United Rentals Stock Today

URI Stock  USD 632.88  3.34  0.52%   

Performance

6 of 100

 
Weak
 
Strong
Modest

Odds Of Distress

Less than 12

 
High
 
Low
Low
United Rentals is trading at 632.88 as of the 18th of April 2024. This is a -0.52 percent down since the beginning of the trading day. The stock's open price was 636.22. United Rentals has less than a 12 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for United Rentals are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 19th of March 2024 and ending today, the 18th of April 2024. Click here to learn more.
Business Domain
Capital Goods
IPO Date
18th of December 1997
Category
Industrials
United Rentals, Inc., through its subsidiaries, operates as an equipment rental company. United Rentals, Inc. was incorporated in 1997 and is headquartered in Stamford, Connecticut. United Rentals operates under Rental Leasing Services classification in the United States and is traded on New York Stock Exchange. The company has 67.17 M outstanding shares of which 2.41 M shares are at this time shorted by investors with about 4.48 days to cover. More on United Rentals

Moving together with United Stock

  0.64AL Air Lease Financial Report 6th of May 2024 PairCorr
  0.76AER AerCap Holdings NV Financial Report 7th of May 2024 PairCorr

Moving against United Stock

  0.79YAYO Yayyo IncPairCorr
  0.65VSTS VestisPairCorr
  0.64CAR Avis Budget Group Financial Report 6th of May 2024 PairCorr
  0.53HTZ Hertz Global Holdings Earnings Call This WeekPairCorr

United Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. United Rentals' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding United Rentals or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, United Rentals' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to United Rentals' managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEOMichael Kneeland
Thematic Ideas
(View all Themes)
Business ConcentrationTrading Companies & Distributors, Rental & Leasing Services, Industrials, NYSE Composite, SP 500 Index, Rentals, Macroaxis Index, Trump Equities, Industrials, Trading Companies & Distributors, Rental & Leasing Services, Industrials (View all Sectors)
Average Analyst Recommendation
Analysts covering United Rentals report their recommendations after researching United Rentals' financial statements, talking to executives and customers, or listening in on United Rentals' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering United Rentals. The United consensus assessment is calculated by taking the average forecast from all of the analysts covering United Rentals.
Financial Strength
Based on the key indicators related to United Rentals' liquidity, profitability, solvency, and operating efficiency, United Rentals may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of United Rentals is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.09950.0947
Sufficiently Up
Slightly volatile
Asset Turnover0.610.5601
Significantly Up
Slightly volatile
Gross Profit Margin0.440.4056
Significantly Up
Very volatile
Net Debt6.4 B12.3 B
Way Down
Slightly volatile
Total Current Liabilities3.8 B3.6 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total7.5 B13.8 B
Way Down
Slightly volatile
Total Assets26.9 B25.6 B
Sufficiently Up
Slightly volatile
Total Current Assets3.1 B2.9 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities4.9 B4.7 B
Sufficiently Up
Slightly volatile
United Rentals' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to United Rentals' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
United Rentals' bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of United Rentals' outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand United Rentals' financial leverage. It provides some insight into what part of United Rentals' total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on United Rentals' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how United Rentals deploys its capital and how much of that capital is borrowed.
Liquidity
United Rentals cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 12.66 B in debt with debt to equity (D/E) ratio of 1.66, which is OK given its current industry classification. United Rentals has a current ratio of 1.01, demonstrating that it may not have the ability to pay its financial commitments when the payables are due. Debt can assist United Rentals until it has trouble settling it off, either with new capital or with free cash flow. So, United Rentals' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like United Rentals sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for United to invest in growth at high rates of return. When we think about United Rentals' use of debt, we should always consider it together with cash and equity.

Change In Working Capital

181.65 Million
United Rentals (URI) is traded on New York Stock Exchange in USA. It is located in 100 First Stamford Place, Stamford, CT, United States, 06902 and employs 26,300 people. United Rentals is listed under Trading Companies & Distributors category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 44.79 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate United Rentals's market, we take the total number of its shares issued and multiply it by United Rentals's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. United Rentals runs under Trading Companies & Distributors sector within Industrials industry. The entity has 67.17 M outstanding shares of which 2.41 M shares are at this time shorted by investors with about 4.48 days to cover. United Rentals has about 106 M in cash with 4.7 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.1.
Check United Rentals Probability Of Bankruptcy
Ownership Allocation
United Rentals maintains a total of 67.17 Million outstanding shares. The majority of United Rentals outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in United Rentals to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in United Rentals. Please pay attention to any change in the institutional holdings of United Rentals as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check United Ownership Details

