United Rentals, Inc. (URI) is gearing up for another turning point as it hit the volume of 1.03 million

On Tuesday, United Rentals, Inc. (NYSE: URI) was 1.79% up from the session before settling in for the closing price of $832.53. A 52-week range for URI has been $387.01 – $861.74.

During the last 5-year period, the sales growth of Industrials Sector giant was 12.85%. When this article was written, the company’s average yearly earnings per share was at 8.45%. With a float of $65.79 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. In terms of profitability, gross margin is 39.31%, operating margin of 27.25%, and the pretax margin is 22.88%.

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 0.52%, while institutional ownership is 93.89%. The most recent insider transaction that took place on Aug 02 ’24, was worth 248,400. In this transaction SVP, Chief LGL & Sustain. Off. of this company sold 360 shares at a rate of $690.00, taking the stock ownership to the 4,090 shares. Before that another transaction happened on Aug 02 ’24, when Company’s Officer proposed sale 360 for $689.98, making the entire transaction worth $248,394.

United Rentals, Inc. (URI) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 8.45% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.00% 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

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 0.76. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.80. Likewise, its price to free cash flow for the trailing twelve months is 62.56.

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 47.58 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 0.48 million, which is a drop from its year-to-date volume of 0.54 million. As of the previous 9 days, the stock’s Stochastic %D was 66.34%. Additionally, its Average True Range was 20.03.

During the past 100 days, United Rentals, Inc.’s (URI) raw stochastic average was set at 94.62%, which indicates a significant increase from 82.44% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.36% in the past 14 days, which was lower than the 34.44% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $765.21, while its 200-day Moving Average is $689.69. However, in the short run, United Rentals, Inc.’s stock first resistance to watch stands at $864.69. Second resistance stands at $881.93. The third major resistance level sits at $902.52. If the price goes on to break the first support level at $826.86, it is likely to go to the next support level at $806.27. Should the price break the second support level, the third support level stands at $789.03.

United Rentals, Inc. (NYSE: URI) Key Stats

There are 66,590K outstanding shares of the company, which has a market capitalization of 56.05 billion. As of now, sales total 14,332 M while income totals 2,424 M. Its latest quarter income was 3,773 M while its last quarter net income were 636,000 K.