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United Rentals (URI) Stock Price, News & Analysis

$741.26
+12.52 (+1.72%)
(As of 08/30/2024 ET)
Today's Range
$724.16
$741.58
50-Day Range
$623.04
$757.10
52-Week Range
$387.01
$789.80
Volume
338,023 shs
Average Volume
390,089 shs
Market Capitalization
$49.03 billion
P/E Ratio
20.08
Dividend Yield
0.88%
Price Target
$675.15

United Rentals MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
8.9% Downside
$675.15 Price Target
Short Interest
Bearish
4.35% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-0.37
Upright™ Environmental Score
News Sentiment
1.75mentions of United Rentals in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
$248,400 Sold Last Quarter
Proj. Earnings Growth
7.46%
From $44.50 to $47.82 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.21 out of 5 stars

Construction Sector

25th out of 99 stocks

Equipment Rental & Leasing, Not Elsewhere Classified Industry

3rd out of 12 stocks

URI stock logo

About United Rentals Stock (NYSE:URI)

United Rentals, Inc., through its subsidiaries, operates as an equipment rental company. It operates in two segments, General Rentals and Specialty. The General Rentals segment rents general construction and industrial equipment includes backhoes, skid-steer loaders, forklifts, earthmoving equipment, and material handling equipment; aerial work platforms, such as boom and scissor lifts; and general tools and light equipment comprising pressure washers, water pumps, and power tools for construction and industrial companies, manufacturers, utilities, municipalities, homeowners, and government entities. The specialty segment rents specialty construction products, including trench safety equipment consists of trench shields, aluminum hydraulic shoring systems, slide rails, crossing plates, construction lasers, and line testing equipment for underground work; power and heating, ventilating, and air conditioning equipment, such as portable diesel generators, electrical distribution equipment, and temperature control equipment; fluid solutions equipment for fluid containment, transfer, and treatment; and mobile storage equipment and modular office space. This segment serves construction companies involved in infrastructure projects, and municipalities and industrial companies. It also sells aerial lifts, reach forklifts, telehandlers, compressors, and generators; construction consumables, tools, small equipment, and safety supplies; and parts for equipment that is owned by its customers, as well as provides repair and maintenance services. The company sells used equipment through its sales force, brokers, website, at auctions, and directly to manufacturers. The company operates in the United States, Canada, Europe, Australia, and New Zealand. United Rentals, Inc. was incorporated in 1997 and is headquartered in Stamford, Connecticut.

URI Stock Price History

URI Stock News Headlines

3 Infrastructure ETFs to Watch as the World Rebuilds
What if you could invest in the first Atomic Bomb?
In Trump’s hands, I believe this superweapon could restore America’s global dominance. It will also help Americans struggling under Bidenomics by potentially sending 5 military stocks SOARING. Historically, similar stocks have shot up 16,270% in just 18 months.
United Rentals: Good Growth But Premium Valuations
URI Aug 2024 990.000 put (URI240830P00990000)
What if you could invest in the first Atomic Bomb?
In Trump’s hands, I believe this superweapon could restore America’s global dominance. It will also help Americans struggling under Bidenomics by potentially sending 5 military stocks SOARING. Historically, similar stocks have shot up 16,270% in just 18 months.
URI Aug 2024 735.000 call (URI240823C00735000)
URI Aug 2024 717.500 put (URI240823P00717500)
URI Aug 2024 740.000 put
URI Aug 2024 750.000 call
See More Headlines
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Company Calendar

Last Earnings
7/24/2024
Ex-Dividend for 8/28 Dividend
8/14/2024
Dividend Payable
8/28/2024
Today
9/01/2024
Next Earnings (Estimated)
10/23/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Equipment rental & leasing, not elsewhere classified
Sub-Industry
Trading Companies & Distributors
CUSIP
91136310
Employees
26,300
Year Founded
1997

Price Target and Rating

Average Stock Price Target
$675.15
High Stock Price Target
$905.00
Low Stock Price Target
$400.00
Potential Upside/Downside
-8.9%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
15 Analysts

Profitability

Net Income
$2.42 billion
Pretax Margin
22.88%

Debt

Sales & Book Value

Annual Sales
$14.33 billion
Cash Flow
$83.29 per share
Book Value
$125.21 per share

