United Rentals, Inc. (NYSE:URI) has received a consensus rating of “Hold” from the seventeen ratings firms that are currently covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, nine have issued a hold rating and six have issued a buy rating on the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $128.93.

URI has been the topic of a number of research reports. ValuEngine raised United Rentals from a “strong sell” rating to a “sell” rating in a research report on Thursday, April 30th. UBS Group raised United Rentals from a “neutral” rating to a “buy” rating and set a $136.00 target price on the stock in a research report on Thursday. Citigroup lowered their target price on United Rentals from $160.00 to $135.00 and set a “buy” rating on the stock in a research report on Friday, March 13th. Goldman Sachs Group lowered their target price on United Rentals from $200.00 to $135.00 and set a “buy” rating on the stock in a research report on Thursday, March 19th. Finally, Oppenheimer initiated coverage on United Rentals in a research report on Sunday, May 3rd. They set a “hold” rating on the stock.

URI traded up $2.51 during trading on Thursday, hitting $118.57. The company’s stock had a trading volume of 1,468,327 shares, compared to its average volume of 1,670,705. United Rentals has a twelve month low of $58.85 and a twelve month high of $170.04. The company has a quick ratio of 1.05, a current ratio of 1.11 and a debt-to-equity ratio of 2.96. The stock’s fifty day moving average price is $106.39 and its 200-day moving average price is $135.54. The firm has a market capitalization of $8.28 billion, a P/E ratio of 7.73, a PEG ratio of 0.86 and a beta of 2.27.

United Rentals (NYSE:URI) last issued its quarterly earnings results on Wednesday, April 29th. The construction company reported $3.35 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $3.31 by $0.04. United Rentals had a return on equity of 41.15% and a net margin of 12.52%. The firm had revenue of $2.13 billion for the quarter, compared to analyst estimates of $2.08 billion. During the same period in the previous year, the firm earned $3.31 earnings per share. The company’s revenue was up .4% compared to the same quarter last year. Equities research analysts expect that United Rentals will post 11.64 EPS for the current fiscal year.

In other United Rentals news, Director Shiv Singh acquired 600 shares of United Rentals stock in a transaction on Friday, March 13th. The stock was purchased at an average price of $88.53 per share, for a total transaction of $53,118.00. Following the purchase, the director now directly owns 4,523 shares of the company’s stock, valued at $400,421.19. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 1.00% of the stock is owned by corporate insiders.

Large investors have recently made changes to their positions in the business. Penn Capital Management Co. Inc. grew its stake in shares of United Rentals by 0.4% during the 4th quarter. Penn Capital Management Co. Inc. now owns 16,877 shares of the construction company’s stock worth $2,815,000 after acquiring an additional 63 shares during the period. Assetmark Inc. grew its stake in shares of United Rentals by 65.3% during the 4th quarter. Assetmark Inc. now owns 195 shares of the construction company’s stock worth $33,000 after acquiring an additional 77 shares during the period. Zeke Capital Advisors LLC grew its stake in shares of United Rentals by 3.2% during the 4th quarter. Zeke Capital Advisors LLC now owns 2,667 shares of the construction company’s stock worth $445,000 after acquiring an additional 82 shares during the period. Coastal Investment Advisors Inc. grew its stake in shares of United Rentals by 10.8% during the 4th quarter. Coastal Investment Advisors Inc. now owns 954 shares of the construction company’s stock worth $147,000 after acquiring an additional 93 shares during the period. Finally, Selway Asset Management grew its stake in shares of United Rentals by 2.9% during the 1st quarter. Selway Asset Management now owns 3,550 shares of the construction company’s stock worth $365,000 after acquiring an additional 100 shares during the period. Hedge funds and other institutional investors own 93.30% 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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Analyst Recommendations for United Rentals (NYSE:URI)

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