With 0.55 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.45 million shares. During the session, the Rental & Leasing Services company that operates in wider Industrials sector, reached to the highest price of $879.34 whereas the lowest price it dropped to was $858.69. The 52-week range on URI shows that it touched its highest point at $888.62 and its lowest point at $432.82 during that stretch. It currently has a 1-year price target of $814.76. With its current market cap of 56.59 billion, URI has annualized dividend of $6.37 while the current yield stands at 0.74%. URI paid its most recent dividend on 1723593600, while the ex-dividend date for that was 1731456000. Beta for the stock currently stands at 1.67.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of URI was up-trending over the past week, with a rise of 6.11%, but this was up by 6.01% over a month. Three-month performance surged to 23.89% while six-month performance rose 25.13%. The stock gained 95.85% in the past year, while it has gained 50.40% so far this year. A look at the trailing 12-month EPS for URI yields 38.29 with Next year EPS estimates of 46.80. For the next quarter, that number is 11.77. This implies an EPS growth rate of 6.52% for this year and 7.83% for next year. EPS is expected to grow by 12.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 21.88%.
Float and Shares Shorts:
At present, 67.27 million URI shares are outstanding with a float of 65.28 million shares on hand for trading. On 2024-10-15, short shares totaled 2.35 million, which was 357.0 higher than short shares on 1726185600. In addition to Mr. Matthew J. Flannery as the firm’s President, CEO & Director, Mr. William Edward Grace serves as its Executive VP & CFO.
Institutional Ownership:
Through their ownership of 0.94336 of URI’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, URI reported revenue of $3992000000.0 and operating income of $1123000000.0. The EBITDA in the recently reported quarter was $1866000000.0 and diluted EPS was $10.7.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for URI since 8 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With URI analysts setting a high price target of 955.0 and a low target of 565.0, the average target price over the next 12 months is 783.13. Based on these targets, URI could surge 10.73% to reach the target high and fall by -34.49% to reach the target low. Reaching the average price target will result in a decline of -9.19% from current levels.
Analysts have provided yearly estimates in a range of $44.11292 being high and $42.85056 being low. For URI, this leads to a yearly average estimate of $43.39725. The surprise factor in the prior quarter was $10.54. Based on analyst estimates, the high estimate for the next quarter is $9.98 and the low estimate is $8.86. The average estimate for the next quarter is thus $9.28.
