United Rentals, Inc. (NYSE:URI)‘s stock had its “buy” rating reaffirmed by research analysts at Jefferies Group LLC in a research note issued on Thursday. They presently have a $150.00 price target on the construction company’s stock. Jefferies Group LLC’s price target would indicate a potential upside of 25.58% from the company’s current price.

A number of other equities analysts have also commented on URI. Zacks Investment Research lowered shares of United Rentals from a “buy” rating to a “hold” rating in a report on Wednesday, December 21st. Axiom Securities reissued a “sell” rating on shares of United Rentals in a report on Tuesday, December 27th. Avondale Partners raised shares of United Rentals from a “market perform” rating to an “outperform” rating and increased their price target for the stock from $124.40 to $145.00 in a report on Thursday, January 26th. Barclays PLC increased their price target on shares of United Rentals from $120.00 to $128.00 and gave the stock an “overweight” rating in a report on Thursday, January 26th. Finally, Citigroup Inc increased their price target on shares of United Rentals from $125.00 to $140.00 and gave the stock a “buy” rating in a report on Thursday, January 26th. Two investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and nine have given a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $117.82.

Analyst Recommendations for United Rentals (NYSE:URI)

United Rentals (NYSE:URI) opened at 119.45 on Thursday. The stock’s 50 day moving average is $123.79 and its 200 day moving average is $107.62. United Rentals has a one year low of $56.01 and a one year high of $134.28. The company has a market capitalization of $10.07 billion, a PE ratio of 18.52 and a beta of 2.49. United Rentals also was the recipient of unusually large options trading activity on Wednesday. Stock investors bought 11,162 put options on the company. This is an increase of approximately 617% compared to the typical daily volume of 1,557 put options.

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United Rentals (NYSE:URI) last issued its quarterly earnings results on Wednesday, April 19th. The construction company reported $1.63 EPS for the quarter, topping the Zacks’ consensus estimate of $1.51 by $0.12. The firm had revenue of $1.36 billion for the quarter, compared to analyst estimates of $1.33 billion. United Rentals had a net margin of 9.82% and a return on equity of 50.17%. The business’s revenue for the quarter was up 3.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.40 EPS. On average, analysts anticipate that United Rentals will post $9.35 earnings per share for the current fiscal year.

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In other United Rentals news, COO Matthew John Flannery sold 18,785 shares of the stock in a transaction on Monday, March 13th. The shares were sold at an average price of $124.47, for a total transaction of $2,338,168.95. Following the completion of the sale, the chief operating officer now owns 30,426 shares of the company’s stock, valued at approximately $3,787,124.22. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Brian Mcauley sold 3,000 shares of the stock in a transaction on Thursday, February 2nd. The shares were sold at an average price of $127.46, for a total transaction of $382,380.00. The disclosure for this sale can be found here. Insiders have sold a total of 65,822 shares of company stock valued at $8,285,451 in the last three months. 1.30% of the stock is currently owned by corporate insiders.

Several large investors have recently bought and sold shares of the company. Columbus Circle Investors bought a new stake in United Rentals during the first quarter valued at approximately $8,383,000. Boys Arnold & Co. Inc. boosted its stake in United Rentals by 77.3% in the first quarter. Boys Arnold & Co. Inc. now owns 4,478 shares of the construction company’s stock valued at $560,000 after buying an additional 1,953 shares in the last quarter. Nisa Investment Advisors LLC boosted its stake in United Rentals by 2.8% in the first quarter. Nisa Investment Advisors LLC now owns 41,701 shares of the construction company’s stock valued at $5,215,000 after buying an additional 1,125 shares in the last quarter. Bank of The West bought a new stake in United Rentals during the first quarter valued at approximately $502,000. Finally, DnB Asset Management AS bought a new stake in United Rentals during the first quarter valued at approximately $1,376,000. 95.15% of the stock is owned by hedge funds and other institutional investors.

United Rentals Company Profile

United Rentals, Inc is a holding company. The Company is an equipment rental company, which operates throughout the United States and Canada. It operates through two segments: general rentals, and trench, power and pump. The general rentals segment includes the rental of construction, aerial, industrial and homeowner equipment and related services and activities.

5 Day Chart for NYSE:URI

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