Amerco Upgraded to “Strong-Buy” at CL King (UHAL)
Amerco (NASDAQ:UHAL) was upgraded by research analysts at CL King from a “neutral” rating to a “strong-buy” rating in a report released on Monday, TheFlyOnTheWall.com reports.
Shares of Amerco (NASDAQ:UHAL) opened at 172.00 on Monday. Amerco has a 52 week low of $98.74 and a 52 week high of $182.77. The stock has a 50-day moving average of $169.1 and a 200-day moving average of $167.0. The company has a market cap of $3.372 billion and a price-to-earnings ratio of 10.95.
Amerco (NASDAQ:UHAL) last issued its quarterly earnings data on Wednesday, August 7th. The company reported $5.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.37 by $1.41. The company had revenue of $746.80 million for the quarter, compared to the consensus estimate of $667.68 million. During the same quarter in the previous year, the company posted $4.13 earnings per share. The company’s revenue for the quarter was up 11.9% on a year-over-year basis. On average, analysts predict that Amerco will post $15.05 earnings per share for the current fiscal year.
Separately, analysts at Zacks reiterated an “outperform” rating on shares of Amerco (NASDAQ:UHAL) in a research note to investors on Tuesday, September 10th. They now have a $190.00 price target on the stock.
AMERCO is a do-it-yourself moving and storage operator through its subsidiary U-Haul International, Inc (NASDAQ:UHAL).
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