Herc Holdings Inc

HRI: XNYS (USA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
$274.84HstpsrZsrfywbc

Herc's Third-Quarter Results Boosted by Strong Rental Market

Business Strategy and Outlook

We think Herc will continue to be a top-three player in the equipment rental industry. As one of the industry leaders, the company provides customers better equipment availability and reliability than smaller players. However, many of the equipment brands found in Herc’s product catalog can also be found at other competitors, such as United Rentals, Sunbelt Rentals (owned by Ashtead), and thousands of other rental companies across North America.

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