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Hertz Faces Tough Road Ahead: High Fleet Costs, Liquidity Concerns Trigger Downgrades - Hertz Global Holdings (NASDAQ:HTZ)

Hertz Global Holdings, Inc (NASDAQ:HRZ) navigates challenges with a 1.6% sales growth in Q1 FY24 to $2.08 billion. Despite a $(1.28) adjusted EPS missing estimates, analysts remain cautious. Goldman Sachs reaffirms a Sell rating, cutting the price target to $4 from $7. Concerns linger over HTZ's liquidity and fleet management, with ongoing scrutiny on First Lien Covenant compliance, especially amid a $400 million free cash flow burn projected for FY24.

Peapack-Gladstone Financial (NASDAQ:PGC) Stock Price Crosses Below 200 Day Moving Average of $31 40

Peapack-Gladstone Financial Co. (NASDAQ:PGC – Get Free Report)’s stock price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $31.40 and traded as low as $27.68. Peapack-Gladstone Financial shares last traded at $27.73, with a volume of 47,526 shares traded. Analyst […]

Peapack-Gladstone Financial (NASDAQ:PGC) Stock Passes Below 200 Day Moving Average of $32 19

Peapack-Gladstone Financial Co. (NASDAQ:PGC – Free Report) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $32.19 and traded as low as $26.92. Peapack-Gladstone Financial shares last traded at $26.94, with a volume of 46,056 shares. Analyst Ratings Changes PGC has been the subject […]

Short Interest in Peapack-Gladstone Financial Co (NASDAQ:PGC) Increases By 20 1%

Peapack-Gladstone Financial Co. (NASDAQ:PGC – Get Rating) was the target of a large growth in short interest during the month of May. As of May 31st, there was short interest totalling 318,900 shares, a growth of 20.1% from the May 15th total of 265,600 shares. Currently, 2.0% of the company’s shares are sold short. Based […]

Short Interest in Peapack-Gladstone Financial Co (NASDAQ:PGC) Increases By 20 1%

Peapack-Gladstone Financial Co. (NASDAQ:PGC – Get Rating) was the target of a significant growth in short interest during the month of May. As of May 31st, there was short interest totalling 318,900 shares, a growth of 20.1% from the May 15th total of 265,600 shares. Based on an average trading volume of 79,100 shares, the […]

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