Currently, there are 65.31M common shares owned by the public and among those 64.94M shares have been available to trade.
The company’s stock has a 5-day price change of 0.08% and -14.64% over the past three months. URI shares are trading 5.23% year to date (YTD), with the 12-month market performance up to 16.39% higher. It has a 12-month low price of $596.48 and touched a high of $896.98 over the same period. URI has an average intraday trading volume of 582.10K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -2.30%, -1.46%, and 0.24% respectively.
Institutional ownership of United Rentals, Inc (NYSE: URI) shares accounts for 92.42% of the company’s 65.31M shares outstanding.
It has a market capitalization of $48.41B and a beta (3y monthly) value of 1.74. The stock’s trailing 12-month PE ratio is 19.13, while the earnings-per-share (ttm) stands at $38.74. The company has a PEG of 2.24 and a Quick Ratio of 0.92 with the debt-to-equity ratio at 1.72. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.22% over the week and 2.34% over the month.
Earnings per share for the fiscal year are expected to increase by 3.91%, and 9.72% over the next financial year. EPS should shrink at an annualized rate of 8.54% over the next five years, compared to 20.69% over the past 5-year period.
Looking at the support for the URI, a number of firms have released research notes about the stock. Robert W. Baird stated their Neutral rating for the stock in a research note on January 14, 2025, with the firm’s price target at $658. Raymond James coverage for the United Rentals, Inc (URI) stock in a research note released on June 28, 2024 offered a Outperform rating with a price target of $750. Citigroup was of a view on June 26, 2024 that the stock is Buy, while JP Morgan gave the stock Overweight rating on June 07, 2024, issuing a price target of $780. Truist on their part issued Buy rating on March 14, 2024.
