Analysts Set United Rentals, Inc. (URI) PT at $158.80
Shares of United Rentals, Inc. (NYSE:URI) have received a consensus rating of “Hold” from the thirteen ratings firms that are presently covering the stock, Marketbeat.com reports. Two analysts have rated the stock with a sell rating, three have issued a hold rating and eight have given a buy rating to the company. The average 1-year price target among brokers that have covered the stock in the last year is $158.80.
A number of research analysts have recently weighed in on URI shares. Zacks Investment Research lowered United Rentals from a “buy” rating to a “hold” rating in a research report on Friday, January 11th. Standpoint Research lowered United Rentals from a “buy” rating to a “hold” rating in a research report on Tuesday, February 19th. Finally, Barclays started coverage on United Rentals in a research report on Friday, December 14th. They set an “equal weight” rating and a $130.00 price objective for the company.
Shares of United Rentals stock traded up $2.52 during trading on Friday, reaching $118.63. 67,825 shares of the stock traded hands, compared to its average volume of 1,314,720. The firm has a market cap of $9.41 billion, a price-to-earnings ratio of 7.29, a PEG ratio of 0.35 and a beta of 2.52. The company has a quick ratio of 0.78, a current ratio of 0.83 and a debt-to-equity ratio of 3.19. United Rentals has a 52-week low of $94.28 and a 52-week high of $190.30.
In related news, EVP Craig Adam Pintoff sold 4,566 shares of United Rentals stock in a transaction dated Friday, March 8th. The stock was sold at an average price of $123.17, for a total value of $562,394.22. Following the completion of the transaction, the executive vice president now owns 17,880 shares in the company, valued at $2,202,279.60. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Paul I. Mcdonnell sold 10,500 shares of United Rentals stock in a transaction dated Wednesday, March 13th. The stock was sold at an average price of $125.59, for a total value of $1,318,695.00. Following the completion of the transaction, the executive vice president now owns 22,285 shares of the company’s stock, valued at approximately $2,798,773.15. The disclosure for this sale can be found here. In the last quarter, insiders sold 64,347 shares of company stock valued at $8,276,837. 1.00% of the stock is currently owned by company insiders.
A number of institutional investors and hedge funds have recently added to or reduced their stakes in URI. Doyle Wealth Management bought a new stake in United Rentals in the fourth quarter worth about $28,000. CSat Investment Advisory L.P. lifted its stake in United Rentals by 160.7% in the fourth quarter. CSat Investment Advisory L.P. now owns 279 shares of the construction company’s stock worth $29,000 after purchasing an additional 172 shares during the last quarter. Rational Advisors LLC lifted its stake in United Rentals by 9,100.0% in the fourth quarter. Rational Advisors LLC now owns 368 shares of the construction company’s stock worth $38,000 after purchasing an additional 364 shares during the last quarter. Executive Wealth Management LLC bought a new stake in United Rentals in the fourth quarter worth about $42,000. Finally, Paradigm Asset Management Co. LLC bought a new stake in United Rentals in the third quarter worth about $49,000. Institutional investors own 85.37% of the company’s stock.
United Rentals Company Profile
United Rentals, Inc, through its subsidiaries, operates as an equipment rental company. It operates in two segments, General Rentals; and Trench, Power and Fluid Solutions. The General Rentals segment rents general construction and industrial equipment, including backhoes, skid-steer loaders, forklifts, earthmoving equipment, and material handling equipment; aerial work platforms, such as boom lifts and scissor lifts; and general tools and light equipment comprising pressure washers, water pumps, and power tools.
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