Herc (HRI) Stock Forecast, Price Target & Predictions
HRI Stock Forecast
Herc stock forecast is as follows: an average price target of $208.50 (represents a 11.30% upside from HRI’s last price of $187.33) and a rating consensus of 'Buy', based on 4 wall street analysts offering a 1-year stock forecast.
HRI Price Target
The average price target for Herc (HRI) is $208.50 based on 1-year price targets from 4 Wall Street analysts in the past 3 months, with a price target range of $267.00 to $150.00. This represents a potential 11.30% upside from HRI's last price of $187.33.
HRI Analyst Ratings
According to 4 Wall Street analysts, Herc's rating consensus is 'Buy'. The analyst rating breakdown for HRI stock is 0 'Strong Buy' (0.00%), 4 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Herc Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 23, 2024 | Sherif El-Sabbahy | Bank of America Securities | $150.00 | $198.60 | -24.47% | -19.93% |
| Oct 22, 2024 | Fresh Pick | Robert W. Baird | $267.00 | $193.74 | 37.81% | 42.53% |
| Aug 22, 2022 | Ken Newman | KeyBanc | $165.00 | $117.39 | 40.56% | -11.92% |
| Apr 22, 2022 | Wells Fargo | $207.00 | $139.90 | 47.97% | 10.50% | |
| Dec 21, 2021 | Mircea Dobre | Robert W. Baird | $161.00 | $154.49 | 4.21% | -14.06% |
The latest Herc stock forecast, released on Oct 23, 2024 by Sherif El-Sabbahy from Bank of America Securities, set a price target of $150.00, which represents a -24.47% decrease from the stock price at the time of the forecast ($198.60), and a -19.93% decrease from HRI last price ($187.33).
Herc Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | 2 | 2 |
| Avg Price Target | - | $208.50 | $208.50 |
| Last Closing Price | $187.33 | $187.33 | $187.33 |
| Upside/Downside | -100.00% | 11.30% | 11.30% |
In the current month, the average price target of Herc stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Herc's last price of $187.33. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 23, 2024 | Bank of America Securities | Underperform | Underperform | Hold |
| Oct 23, 2024 | Barclays | Overweight | Overweight | Hold |
| Apr 24, 2024 | Bank of America Securities | Underperform | Underperform | Hold |
| Apr 10, 2023 | Credit Suisse | Overweight | Overweight | Hold |
| Jan 13, 2023 | Barclays | Overweight | Overweight | Hold |
| Aug 22, 2022 | KeyBanc | Overweight | Overweight | Hold |
| Jun 23, 2022 | Goldman Sachs | Buy | Buy | Hold |
Herc's last stock rating was published by Bank of America Securities on Oct 23, 2024. The company gave HRI a "Underperform" rating, the same as its previous rate.
Herc Financial Forecast
Herc Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $831.00M | - | $802.00M | $740.00M | $786.00M | $745.10M | $640.40M | $567.30M | $578.00M | $550.40M | $490.90M | $453.80M | $520.40M | $456.70M | $368.00M | $436.20M | $540.10M | $508.10M |
| Avg Forecast | $1.04B | $995.00M | $926.60M | $888.40M | $962.90M | $997.07M | $893.06M | $850.80M | $929.56M | $931.33M | $835.65M | $782.85M | $862.43M | $893.56M | $811.48M | $728.86M | $773.27M | $725.41M | $630.07M | $552.77M | $582.74M | $554.62M | $459.92M | $418.91M | $497.61M | $433.51M | $358.72M | $461.74M | $553.59M | $540.19M |
| High Forecast | $1.05B | $1.01B | $940.10M | $901.34M | $976.92M | $1.01B | $906.07M | $863.19M | $943.09M | $933.92M | $835.65M | $782.85M | $874.99M | $922.69M | $823.29M | $739.48M | $784.54M | $725.41M | $630.07M | $552.77M | $582.74M | $554.62M | $459.92M | $418.91M | $497.61M | $433.51M | $358.72M | $461.74M | $553.59M | $540.19M |
| Low Forecast | $1.01B | $971.02M | $904.27M | $866.99M | $939.69M | $973.04M | $871.54M | $830.30M | $907.15M | $928.74M | $835.65M | $782.85M | $841.64M | $872.57M | $791.92M | $711.30M | $754.64M | $725.41M | $630.07M | $552.77M | $582.74M | $554.62M | $459.92M | $418.91M | $497.61M | $433.51M | $358.72M | $461.74M | $553.59M | $540.19M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 1 | 1 | 9 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 4 | 6 | 4 | 4 | 7 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.96% | - | 0.99% | 1.02% | 1.02% | 1.03% | 1.02% | 1.03% | 0.99% | 0.99% | 1.07% | 1.08% | 1.05% | 1.05% | 1.03% | 0.94% | 0.98% | 0.94% |
Herc's average Quarter revenue forecast for Mar 24 based on 1 analysts is $782.85M, with a low forecast of $782.85M, and a high forecast of $782.85M. HRI's average Quarter revenue forecast represents a -5.79% decrease compared to the company's last Quarter revenue of $831.00M (Dec 23).
