AMERCO Stock Rating Reaffirmed by Zacks (UHAL)
AMERCO (NASDAQ:UHAL)‘s stock had its “outperform” rating restated by Zacks in a research note issued on Thursday. They currently have a $290.00 target price on the stock. Zacks‘s target price points to a potential upside of 5.61% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Sidoti initiated coverage on shares of AMERCO in a research note on Friday, April 11th. They set a “buy” rating and a $310.00 price target on the stock. Finally, analysts at Ned Davis Research upgraded shares of AMERCO from a “neutral” rating to a “buy” rating in a research note on Monday, March 10th.
Shares of AMERCO (NASDAQ:UHAL) traded up 2.64% during mid-day trading on Thursday, hitting $274.60. The stock had a trading volume of 71,214 shares. AMERCO has a one year low of $158.08 and a one year high of $281.08. The stock’s 50-day moving average is $256.1 and its 200-day moving average is $236.4. The company has a market cap of $5.384 billion and a price-to-earnings ratio of 15.34.
AMERCO (NASDAQ:UHAL) last released its earnings data on Wednesday, May 28th. The company reported $2.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.69 by $0.31. The company had revenue of $610.58 million for the quarter, compared to the consensus estimate of $564.31 million. During the same quarter in the previous year, the company posted $1.93 earnings per share. The company’s revenue for the quarter was up 8.2% on a year-over-year basis. On average, analysts predict that AMERCO will post $18.98 earnings per share for the current fiscal year.
AMERCO is a do-it-yourself moving and storage operator through its subsidiary U-Haul International, Inc (NASDAQ:UHAL).
To view Zacks’ full report, visit Zacks’ official website.
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