United Rentals, Inc. (NYSE:URI) Moves Up 5.55% For The Week

Marco Green
January 14, 2018

It also provides its products for various medical indications comprising glaucoma, cholesterol, muscle spasm, migraine, pain management, cardiovascular, antipsychosis, gastrointestinal, urinary, bronchospasms, respiratory, gallstone, congestive heart failure, thyroid deficiency, central nervous system, and gout.

In related news, insider Michael Kneeland sold 20,000 shares of United Rentals stock in a transaction dated Friday, January 27th. As per Friday, December 16, the company rating was initiated by Goldman Sachs. On the stock's most recent trading day, the company's shares ended the regular session at $179.99, which is -1.91% lower than its 52-week high.

ONEOK, Inc. (NYSE:OKE)'s latest quote $56.74 $0.77 0.44% will find technical support in $56.44 a share and a breakdown below this region would be a significantly bearish signal for ONEOK, Inc. traders.

United Rentals, Inc. (NYSE:URI) may have great momentum, but how has it been performing relative to the market? It has outperformed by 55.06% the S&P500. The investment managers in our partner's database now hold: 74.23 million shares, down from 75.82 million shares in 2017Q2. Cibc Asset invested 0.01% in United Rentals, Inc. The Maryland-based Edgemoor Investment Advisors Inc. has invested 2.42% in the stock. Buckingham Research restated a "neutral" rating and issued a $175.00 price objective (up previously from $154.00) on shares of United Rentals in a research report on Tuesday.

Analysts await Lannett Company, Inc. (NYSE:URI) for 5.98 million shares. After $0.60 actual EPS reported by Lannett Company, Inc. for the previous quarter, Wall Street now forecasts 45.00% EPS growth. The stock increased 2.68% or $4.645 during the last trading session, reaching $177.845. About 5.98 million shares traded.

United Rentals (NYSE:URI) last posted its quarterly earnings data on Wednesday, October 18th. It has underperformed by 18.86% the S&P500.

Stock analysts at KeyCorp lifted their FY2017 EPS estimates for United Rentals in a report released on Tuesday. The company might have reported better than expected (consensus) earnings results. They expect $1.55 EPS, up 6.90% or $0.10 from last year's $1.45 per share. URI's profit would be $279.95M giving it 13.66 P/E if the $3.31 EPS is correct. United Rentals, Inc. (URI) has had a 20-day average volume of 1,051,205 shares, with an average of 100% of short term indicators pointed at Buy. Federated Investors Inc who had been investing in United Rentals Inc for a number of months, seems to be less bullish one the $15.30B market cap company. The company has a market capitalization of $10.50 billion, a PE ratio of 19.30 and a beta of 2.49. The firm operates through two divisions, Domestic Resorts and MGM China. The general rentals includes 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, general tools and light equipment, such as pressure washers, water pumps and power tools.

Investors sentiment increased to 1.13 in Q3 2017. The ratio dropped, as 242 investment managers started new and increased positions, while 222 sold and reduced stakes in United Rentals Inc.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business.

United Rentals, Inc is a holding company. Bank of Hawaii grew its stake in shares of United Rentals by 0.3% during the second quarter. Hgk Asset Inc holds 394,411 shares. Finally, Calamos Advisors LLC purchased a new stake in shares of United Rentals in the third quarter valued at approximately $208,000. Glenmede Tru Com Na has invested 0% in United Rentals, Inc. (NYSE:URI). Gam Holding Ag holds 0.35% or 60,335 shares.

Among 23 analysts covering United Rentals Inc. Dumont And Blake Inv Advsrs Ltd Liability has invested 0.32% in United Rentals, Inc. (NASDAQ:NWBI). Ameriprise Fincl reported 718,220 shares. Caxton Assoc Lp holds 0.47% or 94,000 shares. Fincl Counselors has invested 0.09% in United Rentals, Inc. Clearbridge Ltd Liability stated it has 499,976 shares or 0.07% of all its holdings. Royal Bank of Canada restated a "buy" rating and issued a $194.00 price target on shares of United Rentals in a report on Thursday. Zacks Investment Research downgraded United Rentals from a "buy" rating to a "hold" rating in a research note on Saturday. Therefore 26% are positive.

Additionally, according to the most recent 13F filing from United Rentals, Inc. As per Friday, October 23, the company rating was maintained by Barclays Capital. RBC Capital Markets maintained the stock with "Hold" rating in Monday, June 26 report. The rating was maintained by Stifel Nicolaus with "Buy" on Sunday, December 10. Barometer Cap stated it has 0.43% of its portfolio in United Rentals, Inc. UBS maintained United Rentals, Inc. (The) upgraded shares of United Rentals from a "sell" rating to a "neutral" rating and upped their price target for the company from $66.00 to $90.00 in a research report on Thursday, November 10th. The stock of Intel Corporation (NASDAQ:INTC) earned "Neutral" rating by Suntrust Robinson on Thursday, January 14.

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