January 24, 2023, United Rentals Inc. (NYSE: URI) trading session started at the price of $391.15, that was 0.45% jump from the session before. During the day, the shares moved up to $439.47 and dropped to $387.27 before settling in for the closing price of $392.03. A 52-week range for URI has been $230.54 – $394.40.
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During the last 5-year period, the sales growth of Industrials Sector giant was 11.00%. When this article was written, the company’s average yearly earnings per share was at 56.00%. With a float of $68.94 million, this company’s outstanding shares have now reached $69.85 million.
Let’s determine the extent of company efficiency that accounts for 20400 employees. In terms of profitability, gross margin is +35.97, operating margin of +23.63, and the pretax margin is +19.00.
United Rentals Inc. (URI) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward United Rentals Inc. stocks. The insider ownership of United Rentals Inc. is 0.20%, while institutional ownership is 93.90%. The most recent insider transaction that took place on Nov 18, was worth 61,000. In this transaction Director of this company bought 177 shares at a rate of $344.65, taking the stock ownership to the 10,660 shares. Before that another transaction happened on Aug 11, when Company’s VP, Controller sold 308 for $333.24, making the entire transaction worth $102,637. This insider now owns 2,070 shares in total.
United Rentals Inc. (URI) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 9/29/2022, it has been observed that the corporation posted $9.27 earnings per share (EPS) during the time that was better than consensus figure (set at $9.06) by $0.21. This company achieved a net margin of +14.27 while generating a return on equity of 26.31. Wall Street market experts anticipate that the next fiscal year will bring earnings of 6.42 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 56.00% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 22.10% during the next five years compared to 24.20% growth over the previous five years of trading.
United Rentals Inc. (NYSE: URI) Trading Performance Indicators
You can see what United Rentals Inc. (URI) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.90. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.39. Likewise, its price to free cash flow for the trailing twelve months is 7.36.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 27.18, a number that is poised to hit 10.35 in the next quarter and is forecasted to reach 37.54 in one year’s time.
Technical Analysis of United Rentals Inc. (URI)
Looking closely at United Rentals Inc. (NYSE: URI), its last 5-days average volume was 0.69 million, which is a jump from its year-to-date volume of 0.63 million. As of the previous 9 days, the stock’s Stochastic %D was 77.73%. Additionally, its Average True Range was 13.18.
During the past 100 days, United Rentals Inc.’s (URI) raw stochastic average was set at 97.47%, which indicates a significant increase from 90.64% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.83% in the past 14 days, which was lower than the 36.49% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $361.79, while its 200-day Moving Average is $309.53. However, in the short run, United Rentals Inc.’s stock first resistance to watch stands at $398.36. Second resistance stands at $402.92. The third major resistance level sits at $408.46. If the price goes on to break the first support level at $388.25, it is likely to go to the next support level at $382.71. Should the price break the second support level, the third support level stands at $378.15.
United Rentals Inc. (NYSE: URI) Key Stats
There are 69,308K outstanding shares of the company, which has a market capitalization of 26.56 billion. As of now, sales total 9,716 M while income totals 1,386 M. Its latest quarter income was 3,051 M while its last quarter net income were 606,000 K.