AMERCO (NASDAQ:UHAL) was upgraded by analysts at BidaskClub from a “strong sell” rating to a “sell” rating in a research report issued on Wednesday.

Separately, ValuEngine upgraded shares of AMERCO from a “hold” rating to a “buy” rating in a research report on Monday, September 11th.

Shares of AMERCO (NASDAQ:UHAL) traded up $2.85 on Wednesday, reaching $381.12. 42,740 shares of the company were exchanged, compared to its average volume of 94,598. The stock has a market capitalization of $7,473.00, a P/E ratio of 22.93 and a beta of 1.11. The company has a debt-to-equity ratio of 1.12, a current ratio of 2.60 and a quick ratio of 2.37. AMERCO has a 1-year low of $338.30 and a 1-year high of $400.99.

AMERCO (NASDAQ:UHAL) last announced its earnings results on Wednesday, November 8th. The transportation company reported $6.36 earnings per share for the quarter, missing analysts’ consensus estimates of $7.18 by ($0.82). The company had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $975.90 million. AMERCO had a net margin of 9.30% and a return on equity of 11.28%. The company’s revenue for the quarter was up 4.4% compared to the same quarter last year. During the same period in the prior year, the business earned $9.01 earnings per share. research analysts anticipate that AMERCO will post 22.6 EPS for the current year.

Hedge funds and other institutional investors have recently modified their holdings of the business. Amalgamated Bank grew its holdings in shares of AMERCO by 3.4% in the second quarter. Amalgamated Bank now owns 919 shares of the transportation company’s stock worth $336,000 after purchasing an additional 30 shares during the last quarter. Tredje AP fonden grew its holdings in shares of AMERCO by 2.4% in the second quarter. Tredje AP fonden now owns 2,057 shares of the transportation company’s stock worth $753,000 after purchasing an additional 48 shares during the last quarter. US Bancorp DE grew its holdings in shares of AMERCO by 4.4% in the second quarter. US Bancorp DE now owns 1,176 shares of the transportation company’s stock worth $431,000 after purchasing an additional 50 shares during the last quarter. The Manufacturers Life Insurance Company grew its holdings in shares of AMERCO by 10.1% in the second quarter. The Manufacturers Life Insurance Company now owns 656 shares of the transportation company’s stock worth $241,000 after purchasing an additional 60 shares during the last quarter. Finally, DekaBank Deutsche Girozentrale grew its holdings in shares of AMERCO by 12.0% in the second quarter. DekaBank Deutsche Girozentrale now owns 758 shares of the transportation company’s stock worth $283,000 after purchasing an additional 81 shares during the last quarter. Institutional investors and hedge funds own 30.70% of the company’s stock.

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AMERCO Company Profile

AMERCO is a do-it-yourself moving and storage operator through its subsidiary, U-Haul International, Inc (U-Haul). The Company supplies its products and services to help people move and store their household and commercial goods through U-Haul. It sells U-Haul brand boxes, tape, and other moving and self-storage products and services to do-it-yourself moving and storage customers at its distribution outlets and through uhaul.com and eMove Websites.

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