United Rentals (NYSE:URI) Posts Earnings Results, Misses Expectations By $0.07 EPS

United Rentals (NYSE:URI - Get Free Report) announced its earnings results on Wednesday. The construction company reported $10.47 EPS for the quarter, missing the consensus estimate of $10.54 by ($0.07), Zacks reports. United Rentals had a return on equity of 32.35% and a net margin of 16.11%. The firm had revenue of $3.94 billion for the quarter, compared to the consensus estimate of $3.90 billion. During the same period in the previous year, the firm earned $10.70 EPS. United Rentals's revenue for the quarter was up 4.5% on a year-over-year basis. United Rentals updated its FY 2025 guidance to EPS.

United Rentals Price Performance

United Rentals stock traded up $12.06 during trading hours on Friday, hitting $887.31. 453,685 shares of the stock were exchanged, compared to its average volume of 664,083. United Rentals has a 12 month low of $525.91 and a 12 month high of $896.98. The company has a debt-to-equity ratio of 1.31, a quick ratio of 0.79 and a current ratio of 0.85. The business's 50-day moving average is $744.58 and its two-hundred day moving average is $692.52. The stock has a market capitalization of $57.67 billion, a P/E ratio of 22.93, a P/E/G ratio of 1.96 and a beta of 1.69.

United Rentals Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, August 27th. Shareholders of record on Wednesday, August 13th will be paid a dividend of $1.79 per share. The ex-dividend date is Wednesday, August 13th. This represents a $7.16 annualized dividend and a yield of 0.81%. United Rentals's dividend payout ratio is 18.54%.

Insider Activity at United Rentals

In other United Rentals news, EVP Michael D. Durand sold 1,100 shares of the firm's stock in a transaction that occurred on Tuesday, April 29th. The shares were sold at an average price of $626.28, for a total value of $688,908.00. Following the transaction, the executive vice president directly owned 8,748 shares of the company's stock, valued at approximately $5,478,697.44. This trade represents a 11.17% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Andrew B. Limoges sold 708 shares of the firm's stock in a transaction that occurred on Monday, May 12th. The shares were sold at an average price of $705.86, for a total transaction of $499,748.88. Following the completion of the transaction, the vice president directly owned 1,921 shares in the company, valued at approximately $1,355,957.06. The trade was a 26.93% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.53% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On United Rentals

An institutional investor recently raised its position in United Rentals stock. Woodline Partners LP raised its holdings in United Rentals, Inc. (NYSE:URI - Free Report) by 40.0% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 5,518 shares of the construction company's stock after acquiring an additional 1,577 shares during the quarter. Woodline Partners LP's holdings in United Rentals were worth $3,458,000 as of its most recent SEC filing. 96.26% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently commented on URI. Barclays boosted their price target on shares of United Rentals from $565.00 to $620.00 and gave the company an "underweight" rating in a report on Monday. KeyCorp upped their price objective on shares of United Rentals from $865.00 to $960.00 and gave the stock an "overweight" rating in a report on Friday. The Goldman Sachs Group upped their price objective on shares of United Rentals from $770.00 to $850.00 and gave the stock a "buy" rating in a report on Tuesday, May 27th. Redburn Atlantic cut shares of United Rentals from a "buy" rating to a "neutral" rating and set a $760.00 price objective for the company. in a report on Friday, June 13th. Finally, Cfra Research raised shares of United Rentals to a "strong-buy" rating in a research report on Friday, April 25th. One research analyst has rated the stock with a sell rating, five have given a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to MarketBeat.com, United Rentals has an average rating of "Moderate Buy" and a consensus price target of $812.64.

United Rentals Company Profile

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.