Herc EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 1 | 1 | 9 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 4 | 6 | 4 | 4 | 7 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $150.00M | - | $131.00M | $301.00M | $202.80M | $333.70M | $275.60M | $229.60M | $150.20M | $240.00M | $199.90M | $178.70M | $183.20M | $191.40M | $140.50M | $138.00M | $202.30M | $204.70M |
| Avg Forecast | $410.43M | $393.92M | $366.84M | $351.72M | $381.21M | $394.74M | $353.56M | $336.83M | $368.01M | $368.71M | $330.83M | $279.23M | $341.43M | $353.76M | $321.26M | $253.85M | $172.90M | $293.25M | $254.71M | $230.77M | $235.58M | $224.21M | $185.93M | $385.99M | $201.16M | $175.25M | $145.02M | $272.06M | $223.79M | $218.38M |
| High Forecast | $416.41M | $399.66M | $372.18M | $356.84M | $386.76M | $400.49M | $358.71M | $341.74M | $373.37M | $369.74M | $330.83M | $335.08M | $346.41M | $365.29M | $325.94M | $304.62M | $207.49M | $293.25M | $254.71M | $276.93M | $235.58M | $224.21M | $185.93M | $463.19M | $201.16M | $175.25M | $145.02M | $326.47M | $223.79M | $218.38M |
| Low Forecast | $400.54M | $384.43M | $358.00M | $343.24M | $372.02M | $385.22M | $345.04M | $328.71M | $359.14M | $367.69M | $330.83M | $223.39M | $333.20M | $345.45M | $313.52M | $203.08M | $138.32M | $293.25M | $254.71M | $184.62M | $235.58M | $224.21M | $185.93M | $308.79M | $201.16M | $175.25M | $145.02M | $217.65M | $223.79M | $218.38M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.44% | - | 0.41% | 1.19% | 1.17% | 1.14% | 1.08% | 0.99% | 0.64% | 1.07% | 1.08% | 0.46% | 0.91% | 1.09% | 0.97% | 0.51% | 0.90% | 0.94% |
1 analysts predict HRI's average Quarter EBITDA for Mar 24 to be $279.23M, with a high of $335.08M and a low of $223.39M. This is 86.16% upper than Herc's previous annual EBITDA (Dec 23) of $150.00M.
Herc Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 1 | 1 | 9 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 4 | 6 | 4 | 4 | 7 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $91.00M | - | $130.00M | $67.00M | $97.80M | $101.40M | $72.20M | $58.50M | $110.00M | $72.30M | $47.10M | $32.90M | $35.50M | $39.90M | $2.00M | $-3.70M | $35.10M | $9.40M |
| Avg Forecast | $172.71M | $158.18M | $89.49M | $83.51M | $125.29M | $138.27M | $84.36M | $70.20M | $112.23M | $127.58M | $82.95M | $71.15M | $98.72M | $117.84M | $88.70M | $64.68M | $81.73M | $100.51M | $74.67M | $58.80M | $68.90M | $67.44M | $35.34M | $71.06M | $29.32M | $23.19M | $-16.96M | $-7.29M | $48.12M | $50.20M |
| High Forecast | $175.98M | $161.17M | $91.18M | $85.09M | $127.66M | $140.89M | $85.96M | $71.53M | $113.80M | $129.03M | $82.95M | $85.38M | $100.52M | $128.63M | $90.38M | $77.61M | $98.08M | $100.51M | $74.67M | $70.56M | $68.90M | $67.44M | $35.34M | $85.28M | $29.32M | $23.19M | $-16.96M | $-5.84M | $48.12M | $50.20M |
| Low Forecast | $167.30M | $153.22M | $86.69M | $80.89M | $121.36M | $133.94M | $81.72M | $68.01M | $110.65M | $126.13M | $82.94M | $56.92M | $96.92M | $103.36M | $85.92M | $51.74M | $65.39M | $100.51M | $74.67M | $47.04M | $68.90M | $67.44M | $35.34M | $56.85M | $29.32M | $23.19M | $-16.96M | $-8.75M | $48.12M | $50.20M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.92% | - | 1.47% | 1.04% | 1.20% | 1.01% | 0.97% | 0.99% | 1.60% | 1.07% | 1.33% | 0.46% | 1.21% | 1.72% | -0.12% | 0.51% | 0.73% | 0.19% |
Herc's average Quarter net income forecast for Mar 24 is $71.15M, with a range of $56.92M to $85.38M. HRI's average Quarter net income forecast represents a -21.82% decrease compared to the company's last Quarter net income of $91.00M (Dec 23).
