Shares of United Rentals, Inc. (NYSE:URI) have earned a consensus rating of “Buy” from the fourteen ratings firms that are presently covering the firm, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, four have given a hold recommendation and nine have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $188.73.

Several research firms have commented on URI. Zacks Investment Research upgraded shares of United Rentals from a “hold” rating to a “buy” rating and set a $189.00 price target for the company in a research note on Tuesday, September 18th. Buckingham Research set a $190.00 price target on shares of United Rentals and gave the stock a “buy” rating in a research note on Tuesday, September 18th. Bank of America set a $200.00 price target on shares of United Rentals and gave the stock a “buy” rating in a research note on Thursday, September 13th. Deutsche Bank set a $158.00 price target on shares of United Rentals and gave the stock a “hold” rating in a research note on Wednesday, September 5th. Finally, UBS Group set a $196.00 price target on shares of United Rentals and gave the stock a “buy” rating in a research note on Tuesday, August 14th.

United Rentals stock traded up $1.22 during trading on Friday, hitting $169.08. The company had a trading volume of 588,400 shares, compared to its average volume of 1,298,752. United Rentals has a 1-year low of $135.18 and a 1-year high of $190.74. The company has a debt-to-equity ratio of 2.56, a quick ratio of 0.63 and a current ratio of 0.68. The company has a market capitalization of $13.95 billion, a PE ratio of 15.97, a price-to-earnings-growth ratio of 0.59 and a beta of 2.46.

United Rentals (NYSE:URI) last posted its earnings results on Wednesday, July 18th. The construction company reported $3.85 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $3.45 by $0.40. United Rentals had a net margin of 21.18% and a return on equity of 39.28%. The firm had revenue of $1.89 billion during the quarter, compared to the consensus estimate of $1.85 billion. During the same quarter last year, the firm earned $2.37 EPS. The firm’s revenue for the quarter was up 18.4% on a year-over-year basis. equities research analysts forecast that United Rentals will post 16.1 earnings per share for the current year.

In related news, CEO Michael Kneeland sold 30,000 shares of the business’s stock in a transaction on Friday, July 20th. The shares were sold at an average price of $155.37, for a total transaction of $4,661,100.00. Following the completion of the transaction, the chief executive officer now owns 219,925 shares in the company, valued at $34,169,747.25. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Donald C. Roof sold 5,000 shares of the business’s stock in a transaction on Wednesday, September 12th. The stock was sold at an average price of $167.78, for a total transaction of $838,900.00. Following the transaction, the director now owns 12,564 shares of the company’s stock, valued at approximately $2,107,987.92. The disclosure for this sale can be found here. Insiders own 1.00% of the company’s stock.

Hedge funds have recently modified their holdings of the stock. Moneta Group Investment Advisors LLC grew its stake in shares of United Rentals by 1,190.0% during the first quarter. Moneta Group Investment Advisors LLC now owns 645 shares of the construction company’s stock worth $111,000 after purchasing an additional 595 shares in the last quarter. Wagner Bowman Management Corp acquired a new position in shares of United Rentals during the second quarter worth $206,000. Opera Trading Capital acquired a new position in shares of United Rentals during the second quarter worth $221,000. First Citizens Bank & Trust Co. acquired a new position in shares of United Rentals during the second quarter worth $223,000. Finally, First American Trust FSB acquired a new position in shares of United Rentals during the second quarter worth $225,000. Hedge funds and other institutional investors own 86.77% of the company’s stock.

United Rentals Company Profile

United Rentals, Inc, through its subsidiaries, operates as an equipment rental company. It operates in two segments, General Rentals; and Trench, Power, and Pump. 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.

Featured Article: What does the Dow Jones Industrial Average (DJIA) measure?

Analyst Recommendations for United Rentals (NYSE:URI)

Receive News & Ratings for United Rentals Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for United Rentals and related companies with MarketBeat.com's FREE daily email newsletter.