Witnessing the stock’s movement on the chart, on Wednesday, United Rentals, Inc. (NYSE: URI) had a quiet start as it plunged -3.01% to $636.22, before settling in for the price of $655.97 at the close. Taking a more long-term approach, URI posted a 52-week range of $325.15-$732.37.
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The company of the Industrials sector’s yearbook sales growth during the past 5- year span was recorded 12.85%. Meanwhile, its Annual Earning per share during the time was 21.88%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 6.98%. This publicly-traded company’s shares outstanding now amounts to $67.27 million, simultaneously with a float of $66.84 million. The organization now has a market capitalization sitting at $42.75 billion. At the time of writing, stock’s 50-day Moving Average stood at $679.28, while the 200-day Moving Average is $533.03.
United Rentals, Inc. (URI) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Rental & Leasing Services industry. United Rentals, Inc.’s current insider ownership accounts for 0.52%, in contrast to 98.47% institutional ownership. According to the most recent insider trade that took place on Mar 11 ’24, this organization’s EVP, Chief Admin. Officer sold 2,184 shares at the rate of 659.25, making the entire transaction reach 1,439,811 in total value, affecting insider ownership by 16,652. Preceding that transaction, on Mar 07 ’24, Company’s SVP, Chief LGL & Sustain. Off. sold 440 for 677.60, making the whole transaction’s value amount to 298,144. This particular insider is now the holder of 4,543 in total.
United Rentals, Inc. (URI) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 636.22 per share during the current fiscal year.
United Rentals, Inc.’s EPS increase for this current 12-month fiscal period is 6.98% and is forecasted to reach 47.38 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 7.59% through the next 5 years, which can be compared against the 21.88% growth it accomplished over the previous five years trading on the market.
United Rentals, Inc. (NYSE: URI) Trading Performance Indicators
Let’s observe the current performance indicators for United Rentals, Inc. (URI). It’s Quick Ratio in the last reported quarter now stands at 0.75. The Stock has managed to achieve an average true range (ATR) of 18.39. Alongside those numbers, its PE Ratio stands at $17.99, and its Beta score is 1.83. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.98. Similarly, its price to free cash flow for trailing twelve months is now 67.43.
In the same vein, URI’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 35.36, a figure that is expected to reach 8.37 in the next quarter, and analysts are predicting that it will be 47.38 at the market close of one year from today.
Technical Analysis of United Rentals, Inc. (URI)
Going through the that latest performance of [United Rentals, Inc., URI]. Its last 5-days volume of 0.67 million indicated improvement to the volume of 0.58 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 5.19% While, its Average True Range was 18.98.
Raw Stochastic average of United Rentals, Inc. (URI) in the period of the previous 100 days is set at 65.37%, which indicates a major rise in contrast to 4.32% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 22.91% that was lower than 36.12% volatility it exhibited in the past 100-days period.
