Breakfast Technical Briefing on Rental and Leasing Services Stocks -- Hertz Global, Avis Budget, Rent-A-Center, and United Rentals

NEW YORK, August 22, 2017 /PRNewswire/ --

If you want a Stock Review on HTZ, CAR, RCII, or URI then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. DailyStockTracker.com has issued research reports on Hertz Global Holdings Inc. (NYSE: HTZ), Avis Budget Group Inc. (NASDAQ: CAR), Rent-A-Center Inc. (NASDAQ: RCII), and United Rentals Inc. (NYSE: URI). These companies belong to the Rental and Leasing Services subsector, which includes two main types of establishments: those that are engaged in renting consumer goods and equipment, and those that are engaged in leasing machinery and equipment often used for business operations. Daily Stock Tracker published free research reports on these stocks today at:

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Hertz Global 

Estero, Florida-based Hertz Global Holdings Inc.'s shares gained 2.36%, closing Monday's trading session at $17.36. The stock recorded a trading volume of 7.05 million shares. The Company's shares have advanced 9.87% in the last month and 65.49% over the previous three months. The stock is trading 27.10% above its 50-day moving average. Additionally, shares of the Company, which engages in the vehicle rental business in North America, Europe, Latin America, Africa, Asia, Australia, the Caribbean, the Middle East, and New Zealand, have a Relative Strength Index (RSI) of 56.03.

On August 04^th, 2017, research firm JP Morgan initiated a 'Neutral' rating on the Company's stock.

On August 08^th, 2017, Hertz Global Holdings announced Q2 2017 financial results. Net loss from continuing operations was $158 million, or $1.90 per diluted share, for the quarter; and adjusted net loss was $52 million, or $0.63 per diluted share. For Q2 2017, total revenues were $2.2 billion; loss from continuing operations before income taxes was $245 million; and adjusted corporate EBITDA was $35 million. See our free and comprehensive research report on HTZ at:

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Avis Budget 

On Monday, shares in Parsippany, New Jersey headquartered Avis Budget Group Inc. recorded a trading volume of 1.66 million shares. The stock rose 0.09%, ending the day at $32.30. The Company's shares have surged 36.58% in the previous three months. The stock is trading above its 50-day and 200-day moving averages by 10.88% and 0.67%, respectively. Furthermore, shares of Avis Budget, which together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary services to businesses and consumers worldwide, have an RSI of 53.47.

On August 04^th, 2017, research firm JP Morgan initiated an 'Overweight' rating on the Company's stock.

On August 07^th, 2017, Avis Budget reported results for its Q2 ended June 30^th, 2017. For the quarter, revenue was $2.2 billion; net income was $3 million; and adjusted EBITDA was $140 million. The Company identified additional cost savings of $25 million, bringing its total 2017 savings to $75 million. CAR free research report is just a click away at:

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Rent-A-Center 

Plano, Texas headquartered Rent-A-Center Inc.'s stock finished the day 1.52% lower at $12.31 with a total trading volume of 973,555 shares. The Company's shares have advanced 11.50% in the previous three months and 9.42% on an YTD basis. The stock is trading above its 200-day moving average by 12.95%. Additionally, shares of Rent-A-Center, which together with its subsidiaries, leases household durable goods to customers on a rent-to-own basis, have an RSI of 41.92.

On August 03^rd, 2017, Rent-A-Center announced that it is partnering with the largest domestic hunger-relief organization, Feeding America, to raise $150,000 in one month - Hunger Action Relief month this September. The new fundraising campaign, called "Fill the Fridge," will benefit Feeding America's nationwide network of food banks. It will take place in all of Rent-A-Center's Core US stores, its AcceptanceNOW kiosk locations in third-party retailers, Rent-A-Center Franchising, Inc., and Home Choice and Get It Now! stores in Wisconsin. Sign up for your complimentary report on RCII at:

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United Rentals 

Shares in Stamford, Connecticut headquartered United Rentals Inc. ended yesterday's session 3.09% lower at $108.40. The stock recorded a trading volume of 1.36 million shares. The Company's shares have advanced 2.67% since the start of this year. The stock is trading 3.80% below its 200-day moving average. Moreover, shares of United Rentals, which through its subsidiaries, operates as an equipment rental company, have an RSI of 34.90.

On August 16^th, 2017, United Rentals and Neff Corporation, operating as Neff Rental, announced that they have entered into a definitive agreement under which the former will acquire Neff for $25 per share in cash, representing a total purchase price of approximately $1.3 billion. The transaction is expected to be immediately accretive to cash EPS and free cash flow.

On August 18^th, 2017, research firm Stifel upgraded the Company's stock rating from 'Hold' to 'Buy', with a target price of $133 per share. Register for free on DailyStockTracker.com and download the latest research report on URI at:

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