United Rentals Inc. (NYSE: URI) has reported E.P.S. of $10.73 for its third fiscal quarter (ending September 30) versus $10.30 for the same period a year ago. E.P.S. were $38.37 for the latest four quarters through September 30 versus $34.57 for the same period a year ago.
Recent Price Action
On 10/23/24, United Rentals Inc. (NYSE: URI) stock declined modestly by -1.6%, closing at $834.18. Moreover, this decline was accompanied by unusually high trading volume at 159% of normal. Relative to the market the stock has been strong over the last nine months and is unchanged during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, URI is expected to continue to be a major Value Builder.
United Rentals has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. United Rentals has a neutral Appreciation Score of 48 but a good Power Rating of 77, and the High Neutral Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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