United Rentals - URI Stock Forecast, Price & News

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, directly to manufacturers, and at auctions. The company operates a network of 1,360 rental locations in the United States, Canada, Europe, Australia, and New Zealand. United Rentals, Inc. was incorporated in 1997 and is headquartered in Stamford, Connecticut.

Analysts Set New Price Targets

URI has been the topic of a number of recent analyst reports. Robert W. Baird upped their target price on United Rentals from $247.00 to $312.00 in a research report on Thursday, July 28th. Deutsche Bank Aktiengesellschaft cut their target price on United Rentals from $421.00 to $396.00 in a research report on Friday, April 29th. KeyCorp upped their target price on United Rentals from $355.00 to $375.00 and gave the company an "overweight" rating in a research report on Friday, July 29th. Citigroup upped their target price on United Rentals to $375.00 in a research report on Tuesday, August 9th. Finally, OTR Global lowered United Rentals to a "positive" rating in a research report on Wednesday, June 22nd. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and five have issued a buy rating to the company. According to MarketBeat.com, the company presently has an average rating of "Hold" and a consensus price target of $365.00.

United Rentals Price Performance

Shares of NYSE:URI opened at $336.55 on Friday. United Rentals has a twelve month low of $230.54 and a twelve month high of $414.99. The company has a current ratio of 1.07, a quick ratio of 0.97 and a debt-to-equity ratio of 1.61. The company has a market capitalization of $23.56 billion, a price-to-earnings ratio of 13.91, a price-to-earnings-growth ratio of 0.61 and a beta of 1.92. The business has a 50 day simple moving average of $275.14 and a 200-day simple moving average of $302.93.

United Rentals (NYSE:URI - Get Rating) last issued its quarterly earnings results on Wednesday, July 27th. The construction company reported $7.86 earnings per share for the quarter, beating analysts' consensus estimates of $6.57 by $1.29. United Rentals had a return on equity of 33.79% and a net margin of 16.41%. The business had revenue of $2.77 billion during the quarter, compared to the consensus estimate of $2.71 billion. During the same period in the previous year, the business earned $4.66 EPS. The business's quarterly revenue was up 21.2% on a year-over-year basis. As a group, equities research analysts expect that United Rentals will post 31.03 earnings per share for the current year.

Insider Buying and Selling

In related news, CEO Matthew John Flannery sold 19,076 shares of the company's stock in a transaction on Thursday, July 28th. The stock was sold at an average price of $300.00, for a total transaction of $5,722,800.00. Following the completion of the transaction, the chief executive officer now directly owns 86,964 shares in the company, valued at approximately $26,089,200. The sale was disclosed in a document filed with the SEC, which is available through this link. In related news, CEO Matthew John Flannery sold 19,076 shares of the company's stock in a transaction on Thursday, July 28th. The stock was sold at an average price of $300.00, for a total transaction of $5,722,800.00. Following the completion of the transaction, the chief executive officer now directly owns 86,964 shares in the company, valued at approximately $26,089,200. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, VP Andrew B. Limoges sold 308 shares of the company's stock in a transaction on Thursday, August 11th. The stock was sold at an average price of $333.24, for a total value of $102,637.92. Following the transaction, the vice president now owns 2,070 shares of the company's stock, valued at $689,806.80. The disclosure for this sale can be found here. Insiders sold a total of 20,361 shares of company stock worth $6,142,963 in the last three months. 0.53% of the stock is owned by insiders.