Herc Holdings Inc. (HRI) Analysts See $0.34 EPS; First Pacific Advisors Has Increased Its Patterson (PTEN) Holding

February 13, 2018 - By Jonathan Benavides

Analysts expect Herc Holdings Inc. (NYSE:HRI) to report $0.34 EPS on March, 7.They anticipate $0.42 EPS change or 525.00% from last quarter’s $-0.08 EPS. HRI’s profit would be $9.64 million giving it 42.31 P/E if the $0.34 EPS is correct. After having $0.45 EPS previously, Herc Holdings Inc.’s analysts see -24.44% EPS growth. The stock decreased 2.94% or $1.74 during the last trading session, reaching $57.54. About 14,344 shares traded. Herc Holdings Inc. (NYSE:HRI) has risen 37.78% since February 13, 2017 and is uptrending. It has outperformed by 21.08% the S&P500.

First Pacific Advisors Llc increased Patterson (PTEN) stake by 2.55% reported in 2017Q3 SEC filing. First Pacific Advisors Llc acquired 44,850 shares as Patterson (PTEN)’s stock declined 16.81%. The First Pacific Advisors Llc holds 1.80M shares with $37.79M value, up from 1.76M last quarter. Patterson now has $3.91 billion valuation. The stock decreased 3.25% or $0.59 during the last trading session, reaching $17.56. About 688,421 shares traded. Patterson-UTI Energy, Inc. (NASDAQ:PTEN) has risen 32.91% since February 13, 2017 and is uptrending. It has outperformed by 16.21% the S&P500.

Among 5 analysts covering Herc Holdings Inc. Common Stock (NYSE:HRI), 2 have Buy rating, 0 Sell and 3 Hold. Therefore 40% are positive. Herc Holdings Inc. Common Stock had 11 analyst reports since July 6, 2016 according to SRatingsIntel. The stock of Herc Holdings Inc. (NYSE:HRI) earned “Neutral” rating by Northcoast on Tuesday, December 19. On Tuesday, September 12 the stock rating was maintained by KeyBanc Capital Markets with “Buy”. KeyBanc Capital Markets upgraded the shares of HRI in report on Monday, April 10 to “Overweight” rating. The firm has “Overweight” rating by KeyCorp given on Tuesday, April 11. The rating was initiated by Jefferies on Tuesday, November 29 with “Hold”. The stock of Herc Holdings Inc. (NYSE:HRI) earned “Sector Weight” rating by KeyBanc Capital Markets on Wednesday, July 6. The stock of Herc Holdings Inc. (NYSE:HRI) earned “Neutral” rating by Goldman Sachs on Friday, December 9. The firm has “Neutral” rating given on Tuesday, February 7 by Northcoast. The firm earned “Buy” rating on Monday, December 5 by Northcoast. Northcoast upgraded the stock to “Buy” rating in Friday, April 7 report.

Herc Holdings Inc., together with its subsidiaries, operates as an equipment rental supplier. The company has market cap of $1.63 billion. It rents aerial, earthmoving, material handling, trucks and trailers, air compressors, compaction, and lighting equipment, as well as generators, and safety supplies and expendables; and provides ProSolutions, an industry specific solution based service that supports specialty equipment, such as pumping solutions, power generation, climate control, remediation, and studio and production equipment. It currently has negative earnings. The firm also sells used equipment and contractor supplies, such as construction consumables, tools, small equipment, and safety supplies; provides repair, maintenance, and equipment management services, as well as offers ancillary services, such as equipment transport, rental protection, cleaning, refueling, and labor.

Among 31 analysts covering Patterson-UTI Energy Inc (NASDAQ:PTEN), 22 have Buy rating, 0 Sell and 9 Hold. Therefore 71% are positive. Patterson-UTI Energy Inc had 105 analyst reports since July 28, 2015 according to SRatingsIntel. The rating was maintained by Piper Jaffray on Thursday, October 12 with “Buy”. Simmons & Co upgraded Patterson-UTI Energy, Inc. (NASDAQ:PTEN) on Wednesday, June 29 to “Overweight” rating. Cowen & Co maintained Patterson-UTI Energy, Inc. (NASDAQ:PTEN) on Friday, October 27 with “Hold” rating. On Wednesday, January 18 the stock rating was initiated by SunTrust with “Buy”. The stock of Patterson-UTI Energy, Inc. (NASDAQ:PTEN) earned “Neutral” rating by Credit Suisse on Friday, September 4. The firm has “Buy” rating given on Tuesday, September 5 by J.P. Morgan. Stephens maintained it with “Underweight” rating and $10 target in Monday, April 18 report. The stock of Patterson-UTI Energy, Inc. (NASDAQ:PTEN) has “Buy” rating given on Monday, October 2 by RBC Capital Markets. Piper Jaffray maintained the stock with “Buy” rating in Tuesday, October 31 report. Howard Weil maintained the shares of PTEN in report on Monday, June 20 with “Sector Perform” rating.

First Pacific Advisors Llc decreased General Electric Company (NYSE:GE) stake by 6.60M shares to 9.76M valued at $236.12M in 2017Q3. It also reduced Dana Inc (NYSE:DAN) stake by 429,600 shares and now owns 642,614 shares. Lpl Finl Hldgs Inc (NASDAQ:LPLA) was reduced too.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:


>