Media headlines about United Rentals (NYSE:URI) have trended very positive this week, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of press coverage by analyzing more than 6,000 blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. United Rentals earned a media sentiment score of 3.67 on their scale. InfoTrie also assigned media stories about the construction company an news buzz score of 10 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock’s share price in the near future.
Here are some of the news stories that may have impacted United Rentals’ ranking:
- Notable Thursday Option Activity: URI, RRR, FTK (nasdaq.com)
- United Rentals Gains From Solid End-Market Demand & Buyouts (finance.yahoo.com)
- Is This The End Of The Road For United Rentals, Inc. (URI), Grifols, SA (GRFS) (rnsdaily.com)
- United Rentals Agrees to Acquire BlueLine Rental (ttnews.com)
- Final Trades: INTC, URI & more (finance.yahoo.com)
Shares of NYSE URI traded down $0.05 during trading on Friday, hitting $126.67. The company had a trading volume of 2,123,100 shares, compared to its average volume of 1,467,433. The company has a quick ratio of 0.76, a current ratio of 0.81 and a debt-to-equity ratio of 2.75. United Rentals has a 12 month low of $106.48 and a 12 month high of $190.74. The company has a market capitalization of $10.52 billion, a P/E ratio of 11.96, a price-to-earnings-growth ratio of 0.45 and a beta of 2.61.
United Rentals (NYSE:URI) last issued its earnings results on Wednesday, October 17th. The construction company reported $4.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.56 by $0.18. The company had revenue of $2.12 billion for the quarter, compared to the consensus estimate of $2.03 billion. United Rentals had a return on equity of 39.46% and a net margin of 21.96%. The firm’s quarterly revenue was up 19.8% on a year-over-year basis. During the same quarter last year, the company earned $3.25 EPS. Research analysts anticipate that United Rentals will post 16.17 EPS for the current year.
URI has been the topic of several recent analyst reports. UBS Group set a $196.00 price objective on United Rentals and gave the company a “buy” rating in a research report on Tuesday, August 14th. Zacks Investment Research raised United Rentals from a “hold” rating to a “buy” rating and set a $163.00 price objective on the stock in a research report on Tuesday, July 31st. Bank of America set a $186.00 price objective on United Rentals and gave the company a “buy” rating in a research report on Wednesday, July 18th. Buckingham Research raised United Rentals from a “neutral” rating to a “buy” rating and set a $180.00 price objective on the stock in a research report on Friday, July 13th. Finally, Citigroup dropped their price objective on United Rentals from $200.00 to $150.00 and set a “buy” rating on the stock in a research report on Friday, October 19th. Three analysts have rated the stock with a sell rating, one has issued a hold rating and eleven have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and an average target price of $169.92.
In other United Rentals news, Director Donald C. Roof sold 5,000 shares of United Rentals stock in a transaction that occurred on Wednesday, September 12th. The stock was sold at an average price of $167.78, for a total value of $838,900.00. Following the sale, the director now owns 12,564 shares of the company’s stock, valued at approximately $2,107,987.92. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Jose B. Alvarez acquired 544 shares of United Rentals stock in a transaction on Friday, October 26th. The stock was purchased at an average cost of $107.45 per share, for a total transaction of $58,452.80. Following the purchase, the director now owns 2,413 shares in the company, valued at $259,276.85. The disclosure for this purchase can be found here. Insiders own 1.00% of the company’s stock.
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United Rentals Company Profile
United Rentals, Inc, through its subsidiaries, operates as an equipment rental company. It operates in two segments, General Rentals; and Trench, Power, and Pump. The General Rentals segment engages in the rental of general construction and industrial equipment, such as backhoes, skid-steer loaders, forklifts, earthmoving equipment, and material handling equipment; aerial work platforms, such as boom lifts and scissor lifts; and general tools and light equipment comprising pressure washers, water pumps, and power tools.
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