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As of close of business last night, United Rentals, Inc.’s stock clocked out at $666.29, up 3.27% from its previous closing price of $645.19. In other words, the price has increased by $3.27 from its previous closing price. On the day, 0.68 million shares were traded. URI stock price reached its highest trading level at $675.58 during the session, while it also had its lowest trading level at $652.67.
Ratios:
To gain a deeper understanding of URI’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 103.42 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 43.29. For the most recent quarter (mrq), Quick Ratio is recorded 0.83 and its Current Ratio is at 0.89. In the meantime, Its Debt-to-Equity ratio is 1.65 whereas as Long-Term Debt/Eq ratio is at 1.51.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Raymond James on June 28, 2024, initiated with a Outperform rating and assigned the stock a target price of $750.
On June 26, 2024, Citigroup started tracking the stock assigning a Buy rating and target price of $745.
On June 07, 2024, JP Morgan started tracking the stock assigning a Overweight rating and target price of $780.JP Morgan initiated its Overweight rating on June 07, 2024, with a $780 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on May 15 ’24 when Leopold Anthony S. sold 1,981 shares for $712.00 per share. The transaction valued at 1,410,472 led to the insider holds 3,017 shares of the business.
Durand Michael D sold 559 shares of URI for $377,081 on May 03 ’24. The EVP, Chief Operating Officer now owns 8,052 shares after completing the transaction at $674.56 per share. On Apr 30 ’24, another insider, Flannery Matthew John, who serves as the President & CEO of the company, sold 8,379 shares for $699.63 each. As a result, the insider received 5,862,200 and left with 103,400 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, URI now has a Market Capitalization of 44754898944 and an Enterprise Value of 57310199808. As of this moment, United’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.04, and their Forward P/E ratio for the next fiscal year is 14.04. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.30. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.05 while its Price-to-Book (P/B) ratio in mrq is 5.48. Its current Enterprise Value per Revenue stands at 3.944 whereas that against EBITDA is 12.827.
Stock Price History:
The Beta on a monthly basis for URI is 1.70, which has changed by 0.4957683 over the last 52 weeks, in comparison to a change of 0.23951602 over the same period for the S&P500. Over the past 52 weeks, URI has reached a high of $732.37, while it has fallen to a 52-week low of $387.01. The 50-Day Moving Average of the stock is 1.40%, while the 200-Day Moving Average is calculated to be 13.06%.
Shares Statistics:
It appears that URI traded 566.87K shares on average per day over the past three months and 549420 shares per day over the past ten days. A total of 67.27M shares are outstanding, with a floating share count of 66.25M. Insiders hold about 0.51% of the company’s shares, while institutions hold 94.26% stake in the company. Shares short for URI as of 1718323200 were 3225330 with a Short Ratio of 4.85, compared to 1715731200 on 2722750. Therefore, it implies a Short% of Shares Outstanding of 3225330 and a Short% of Float of 5.4899998.
Dividends & Splits
With its trailing 12-month dividend rate of 6.07, URI has a forward annual dividend rate of 6.22. Against a Trailing Annual Dividend Yield of 0.009408082
