Assessing United Rentals: Insights From 5 Financial Analysts

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United Rentals URI underwent analysis by 5 analysts in the last quarter, revealing a spectrum of viewpoints from bullish to bearish.

In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 4 1 0 0 0
Last 30D 0 1 0 0 0
1M Ago 0 0 0 0 0
2M Ago 3 0 0 0 0
3M Ago 1 0 0 0 0

Analysts have recently evaluated United Rentals and provided 12-month price targets. The average target is $781.8, accompanied by a high estimate of $796.00 and a low estimate of $750.00. This current average has increased by 5.13% from the previous average price target of $743.67.

Diving into Analyst Ratings: An In-Depth Exploration

The standing of United Rentals among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Tami Zakaria JP Morgan Announces Overweight $780.00 -
Jamie Cook Truist Securities Raises Buy $796.00 $793.00
Stanley Elliott Stifel Raises Buy $750.00 $720.00
Jerry Revich Goldman Sachs Raises Buy $790.00 $718.00
Jamie Cook Truist Securities Announces Buy $793.00 -

Key Insights:

  • Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to United Rentals. This insight gives a snapshot of analysts' perspectives on the current state of the company.
  • Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of United Rentals compared to the broader market.
  • Price Targets: Analysts navigate through adjustments in price targets, providing estimates for United Rentals's future value. Comparing current and prior targets offers insights into analysts' evolving expectations.

Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of United Rentals's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.

Stay up to date on United Rentals analyst ratings.

Unveiling the Story Behind United Rentals

United Rentals is the world's largest equipment rental company. It principally operates in the United States and Canada, where it commands approximately 17% share in a highly fragmented market. It serves three end markets: general industrial, commercial construction, and residential construction. Like its peers, United Rentals historically has provided its customers with equipment that was intermittently used, such as aerial equipment and portable generators. As the company has grown organically and through hundreds of acquisitions since it went public in 1997, its catalog (fleet size of $21 billion) now includes a range of specialty equipment and other items that can be rented for indefinite periods.

Understanding the Numbers: United Rentals's Finances

Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.

Positive Revenue Trend: Examining United Rentals's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 6.09% as of 31 March, 2024, showcasing a substantial increase in top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Industrials sector.

Net Margin: United Rentals's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 15.55% net margin, the company effectively manages costs and achieves strong profitability.

Return on Equity (ROE): United Rentals's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 6.67% ROE, the company effectively utilizes shareholder equity capital.

Return on Assets (ROA): United Rentals's ROA excels beyond industry benchmarks, reaching 2.07%. This signifies efficient management of assets and strong financial health.

Debt Management: United Rentals's debt-to-equity ratio is below the industry average. With a ratio of 1.65, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.

The Significance of Analyst Ratings Explained

Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.

Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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