A new trading day began on Tuesday, with United Rentals, Inc. (NYSE: URI) stock price up 5.09% from the previous day of trading, before settling in for the closing price of $629.30. URI’s price has ranged from $325.15 to $732.37 over the past 52 weeks.
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During the last 5-year period, the sales growth of Industrials Sector giant was 12.85%. Meanwhile, its annual earnings per share averaged 6.58%. With a float of $66.84 million, this company’s outstanding shares have now reached $67.27 million.
Let’s determine the extent of company efficiency that accounts for 26300 employees.
United Rentals, Inc. (URI) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Rental & Leasing Services Industry. The insider ownership of United Rentals, Inc. is 0.52%, while institutional ownership is 98.48%. The most recent insider transaction that took place on Mar 11 ’24, was worth 1,439,811. In this transaction EVP, Chief Admin. Officer of this company sold 2,184 shares at a rate of $659.25, taking the stock ownership to the 16,652 shares. Before that another transaction happened on Mar 07 ’24, when Company’s SVP, Chief LGL & Sustain. Off. sold 440 for $677.60, making the entire transaction worth $298,144. This insider now owns 4,543 shares in total.
United Rentals, Inc. (URI) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 6.58% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.59% during the next five years compared to 21.88% growth over the previous five years of trading.
United Rentals, Inc. (NYSE: URI) Trading Performance Indicators
Here are United Rentals, Inc.’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.75. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.10. Likewise, its price to free cash flow for the trailing twelve months is 70.09.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 35.36, a number that is poised to hit 8.37 in the next quarter and is forecasted to reach 47.01 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 0.67 million, which is a jump from its year-to-date volume of 0.58 million. As of the previous 9 days, the stock’s Stochastic %D was 24.47%. Additionally, its Average True Range was 19.35.
During the past 100 days, United Rentals, Inc.’s (URI) raw stochastic average was set at 73.77%, which indicates a significant increase from 41.44% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.10% in the past 14 days, which was lower than the 36.69% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $678.23, while its 200-day Moving Average is $537.03. However, in the short run, United Rentals, Inc.’s stock first resistance to watch stands at $671.02. Second resistance stands at $680.73. The third major resistance level sits at $696.91. If the price goes on to break the first support level at $645.13, it is likely to go to the next support level at $628.95. Now, if the price goes above the second support level, the third support stands at $619.24.
United Rentals, Inc. (NYSE: URI) Key Stats
With a market capitalization of 44.43 billion, the company has a total of 67,170K Shares Outstanding. Currently, annual sales are 14,332 M while annual income is 2,424 M. The company’s previous quarter sales were 3,728 M while its latest quarter income was 679,000 K.
