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NYSE:URI

United Rentals (URI) Stock Price, News & Analysis

$752.21
-2.05 (-0.27%)
(As of 07/26/2024 ET)
Today's Range
$750.07
$789.80
50-Day Range
$616.21
$754.26
52-Week Range
$387.01
$789.80
Volume
902,310 shs
Average Volume
586,503 shs
Market Capitalization
$50.09 billion
P/E Ratio
20.37
Dividend Yield
0.87%
Price Target
$651.20

United Rentals MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
13.4% Downside
$651.20 Price Target
Short Interest
Bearish
4.32% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
-0.37
Upright™ Environmental Score
News Sentiment
1.03mentions of United Rentals in the last 14 days
Based on 26 Articles This Week
Insider Trading
Selling Shares
$6.24 M Sold Last Quarter
Proj. Earnings Growth
7.09%
From $43.89 to $47.00 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.

4.40 out of 5 stars

Construction Sector

12th out of 101 stocks

Equipment Rental & Leasing, Not Elsewhere Classified Industry

1st 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 Stocks to Buy in Preparation for Rate Cuts
We’re in a code red crisis and 99% of Americans are clueless
Folks, it's 2024… Things that we used to rely on - are failing us. Take the phasing out of fossil fuels… Matched with the destruction of oil refineries around the world… And the outright failure of solar and wind technologies… But there is just one solution… And right now governments around the world are stockpiling this resource at the fastest rate in DECADES!
United Rentals (NYSE:URI) Sets New 12-Month High After Earnings Beat
URI Stock Earnings: United Rentals Beats EPS, Beats Revenue for Q2 2024
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United Rentals Earnings: What To Look For From URI
United Rentals: Limited Upside In The Near-Term
See More Headlines
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Company Calendar

Ex-Dividend for 5/22 Dividend
5/07/2024
Dividend Payable
5/22/2024
Last Earnings
7/24/2024
Today
7/26/2024
Ex-Dividend for 8/28 Dividend
8/14/2024
Dividend Payable
8/28/2024
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
$651.20
High Stock Price Target
$905.00
Low Stock Price Target
$400.00
Potential Upside/Downside
-13.4%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
15 Analysts

Profitability

Net Income
$2.42 billion
Pretax Margin
22.79%

Debt

Sales & Book Value

Annual Sales
$14.33 billion
Cash Flow
$87.47 per share
Book Value
$121.00 per share

Miscellaneous

Free Float
66,237,000
Market Cap
$50.09 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. has shown consistent revenue growth, with a 6.1% increase in revenue on a year-over-year basis.
  • The company has a strong return on equity of 36.44%, indicating efficient utilization of shareholder funds to generate profits.
  • United Rentals, Inc. has a low dividend payout ratio of 17.66%, suggesting the company has room for dividend growth or reinvestment in the business.
  • Positive analyst ratings and price targets from reputable firms like JPMorgan Chase & Co., Stifel Nicolaus, and The Goldman Sachs Group indicate confidence in the company's future performance.
  • United Rentals, Inc. stock price has shown recent upward momentum, with a 52-week high of $732.37 and favorable analyst projections.

Cons

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

  • The company has a quick ratio of 0.83 and a current ratio of 0.89, indicating potential liquidity challenges in meeting short-term obligations.
  • United Rentals, Inc. has a debt-to-equity ratio of 1.39, which suggests a relatively high level of debt compared to equity, potentially increasing financial risk.
  • While the stock has shown recent price appreciation, the market capitalization of $43.07 billion and a P/E ratio of 16.88 may indicate the stock is already fairly valued or potentially overvalued.
  • There are sell-side analysts who have issued sell ratings on United Rentals, Inc., indicating differing opinions on the company's future prospects.
  • Investors should consider the cyclical nature of the construction industry, which could impact United Rentals, Inc. performance during economic downturns.
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 Monday, July 22, 2024. Please send any questions or comments about these United Rentals pros and cons to contact@marketbeat.com.

URI Stock Analysis - Frequently Asked Questions

How have URI shares performed this year?

United Rentals' stock was trading at $573.42 at the start of the year. Since then, URI stock has increased by 31.2% and is now trading at $752.21.
View the best growth stocks for 2024 here
.

How were United Rentals' earnings last quarter?

United Rentals, Inc. (NYSE:URI) released its earnings results on Wednesday, July, 24th. The construction company reported $10.70 earnings per share for the quarter, topping the consensus estimate of $10.48 by $0.22. The company's revenue was up 6.2% compared to the same quarter last year.

Is United Rentals buying back stock?

United Rentals' Board of Directors authorized a stock repurchase program on Wednesday, January 24th 2024, which authorizes the company to repurchase $1,500,000,000 in shares, according to EventVestor. This means that the company could buy up to 3.8% of its stock through open market purchases. Stock buyback programs are typically an indication that the company's leadership 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 more.

Who are United Rentals' major shareholders?

United Rentals' top institutional investors include AMF Tjanstepension AB (0.69%), Bank of New York Mellon Corp (0.67%), Sumitomo Mitsui Trust Holdings Inc. (0.27%) and Argent Capital Management LLC (0.25%). 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 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 7/26/2024 by MarketBeat.com Staff

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