United Rentals, Inc. (NYSE:URI) showed monthly volitility of 2.86%

Owen Stevens
April 23, 2017

(NYSE:URI) by 1.8% during the fourth quarter, Holdings Channel reports. The new target price indicates a possible upside of 0.34% based on the company's last stock close price.

In an analyst rating update on Friday shares of United Rentals, Inc. Analysts expect that United Rentals, Inc. will post $9.07 EPS for the current fiscal year. Vertical Research upgraded United Rentals from a "hold" rating to a "buy" rating in a research report on Friday, December 2nd.

United Rentals, Inc. has 84,310,000 shares which are now outstanding with a price of 110.42 calculating United Rentals, Inc.'s market capitalisation to 9.31B Dollars. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and ten have given a buy rating to the company's stock. If the $102.89 price target is reached, the company will be worth $856.80 million less. Susquehanna downgraded the shares of URI in report on Friday, January 29 to "Neutral" rating. 3,743,439 shares of the company were exchanged. The company has market cap of $9.52 billion. The stock's 50 day moving average price is $115.01 and its 200 day moving average price is $91.77. The stock touched 52-week High of $134.28 on 03/01/17 and 52-week Low of $56.01 on 05/06/16. United Rentals also was the recipient of unusually large options trading on Wednesday. This represents an increase of 617% compared to the typical volume of 1,557 put options. On a GAAP basis, the company reported first quarter net income of $109 million, or $1.27 per diluted share, compared with $92 million, or $1.01 per diluted share, for the same period previous year. United Rentals had a net margin of 9.82% and a return on equity of 50.17%.

The company is expected to report earnings of $1.51 a share for the next quarter. To make a proper assessment, investors seek a sound estimate of this year's and next year's earnings per share (EPS), as well as a strong sense of how much the company will earn even farther down the road.

WARNING: This report was first posted by BBNS and is owned by of BBNS. The legal version of this piece of content can be read at https://www.themarketsdaily.com/2017/04/22/united-rentals-uri-receiving-somewhat-favorable-news-coverage-report-finds.html. The shares were sold at an average price of $128.03, for a total value of $422,499.00. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

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The number of shares traded in the last trading session was 6.92 Million. The shares were sold at an average price of $124.30, for a total value of $827,092.20. The disclosure for this sale can be found here. 3,743,439 shares of the company traded hands.

Total revenue was $1.356 billion and rental revenue was $1.166 billion for the quarter, compared with $1.310 billion and $1.117 billion, respectively, for the same period past year. Iowa-based At National Bank & Trust has invested 0.74% in United Rentals, Inc. The company reported $2.67 EPS for the quarter, topping analysts' consensus estimates of $2.24 by $0.43. Barclays Capital maintained United Rentals, Inc. BlackRock Fund Advisors boosted its stake in United Rentals by 1.4% in the third quarter. Edgemoor Investment Advisors Inc. now owns 138,817 shares of the company's stock valued at $10,892,000 after buying an additional 21,200 shares in the last quarter. Finally, Capstone Asset Management Co. boosted its position in United Rentals by 3.5% in the third quarter.

The broker said it has now set a "Buy" rating on shares of United Rentals, Inc. with a price target of 150.

Investors and analysts are typically super focused on company earnings numbers when they are reported.

United Rentals, Inc. has released its financial results for the first quarter 2017. The Firm is an equipment rental company, which operates throughout the United States and Canada.

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