Hertz Global (HTZ) Moves 10.7% Higher: Will This Strength Last?

AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA AAPL TSLA AMZN META AMD NVDA PEP COST ADBE GOOG AMGN HON INTC INTU NFLX ADP SBUX MRNA Stocks Hertz Global (HTZ) Moves 10.7% Higher: Will This Strength Last? April 08, 2026 — 06:49 am EDT Written by Zacks Equity Research for Zacks-> Hertz Global Holdings, Inc. (HTZ) shares soared 10.7% in the last trading session to close at $5.88. The move was backed by solid volume with far more shares changing hands than in a normal session. This compares to the stock's 27.6% gain over the past four weeks.The uptick was owing to the spike in demand for car rentals following airport security delays during the partial government shutdown and subsequent shortage of Transportation Security Administration agents.This company is expected to post quarterly loss of $0.77 per share in its upcoming report, which represents a year-over-year change of +31.3%. Revenues are expected to be $1.88 billion, up 3.7% from the year-ago quarter.Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements.For Hertz Global, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's price usually doesn't keep moving higher in the absence of any trend in earnings estimate revisions. So, make sure to keep an eye on HTZ going forward to see if this recent jump can turn into more strength down the road. The stock currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>Hertz Global is part of the Zacks Transportation - Services industry. Expeditors International (EXPD), another stock in the same industry, closed the last trading session 0.7% lower at $144.53. EXPD has returned 0.2% in the past month.For Expeditors International, the consensus EPS estimate for the upcoming report has remained unchanged over the past month at $1.32. This represents a change of -10.2% from what the company reported a year ago. Expeditors International currently has a Zacks Rank of #3 (Hold). Zacks' Research Chief Names "Stock Most Likely to Double" Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest. This top pick is a little-known satellite-based communications firm. Space is projected to become a trillion dollar industry, and this company's customer base is growing fast. Analysts have forecasted a major revenue breakout in 2025. Of course, all our elite picks aren't winners but this one could far surpass earlier Zacks' Stocks Set to Double like Hims & Hers Health, which shot up +209%.Free: See Our Top Stock And 4 Runners UpWant the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free reportHertz Global Holdings, Inc. (HTZ) : Free Stock Analysis ReportExpeditors International of Washington, Inc. (EXPD) : Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment Research The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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