United Rentals (NYSE:URI) Announces Earnings Results, Misses Expectations By $0.06 EPS

United Rentals (NYSE:URI) issued its quarterly earnings data on Wednesday. The construction company reported $11.59 EPS for the quarter, missing analysts’ consensus estimates of $11.65 by ($0.06), Zacks reports. United Rentals had a return on equity of 34.73% and a net margin of 17.12%. United Rentals updated its FY 2025 guidance to EPS.

United Rentals Trading Down 1.1 %

Shares of United Rentals stock traded down $8.65 on Wednesday, hitting $758.30. 561,789 shares of the company traded hands, compared to its average volume of 696,742. United Rentals has a 52 week low of $596.48 and a 52 week high of $896.98. The company has a market cap of $49.76 billion, a PE ratio of 19.80, a PEG ratio of 1.73 and a beta of 1.69. The stock’s 50 day moving average price is $769.13 and its 200-day moving average price is $768.78. The company has a current ratio of 0.82, a quick ratio of 0.77 and a debt-to-equity ratio of 1.38.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. Baird R W raised United Rentals from a “strong sell” rating to a “hold” rating in a research note on Tuesday, January 14th. Truist Financial decreased their price target on United Rentals from $965.00 to $963.00 and set a “buy” rating on the stock in a report on Thursday, January 16th. Bank of America lifted their price objective on shares of United Rentals from $800.00 to $910.00 and gave the stock a “buy” rating in a research note on Thursday, October 24th. Citigroup reduced their target price on shares of United Rentals from $985.00 to $835.00 and set a “buy” rating on the stock in a research note on Tuesday, January 14th. Finally, Argus lifted their price target on shares of United Rentals from $840.00 to $880.00 and gave the stock a “buy” rating in a research note on Wednesday, November 20th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and nine have issued a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $813.73.

About United Rentals

United Rentals, Inc, through its subsidiaries, operates as an equipment rental company. It operates in two segments, General Rentals and Specialty. The General Rentals segment rents general construction and industrial equipment includes backhoes, skid-steer loaders, forklifts, earthmoving equipment, and material handling equipment; aerial work platforms, such as boom and scissor lifts; and general tools and light equipment comprising pressure washers, water pumps, and power tools for construction and industrial companies, manufacturers, utilities, municipalities, homeowners, and government entities.