Herc Inventory Turnover vs Dividend Yield Analysis
| HRI Stock | USD 151.27 1.26 0.83% |
Herc Holdings financial indicator trend analysis is much more than just examining Herc Holdings latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Herc Holdings is a good investment. Please check the relationship between Herc Holdings Inventory Turnover and its Dividend Yield accounts. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Herc Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in Herc Stock please use our How to Invest in Herc Holdings guide.
Inventory Turnover vs Dividend Yield
Inventory Turnover vs Dividend Yield Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Herc Holdings Inventory Turnover account and Dividend Yield. At this time, the significance of the direction appears to have significant contrarian relationship.
The correlation between Herc Holdings' Inventory Turnover and Dividend Yield is -0.26. Overlapping area represents the amount of variation of Inventory Turnover that can explain the historical movement of Dividend Yield in the same time period over historical financial statements of Herc Holdings, assuming nothing else is changed. The correlation between historical values of Herc Holdings' Inventory Turnover and Dividend Yield is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Inventory Turnover of Herc Holdings are associated (or correlated) with its Dividend Yield. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Dividend Yield has no effect on the direction of Inventory Turnover i.e., Herc Holdings' Inventory Turnover and Dividend Yield go up and down completely randomly.
Correlation Coefficient | -0.26 |
| Relationship Direction | Negative |
| Relationship Strength | Insignificant |
Inventory Turnover
A ratio showing how many times a company's inventory is sold and replaced over a period, indicating the efficiency of inventory management.Dividend Yield
Dividend Yield is Herc Holdings dividend as a percentage of Herc Holdings stock price. Herc Holdings dividend yield is a measure of Herc Holdings stock productivity, which can be interpreted as interest rate earned on an Herc Holdings investment. A financial ratio that shows how much a company pays out in dividends each year relative to its stock price, calculated as annual dividends per share divided by price per share.Most indicators from Herc Holdings' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Herc Holdings current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Herc Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in Herc Stock please use our How to Invest in Herc Holdings guide.As of now, Herc Holdings' Enterprise Value Over EBITDA is increasing as compared to previous years. The Herc Holdings' current Enterprise Value Multiple is estimated to increase to 6.41, while Issuance Of Capital Stock is projected to decrease to under 1.6 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Operating Income | 379.9M | 558.9M | 663M | 629.9M | Other Operating Expenses | 1.7B | 2.2B | 2.6B | 2.5B |
Herc Holdings fundamental ratios Correlations
Click cells to compare fundamentals
Herc Holdings Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Herc Holdings fundamental ratios Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 3.8B | 3.6B | 4.5B | 6.0B | 7.5B | 7.1B | |
| Total Current Liabilities | 323.1M | 328M | 529.9M | 604M | 508M | 482.6M | |
| Total Stockholder Equity | 644.3M | 742M | 976.9M | 1.1B | 1.3B | 1.2B | |
| Property Plant And Equipment Net | 3.0B | 2.8B | 3.4B | 4.4B | 5.0B | 4.7B | |
| Net Debt | 2.4B | 2.0B | 2.4B | 3.6B | 4.4B | 4.6B | |
| Retained Earnings | (351.2M) | (277.5M) | (53.4M) | 224.1M | 498M | 522.9M | |
| Accounts Payable | 126.5M | 125.8M | 280.6M | 318.3M | 212M | 201.4M | |
| Non Current Assets Total | 3.4B | 3.2B | 4.0B | 5.3B | 6.7B | 6.4B | |
| Other Assets | 2.5B | 2.5B | 2.7B | 34.1M | 30.7M | 29.2M | |
| Net Receivables | 306.7M | 301.2M | 388.1M | 522.5M | 563M | 534.9M | |
| Good Will | 385.1M | 396.4M | 231.5M | 418.7M | 483M | 458.9M | |
| Common Stock Shares Outstanding | 29.1M | 29.4M | 30.4M | 30.2M | 28.7M | 27.3M | |
| Liabilities And Stockholders Equity | 3.8B | 3.6B | 4.5B | 6.0B | 7.5B | 7.1B | |
| Non Current Liabilities Total | 2.8B | 2.5B | 3.0B | 4.2B | 5.7B | 5.4B | |
