Hertz Global Holdings - CW51 | 8-K: FY2025 Q3 Revenue: USD 2.478 B

BUZZ-Hertz launches online car buying platform, shares up

Shares of car rental firm Hertz Globalup 2.3% at $7 in morning tradeCo says customers can browse, finance and purchase vehicles entirely onlineCo shifts from an online catalog model into a full-service e-commerce platformLast month, HTZ partnered with Amazon Autos to sell used vehicles onlineMedian PT of 10 brokerages covering the stock is $3.55 - data compiled by LSEGAs of last close, stock up 87% YTD

Hertz Global Holdings Completes $425 Million Offering of 5.5% Exchangeable Senior Notes Due 2030

Hertz Global Holdings Inc. has completed a $425 million offering of 5.5% Exchangeable Senior Notes due 2030. This includes a full exercise of an additional $50 million option. The notes, issued at par, will mature in 2030 and bear interest payable semi-annually. They are guaranteed by Hertz Global Holdings and certain subsidiaries, and can be exchanged for cash or stock. The company may redeem the notes after October 6, 2028.

Hertz Upsizes Exchangeable Senior Notes Offering to $375 Million

Hertz Global Holdings Inc. has upsized its private offering of 5.500% Exchangeable Senior Notes due 2030 to $375 million, increased from $250 million. The offering is expected to close around September 29, 2025. Hertz anticipates net proceeds of approximately $360.13 million, which will be used for capped call transactions, redeeming outstanding Senior Notes due 2026, and general corporate purposes. The Notes will be guaranteed by Hertz Global Holdings and its subsidiaries.

Hertz Global Holdings, Inc. (NASDAQ:HTZ) Not Doing Enough For Some Investors As Its Shares Slump 25%

Hertz Global Holdings, Inc. (NASDAQ:HTZ) has seen a 25% drop in share price over the last month, despite a 62% increase over the past year. The company's price-to-sales (P/S) ratio stands at 0.2x, significantly lower than the industry average, indicating potential undervaluation. However, revenue has declined by 7.6% over the past year, with forecasts predicting a further 0.8% decrease next year, contrasting with the industry's expected 8.3% growth. This weak revenue outlook contributes to the low P/S ratio, suggesting limited potential for share price recovery without significant improvement in revenue growth.