AMERCO (UHAL) Given Average Recommendation of “Buy” by Analysts
Shares of AMERCO (NASDAQ:UHAL) have been assigned an average broker rating score of 2.00 (Buy) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a buy recommendation.
Analysts have set a 1-year consensus price objective of $427.50 for the company and are expecting that the company will post $1.99 earnings per share for the current quarter, according to Zacks. Zacks has also assigned AMERCO an industry rank of 232 out of 265 based on the ratings given to its competitors.
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In other news, Director James J. Grogan bought 100 shares of the stock in a transaction on Thursday, February 16th. The shares were purchased at an average cost of $384.75 per share, for a total transaction of $38,475.00. Following the completion of the purchase, the director now directly owns 50 shares in the company, valued at approximately $19,237.50. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders own 52.00% of the company’s stock.
Hedge funds have recently modified their holdings of the stock. Parametrica Management Ltd purchased a new stake in shares of AMERCO during the first quarter valued at about $353,000. Pennsylvania Trust Co purchased a new stake in shares of AMERCO during the first quarter valued at about $200,000. Douglass Winthrop Advisors LLC purchased a new stake in shares of AMERCO during the first quarter valued at about $419,000. Denali Advisors LLC raised its stake in shares of AMERCO by 12.9% in the first quarter. Denali Advisors LLC now owns 39,500 shares of the transportation company’s stock valued at $15,057,000 after buying an additional 4,500 shares during the last quarter. Finally, Macquarie Group Ltd. purchased a new stake in shares of AMERCO during the fourth quarter valued at about $148,000. Hedge funds and other institutional investors own 28.24% of the company’s stock.
Shares of AMERCO (NASDAQ:UHAL) traded up 0.53% on Friday, hitting $364.55. The company’s stock had a trading volume of 17,371 shares. The stock’s 50-day moving average price is $371.78 and its 200-day moving average price is $359.71. The firm has a market cap of $7.15 billion, a price-to-earnings ratio of 16.18 and a beta of 1.27. AMERCO has a 52 week low of $307.80 and a 52 week high of $399.16.
AMERCO (NASDAQ:UHAL) last issued its earnings results on Wednesday, February 8th. The transportation company reported $3.33 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $4.15 by $0.82. The firm earned $790.68 million during the quarter, compared to the consensus estimate of $775.14 million. AMERCO had a net margin of 13.00% and a return on equity of 16.14%. The business’s quarterly revenue was up 6.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $4.17 earnings per share. Equities analysts expect that AMERCO will post $21.06 earnings per share for the current fiscal year.
AMERCO Company Profile
AMERCO is a do-it-yourself moving and storage operator through its subsidiary, U-Haul International, Inc (U-Haul). The Company supplies its products and services to help people move and store their household and commercial goods through U-Haul. It sells U-Haul brand boxes, tape, and other moving and self-storage products and services to do-it-yourself moving and storage customers at its distribution outlets and through uhaul.com and eMove Websites.
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