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United Rentals, Inc (NYSE: URI) closed the day trading at $709.31 down -1.53% from the previous closing price of $720.35. In other words, the price has decreased by -$1.53 from its previous closing price. On the day, 0.64 million shares were traded.
Ratios:
For a better understanding of URI, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 101.36 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 110.56. For the most recent quarter (mrq), Quick Ratio is recorded 0.92 and its Current Ratio is at 0.98. In the meantime, Its Debt-to-Equity ratio is 1.72 whereas as Long-Term Debt/Eq ratio is at 1.54.
On June 28, 2024, Raymond James started tracking the stock assigning a Outperform rating and target price of $750.
On June 26, 2024, Citigroup started tracking the stock assigning a Buy rating and target price of $745.Citigroup initiated its Buy rating on June 26, 2024, with a $745 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:
As of this moment, United’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.31, and their Forward P/E ratio for the next fiscal year is 14.41. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.13. 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 5.37.
Stock Price History:
Over the past 52 weeks, URI has reached a high of $896.98, while it has fallen to a 52-week low of $596.48. The 50-Day Moving Average of the stock is -4.93%, while the 200-Day Moving Average is calculated to be -4.15%.
Shares Statistics:
A total of 65.31M shares are outstanding, with a floating share count of 64.94M. Insiders hold about 0.56% of the company’s shares, while institutions hold 92.43% stake in the company.
