News articles about United Rentals (NYSE:URI) have been trending somewhat positive on Thursday, Accern reports. Accern ranks the sentiment of press coverage by monitoring more than twenty million news and blog sources in real time. 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 daily sentiment score of 0.14 on Accern’s scale. Accern also gave media stories about the construction company an impact score of 45.2482262660995 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the news articles that may have effected Accern Sentiment’s analysis:
- Toll Brothers (TOL) Gains on Less Competition, Costs Rise (finance.yahoo.com)
- United Rentals Announces Extension of Exchange Offer for URNA’s 4.875% Senior Notes due 2028 (markets.financialcontent.com)
- BRIEF-United Rentals Announces Extension Of Exchange Offer For URNA’s 4.875% Senior Notes Due 2028 (feeds.reuters.com)
- How to Play Apple, Netflix and Other Hot Stocks in December (thestreet.com)
- Aegion (AEGN) Up 27% in 3 Months: What’s Driving the Stock? (sg.finance.yahoo.com)
Shares of United Rentals (NYSE URI) traded up $4.10 on Thursday, reaching $162.38. The company’s stock had a trading volume of 966,111 shares, compared to its average volume of 1,566,319. The company has a market cap of $13,463.43, a price-to-earnings ratio of 16.03, a price-to-earnings-growth ratio of 0.81 and a beta of 2.67. The company has a debt-to-equity ratio of 3.47, a current ratio of 0.92 and a quick ratio of 0.88. United Rentals has a 52-week low of $100.62 and a 52-week high of $163.92.
United Rentals declared that its board has initiated a stock buyback program on Wednesday, October 18th that authorizes the company to repurchase $373.00 million in outstanding shares. This repurchase authorization authorizes the construction company to repurchase shares of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s leadership believes its shares are undervalued.
URI has been the topic of a number of research analyst reports. Jefferies Group restated a “buy” rating on shares of United Rentals in a research report on Friday, August 18th. Stifel Nicolaus upgraded United Rentals from a “hold” rating to a “buy” rating and set a $133.00 price target on the stock in a research report on Friday, August 18th. Zacks Investment Research upgraded United Rentals from a “hold” rating to a “buy” rating and set a $145.00 price target on the stock in a research report on Wednesday, September 20th. Citigroup increased their price target on United Rentals from $142.00 to $165.00 and gave the stock a “buy” rating in a research report on Friday, October 13th. Finally, Bank of America set a $165.00 price target on United Rentals and gave the stock a “buy” rating in a research report on Thursday, October 19th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating, ten have issued a buy rating and two have assigned a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of $145.57.
In other news, Director Donald C. Roof sold 757 shares of the firm’s stock in a transaction on Monday, December 4th. The stock was sold at an average price of $159.80, for a total value of $120,968.60. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, Director Donald C. Roof sold 4,500 shares of the firm’s stock in a transaction on Wednesday, November 1st. The stock was sold at an average price of $143.95, for a total value of $647,775.00. The disclosure for this sale can be found here. Insiders sold a total of 69,440 shares of company stock worth $10,055,421 over the last 90 days. 1.20% of the stock is owned by corporate insiders.
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United Rentals Company Profile
United Rentals, Inc is a holding company. The Company is an equipment rental company, which operates throughout the United States and Canada. It operates through two segments: general rentals, and trench, power and pump. The general rentals segment includes the rental of construction, aerial, industrial and homeowner equipment and related services and activities.
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