Miscellaneous

Free Float
66,237,000
Market Cap
$49.03 billion
Optionable
Optionable
Beta
1.71

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Should I Buy United Rentals Stock? URI Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in United Rentals, Inc.:

  • United Rentals, Inc. reported a strong quarterly earnings result, beating analysts' consensus estimates, with an EPS of $10.70 for the quarter.
  • Analysts expect United Rentals, Inc. to post a high EPS of 44.35 for the current fiscal year, indicating strong financial performance.
  • Truist Financial raised the target price on United Rentals' shares to $873.00, suggesting positive growth potential in the stock.
  • United Rentals has a low dividend payout ratio of 17.66%, indicating the company retains a significant portion of its earnings for reinvestment.
  • United Rentals has a diverse business model operating in two segments, General Rentals and Specialty, providing stability and growth opportunities.

Cons

Investors should be bearish about investing in United Rentals, Inc. for these reasons:

  • United Rentals' dividend yield is relatively low at 0.91%, which may not be attractive to income-focused investors.
  • Despite positive analyst ratings, some analysts have issued sell ratings on United Rentals' stock, indicating potential concerns in the market.
  • The stock price of United Rentals, Inc. has a 52-week high of $789.80, suggesting potential volatility in the stock price.
  • United Rentals' debt-to-equity ratio is 1.39, which may pose risks in case of economic downturns or rising interest rates.
  • While the company has shown growth, the stock has an average rating of "Hold" with an average price target of $675.15, indicating mixed market sentiment.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Thursday, August 22, 2024. Please send any questions or comments about these United Rentals pros and cons to [email protected].

URI Stock Analysis - Frequently Asked Questions

How have URI shares performed this year?

United Rentals' stock was trading at $573.42 at the beginning of 2024. Since then, URI stock has increased by 29.3% and is now trading at $741.26.
View the best growth stocks for 2024 here
.

How were United Rentals' earnings last quarter?

United Rentals, Inc. (NYSE:URI) posted its quarterly earnings results on Wednesday, July, 24th. The construction company reported $10.70 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $10.48 by $0.22. The firm's revenue for the quarter was up 6.2% on a year-over-year basis.
Read the conference call transcript
.

Is United Rentals buying back stock?

United Rentals' board authorized a share buyback program on Wednesday, January 24th 2024, which allows the company to repurchase $1,500,000,000 in outstanding shares, according to EventVestor. This means that the company could buy up to 3.8% of its shares through open market purchases. Shares buyback programs are often an indication that the company's board of directors believes its stock is undervalued.

What is Matthew Flannery's approval rating as United Rentals' CEO?

144 employees have rated United Rentals Chief Executive Officer Matthew Flannery on Glassdoor.com. Matthew Flannery has an approval rating of 96% among the company's employees. This puts Matthew Flannery in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Does United Rentals have any subsidiaries?

The following companies are subsidiaries of United Rentals: General Finance Corporation, BlueLine Rental, BakerCorp International Holdings Inc., Neff Rental, NES Rentals Holdings, Blue-Stream Services, National Pump, and others.

Who are United Rentals' major shareholders?

Top institutional shareholders of United Rentals include Dimensional Fund Advisors LP (1.38%), The Manufacturers Life Insurance Company (0.96%), Impax Asset Management Group plc (0.89%) and Legal & General Group Plc (0.79%). Insiders that own company stock include Matthew John Flannery, Jessica Graziano, Craig Adam Pintoff, Jose B Alvarez, Michael D Durand, Shiv Singh, Dale A Asplund, William E Grace, Joli L Gross and Andrew B Limoges.
View institutional ownership trends
.

How do I buy shares of United Rentals?

Shares of URI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of United Rentals own?

Based on aggregate information from My MarketBeat watchlists, some other companies that United Rentals investors own include Xtrackers California Municipal Bond ETF (CA), Endologix (ELGX), BlackRock (BLK), Chipotle Mexican Grill (CMG), Hawkins (HWKN), Aegean Marine Petroleum Network (ANW) and Athabasca Oil (ATH).

This page (NYSE:URI) was last updated on 9/1/2024 by MarketBeat.com Staff

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