U-Haul (NYSE:UHAL) Announces Earnings Results

U-Haul (NYSE:UHAL) announced its quarterly earnings data on Wednesday. The company reported ($0.70) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.72) by $0.02, FiscalAI reports. The firm had revenue of $1.27 billion during the quarter. U-Haul had a return on equity of 1.06% and a net margin of 1.38%.

U-Haul Stock Up 12.9%

UHAL stock opened at $58.76 on Friday. The company has a debt-to-equity ratio of 1.02, a quick ratio of 2.04 and a current ratio of 2.26. The company has a market capitalization of $11.52 billion, a price-to-earnings ratio of 244.85 and a beta of 1.11. U-Haul has a fifty-two week low of $41.94 and a fifty-two week high of $64.75. The stock has a fifty day moving average of $49.93 and a 200-day moving average of $51.41.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of U-Haul in a research note on Friday, March 27th. One analyst has rated the stock with a Strong Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $80.00.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in UHAL. Deltroit Asset Management UK LLP bought a new position in U-Haul in the 4th quarter worth about $5,182,000. ArrowMark Colorado Holdings LLC boosted its stake in U-Haul by 108.2% in the 3rd quarter. ArrowMark Colorado Holdings LLC now owns 157,800 shares of the company’s stock worth $9,006,000 after purchasing an additional 82,000 shares during the period. Two Sigma Investments LP boosted its stake in U-Haul by 64.3% in the 3rd quarter. Two Sigma Investments LP now owns 174,120 shares of the company’s stock worth $9,937,000 after purchasing an additional 68,150 shares during the period. Tudor Investment Corp ET AL boosted its stake in U-Haul by 167.3% in the 3rd quarter. Tudor Investment Corp ET AL now owns 95,393 shares of the company’s stock worth $5,444,000 after purchasing an additional 59,699 shares during the period. Finally, Trexquant Investment LP boosted its stake in U-Haul by 219.7% in the 4th quarter. Trexquant Investment LP now owns 60,536 shares of the company’s stock worth $3,052,000 after purchasing an additional 41,599 shares during the period. Institutional investors own 3.63% of the company’s stock.

About U-Haul

U-Haul (NYSE: UHAL) is a leading provider of do-it-yourself moving and storage solutions in North America. The company offers a comprehensive suite of products and services that includes the rental of trucks, trailers and towing equipment, as well as portable moving containers known as U-Box. In addition to vehicle rentals, U-Haul supplies customers with moving essentials such as boxes, packing materials and hitch installations, ensuring an integrated moving experience. The company also operates self-storage facilities under the U-Haul Storage brand, catering to both short-term and long-term needs.

Founded in 1945 by Leonard Shoen in Ridgefield, Washington, U-Haul has expanded its footprint through a mix of corporate-owned centers and independent dealer locations.