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Disney, Regional Theme Park Operators Pin Hopes On Fall Cheer Following Summer Doldrums. Will Stocks Get A Halloween Boost?
Saturday, September 23, 2023 - 5:15pm | 690Walt Disney Co. (NYSE:DIS) and other theme park operators, which have had lukewarm summer attendance, are gearing up to put the worst behind them and look ahead to the fall with optimism. What Happened: Disney, Cedar Fair L.P. (NYSE:FUN), which owns Dorney Park, Six Flags Entertainment Corp. (NYSE:...
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Hertz Is Among Most Attractive Ways To Play Travel Growth, Analyst Says — How EVs Could Add To The Story
Wednesday, February 8, 2023 - 5:04pm | 813Car rental company Hertz Global Holdings (NASDAQ: HTZ) saw shares trade higher Tuesday after reporting quarterly financial results. Here’s what one analyst has to say about the results and how electric vehicles could be helping the company. What Happened: Hertz Global reported fourth quarter...
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Royal Caribbean Sailing Higher After Upgrade
Wednesday, August 29, 2018 - 3:37pm | 331Royal Caribbean Cruises Ltd (NYSE: RCL) is sailing higher after an upgrade. The Analyst Deutsche Bank analyst Chris Woronka upgraded Royal Caribbean from Hold to Buy and raised his price target from $135 to $146. The Thesis: June marked a shift in sentiment for cruise line stocks and it became more...
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Analyst Stays Bullish On Hertz After Dismal Q2, Questions Remain
Wednesday, August 9, 2017 - 10:59am | 440Hertz Global Holdings, Inc. (NYSE: HTZ) shares jumped more than 18 percent on Wednesday morning despite the company reporting Q2 earnings and revenue misses. Investors weren’t the only ones that stayed bullish on Hertz following what appeared to be a lackluster quarter. MKM Partners analyst...
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Hertz Shares Up 80% In 17 Days; Analysts Break Down Industry Trends
Monday, July 17, 2017 - 3:34pm | 641Hertz Global Holdings, Inc (NYSE: HTZ) continued to outperform the market on Monday as shares rose 3 percent. With Monday’s price action, Hertz is now up over 80 percent in the last 17 days and up over 40 percent in the last week. What Could Have Caused This Surge? Macquarie analyst Hamzah...
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2 Stocks In The Struggling Rental Car Sector Are Surging This Week
Wednesday, June 14, 2017 - 2:13pm | 423As ride-sharing companies continue to become a larger player in the auto industry, rental car companies like Avis Budget Group Inc. (NASDAQ: CAR) and Hertz Global Holdings, Inc (NYSE: HTZ) have struggled. However, this week both stocks have surged over 10 percent following a couple of positive...
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Here's What Really Matters For Hertz
Tuesday, May 9, 2017 - 11:54am | 454Shares of Hertz Global Holdings, Inc (NYSE: HTZ) fell roughly 15 percent and hit a new all-time low of $11.78 on Tuesday. Investors and traders were reacting to the car rental's earnings report, which fell well short of expectations. Following the report, Chris Woronka of Deutsche Bank maintains a...
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'It Could Have Been Worse': The Best Way To Describe Hertz Q4 Results
Tuesday, February 28, 2017 - 2:50pm | 346Despite reporting wider-than-expected loss, Deutsche Bank said the fourth-quarter results of Hertz Global Holdings, Inc (NYSE: HTZ) were “not as bad as feared,” especially on the U.S pricing front. It seems investors too think on the same lines as shares have climbed more than 7 percent...
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Deutsche Bank Loses Confidence In Hertz, Downgrades Stock Amid 50% Drop
Tuesday, November 8, 2016 - 11:19am | 247Hertz Global Holdings, Inc (NYSE: HTZ) reported poor Q3 results and reduced its FY 2016 guidance. The stock may come under pressure, reflecting “a newfound lack of confidence in earnings visibility and the company’s ability to provide achievable guidance,” Deutsche Bank’...
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Deutsche Bank Cuts Targets On Avis, Hertz Ahead Of Q1 Results
Tuesday, May 3, 2016 - 1:07pm | 503Deutsche Bank said car rental operators Avis Budget Group Inc. (NASDAQ: CAR) and Hertz Global Holdings Inc (NYSE: HTZ) may report first-quarter results below consensus on weak pricing trends. A Look At Avis And Hertz Avis Budget is expected to report its quarterly numbers on May 3 after market...
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Is Avis A Buy Now?
Thursday, February 25, 2016 - 11:44am | 595Avis Budget Group Inc. (NASDAQ: CAR) reported broadly in-line 4Q results, while announcing its 2016 guidance short of consensus expectations. The company reported adj. EPS of $0.18, ahead of the Street's $0.17, mainly on account of lower interest expense. Americas pricing declined about 1...
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Deutsche Bank Called Hertz Spike 2 Days Early
Friday, July 17, 2015 - 10:34am | 333Shares of car rental company Hertz Global Holdings Inc (NYSE: HTZ) are surging 12 percent on Friday following the company’s restatement of more than two years of financial results. The company’s 10k filing provided some clarity to the market, and many investors seem to think that...
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Asset Sales On Track At Starwood Hotels & Resorts, Says Deutsche Bank
Tuesday, June 9, 2015 - 2:09pm | 297With the $400 million sale of its Phoenician hotel in Arizona, Starwood Hotels & Resorts Worldwide Inc (NYSE: HOT) is on track to lower its debt ratio, an analyst said Tuesday. Starwood is in the midst of a review of its strategic options, and traded recently at $82.53, off $0.18....
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UPDATE: Deutsche Bank Downgrades Hertz Global Due To Accounting Complications
Wednesday, August 20, 2014 - 11:57am | 106In a report released Wednesday, Deutsche Bank analyst Chris Woronka downgraded Hertz Global (NYSE: HTZ) from Buy to Hold, while reducing its price target from $33 to $25. The downgrade was due to completions of the the company's accounting review influencing Hertz to reduce its full year...
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Deutsche Bank Raises FelCor Lodging Trust (FCH) Price Target
Wednesday, June 9, 2010 - 8:38am | 191Deutsche Bank Securities analysts Chris Woronka and Tim Wengerd issued a company alert for FelCor Lodging Trust Inc (NYSE: FCH). The analysts noted that FelCor Lodging Trust Inc was pre-paying $177 million of its debt at a 27% discount, which will reduce the company's interest expenses. The...