United Rentals, Inc.s in-depth stock price analysis indicates that the stock price has rallied 39.77% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 54.53% . Looking at the past 52 week period, the stock price is up at 179.69% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of United Rentals, Inc. has a positive value of 69.77 compared to overall market. United Rentals, Inc. (NYSE:URI) has tumbled 1.19% during the past week, however, the bigger picture is still very bullish; the stocks have advanced and posted positive gains of 18.75% in the last four weeks. The stocks have underperformed the S&P 500 by 1.99% during the past week but United Rentals, Inc. (NYSE:URI) it has outperformed the index in 4 weeks by 16.62%.
United Rentals, Inc. (NYSE:URI) : On Friday heightened volatility was witnessed in United Rentals, Inc. (NYSE:URI) which led to swings in the share price. The stock opened for trading at $126.15 and hit $127.54 on the upside , eventually ending the session at $127.12, with a gain of 1.34% or 1.68 points. The heightened volatility saw the trading volume jump to 1,313,726 shares. The 52-week high of the share price is $131.19 and the company has a market cap of $10,718 million. The 52-week low of the share price is at $41.9 .
United Rentals Last issued its quarterly earnings results on Jan 25, 2017. The company reported $2.67 EPS for the quarter, beating the analyst consensus estimate by $ 0.37. Analyst had a consensus of $2.30. The company had revenue of $1523.00 million for the quarter, compared to analysts expectations of $1493.19 million. During the same quarter in the previous year, the company posted $2.19 EPS.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.United Rentals was Downgraded by Argus to Hold on Feb 2, 2017. Company shares were Reiterated by Stifel on Jan 27, 2017 to Hold, Raises Price Target to $ 130 from a previous price target of $112 .United Rentals was Upgraded by Avondale to Mkt Outperform on Jan 26, 2017.
Company has reported several Insider transactions to the SEC, on Feb 3, 2017, Brian Mcauley (director) sold 3,000 shares at 127.46 per share price.On Jan 30, 2017, Filippo Passerini (director) sold 4,000 shares at 127.61 per share price.On Jan 30, 2017, Craig Adam Pintoff (Sr VP-General Counsel & HR) sold 3,489 shares at 127.49 per share price.
United Rentals, Inc. is one of North Americas largest equipment rental companies with over branches in the majority of states, several Canadian provinces and Mexico. The company offers for rent different types of equipment to customers that include construction and industrial companies, manufacturers, utilities, municipalities, homeowners and others.