In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
United Rentals, Inc (NYSE: URI) closed the day trading at $774.08 up 2.07% from the previous closing price of $758.39. In other words, the price has increased by $2.07 from its previous closing price. On the day, 1.03 million shares were traded. URI stock price reached its highest trading level at $782.9499 during the session, while it also had its lowest trading level at $747.115.
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 111.15 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 121.23. 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:
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 50796990464 and an Enterprise Value of 63703355392. As of this moment, United’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.98, and their Forward P/E ratio for the next fiscal year is 15.16. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.00. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.31 while its Price-to-Book (P/B) ratio in mrq is 5.86. Its current Enterprise Value per Revenue stands at 4.253 whereas that against EBITDA is 14.025.
Stock Price History:
The Beta on a monthly basis for URI is 1.68, which has changed by 0.15926325 over the last 52 weeks, in comparison to a change of 0.21794415 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 $596.48. The 50-Day Moving Average of the stock is -0.11%, while the 200-Day Moving Average is calculated to be 5.33%.
Shares Statistics:
Over the past 3-months, URI traded about 587.98K shares per day on average, while over the past 10 days, URI traded about 680160 shares per day. A total of 65.31M shares are outstanding, with a floating share count of 65.28M. Insiders hold about 0.52% of the company’s shares, while institutions hold 95.19% stake in the company. Shares short for URI as of 1736899200 were 1574563 with a Short Ratio of 2.68, compared to 1734048000 on 1750592. Therefore, it implies a Short% of Shares Outstanding of 1574563 and a Short% of Float of 2.73.
