In the latest quarter, 6 analysts provided ratings for United Rentals URI, showcasing a mix of bullish and bearish perspectives.
The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 4 | 2 | 0 | 0 | 0 |
| Last 30D | 1 | 0 | 0 | 0 | 0 |
| 1M Ago | 3 | 0 | 0 | 0 | 0 |
| 2M Ago | 0 | 1 | 0 | 0 | 0 |
| 3M Ago | 0 | 1 | 0 | 0 | 0 |
Analysts have recently evaluated United Rentals and provided 12-month price targets. The average target is $914.0, accompanied by a high estimate of $955.00 and a low estimate of $795.00. Witnessing a positive shift, the current average has risen by 8.79% from the previous average price target of $840.17.
Investigating Analyst Ratings: An Elaborate Study
An in-depth analysis of recent analyst actions unveils how financial experts perceive United Rentals. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Jamie Cook | Truist Securities | Raises | Buy | $955.00 | $954.00 |
| Ross Gilardi | B of A Securities | Raises | Buy | $910.00 | $800.00 |
| Kyle Menges | Citigroup | Raises | Buy | $930.00 | $860.00 |
| Jamie Cook | Truist Securities | Raises | Buy | $954.00 | $873.00 |
| Tami Zakaria | JP Morgan | Raises | Overweight | $940.00 | $780.00 |
| David Raso | Evercore ISI Group | Raises | Outperform | $795.00 | $774.00 |
Key Insights:
- Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to United Rentals. This information offers a snapshot of how analysts perceive the current state of the company.
- Rating: Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of United Rentals compared to the broader market.
- Price Targets: Analysts predict movements in price targets, offering estimates for United Rentals's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.
For valuable insights into United Rentals's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.
Stay up to date on United Rentals analyst ratings.
Get to Know United Rentals Better
United Rentals is the world's largest equipment rental company. It principally operates in the United States and Canada, where it commands approximately 15% share in a highly fragmented market. It serves three end markets: general industrial, commercial construction, and residential construction. Like its peers, United Rentals historically has provided its customers with equipment that was intermittently used, such as aerial equipment and portable generators. As the company has grown organically and through hundreds of acquisitions since it went public in 1997, its catalog (fleet size of $21 billion) now includes a range of specialty equipment and other items that can be rented for indefinite periods.
Breaking Down United Rentals's Financial Performance
Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.
Positive Revenue Trend: Examining United Rentals's financials over 3 months reveals a positive narrative. The company achieved a noteworthy revenue growth rate of 6.03% as of 30 September, 2024, showcasing a substantial increase in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Industrials sector.
Net Margin: The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of 17.74%, the company showcases strong profitability and effective cost control.
Return on Equity (ROE): United Rentals's ROE surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 8.4% ROE, the company effectively utilizes shareholder equity capital.
Return on Assets (ROA): United Rentals's ROA excels beyond industry benchmarks, reaching 2.53%. This signifies efficient management of assets and strong financial health.
Debt Management: United Rentals's debt-to-equity ratio is below the industry average at 1.68, reflecting a lower dependency on debt financing and a more conservative financial approach.
Analyst Ratings: What Are They?
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
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