United Rentals (URI) Earns Media Impact Score of 0.41
Headlines about United Rentals (NYSE:URI) have been trending positive on Thursday, according to Accern Sentiment. The research firm identifies positive and negative news coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. United Rentals earned a media sentiment score of 0.41 on Accern’s scale. Accern also assigned news headlines about the construction company an impact score of 86 out of 100, meaning that recent news coverage is very likely to have an impact on the stock’s share price in the next few days.
Here are some of the news headlines that may have impacted Accern’s rankings:
- United Rentals, Inc. (NYSE:URI) Raised to “Buy” at Zacks Investment Research (americanbankingnews.com)
- Pioneer Investment Management Inc Buys A Lot More United Rentals, Inc. (URI) Stock – First News 24 (firstnewspaper24.com)
- United Rentals, Inc. (URI) Downgraded by Zacks Investment Research to “Hold” (americanbankingnews.com)
- Bounding Shares, What’s Next for United Rentals, Inc. (NYSE:URI) and Fortune Brands Home & Security, Inc. (NYSE … – FLBC News (flbcnews.com)
- BRIEF-United Rentals unit is offering $925 mln principal amount of senior notes due 2028 (reuters.com)
Shares of United Rentals (NYSE:URI) traded up 1.11% during mid-day trading on Thursday, reaching $116.31. The company had a trading volume of 1,177,313 shares. United Rentals has a 1-year low of $70.58 and a 1-year high of $134.28. The company has a market capitalization of $9.83 billion, a PE ratio of 16.98 and a beta of 2.43. The stock’s 50-day moving average price is $112.76 and its 200 day moving average price is $117.20.
United Rentals (NYSE:URI) last announced its quarterly earnings data on Wednesday, July 19th. The construction company reported $2.37 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $2.28 by $0.09. The firm had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.55 billion. United Rentals had a return on equity of 46.01% and a net margin of 9.86%. United Rentals’s quarterly revenue was up 12.4% on a year-over-year basis. During the same period in the previous year, the company earned $2.06 earnings per share. Equities analysts expect that United Rentals will post $9.91 EPS for the current year.
Several research firms have recently commented on URI. Bank of America Corporation raised shares of United Rentals from a “neutral” rating to a “buy” rating in a research report on Friday, April 28th. Jefferies Group LLC reaffirmed a “buy” rating and set a $150.00 price target on shares of United Rentals in a research report on Thursday, April 20th. Vetr raised shares of United Rentals from a “hold” rating to a “buy” rating and set a $125.52 target price for the company in a report on Friday, April 14th. BidaskClub raised shares of United Rentals from a “hold” rating to a “buy” rating in a report on Saturday, July 1st. Finally, ValuEngine lowered shares of United Rentals from a “strong-buy” rating to a “buy” rating in a report on Thursday, July 20th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating, twelve have given a buy rating and two have assigned a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $124.50.
ILLEGAL ACTIVITY WARNING: “United Rentals (URI) Earns Media Impact Score of 0.41” was originally published by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are reading this article on another site, it was illegally copied and republished in violation of United States & international trademark and copyright legislation. The legal version of this article can be read at https://www.thecerbatgem.com/2017/08/03/united-rentals-uri-getting-favorable-media-coverage-study-shows-updated-updated-updated.html.
In related news, insider Michael Kneeland sold 30,000 shares of the business’s stock in a transaction dated Friday, July 21st. The stock was sold at an average price of $120.77, for a total value of $3,623,100.00. Following the completion of the sale, the insider now directly owns 302,292 shares of the company’s stock, valued at $36,507,804.84. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 1.20% of the stock is owned by insiders.
United Rentals Company Profile
United Rentals, Inc is a holding company. The Company is an equipment rental company, which operates throughout the United States and Canada. It operates through two segments: general rentals, and trench, power and pump. The general rentals segment includes the rental of construction, aerial, industrial and homeowner equipment and related services and activities.
Receive News & Stock Ratings for United Rentals Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Rentals Inc. and related stocks with our FREE daily email newsletter.