News stories about United Rentals (NYSE:URI) have been trending somewhat positive on Saturday, Accern Sentiment reports. The research group identifies negative and positive press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. United Rentals earned a daily sentiment score of 0.08 on Accern’s scale. Accern also assigned media headlines about the construction company an impact score of 46.2964730074672 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the news stories that may have impacted Accern Sentiment Analysis’s analysis:
- Investor Alert: WPP AUNZ Limited (ASX:WPP), United Rentals, Inc. (NYSE:URI) Quant Signals Under the Lens (baycityobserver.com)
- What’s Behind the Numbers For United Rentals, Inc. (NYSE:URI)? (baycityobserver.com)
- Institutional Ownership Update on United Rentals, Inc. (NYSE:URI) (baycityobserver.com)
- Validea Peter Lynch Strategy Daily Upgrade Report – 9/7/2018 (nasdaq.com)
- Hot Moves to Watch – Thomson Reuters Corporation (NYSE:TRI), United Rentals, Inc. (NYSE:URI), Banco Santander … (journalfinance.net)
Several equities research analysts recently weighed in on URI shares. Zacks Investment Research lowered United Rentals from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 19th. UBS Group raised United Rentals from a “neutral” rating to a “buy” rating and set a $196.00 price objective for the company in a report on Friday, June 22nd. Buckingham Research upgraded United Rentals from a “neutral” rating to a “buy” rating and set a $180.00 target price for the company in a research note on Friday, July 13th. Bank of America set a $186.00 target price on United Rentals and gave the stock a “buy” rating in a research note on Wednesday, July 18th. Finally, Deutsche Bank set a $158.00 target price on United Rentals and gave the stock a “hold” rating in a research note on Wednesday. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and eight have given a buy rating to the company. United Rentals has a consensus rating of “Buy” and an average target price of $184.18.
Shares of NYSE URI opened at $152.30 on Friday. United Rentals has a 52 week low of $123.45 and a 52 week high of $190.74. The company has a quick ratio of 0.63, a current ratio of 0.68 and a debt-to-equity ratio of 2.56. The stock has a market capitalization of $12.96 billion, a price-to-earnings ratio of 14.38, a P/E/G ratio of 0.55 and a beta of 2.46.
United Rentals (NYSE:URI) last issued its earnings results on Wednesday, July 18th. The construction company reported $3.85 EPS for the quarter, topping the consensus estimate of $3.45 by $0.40. United Rentals had a return on equity of 39.28% and a net margin of 21.18%. The business had revenue of $1.89 billion during the quarter, compared to the consensus estimate of $1.85 billion. During the same quarter last year, the company earned $2.37 EPS. The firm’s revenue was up 18.4% compared to the same quarter last year. equities analysts forecast that United Rentals will post 15.95 earnings per share for the current fiscal year.
In other United Rentals news, CEO Michael Kneeland sold 30,000 shares of the firm’s stock in a transaction dated Friday, July 20th. The stock was sold at an average price of $155.37, for a total value of $4,661,100.00. Following the completion of the transaction, the chief executive officer now owns 219,925 shares in the company, valued at approximately $34,169,747.25. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 1.00% of the stock is owned by company insiders.
About United Rentals
United Rentals, Inc, through its subsidiaries, operates as an equipment rental company. It operates in two segments, General Rentals; and Trench, Power, and Pump. The General Rentals segment engages in the rental of general construction and industrial equipment, such as 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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