
We're excited to share that Herc, a leading equipment rental company, has announced new financial targets. The company aims to achieve a compound annual growth rate (CAGR) of 10% over the next five years.
This ambitious goal is driven by Herc's commitment to expanding its services and improving operational efficiency. By leveraging its extensive network of locations and experienced team, Herc is well-positioned to capitalize on growth opportunities.
The company expects to achieve this growth through a combination of organic expansion and strategic acquisitions. This will enable Herc to increase its market share and improve its competitive position in the industry.
Financial Information
Herc Investor Relations is listed on the NYSE under the ticker symbol HRI. The company's fiscal year runs from January to December.
The stock type is Common Stock, and the reporting currency is USD. This means all financial reports are presented in US dollars.
Here are some key details about the company's SEC filings:
Herc Holdings Inc. Announces New Financial Targets
Herc Holdings Inc. has set its sights on achieving a revenue growth rate of 10% annually for the next five years.
Their goal is to reach a revenue of $3.5 billion by 2025, a significant increase from their current revenue of $2.5 billion.
The company aims to achieve this growth by expanding its equipment rental business and increasing its presence in the construction industry.
To support this growth, Herc Holdings Inc. plans to invest in new equipment and technology, as well as expand its network of rental locations.
Their focus on growth and expansion is expected to drive profitability and improve their bottom line.
The company's new financial targets are a significant step towards achieving long-term success and establishing itself as a leader in the equipment rental industry.
Stock Details
Stock Details are crucial for making informed investment decisions.
The ticker symbol for this stock is HRI, which is listed on the New York Stock Exchange (NYSE).
You can find this stock on the NYSE, and it's classified as a common stock.
The company's fiscal year runs from January to December, and its financial reports are in US dollars (USD).
Here are the key identifiers for this stock:
Executive Team
The Executive Team at Herc Investor Relations is comprised of highly experienced professionals who oversee various aspects of the company. Lawrence H. Silber serves as the President, Chief Executive Officer and Director.
Lawrence H. Silber has a key leadership role at the company, overseeing overall strategy and direction. W. Mark Humphrey CPA is the Senior Vice President and Chief Financial Officer.
W. Mark Humphrey CPA is responsible for managing the company's financial operations and ensuring its financial health. Aaron D. Birnbaum is the Senior Vice President and Chief Operating Officer.
Aaron D. Birnbaum oversees the company's day-to-day operations, ensuring that everything runs smoothly. Tamir Peres is the Senior Vice President and Chief Information Officer.
Tamir Peres is responsible for the company's technology and information systems. Christian J. Cunningham is the Senior Vice President and Chief Human Resources Officer.
Christian J. Cunningham leads the company's human resources efforts, focusing on talent acquisition and employee development. Mark Alan Schumacher is the Vice President, Chief Accounting Officer and Controller.
Mark Alan Schumacher oversees the company's accounting and financial reporting functions. Leslie Hunziker is the Senior Vice President of Investor Relations, Communications and Sustainability.
Leslie Hunziker is responsible for managing the company's investor relations, communications, and sustainability efforts. Samuel Wade Sheek is the Senior Vice President, Chief Legal Officer and Secretary.
The Executive Team at Herc Investor Relations has a diverse range of expertise, ensuring that the company is well-equipped to handle various challenges. Here is a list of the key executives:
Sources
- https://www.alphaspread.com/security/lse/herc/investor-relations
- https://www.stocktitan.net/news/HRI/herc-holdings-inc-announces-new-long-term-financial-targets-during-we0gqtdrj8gm.html
- https://quarterlytics.com/company/herc_hri/
- https://stockanalysis.com/stocks/hri/company/
- https://www.citybiz.co/article/337705/leslie-hunziker-joins-herc-rentals-as-svp-investor-relations-and-communications/
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