Stock Worth Watching: United Rentals, Inc. Can’t Burn Your Long Portfolio. Has Another Strong Session

Stock Worth Watching: United Rentals, Inc. Can't Burn Your Long Portfolio. Has Another Strong Session

The stock of United Rentals, Inc. (NYSE:URI) is a huge mover today! About 1.46 million shares traded hands. United Rentals, Inc. (NYSE:URI) has risen 51.34% since April 28, 2016 and is uptrending. It has outperformed by 45.41% the S&P500.
The move comes after 6 months positive chart setup for the $9.28B company. It was reported on Dec, 1 by Barchart.com. We have $112.23 PT which if reached, will make NYSE:URI worth $649.60 million more.

Analysts await United Rentals, Inc. (NYSE:URI) to report earnings on January, 25. They expect $2.31 EPS, up 5.48% or $0.12 from last year’s $2.19 per share. URI’s profit will be $204.37M for 11.35 P/E if the $2.31 EPS becomes a reality. After $2.58 actual EPS reported by United Rentals, Inc. for the previous quarter, Wall Street now forecasts -10.47% negative EPS growth.

United Rentals, Inc. (NYSE:URI) Ratings Coverage

Out of 20 analysts covering United Rentals Inc. (NYSE:URI), 5 rate it a “Buy”, 4 “Sell”, while 11 “Hold”. This means 25% are positive. United Rentals Inc. has been the topic of 35 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The company was initiated on Friday, August 26 by Macquarie Research. On Friday, June 3 the stock rating was maintained by UBS with “Buy”. The company was upgraded on Friday, January 15 by Longbow. Goldman Sachs downgraded United Rentals, Inc. (NYSE:URI) rating on Friday, May 6. Goldman Sachs has “Sell” rating and $58 price target. The company was maintained on Monday, June 13 by Citigroup. Stifel Nicolaus maintained United Rentals, Inc. (NYSE:URI) on Friday, October 23 with “Buy” rating. The firm has “Market Perform” rating by Wells Fargo given on Friday, July 24. The firm earned “Sell” rating on Friday, October 14 by UBS. As per Wednesday, September 7, the company rating was initiated by Deutsche Bank. RBC Capital Markets maintained the shares of URI in a report on Friday, July 22 with “Sector Perform” rating.

According to Zacks Investment Research, “United Rentals, Inc. is one of North America’s largest equipment rental companies with over branches in the majority of states, several Canadian provinces and Mexico. The company offers for rent different types of equipment to customers that include construction and industrial companies, manufacturers, utilities, municipalities, homeowners and others.”

Insitutional Activity: The institutional sentiment increased to 1.08 in 2016 Q2. Its up 0.39, from 0.69 in 2016Q1. The ratio increased, as 61 funds sold all United Rentals, Inc. shares owned while 185 reduced positions. 51 funds bought stakes while 119 increased positions. They now own 76.57 million shares or 5.79% less from 81.28 million shares in 2016Q1.
Lpl Financial Limited Liability Com holds 6,774 shares or 0% of its portfolio. Robeco Institutional Asset Mngmt Bv reported 19,218 shares or 0.01% of all its holdings. Ubs Asset Mgmt Americas holds 287,230 shares or 0.02% of its portfolio. Fmr Lc accumulated 0.05% or 5.95M shares. Lmr Limited Liability Partnership last reported 0.09% of its portfolio in the stock. Baldwin Brothers Incorporated Ma, a Massachusetts-based fund reported 144,062 shares. Nationwide Fund accumulated 228,376 shares or 0.07% of the stock. Clearbridge Ltd Limited Liability Company last reported 0.08% of its portfolio in the stock. Pnc Financial Service Group has 0% invested in the company for 41,132 shares. Signaturefd Llc has 84 shares for 0% of their US portfolio. Bluecrest Capital holds 0.02% or 5,534 shares in its portfolio. Moreover, Gargoyle Investment Advisor Ltd Liability Corporation has 0.31% invested in United Rentals, Inc. (NYSE:URI) for 12,500 shares. Mizuho Asset Coltd has 0.02% invested in the company for 1,532 shares. Court Place Advisors Llc reported 13,870 shares or 0.54% of all its holdings. Norinchukin National Bank The has invested 0.05% of its portfolio in United Rentals, Inc. (NYSE:URI).

URI Company Profile

United Rentals, Inc. (United Rentals), incorporated on July 20, 1998, is a holding firm engaged in the business of equipment rental. The Firm conducts its activities through its subsidiary, United Rentals (North America), Inc. (URNA) and subsidiaries of URNA. It operates through two divisions: general rentals, and trench, power and pump. The Firm operates in approximately 900 rental locations. Approximately 770 of its locations are in the United States, and over 120 are in Canada.

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