Herc SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 1 | 1 | 9 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 4 | 6 | 4 | 4 | 7 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $116.00M | - | $111.00M | $106.00M | $112.20M | $111.50M | $97.00M | $89.40M | $89.00M | $81.50M | $74.00M | $65.50M | $69.80M | $61.00M | $56.80M | $69.80M | $73.60M | $76.20M |
| Avg Forecast | $150.97M | $144.90M | $134.94M | $129.37M | $140.22M | $145.20M | $130.05M | $123.90M | $135.37M | $135.63M | $121.69M | $108.73M | $125.59M | $130.13M | $118.17M | $98.84M | $102.45M | $105.64M | $91.76M | $89.86M | $84.86M | $80.77M | $66.98M | $141.48M | $72.47M | $63.13M | $52.24M | $137.61M | $80.62M | $78.67M |
| High Forecast | $153.17M | $147.01M | $136.90M | $131.26M | $142.27M | $147.31M | $131.95M | $125.70M | $137.34M | $136.00M | $121.69M | $130.47M | $127.42M | $134.37M | $119.89M | $118.61M | $122.94M | $105.64M | $91.76M | $107.83M | $84.86M | $80.77M | $66.98M | $169.78M | $72.47M | $63.13M | $52.24M | $165.13M | $80.62M | $78.67M |
| Low Forecast | $147.33M | $141.41M | $131.69M | $126.26M | $136.84M | $141.70M | $126.92M | $120.91M | $132.11M | $135.25M | $121.69M | $86.98M | $122.57M | $127.07M | $115.32M | $79.07M | $81.96M | $105.64M | $91.76M | $71.88M | $84.86M | $80.77M | $66.98M | $113.18M | $72.47M | $63.13M | $52.24M | $110.08M | $80.62M | $78.67M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.92% | - | 0.94% | 1.07% | 1.10% | 1.06% | 1.06% | 0.99% | 1.05% | 1.01% | 1.10% | 0.46% | 0.96% | 0.97% | 1.09% | 0.51% | 0.91% | 0.97% |
Herc's average Quarter SG&A projection for Mar 24 is $108.73M, based on 1 Wall Street analysts, with a range of $86.98M to $130.47M. The forecast indicates a -6.27% fall compared to HRI last annual SG&A of $116.00M (Dec 23).
Herc EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 4 | 2 | 1 | 1 | 1 | 9 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 | 4 | 6 | 4 | 4 | 7 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $3.23 | - | $4.58 | $2.31 | $3.33 | $3.41 | $2.42 | $1.96 | $3.70 | $2.44 | $1.59 | $1.12 | $1.22 | $1.37 | $0.07 | $-0.13 | $1.22 | $0.33 |
| Avg Forecast | $6.06 | $5.55 | $3.14 | $2.93 | $4.40 | $4.85 | $2.96 | $2.46 | $3.94 | $4.48 | $2.91 | $2.15 | $3.46 | $4.13 | $3.11 | $2.14 | $3.56 | $3.53 | $2.62 | $1.93 | $2.42 | $2.37 | $1.24 | $0.25 | $1.03 | $0.81 | $-0.59 | $-0.24 | $1.69 | $1.76 |
| High Forecast | $6.17 | $5.66 | $3.20 | $2.99 | $4.48 | $4.94 | $3.02 | $2.51 | $3.99 | $4.53 | $2.91 | $2.15 | $3.53 | $4.51 | $3.17 | $2.18 | $3.63 | $3.53 | $2.62 | $1.93 | $2.42 | $2.37 | $1.24 | $0.25 | $1.03 | $0.81 | $-0.59 | $-0.24 | $1.69 | $1.76 |
| Low Forecast | $5.87 | $5.38 | $3.04 | $2.84 | $4.26 | $4.70 | $2.87 | $2.39 | $3.88 | $4.43 | $2.91 | $2.15 | $3.40 | $3.63 | $3.01 | $2.08 | $3.45 | $3.53 | $2.62 | $1.93 | $2.42 | $2.37 | $1.24 | $0.25 | $1.03 | $0.81 | $-0.59 | $-0.24 | $1.69 | $1.76 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.93% | - | 1.47% | 1.08% | 0.94% | 0.97% | 0.92% | 1.02% | 1.53% | 1.03% | 1.28% | 4.46% | 1.19% | 1.68% | -0.12% | 0.53% | 0.72% | 0.19% |
According to 1 Wall Street analysts, Herc's projected average Quarter EPS for Mar 24 is $2.15, with a low estimate of $2.15 and a high estimate of $2.15. This represents a -33.46% decrease compared to HRI previous annual EPS of $3.23 (Dec 23).
Herc Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| CTOS | Custom Truck One Source | $5.08 | $6.67 | 31.30% | Buy |
| ALTG | Alta Equipment Group | $7.04 | $9.00 | 27.84% | Hold |
| PRG | PROG | $43.90 | $54.00 | 23.01% | Buy |
| AL | Air Lease | $49.08 | $59.50 | 21.23% | Buy |
| GATX | GATX | $161.11 | $185.00 | 14.83% | Hold |
| HEES | H&E Equipment Services | $53.20 | $58.00 | 9.02% | Buy |
| HRI | Herc | $195.00 | $208.50 | 6.92% | Buy |
| MGRC | McGrath RentCorp | $118.50 | $120.00 | 1.27% | Buy |
| AAN | Aaron's Company | $10.09 | $10.00 | -0.89% | Hold |