$3.53 EPS Expected for United Rentals, Inc. (URI)

June 19, 2018 - By Adrian Erickson

United Rentals, Inc. (NYSE:URI) LogoInvestors sentiment increased to 0.97 in Q1 2018. Its up 0.05, from 0.92 in 2017Q4. It is positive, as 36 investors sold United Rentals, Inc. shares while 216 reduced holdings. 85 funds opened positions while 160 raised stakes. 68.67 million shares or 4.27% less from 71.73 million shares in 2017Q4 were reported.
Clark Inc, Pennsylvania-based fund reported 117,763 shares. Icon Advisers holds 0.02% or 1,900 shares. Balyasny Asset Mngmt Limited Liability Co invested in 0.32% or 446,565 shares. New York-based Neuberger Berman Group Limited has invested 0.18% in United Rentals, Inc. (NYSE:URI). Millennium Mngmt Limited Liability Corporation has invested 0.05% in United Rentals, Inc. (NYSE:URI). Grp Incorporated owns 30,807 shares or 0.02% of their US portfolio. Natl Bank Of Montreal Can holds 838,448 shares or 0.13% of its portfolio. Growth Management L P reported 2.87% of its portfolio in United Rentals, Inc. (NYSE:URI). 8,261 were reported by Oppenheimer &. Engineers Gate Manager Ltd Partnership accumulated 3,646 shares. Moreover, Qci Asset Mgmt has 1.55% invested in United Rentals, Inc. (NYSE:URI). Great Lakes Advsrs Ltd Liability Corporation invested in 3,029 shares. Signaturefd Limited Company, a Georgia-based fund reported 743 shares. Daiwa Securities Group Inc invested in 0.11% or 79,943 shares. Moreover, Moneta Group Inc Invest Advsrs Ltd Llc has 0.01% invested in United Rentals, Inc. (NYSE:URI).

Analysts expect United Rentals, Inc. (NYSE:URI) to report $3.53 EPS on July, 18.They anticipate $1.16 EPS change or 48.95 % from last quarter’s $2.37 EPS. URI’s profit would be $295.10M giving it 11.57 P/E if the $3.53 EPS is correct. After having $2.87 EPS previously, United Rentals, Inc.’s analysts see 23.00 % EPS growth. The stock increased 1.54% or $2.47 during the last trading session, reaching $163.32. About 990,500 shares traded. United Rentals, Inc. (NYSE:URI) has risen 45.37% since June 19, 2017 and is uptrending. It has outperformed by 32.80% the S&P500.

United Rentals, Inc. (NYSE:URI) Ratings Coverage

Among 8 analysts covering United Rentals (NYSE:URI), 5 have Buy rating, 0 Sell and 3 Hold. Therefore 63% are positive. United Rentals had 11 analyst reports since December 19, 2017 according to SRatingsIntel. The firm earned “Buy” rating on Tuesday, December 19 by Bank of America. Bank of America maintained it with “Buy” rating and $186 target in Thursday, May 3 report. UBS maintained United Rentals, Inc. (NYSE:URI) on Friday, January 26 with “Neutral” rating. Jefferies maintained the shares of URI in report on Tuesday, January 16 with “Buy” rating. Buckingham Research maintained United Rentals, Inc. (NYSE:URI) rating on Tuesday, January 9. Buckingham Research has “Hold” rating and $175.0 target. The stock of United Rentals, Inc. (NYSE:URI) has “Buy” rating given on Thursday, January 11 by RBC Capital Markets. Buckingham Research maintained the stock with “Neutral” rating in Friday, January 26 report. The company was maintained on Friday, January 26 by Stifel Nicolaus. The firm has “Buy” rating given on Friday, January 26 by Bank of America.

United Rentals, Inc., through its subsidiaries, operates as an equipment rental company. The company has market cap of $13.65 billion. It operates in two divisions, General Rentals; and Trench, Power, and Pump. It has a 10.38 P/E ratio. The General Rentals segment engages in 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; and general tools and light equipment comprising pressure washers, water pumps, and power tools.

More news for United Rentals, Inc. (NYSE:URI) were recently published by: Gurufocus.com, which released: “Wall Street Low Friday” on June 15, 2018. Investorplace.com‘s article titled: “3 Construction Stocks to Buy Right Now” and published on June 18, 2018 is yet another important article.

United Rentals, Inc. (NYSE:URI) Institutional Positions Chart

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