Media stories about United Rentals (NYSE:URI) have trended somewhat positive on Monday, Accern Sentiment Analysis reports. The research group identifies negative and positive media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. United Rentals earned a media sentiment score of 0.20 on Accern’s scale. Accern also gave press coverage about the construction company an impact score of 46.9241636255168 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the media headlines that may have impacted Accern Sentiment’s scoring:
Several research firms have recently weighed in on URI. Zacks Investment Research raised shares of United Rentals from a “hold” rating to a “strong-buy” rating and set a $213.00 price target on the stock in a report on Thursday, February 1st. Jefferies Group upped their price target on shares of United Rentals from $150.00 to $165.00 and gave the stock a “buy” rating in a report on Monday, October 16th. UBS Group set a $150.00 price target on shares of United Rentals and gave the stock a “hold” rating in a report on Thursday, October 19th. Buckingham Research began coverage on shares of United Rentals in a report on Tuesday, November 21st. They issued a “neutral” rating and a $154.00 price target on the stock. Finally, Stifel Nicolaus increased their target price on United Rentals from $171.00 to $205.00 and gave the company a “buy” rating in a research note on Friday, January 26th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating, seven have assigned a buy rating and three have issued a strong buy rating to the company. United Rentals currently has an average rating of “Buy” and a consensus price target of $179.12.
United Rentals (URI) traded up $1.80 on Monday, reaching $166.06. The company had a trading volume of 1,551,866 shares, compared to its average volume of 1,450,000. The company has a market capitalization of $14,040.00, a PE ratio of 10.58, a PEG ratio of 0.58 and a beta of 2.60. The company has a current ratio of 1.06, a quick ratio of 1.02 and a debt-to-equity ratio of 2.81. United Rentals has a 1-year low of $100.62 and a 1-year high of $189.00.
United Rentals (NYSE:URI) last released its earnings results on Wednesday, January 24th. The construction company reported $3.34 EPS for the quarter, beating the Zacks’ consensus estimate of $3.25 by $0.09. United Rentals had a return on equity of 40.20% and a net margin of 20.27%. The business had revenue of $1.92 billion for the quarter, compared to analysts’ expectations of $1.88 billion. During the same quarter in the prior year, the firm earned $2.67 earnings per share. The firm’s revenue was up 26.2% on a year-over-year basis. equities research analysts predict that United Rentals will post 15.38 EPS for the current year.
United Rentals declared that its Board of Directors has initiated a share buyback plan on Wednesday, October 18th that authorizes the company to buyback $373.00 million in outstanding shares. This buyback authorization authorizes the construction company to repurchase shares of its stock through open market purchases. Shares buyback plans are usually a sign that the company’s management believes its shares are undervalued.
In other news, Director Donald C. Roof sold 757 shares of the firm’s stock in a transaction dated Monday, December 4th. The stock was sold at an average price of $159.80, for a total transaction of $120,968.60. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Singleton B. Mcallister sold 2,200 shares of the firm’s stock in a transaction dated Tuesday, December 12th. The shares were sold at an average price of $163.67, for a total value of $360,074.00. The disclosure for this sale can be found here. Insiders have sold 79,212 shares of company stock worth $13,856,844 over the last ninety days. 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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