Media headlines about United Rentals (NYSE:URI) have been trending somewhat positive on Monday, according to Accern Sentiment Analysis. The research group rates the sentiment of news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. United Rentals earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave media coverage about the construction company an impact score of 46.2197808266169 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
Here are some of the headlines that may have impacted Accern Sentiment Analysis’s rankings:
- NCI Building (NCS) Changes Reportable Business Segments (finance.yahoo.com)
- United Rentals, Inc. (URI) Stake Increased by State of Tennessee Treasury Department (americanbankingnews.com)
- Norinchukin Bank The Has $1.16 Million Stake in United Rentals, Inc. (URI) (americanbankingnews.com)
- Ontario Teachers Pension Plan Board Purchases 3,569 Shares of United Rentals, Inc. (URI) (americanbankingnews.com)
- FDx Advisors Inc. Cuts Stake in United Rentals, Inc. (URI) (americanbankingnews.com)
Several brokerages have issued reports on URI. Buckingham Research boosted their price objective on shares of United Rentals from $175.00 to $180.00 and gave the company a “neutral” rating in a research note on Friday, January 26th. Zacks Investment Research raised shares of United Rentals from a “hold” rating to a “strong-buy” rating and set a $213.00 price objective on the stock in a research note on Thursday, February 1st. Royal Bank of Canada boosted their price objective on shares of United Rentals from $194.00 to $214.00 and gave the company an “outperform” rating in a research note on Friday, January 26th. Stifel Nicolaus reissued a “buy” rating and issued a $171.00 price objective on shares of United Rentals in a research note on Thursday, December 14th. Finally, Barclays began coverage on shares of United Rentals in a research note on Tuesday, December 12th. They issued an “underweight” rating and a $150.00 price objective on the stock. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating, seven have assigned a buy rating and three have assigned a strong buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $179.12.
United Rentals (NYSE:URI) last posted its quarterly earnings results on Wednesday, January 24th. The construction company reported $3.34 earnings per share for the quarter, topping the Zacks’ consensus estimate of $3.25 by $0.09. United Rentals had a net margin of 20.27% and a return on equity of 40.20%. The business had revenue of $1.92 billion for the quarter, compared to analysts’ expectations of $1.88 billion. During the same period in the prior year, the company posted $2.67 EPS. The business’s revenue for the quarter was up 26.2% on a year-over-year basis. analysts forecast that United Rentals will post 15.38 EPS for the current year.
In other news, Director Jenne K. Britell sold 2,740 shares of the company’s stock in a transaction on Monday, January 29th. The shares were sold at an average price of $185.50, for a total transaction of $508,270.00. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, insider Michael Kneeland sold 30,000 shares of the company’s stock in a transaction on Friday, January 26th. The stock was sold at an average price of $182.75, for a total transaction of $5,482,500.00. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 75,962 shares of company stock worth $13,356,962. Corporate insiders own 1.20% of the company’s stock.
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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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