OTCMKTS: HTZGQ) is an American car rental company that was founded in 1918. The company has a fleet of over 510,000 vehicles and operates in more than 170 countries. Hertz filed for Chapter 11 bankruptcy protection in May 2020 due to the COVID-19 pandemic, but it emerged from bankruptcy in June 2021.

The company’s stock price has been volatile since it emerged from bankruptcy, and it is currently trading at around $20 per share. Some analysts believe that Hertz is a good investment at this price, while others are more cautious.

### Factors to Consider Before Investing in Hertz Stock

There are a number of factors to consider before investing in Hertz stock, including:

* **The company’s financial performance:** Hertz reported a net loss of $1.6 billion in 2020, but it swung to a net income of $1.9 billion in 2021. The company’s revenue increased by 45% in 2021, to $8.5 billion.
* **The company’s debt:** Hertz has a significant amount of debt, which could make it vulnerable to rising interest rates. The company’s total debt was $18.7 billion as of March 31, 2022.
* **The competitive landscape:** Hertz faces competition from a number of other car rental companies, including Enterprise Rent-A-Car, Avis Budget Group, and Sixt.
* **The impact of COVID-19:** The COVID-19 pandemic had a significant impact on Hertz’s business, but the company is starting to recover. The company’s revenue is expected to increase by 10% to 15% in 2022.

### Pros and Cons of Investing in Hertz Stock

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There are a number of pros and cons to investing in Hertz stock, including:

**Pros:**

* Hertz is a well-known and established brand.
* The company has a large fleet of vehicles and operates in a number of countries.
* The company’s revenue is expected to increase in 2022.

**Cons:**

* Hertz has a significant amount of debt.
* The company faces competition from a number of other car rental companies.
* The impact of COVID-19 on the travel industry is still uncertain.

### Conclusion

Hertz is a risky investment, but it could also be a rewarding one. The company is well-positioned to benefit from the recovery in the travel industry, and its stock price is relatively low. However, investors should be aware of the company’s debt and the competition it faces.

### Additional Information

* Hertz Global Holdings, Inc. website: https://www.hertz.com/
* Hertz Global Holdings, Inc. stock price: https://finance.yahoo.com/quote/HTZGQ?p=HTZGQ&.tsrc=fin-srch
* Hertz Global Holdings, Inc. financial statements: https://investor.hertz.com/financial-information/quarterly-results

## Frequently Asked Questions

**Q: Is Hertz a good investment?**

A: Hertz is a risky investment, but it could also be a rewarding one. The company is well-positioned to benefit from the recovery in the travel industry, and its stock price is relatively low. However, investors should be aware of the company’s debt and the competition it faces.

**Q: What is the target price for Hertz stock?**

A: The average target price for Hertz stock is $25.00, according to analysts.

**Q: Is Hertz stock overvalued?**

A: Hertz stock is currently trading at a price-to-sales ratio of 1.5, which is below the average for the car rental industry. This suggests that the stock is not overvalued.

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**Q: What is the short interest in Hertz stock?**

A: The short interest in Hertz stock is currently 10.5%, which is below the average for the car rental industry. This suggests that there is not a significant amount of bearish sentiment towards the stock.

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