News stories about United Rentals (NYSE:URI) have been trending somewhat positive on Saturday, according to Accern Sentiment Analysis. The research group identifies positive and negative media coverage by analyzing more than 20 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 daily sentiment score of 0.11 on Accern’s scale. Accern also gave news stories about the construction company an impact score of 45.9071503555647 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the media headlines that may have impacted Accern Sentiment’s scoring:
URI traded down $5.80 on Friday, hitting $172.14. The company had a trading volume of 1,178,547 shares, compared to its average volume of 1,182,662. The firm has a market cap of $15,023.06, a P/E ratio of 16.25, a price-to-earnings-growth ratio of 0.63 and a beta of 2.52. United Rentals has a 1 year low of $100.62 and a 1 year high of $190.74. 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 (NYSE:URI) last issued its quarterly earnings data on Wednesday, January 24th. The construction company reported $3.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.25 by $0.09. The firm had revenue of $1.92 billion for the quarter, compared to analyst estimates of $1.88 billion. United Rentals had a net margin of 20.27% and a return on equity of 40.20%. United Rentals’s revenue was up 26.2% on a year-over-year basis. During the same period in the previous year, the firm earned $2.67 EPS. equities research analysts forecast that United Rentals will post 15.29 earnings per share for the current year.
Several research analysts have recently commented on URI shares. Barclays started coverage on United Rentals in a report on Tuesday, December 12th. They set an “underweight” rating and a $150.00 price target on the stock. Stifel Nicolaus reiterated a “buy” rating and set a $171.00 price target on shares of United Rentals in a report on Thursday, December 14th. Bank of America upgraded United Rentals to a “buy” rating and lifted their price target for the stock from $165.00 to $195.00 in a report on Tuesday, December 19th. Zacks Investment Research lowered United Rentals from a “buy” rating to a “hold” rating in a report on Saturday, January 6th. Finally, Buckingham Research reiterated a “neutral” rating and set a $175.00 price target (up previously from $154.00) on shares of United Rentals in a report on Tuesday, January 9th. Two research analysts have rated the stock with a sell rating, seven have given a hold rating, eight have issued a buy rating and two have issued a strong buy rating to the company. United Rentals currently has a consensus rating of “Buy” and a consensus target price of $180.18.
In related news, EVP Dale A. Asplund sold 1,229 shares of the business’s stock in a transaction dated Tuesday, March 13th. The shares were sold at an average price of $188.13, for a total value of $231,211.77. Following the sale, the executive vice president now directly owns 16,116 shares in the company, valued at approximately $3,031,903.08. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Dale A. Asplund sold 11,439 shares of the business’s stock in a transaction dated Friday, January 26th. The shares were sold at an average price of $185.13, for a total transaction of $2,117,702.07. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 100,448 shares of company stock worth $18,659,953. 1.20% of the stock is owned by insiders.
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About United Rentals
United Rentals, Inc, through its subsidiaries, operates as an equipment rental company. It operates in two segments, General Rentals; and Trench, Power, and Pump. The General Rentals segment engages in the rental of general construction and industrial equipment, such as backhoes, skid-steer loaders, forklifts, earthmoving equipment, and material handling equipment; aerial work platforms, such as boom lifts and scissor lifts; and general tools and light equipment comprising pressure washers, water pumps, and power tools.
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