Brokers Issue Forecasts for United Rentals, Inc.'s FY2017 Earnings (URI)

Lloyd Doyle
January 14, 2018

United Rentals announced that its Board of Directors has approved a stock repurchase program on Wednesday, October 18th that authorizes the company to repurchase $373.00 million in outstanding shares.

The stock's 50-day average volume has been 1,072,826 shares, with an average of 100% of medium term indicators pointing toward Buy. As per Friday, January 15, the company rating was upgraded by Longbow. The stock increased 0.45% or $0.77 during the last trading session, reaching $173.2. About 61,862 shares traded. United Rentals, Inc. (NYSE:URI) has risen 71.76% since January 12, 2017 and is uptrending. It has outperformed by 55.06% the S&P500. Cadence Capital Management LLC bought a new stake in shares of United Rentals during the fourth quarter valued at $279,000. The institutional investors in our partner's database now hold: 74.23 million shares, down from 75.82 million shares in 2017Q2. The Pennsylvania-based Hbk Sorce Advisory Ltd Liability Corp has invested 0.14% in Northwest Bancshares, Inc. Heartland Advisors Inc, a Wisconsin-based fund reported 500,000 shares.

Analysts expect Northwest Bancshares, Inc. (URI) stake by 3.76% reported in 2017Q3 SEC filing. KMB's profit will be $545.23M for 18.22 P/E if the $1.55 EPS becomes a reality. Deutsche Bank initiated United Rentals, Inc.

The stock increased 0.86% or $0.29 during the last trading session, reaching $33.92.

Traders have different rules for what constitutes liquidity and a good guide is the volume of trades and volume of shares that are traded each day.

United Rentals, Inc. (URI) now has a Return on Assets (ROA) value of 4.7 Percent. It has underperformed by 9.82% the S&P500.

Since January 1, 0001, it had 0 buys, and 2 sales for $255,620 activity.

Stock analysts at KeyCorp lifted their FY2017 EPS estimates for United Rentals in a report released on Tuesday. Comparatively, URI posted earnings of $1.62 per share in the same quarter, a year earlier. They expect $1.55 EPS, up 6.90% or $0.10 from last year's $1.45 per share. After $3.25 actual earnings per share reported by United Rentals, Inc. for the previous quarter, Wall Street now forecasts 1.85% EPS growth.

Looking further out, over the past twelve months, United Rentals, Inc.'s stock was 69.79% and 25.61% over the last quarter and 54.33% for the past six months. The company has a market cap of $15,300.00, a price-to-earnings ratio of 25.66, a price-to-earnings-growth ratio of 0.74 and a beta of 2.67. The firm operates through two divisions, Community Banking and Consumer Finance. It has a 33.32 P/E ratio. The General Rentals segment engages in the rental of general construction and industrial equipment, such as backhoes, skid-steer loaders, forklifts, earthmoving equipment, and material handling equipment; aerial work platforms, such as boom lifts and scissor lifts; and general tools and light equipment comprising pressure washers, water pumps, and power tools. Its down 0.14, from 1.23 in 2017Q2.

Shelton Capital Management increased United Rentals Inc (URI) stake by 307.61% reported in 2017Q3 SEC filing.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Nomura Holdings Inc reported 6,370 shares or 0% of all its holdings. Ameriprise Fincl holds 957,326 shares or 0.06% of its portfolio. 980 were accumulated by Winslow Evans & Crocker. It fall, as 12 investors sold Northwest Bancshares, Inc. shares while 59 reduced holdings. The correct version of this news story can be read at Qs holds 0.06% in Everest Re Group, Ltd. (NYSE:RE) or 30,570 shares. Caprock Grp Inc Incorporated invested 0.34% of its portfolio in Intel Corporation (NASDAQ:INTC). Prudential Financial Inc. now owns 440,136 shares of the construction company's stock worth $61,065,000 after acquiring an additional 13,254 shares during the period. Dumont And Blake Inv Advsrs Ltd Liability has invested 0.32% in United Rentals, Inc. Baldwin Brothers Ma reported 23,447 shares or 0.52% of all its holdings. Caxton Assoc Lp holds 0.47% or 94,000 shares. National Pension holds 98,208 shares or 0.07% of its portfolio. Metropolitan Life Commerce Ny invested in 43,699 shares. Jefferies Group boosted their target price on shares of United Rentals from $150.00 to $165.00 and gave the company a "buy" rating in a report on Monday, October 16th. Therefore 26% are positive. The stock presently has a consensus rating of "Hold" and a consensus price target of $103.83. Two analysts have rated the stock with a sell rating, eight have given a hold rating, eight have assigned a buy rating and two have issued a strong buy rating to the company. The rating was maintained by Oppenheimer on Thursday, August 17 with "Hold". The stock has "Buy" rating by UBS on Friday, June 3. Barometer Cap stated it has 0.43% of its portfolio in United Rentals, Inc. Finally, Stifel Nicolaus reaffirmed a "buy" rating and issued a $171.00 price objective on shares of United Rentals in a research note on Thursday, December 14th. United Rentals had a return on equity of 44.81% and a net margin of 9.64%. The firm earned "Overweight" rating on Friday, October 23 by Barclays Capital. On Friday, October 13 the stock rating was maintained by Citigroup with "Buy". (NYSE:URI) rating on Wednesday, September 7.

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