For its first fiscal quarter (ending March 31), United Rentals Inc. (NYSE: URI) has reported E.P.S. of $8.07 compared to $6.50 a year ago. For the latest four quarters through March 31, E.P.S. were $37.01 compared to $31.30 a year ago.
Recent Price Action
On 4/24/24, United Rentals Inc. (NYSE: URI) stock declined slightly by -0.9%, closing at $655.19. Moreover, this decline was accompanied by above average trading volume at 124% of normal. Relative to the market the stock has been exceptionally strong over the last nine months but is unchanged during the last week.
Current PriceTarget Research Rating
URI’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
United Rentals has a current Value Trend Rating of A (Highest Rating). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. United Rentals has a neutral Appreciation Score of 55 but a very high Power Rating of 94, producing the Highest Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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