Analyst Expectations For United Rentals's Future

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8 analysts have shared their evaluations of United Rentals URI during the recent three months, expressing a mix of bullish and bearish perspectives.

The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 6 0 1 1 0
Last 30D 0 0 1 0 0
1M Ago 1 0 0 0 0
2M Ago 2 0 0 0 0
3M Ago 3 0 0 1 0

Analysts have recently evaluated United Rentals and provided 12-month price targets. The average target is $859.12, accompanied by a high estimate of $985.00 and a low estimate of $565.00. This current average has increased by 5.87% from the previous average price target of $811.50.

price target chart

Diving into Analyst Ratings: An In-Depth Exploration

In examining recent analyst actions, we gain insights into 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
Mircea Dobre Baird Maintains Neutral $658.00 $658.00
Jamie Cook Truist Securities Raises Buy $965.00 $955.00
Kyle Menges Citigroup Raises Buy $985.00 $955.00
John Eade Argus Research Raises Buy $880.00 $840.00
Kyle Menges Citigroup Raises Buy $955.00 $930.00
Adam Seiden Barclays Raises Underweight $565.00 $400.00
Jamie Cook Truist Securities Raises Buy $955.00 $954.00
Ross Gilardi B of A Securities Raises Buy $910.00 $800.00

Key Insights:

  • Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to United Rentals. This information provides a snapshot of how analysts perceive the current state of the company.
  • Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, 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.

To gain a panoramic view of United Rentals's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.

Stay up to date on United Rentals analyst ratings.

All You Need to Know About United Rentals

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 $22 billion) now includes a range of specialty equipment and other items that can be rented for indefinite periods.

Unraveling the Financial Story of United Rentals

Market Capitalization Highlights: Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.

Revenue Growth: Over the 3 months period, United Rentals showcased positive performance, achieving a revenue growth rate of 6.03% as of 30 September, 2024. This reflects a substantial increase in the company's 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: United Rentals's net margin surpasses industry standards, highlighting the company's exceptional financial performance. With an impressive 17.74% net margin, the company effectively manages costs and achieves strong profitability.

Return on Equity (ROE): United Rentals's ROE falls below industry averages, indicating challenges in efficiently using equity capital. With an ROE of 8.4%, the company may face hurdles in generating optimal returns for shareholders.

Return on Assets (ROA): The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of 2.53%, the company showcases effective utilization of assets.

Debt Management: United Rentals's debt-to-equity ratio is below the industry average. With a ratio of 1.68, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.

The Basics of Analyst Ratings

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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