AMERCO (UHAL) Given $400.00 Consensus Target Price by Brokerages
Shares of AMERCO (NASDAQ:UHAL) have earned a consensus broker rating score of 3.00 (Hold) from the one brokers that cover the stock, Zacks Investment Research reports. One investment analyst has rated the stock with a hold rating.
Analysts have set a 1-year consensus price objective of $400.00 for the company and are expecting that the company will post ($0.84) EPS for the current quarter, according to Zacks. Zacks has also given AMERCO an industry rank of 160 out of 255 based on the ratings given to its competitors.
A number of brokerages have issued reports on UHAL. TheStreet lowered AMERCO from a “b” rating to a “c+” rating in a research report on Monday. BidaskClub lowered AMERCO from a “hold” rating to a “sell” rating in a research report on Tuesday.
Several institutional investors have recently made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in shares of AMERCO by 1.9% in the third quarter. Vanguard Group Inc. now owns 672,973 shares of the transportation company’s stock valued at $240,017,000 after buying an additional 12,683 shares during the period. Vanguard Group Inc lifted its holdings in shares of AMERCO by 1.9% during the third quarter. Vanguard Group Inc now owns 672,973 shares of the transportation company’s stock valued at $240,017,000 after purchasing an additional 12,683 shares during the last quarter. BlackRock Inc. lifted its holdings in shares of AMERCO by 29.9% during the fourth quarter. BlackRock Inc. now owns 495,926 shares of the transportation company’s stock valued at $162,718,000 after purchasing an additional 114,030 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in shares of AMERCO by 4.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 460,746 shares of the transportation company’s stock valued at $151,180,000 after purchasing an additional 19,452 shares during the last quarter. Finally, Barrow Hanley Mewhinney & Strauss LLC lifted its holdings in shares of AMERCO by 3.1% during the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 442,869 shares of the transportation company’s stock valued at $145,310,000 after purchasing an additional 13,413 shares during the last quarter. Institutional investors and hedge funds own 37.54% of the company’s stock.
UHAL stock traded up $4.36 during trading on Friday, reaching $365.43. 25,689 shares of the company’s stock were exchanged, compared to its average volume of 39,222. The company has a debt-to-equity ratio of 1.03, a quick ratio of 2.62 and a current ratio of 2.80. AMERCO has a 1-year low of $316.00 and a 1-year high of $387.95. The firm has a market capitalization of $7.01 billion, a PE ratio of 23.28 and a beta of 0.84.
AMERCO (NASDAQ:UHAL) last announced its quarterly earnings results on Wednesday, February 6th. The transportation company reported $4.01 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $3.55 by $0.46. AMERCO had a return on equity of 10.27% and a net margin of 10.02%. The company had revenue of $919.09 million during the quarter, compared to analyst estimates of $866.87 million. During the same quarter in the previous year, the firm posted $2.34 EPS. The firm’s quarterly revenue was up 9.0% on a year-over-year basis. Equities research analysts predict that AMERCO will post 18.04 earnings per share for the current fiscal year.
The company also recently disclosed a special dividend, which will be paid on Thursday, April 4th. Stockholders of record on Thursday, March 21st will be issued a $0.50 dividend. The ex-dividend date is Wednesday, March 20th.
AMERCO operates as a do-it-yourself moving and storage operator for household and commercial goods in the United States and Canada. The company's Moving and Storage segment rents trucks, trailers, portable moving and storage units, specialty rental items, and self-storage spaces primarily to the household movers; and sells moving supplies, towing accessories, and propane.
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