On Friday, United Rentals, Inc. (NYSE: URI) opened lower -6.29% from the last session, before settling in for the closing price of $716.49. Price fluctuations for URI have ranged from $387.01 to $789.80 over the past 52 weeks.
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Annual sales at Industrials sector company grew by 12.85% over the past five years. Company’s average yearly earnings per share was noted 8.54% at the time writing. With a float of $65.80 million, this company’s outstanding shares have now reached $67.27 million.
Let’s look at the performance matrix of the company that is accounted for 26300 employees.
United Rentals, Inc. (URI) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Rental & Leasing Services industry is another important factor to consider. The insider ownership of United Rentals, Inc. is 0.52%, while institutional ownership is 97.10%. The most recent insider transaction that took place on Aug 02 ’24, was worth 248,394. Before that another transaction happened on Aug 02 ’24, when Company’s SVP, Chief LGL & Sustain. Off. sold 360 for $690.00, making the entire transaction worth $248,400. This insider now owns 4,090 shares in total.
United Rentals, Inc. (URI) Latest Financial update
If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 11.73 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 11.2) by 0.53. Wall Street market experts anticipate that the next fiscal year will bring earnings of 11.92 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 8.54% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.73% 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
Check out the current performance indicators for United Rentals, Inc. (URI). In the past quarter, the stock posted a quick ratio of 0.76. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.01. Likewise, its price to free cash flow for the trailing twelve months is 49.56.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 37.89, a number that is poised to hit 12.56 in the next quarter and is forecasted to reach 47.63 in one year’s time.
Technical Analysis of United Rentals, Inc. (URI)
United Rentals, Inc. (NYSE: URI) saw its 5-day average volume 0.69 million, a positive change from its year-to-date volume of 0.59 million. As of the previous 9 days, the stock’s Stochastic %D was 29.27%. Additionally, its Average True Range was 31.26.
During the past 100 days, United Rentals, Inc.’s (URI) raw stochastic average was set at 38.77%, which indicates a significant increase from 5.86% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 54.19% in the past 14 days, which was higher than the 37.27% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $669.99, while its 200-day Moving Average is $613.56. Nevertheless, the first resistance level for the watch stands at $687.56 in the near term. At $703.70, the stock is likely to face the second major resistance level. The third major resistance level sits at $715.45. If the price goes on to break the first support level at $659.68, it is likely to go to the next support level at $647.93. The third support level lies at $631.79 if the price breaches the second support level.
United Rentals, Inc. (NYSE: URI) Key Stats
There are currently 66,590K shares outstanding in the company with a market cap of 44.41 billion. Presently, the company’s annual sales total 14,332 M according to its annual income of 2,424 M. Last quarter, the company’s sales amounted to 3,773 M and its income totaled 636,000 K.