United Stock Price Odds Analysis

Coming from a normal probability distribution, the odds of United Rentals jumping above the current price in 90 days from now is about 74.16%. The United Rentals probability density function shows the probability of United Rentals stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 2.1696. This usually implies as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, United Rentals will likely underperform. Additionally, united Rentals has an alpha of 0.1168, implying that it can generate a 0.12 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 632.88HorizonTargetOdds Above 632.88
25.69%90 days
 632.88 
74.16%
Based on a normal probability distribution, the odds of United Rentals to move above the current price in 90 days from now is about 74.16 (This United Rentals probability density function shows the probability of United Stock to fall within a particular range of prices over 90 days) .

United Stock Institutional Holders

Institutional Holdings refers to the ownership stake in United Rentals that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of United Rentals' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing United Rentals' value.
InstituionRecorded OnShares
Dimensional Fund Advisors, Inc.2023-12-31
1.2 M
Goldman Sachs Group Inc2023-12-31
1.2 M
T. Rowe Price Investment Management,inc.2023-12-31
1.1 M
Amvescap Plc.2023-12-31
M
Boston Partners Global Investors, Inc2023-12-31
894.6 K
Nuveen Asset Management, Llc2023-12-31
842.8 K
Impax Asset Management Group Plc2023-12-31
820.4 K
Lyrical Asset Management Lp2023-12-31
748.5 K
Nordea Investment Mgmt Bank Demark A/s2023-12-31
703.8 K
Vanguard Group Inc2023-12-31
7.6 M
Capital Research Global Investors2023-12-31
6.4 M
View United Rentals Diagnostics

United Rentals Historical Income Statement

United Rentals Income Statement is one of the three primary financial statements used for reporting United's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of United Rentals revenue and expense. United Rentals Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, United Rentals' Gross Profit is increasing as compared to previous years. The United Rentals' current Other Operating Expenses is estimated to increase to about 11 B, while Interest Expense is projected to decrease to under 508 M. View More Fundamentals

United Stock Against Markets

Picking the right benchmark for United Rentals stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in United Rentals stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for United Rentals is critical whether you are bullish or bearish towards United Rentals at a given time. Please also check how United Rentals' historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in United Rentals without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Companies Directory Now

   

Companies Directory

Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
All  Next Launch Module

United Rentals Corporate Directors

United Rentals corporate directors refer to members of an United Rentals board of directors. The board of directors generally takes responsibility for the United Rentals' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of United Rentals' board members must vote for the resolution. The United Rentals board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Gracia MartoreIndependent DirectorProfile
Terri KellyIndependent DirectorProfile
Marc BrunoIndependent DirectorProfile
Brian McAuleyIndependent DirectorProfile

How to buy United Stock?

Before investing in United Rentals, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in United Rentals. To buy United Rentals stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of United Rentals. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase United Rentals stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located United Rentals stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased United Rentals stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as United Rentals, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy United Stock please use our How to Invest in United Rentals guide.

Already Invested in United Rentals?

The danger of trading United Rentals is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of United Rentals is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than United Rentals. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile United Rentals is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether United Rentals offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of United Rentals' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of United Rentals Stock. Outlined below are crucial reports that will aid in making a well-informed decision on United Rentals Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United Rentals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For more detail on how to invest in United Stock please use our How to Invest in United Rentals guide.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

Complementary Tools for United Stock analysis

When running United Rentals' price analysis, check to measure United Rentals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy United Rentals is operating at the current time. Most of United Rentals' value examination focuses on studying past and present price action to predict the probability of United Rentals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United Rentals' price. Additionally, you may evaluate how the addition of United Rentals to your portfolios can decrease your overall portfolio volatility.
Idea Optimizer
Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
Balance Of Power
Check stock momentum by analyzing Balance Of Power indicator and other technical ratios
Fundamental Analysis
View fundamental data based on most recent published financial statements
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Is United Rentals' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of United Rentals. If investors know United will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about United Rentals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.098
Dividend Share
5.92
Earnings Share
35.29
Revenue Per Share
209.318
Quarterly Revenue Growth
0.131
The market value of United Rentals is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United Rentals' value that differs from its market value or its book value, called intrinsic value, which is United Rentals' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because United Rentals' market value can be influenced by many factors that don't directly affect United Rentals' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between United Rentals' value and its price as these two are different measures arrived at by different means. Investors typically determine if United Rentals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United Rentals' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.