News stories about United Rentals (NYSE:URI) have been trending very positive this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. United Rentals earned a news impact score of 3.67 on their scale. InfoTrie also assigned press coverage about the construction company an news buzz score of 10 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock’s share price in the next few days.
Here are some of the media headlines that may have effected United Rentals’ ranking:
- Notable Thursday Option Activity: URI, RRR, FTK (nasdaq.com)
- United Rentals Gains From Solid End-Market Demand & Buyouts (finance.yahoo.com)
- Is This The End Of The Road For United Rentals, Inc. (URI), Grifols, SA (GRFS) (rnsdaily.com)
- United Rentals Agrees to Acquire BlueLine Rental (ttnews.com)
- Final Trades: INTC, URI & more (finance.yahoo.com)
Shares of URI stock traded down $0.05 during mid-day trading on Friday, hitting $126.67. The stock had a trading volume of 2,123,100 shares, compared to its average volume of 1,467,433. United Rentals has a 12-month low of $106.48 and a 12-month high of $190.74. The stock has a market capitalization of $10.52 billion, a price-to-earnings ratio of 11.96, a P/E/G ratio of 0.45 and a beta of 2.61. The company has a current ratio of 0.81, a quick ratio of 0.76 and a debt-to-equity ratio of 2.75.
URI has been the subject of a number of recent analyst reports. UBS Group set a $196.00 price objective on United Rentals and gave the company a “buy” rating in a report on Tuesday, August 14th. Buckingham Research upgraded United Rentals from a “neutral” rating to a “buy” rating and set a $180.00 price objective for the company in a report on Friday, July 13th. ValuEngine cut United Rentals from a “sell” rating to a “strong sell” rating in a report on Thursday, October 18th. Zacks Investment Research upgraded United Rentals from a “hold” rating to a “buy” rating and set a $175.00 price objective for the company in a report on Monday, July 23rd. Finally, Bank of America set a $186.00 price objective on United Rentals and gave the company a “buy” rating in a report on Wednesday, July 18th. Three equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and eleven have given a buy rating to the stock. United Rentals has a consensus rating of “Buy” and an average target price of $169.92.
In other news, Director Jenne K. Britell bought 435 shares of the stock in a transaction on Monday, October 22nd. The stock was acquired at an average cost of $115.07 per share, for a total transaction of $50,055.45. Following the acquisition, the director now owns 27,497 shares of the company’s stock, valued at $3,164,079.79. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Donald C. Roof sold 5,000 shares of the business’s stock in a transaction on Wednesday, September 12th. The stock was sold at an average price of $167.78, for a total value of $838,900.00. Following the completion of the transaction, the director now directly owns 12,564 shares of the company’s stock, valued at $2,107,987.92. The disclosure for this sale can be found here. 1.00% of the stock is currently owned by corporate insiders.
United Rentals Company Profile
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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