United Rentals Director Jenne K. Britell Sells 2,000 Shares (URI)
United Rentals (NYSE:URI) Director Jenne K. Britell unloaded 2,000 shares of United Rentals stock in a transaction dated Monday, August 25th. The shares were sold at an average price of $118.69, for a total transaction of $237,380.00. Following the transaction, the director now directly owns 44,294 shares of the company’s stock, valued at approximately $5,257,255. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of United Rentals (NYSE:URI) traded up 0.30% on Tuesday, hitting $118.33. 726,550 shares of the company’s stock traded hands. United Rentals has a one year low of $52.39 and a one year high of $119.18. The stock’s 50-day moving average is $110.5 and its 200-day moving average is $99.00. The company has a market cap of $11.349 billion and a P/E ratio of 28.61.
United Rentals (NYSE:URI) last issued its quarterly earnings data on Wednesday, July 16th. The company reported $0.90 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.47 by $0.57. The company had revenue of $1.40 billion for the quarter, compared to the consensus estimate of $1.36 billion. During the same quarter in the previous year, the company posted $1.12 earnings per share. The company’s revenue for the quarter was up 16.0% on a year-over-year basis. On average, analysts predict that United Rentals will post $6.63 earnings per share for the current fiscal year.
URI has been the subject of a number of recent research reports. Analysts at Citigroup Inc. reiterated a “buy” rating on shares of United Rentals in a research note on Monday, July 21st. They now have a $128.00 price target on the stock, up previously from $110.00. Separately, analysts at Macquarie reiterated a “neutral” rating on shares of United Rentals in a research note on Friday, July 18th. They now have a $115.00 price target on the stock, up previously from $100.00. Finally, analysts at RBC Capital raised their price target on shares of United Rentals from $110.00 to $128.00 in a research note on Friday, July 18th. They now have a “top pick” rating on the stock. Four investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has issued a strong buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of $108.58.
United Rentals, Inc (NYSE:URI) is a holding company.
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