United Rentals (URI) Getting Somewhat Favorable Media Coverage, Report Shows

News headlines about United Rentals (NYSE:URI) have been trending somewhat positive recently, Accern reports. The research group scores the sentiment of media coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. United Rentals earned a media sentiment score of 0.21 on Accern’s scale. Accern also assigned media coverage about the construction company an impact score of 47.1591228534238 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

These are some of the media headlines that may have impacted Accern’s analysis:

Several equities analysts recently weighed in on the stock. Zacks Investment Research lowered shares of United Rentals from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 19th. Bank of America set a $186.00 target price on shares of United Rentals and gave the company a “buy” rating in a report on Wednesday, July 18th. UBS Group set a $196.00 target price on shares of United Rentals and gave the company a “buy” rating in a report on Friday, July 13th. Finally, Buckingham Research upgraded shares of United Rentals from a “neutral” rating to a “buy” rating and set a $180.00 price objective on the stock in a report on Friday, July 13th. One analyst has rated the stock with a sell rating, five have assigned a hold rating and eight have given a buy rating to the company’s stock. The company has an average rating of “Buy” and an average target price of $184.09.

Shares of United Rentals stock traded down $0.81 during trading on Friday, reaching $155.87. The company had a trading volume of 821,100 shares, compared to its average volume of 1,301,756. The firm has a market cap of $13.11 billion, a PE ratio of 14.70, a price-to-earnings-growth ratio of 0.56 and a beta of 2.45. The company has a debt-to-equity ratio of 2.56, a quick ratio of 0.63 and a current ratio of 0.68. United Rentals has a fifty-two week low of $109.43 and a fifty-two week high of $190.74.

United Rentals (NYSE:URI) last issued its earnings results on Wednesday, July 18th. The construction company reported $3.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.45 by $0.40. The business had revenue of $1.89 billion for the quarter, compared to analyst estimates of $1.85 billion. United Rentals had a net margin of 21.18% and a return on equity of 39.28%. The company’s revenue for the quarter was up 18.4% on a year-over-year basis. During the same quarter in the prior year, the business posted $2.37 EPS. equities analysts predict that United Rentals will post 15.95 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 dated 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 sale, the chief executive officer now owns 219,925 shares of the company’s stock, valued at approximately $34,169,747.25. The sale was disclosed in a legal filing with the SEC, which is available through this link. 1.00% of the stock is owned by corporate insiders.

About United Rentals

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.

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