United Rentals, Inc. (NYSE:URI) Receives Average Rating of “Moderate Buy” from Analysts

United Rentals, Inc. (NYSE:URI) has earned an average recommendation of “Moderate Buy” from the eighteen brokerages that are presently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, seven have assigned a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $850.00.

A number of equities research analysts have weighed in on URI shares. Redburn Atlantic lowered United Rentals from a “buy” rating to a “neutral” rating and set a $760.00 target price for the company. in a research report on Friday, June 13th. Truist Financial lifted their price target on shares of United Rentals from $786.00 to $952.00 and gave the company a “buy” rating in a research note on Friday, July 25th. BNP Paribas Exane upgraded United Rentals from an “underperform” rating to a “neutral” rating and set a $900.00 target price on the stock in a report on Tuesday, September 16th. Morgan Stanley boosted their price target on shares of United Rentals from $702.00 to $955.00 and gave the company an “overweight” rating in a research note on Monday, July 28th. Finally, Citigroup restated a “buy” rating and issued a $810.00 price objective (up from $740.00) on shares of United Rentals in a report on Tuesday, June 24th.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in URI. Fourth Dimension Wealth LLC acquired a new stake in United Rentals in the first quarter valued at $26,000. TruNorth Capital Management LLC increased its holdings in shares of United Rentals by 1,266.7% in the first quarter. TruNorth Capital Management LLC now owns 41 shares of the construction company’s stock valued at $26,000 after buying an additional 38 shares in the last quarter. Loomis Sayles & Co. L P acquired a new stake in shares of United Rentals during the second quarter valued at approximately $28,000. Flaharty Asset Management LLC acquired a new position in shares of United Rentals in the 1st quarter valued at about $30,000. Finally, Migdal Insurance & Financial Holdings Ltd. lifted its stake in United Rentals by 69.0% in the first quarter. Migdal Insurance & Financial Holdings Ltd. now owns 49 shares of the construction company’s stock valued at $31,000 after acquiring an additional 20 shares during the last quarter. Institutional investors and hedge funds own 96.26% of the company’s stock.

United Rentals Price Performance

Shares of NYSE:URI opened at $941.26 on Monday. The stock has a market capitalization of $60.56 billion, a PE ratio of 24.34, a price-to-earnings-growth ratio of 2.18 and a beta of 1.72. United Rentals has a twelve month low of $525.91 and a twelve month high of $980.53. The firm’s 50 day moving average price is $900.44 and its 200-day moving average price is $751.12. The company has a quick ratio of 0.80, a current ratio of 0.86 and a debt-to-equity ratio of 1.34.

United Rentals (NYSE:URI) last released its earnings results on Wednesday, July 23rd. The construction company reported $10.47 EPS for the quarter, missing the consensus estimate of $10.54 by ($0.07). United Rentals had a return on equity of 32.01% and a net margin of 16.11%.The company had revenue of $3.94 billion during the quarter, compared to analysts’ expectations of $3.90 billion. During the same period last year, the firm posted $10.70 EPS. United Rentals’s quarterly revenue was up 4.5% compared to the same quarter last year. United Rentals has set its FY 2025 guidance at EPS. Equities research analysts expect that United Rentals will post 44.8 EPS for the current year.

United Rentals Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, August 27th. Shareholders of record on Wednesday, August 13th were given a $1.79 dividend. The ex-dividend date was Wednesday, August 13th. This represents a $7.16 annualized dividend and a yield of 0.8%. United Rentals’s dividend payout ratio is presently 18.52%.

About United Rentals

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.