Rental & Leasing Services: Avis Budget Group (NASDAQ:CAR), Hertz Global Holdings (NYSE:HTZ), H&E Equipment Services (NASDAQ:HEES), CAI International Inc (NYSE:CAP), AMERCO (NASDAQ:UHAL)

Posted by on Jun 19, 2014

Why Avis Budget Group Inc. (NASDAQ:CAR) Could Beat Earnings Estimates Again? Consider Avis Budget Group, Inc., a firm in the Business Services sector, which could be a great candidate for another beat.   This company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. In fact, in these reports, CAR has beaten estimates by at least 25.0% in both cases, suggesting it has a nice short-term history of crushing expectations.  Avis Budget Group Inc. (NASDAQ:CAR) net profit margin is 0.80% and weekly performance is 0.33%. On last trading day company shares ended up $58.54. Analysts mean target price for the company is $54.17. Avis Budget Group Inc. (NASDAQ:CAR) distance from 50-day simple moving average (SMA50) is 7.41%.

 

Shares of Hertz Global Holdings, Inc. (NYSE:HTZ) are higher by on heavy volume in afternoon trading. The rental car company is looking to expand its business and is considering allowing its cars to be rented out via Uber and its rent-a-car app, Reuters reports.  Hertz Global Holdings, Inc. (NYSE:HTZ) shares advanced 4.81% in last trading session and ended the day on $28.33. HTZ Gross Margin is 46.90% and its return on assets is 2.80%. Hertz Global Holdings, Inc. (NYSE:HTZ) quarterly performance is 4.65%.

 

Effective June 16, 2014, H&E Equipment Services, Inc. (NASDAQ:HEES) has relocated its Sulphur, LA operation to its newly constructed facility at 2320 Louis Alleman Parkway. H&E Equipment Services, Inc. (NASDAQ:HEES) shares moved down -0.03% in last trading session and was closed at $35.75, while trading in range of $35.36 -$36.03. H&E Equipment Services, Inc. (NASDAQ:HEES) year to date (YTD) performance is 20.65%.

 

On June 13, CAI International Inc (NYSE:CAP) announced that it had completed the purchase of 200,000 shares of its common stock from its Founder and Chairman, Hiromitsu Ogawa.  CAI International Inc (NYSE:CAP) ended the last trading day at $21.82. Company weekly volatility is calculated as 1.73% and price to cash ratio as 12.10. CAI International Inc (NYSE:CAP) showed a negative weekly performance of -0.02%.

AMERCO (NASDAQ:UHAL) shares moved up 1.88% in last trading session and was closed at $286.00, while trading in range of $279.04 – $288.50. AMERCO (NASDAQ:UHAL) year to date (YTD) performance is 20.75%.

 

 

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