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After finishing at $695.31 in the prior trading day, United Rentals, Inc (NYSE: URI) closed at $684.00, down -1.63%. In other words, the price has decreased by -$1.63 from its previous closing price. On the day, 0.73 million shares were traded. URI stock price reached its highest trading level at $705.0 during the session, while it also had its lowest trading level at $683.01.
Ratios:
Our goal is to gain a better understanding of URI by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 94.45 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 60.89. For the most recent quarter (mrq), Quick Ratio is recorded 0.77 and its Current Ratio is at 0.82. In the meantime, Its Debt-to-Equity ratio is 1.68 whereas as Long-Term Debt/Eq ratio is at 1.50.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Oct 28 ’24 when Leopold Anthony S. sold 900 shares for $823.24 per share. The transaction valued at 740,918 led to the insider holds 2,044 shares of the business.
Anthony Leopold bought 900 shares of URI for $740,912 on Oct 28 ’24. On Aug 02 ’24, another insider, Gross Joli L., who serves as the SVP, Chief LGL & Sustain. Off. of the company, sold 360 shares for $690.00 each. As a result, the insider received 248,400 and left with 4,090 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 45627928576 and an Enterprise Value of 58821705728. As of this moment, United’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.87, and their Forward P/E ratio for the next fiscal year is 14.66. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.49. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.02 while its Price-to-Book (P/B) ratio in mrq is 5.24. Its current Enterprise Value per Revenue stands at 3.927 whereas that against EBITDA is 12.951.
Stock Price History:
The Beta on a monthly basis for URI is 1.68, which has changed by 0.2687676 over the last 52 weeks, in comparison to a change of 0.24933672 over the same period for the S&P500. Over the past 52 weeks, URI has reached a high of $896.98, while it has fallen to a 52-week low of $533.70. The 50-Day Moving Average of the stock is -14.84%, while the 200-Day Moving Average is calculated to be -6.48%.
Shares Statistics:
The stock has traded on average 527.70K shares per day over the past 3-months and 507310 shares per day over the last 10 days, according to various share statistics. A total of 65.70M shares are outstanding, with a floating share count of 65.28M. Insiders hold about 0.52% of the company’s shares, while institutions hold 95.10% stake in the company. Shares short for URI as of 1734048000 were 1750592 with a Short Ratio of 3.32, compared to 1731628800 on 1874172. Therefore, it implies a Short% of Shares Outstanding of 1750592 and a Short% of Float of 3.0299999.
Dividends & Splits
In the trailing 12 months, URI’s forward annual dividend rate was 6.37, compared to 6.52 this year. Against a Trailing Annual Dividend Yield of 0.009161381
