The United Rentals, Inc. (NYSE:URI) is going up by 0.69% in today’s trading session, a rise equivalent to 0.85% of the stock’s price from yesterday’s market close. A news came out on 09/03/19 stating that United Rentals to Present at the Morgan Stanley Seventh Annual Laguna Conference by WSJ. The lowest point that the shares touched during the trading session was $119.58, while the peak of the day was recorded at a share price of $124.17. URI finished the previous session at $124.05 according to the data provided by Barchart, while the trading volume was observed to be $954,440.
In the 100 days of trading, URI managed to top a 123.74% Moving average. Additionally, United Rentals, Inc. shares have achieved a 52-week range between 94.28 and 173.00 alongside 100 days raw stochastic set at 61.62%.
The number of shares outstanding, according to the fundamentals of the company, is set at 76.90M, equal to the value of $9.54B in market capitalization. In the last 30 days, United Rentals, Inc. shares went down by -2.38%, adding 127.54 to growth in value, on top of a +22.19% boost since 08/09/19.
United Rentals, Inc. (NYSE:URI) Analyst’s Estimates
United Rentals, Inc. (URI) could record at least $5.68 per share in quarterly earnings in the upcoming report on 10/21/2019, a number that would actually represent an increase of 10.68% YOY.
According to the average analyst rating, United Rentals, Inc. would be rated as Overweight. Out of 18 different analysts monitoring URI stock, 12 analysts rate the stock as a BUY, 6 suggest to give the rating of HOLD, 0 indicate that URI is an OVERWEIGHT, 0 rated the stock as a SELL, and 0 analyst believes that the stock should be rated as UNDERWEIGHT.
On Dec-14-18, the stock earned a Resumed rating due to a new analyst call from Barclays, while analysts from Standpoint Research believe that the stock is set at Buy, as concluded on Oct-23-18. Argus, is still rather wary about the stock, deciding to keep the rating at Buy as confirmed through a call on Oct-22-18.
Morgan Stanley, on the other hand, provided a rather enthusiastic opinion on the rating, concluded in an analyst call on Mar-02-18, giving the stock a Overweight rating.
URI Key Ratios To Watch:
Taking in account the profitability of the Company, gross profit margin of +37.98% has been attained, while the operating margin has been recorded at +25.08%. The firm is also showcasing profitability through returns on assets in the company’s ownership, with ROA set at 6.44%. Beta value of the stock is recorded at 2.65. Additionally, United Rentals, Inc. is recording price volatility of 2.81% for the period of the last seven days and 3.40% in the last 30 days.
United Rentals, Inc. (NYSE:URI) Technical Outlook
For the period of the last 50 days, United Rentals, Inc. had its Raw Stochastic average set at 62.81% for the latest technical analysis. In comparison to the period of the last 20 days, the present Raw Stochastic average for the last 50 days poses as improvement, set at 88.18%. Stochastic %K for United Rentals, Inc., with the last 20 days included, was set at 95.69%, having Stochastic %D topping 94.83%. Based on the previous performance of the company for the mentioned period, there are more than several recorded moving trends. When it comes to the period of the last 12 months, accounting the time for year-to-date, price performance appears to be encouraging for United Rentals, Inc. stocks with recording 20.99% in metrics.
United Rentals, Inc. Insider Watch:
As far as the position of shares issued by United Rentals, Inc. (NYSE:URI) for the period concluded at the market close of 09/10/19, 311 institutional investors increased their positions in URI shares by 8,951,985, 357 decreased positions by 8,386,211 and 90 institutional investors decided to hold positions at 52,765,227. These numbers put the complete list of institutional holdings set at 70,103,423 shares, in accordance with filings submitted to the Securities and Exchange Commission. The stock had another 93 institutional investments with 3,360,996 new shares in addition to having 84 institutional investors selling their positions in 1,871,620 shares.