News stories about United Rentals (NYSE:URI) have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research group ranks the sentiment of press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. United Rentals earned a media sentiment score of 0.21 on Accern’s scale. Accern also assigned news headlines about the construction company an impact score of 45.7126296485401 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Here are some of the news headlines that may have effected Accern’s rankings:
- United Rentals, Inc. (URI) Stock Price trades 10.51% off from 200- SMA – Voice Of Analysts (analystsbuzz.com)
- United Rentals, Inc. (URI) Given Average Rating of “Buy” by Brokerages (americanbankingnews.com)
- United Rentals Announces Pricing of Offering of $750 Million of … – Business Wire (press release) (businesswire.com)
- United Rentals Announces Pricing of Offering of $750 Million of Senior Notes Due 2025 and $750 Million of Senior Notes Due 2028 (finance.yahoo.com)
- United Rentals prices $1.5B in senior debt (seekingalpha.com)
Shares of United Rentals (NYSE:URI) traded up 2.13% during midday trading on Tuesday, hitting $127.69. 1,418,599 shares of the company were exchanged. The company’s 50 day moving average price is $116.06 and its 200 day moving average price is $115.67. United Rentals has a one year low of $70.58 and a one year high of $134.28. The firm has a market cap of $10.79 billion, a P/E ratio of 18.55 and a beta of 2.42.
United Rentals (NYSE:URI) last posted its quarterly earnings data on Wednesday, July 19th. The construction company reported $2.37 EPS for the quarter, topping analysts’ consensus estimates of $2.28 by $0.09. The company had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.55 billion. United Rentals had a return on equity of 46.01% and a net margin of 9.86%. The business’s revenue was up 12.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.06 earnings per share. Equities analysts expect that United Rentals will post $9.91 EPS for the current year.
A number of equities research analysts have issued reports on URI shares. UBS AG reiterated a “neutral” rating and issued a $125.00 target price on shares of United Rentals in a research note on Sunday, August 20th. ValuEngine upgraded United Rentals from a “buy” rating to a “strong-buy” rating in a research note on Friday, September 1st. Jefferies Group LLC reiterated a “buy” rating and issued a $150.00 target price on shares of United Rentals in a research note on Tuesday, September 5th. Deutsche Bank AG raised their target price on United Rentals from $121.00 to $130.00 and gave the company a “hold” rating in a research note on Friday, July 21st. Finally, Royal Bank Of Canada upgraded United Rentals from a “sector perform” rating to an “outperform” rating and raised their target price for the company from $128.00 to $138.00 in a research note on Monday, July 17th. One analyst has rated the stock with a sell rating, six have assigned a hold rating, twelve have issued a buy rating and two have given a strong buy rating to the company’s stock. United Rentals has a consensus rating of “Buy” and a consensus price target of $126.97.
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In other United Rentals news, insider Michael Kneeland sold 30,000 shares of the business’s stock in a transaction on Friday, July 21st. The stock was sold at an average price of $120.77, for a total value of $3,623,100.00. Following the transaction, the insider now owns 302,292 shares of the company’s stock, valued at $36,507,804.84. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 1.20% of the stock is currently owned by insiders.
About United Rentals
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.
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