U-Haul (NYSE:UHAL) Shares Down 11% – Time to Sell?

Shares of U-Haul Holding Company (NYSE:UHAL) fell 11% during trading on Thursday . The company traded as low as $52.28 and last traded at $52.52. 64,601 shares traded hands during mid-day trading, a decline of 63% from the average session volume of 174,480 shares. The stock had previously closed at $59.04.

Analysts Set New Price Targets

A number of analysts have commented on UHAL shares. Weiss Ratings reaffirmed a “sell (d)” rating on shares of U-Haul in a research report on Monday, December 29th. Vertical Research raised U-Haul to a “strong-buy” rating in a report on Monday, November 3rd. One research analyst has rated the stock with a Strong Buy rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

U-Haul Stock Performance

The company has a quick ratio of 1.81, a current ratio of 2.01 and a debt-to-equity ratio of 0.97. The firm has a market cap of $10.07 billion, a price-to-earnings ratio of 50.84 and a beta of 1.13. The business’s 50-day simple moving average is $54.11 and its two-hundred day simple moving average is $55.50.

U-Haul (NYSE:UHAL) last posted its quarterly earnings data on Wednesday, February 4th. The company reported ($0.23) EPS for the quarter, beating analysts’ consensus estimates of ($0.24) by $0.01. The business had revenue of $1.42 billion during the quarter. U-Haul had a return on equity of 2.99% and a net margin of 3.90%.

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.