Stock To Watch: United Rentals, Inc. (NYSE:URI)


The leading market experts have placed a mean price target of $73.43 on United Rentals, Inc. (NYSE:URI) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $2.22 a share for the upcoming quarter and $8.05 for the current fiscal.

Technical View

The technical analysis of United Rentals, Inc. Common Sto plainly substantiates that the 50-day moving average of United Rentals, Inc. Common Sto is $76.57, and stock is trading $6.59 points away or +8.61% from its 50-day moving average of $76.57. Further it is trading $17.50 or +26.65% away its 200-day moving average of $65.66. United Rentals, Inc. (NYSE:URI) 52-week high is $83.76 and the 52-week low is $41.90.

This explains if the stock moves $-0.60, it will post a 52-week high. In event of +98.47% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of United Rentals, Inc. Common Sto, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, United Rentals, Inc. (NYSE:URI) ratio came in at 12.54.

The stock last ended the trading session at $83.16 and registered a market cap of $7.17B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. United Rentals, Inc. (NYSE:URI) PEG ratio is at 0.49.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

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