U-Haul (NYSE:UHAL) Shares Down 11% – Should You Sell?

U-Haul Holding Company (NYSE:UHAL) fell 11% during mid-day trading on Thursday . The company traded as low as $52.28 and last traded at $52.52. 64,601 shares changed hands during trading, a decline of 63% from the average session volume of 174,480 shares. The stock had previously closed at $59.04.

Analyst Ratings Changes

A number of research firms have recently weighed in on UHAL. Vertical Research upgraded U-Haul to a “strong-buy” rating in a report on Monday, November 3rd. Weiss Ratings reiterated a “sell (d)” rating on shares of U-Haul in a research report on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

U-Haul Trading Down 13.0%

The company has a quick ratio of 1.81, a current ratio of 2.01 and a debt-to-equity ratio of 0.97. The stock has a market cap of $10.07 billion, a price-to-earnings ratio of 50.84 and a beta of 1.13. The company’s fifty day moving average is $54.11 and its two-hundred day moving average is $55.50.

U-Haul (NYSE:UHAL) last released its quarterly earnings data on Wednesday, February 4th. The company reported ($0.23) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.24) by $0.01. The business had revenue of $1.42 billion during the quarter. U-Haul had a net margin of 3.90% and a return on equity of 2.99%.

U-Haul Company Profile

U-Haul (NYSE: UHAL) is a leading provider of do-it-yourself moving and storage solutions in North America. The company offers a comprehensive suite of products and services that includes the rental of trucks, trailers and towing equipment, as well as portable moving containers known as U-Box. In addition to vehicle rentals, U-Haul supplies customers with moving essentials such as boxes, packing materials and hitch installations, ensuring an integrated moving experience. The company also operates self-storage facilities under the U-Haul Storage brand, catering to both short-term and long-term needs.

Founded in 1945 by Leonard Shoen in Ridgefield, Washington, U-Haul has expanded its footprint through a mix of corporate-owned centers and independent dealer locations.