| Other Stockholder Equity | 1.1B | 1.1B | 1.1B | 1.0B | 893M | 848.4M | |
| Total Liab | 3.2B | 2.8B | 3.5B | 4.8B | 6.2B | 5.9B | |
| Total Current Assets | 399.7M | 367.1M | 469.7M | 643.5M | 732M | 695.4M | |
| Accumulated Other Comprehensive Income | (109.7M) | (107M) | (100.2M) | (128.5M) | (118M) | (112.1M) | |
| Intangible Assets | 291.5M | 295.9M | 388.7M | 431.4M | 467M | 443.7M | |
| Other Current Liab | 124.4M | 140.8M | 181.7M | 208.3M | 222M | 142.0M | |
| Net Tangible Assets | 259.2M | 345.6M | 356.7M | 258.6M | 297.4M | 312.3M | |
| Non Currrent Assets Other | 23.1M | 18.2M | 13.1M | 34.1M | 418M | 438.9M | |
| Long Term Debt | 2.1B | 1.6B | 1.9B | 2.9B | 3.7B | 3.9B | |
| Retained Earnings Total Equity | (351.2M) | (277.5M) | (53.4M) | 224.1M | 257.7M | 270.6M | |
| Capital Surpluse | 1.8B | 1.8B | 1.8B | 1.8B | 1.6B | 1.9B | |
| Deferred Long Term Liab | 576.9M | 474M | 536.8M | 646.5M | 581.9M | 1.0B | |
| Property Plant And Equipment Gross | 3.0B | 2.8B | 3.4B | 4.4B | 7.3B | 7.7B | |
| Short Term Debt | 60.9M | 47.9M | 53.9M | 58M | 56M | 53.2M | |
| Property Plant Equipment | 311.8M | 2.3B | 2.7B | 3.5B | 4.0B | 4.2B | |
| Short Long Term Debt Total | 2.4B | 2.0B | 2.5B | 3.6B | 4.5B | 2.5B | |
| Current Deferred Revenue | 11.3M | 13.5M | 13.7M | 19.4M | 18M | 14.9M | |
| Other Current Assets | 60M | 32.9M | 46.5M | 67.5M | 98M | 57.1M | |
| Other Liab | 498.3M | 518.3M | 568.9M | 686.7M | 789.7M | 583.8M |
Herc Holdings Investors Sentiment
The influence of Herc Holdings' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Herc. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Herc Holdings' public news can be used to forecast risks associated with an investment in Herc. The trend in average sentiment can be used to explain how an investor holding Herc can time the market purely based on public headlines and social activities around Herc Holdings. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Herc Holdings' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Herc Holdings' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Herc Holdings' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Herc Holdings.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Herc Holdings in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Herc Holdings' short interest history, or implied volatility extrapolated from Herc Holdings options trading.
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Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Herc Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in Herc Stock please use our How to Invest in Herc Holdings guide.You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
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When running Herc Holdings' price analysis, check to measure Herc Holdings' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Herc Holdings is operating at the current time. Most of Herc Holdings' value examination focuses on studying past and present price action to predict the probability of Herc Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Herc Holdings' price. Additionally, you may evaluate how the addition of Herc Holdings to your portfolios can decrease your overall portfolio volatility.
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Is Herc Holdings' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Herc Holdings. If investors know Herc will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Herc Holdings listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.02) | Dividend Share 2.53 | Earnings Share 12.09 | Revenue Per Share 115.158 | Quarterly Revenue Growth 0.057 |
The market value of Herc Holdings is measured differently than its book value, which is the value of Herc that is recorded on the company's balance sheet. Investors also form their own opinion of Herc Holdings' value that differs from its market value or its book value, called intrinsic value, which is Herc Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Herc Holdings' market value can be influenced by many factors that don't directly affect Herc Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Herc Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Herc Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Herc Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.