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Fly News Breaks for August 7, 2018
HTZ
Aug 7, 2018 | 09:30 EDT
Morgan Stanley analyst Adam Jonas said lower fleet cost "saved the quarter" for Hertz, but he does not expect that to last. The analyst, who notes there is still no guidance from the company, remains cautious on the transportation network company business and still sees Hertz having a secularly challenged business model, exposure to rising rates, and high leverage. He keeps an Underweight rating on Hertz shares.
News For HTZ From the Last 2 Days
HTZ
Mar 26, 2024 | 13:26 EDT
Bullish option flow detected in Hertz Global Holdings with 5,354 calls trading, 3x expected, and implied vol increasing over 4 points to 63.40%. Jun-24 10 calls and Apr-24 7.5 calls are the most active options, with total volume in those strikes near 3,700 contracts. The Put/Call Ratio is 0.06. Earnings are expected on April 25th.