Last Updated: 18 Sep 2024
Executive Summary
United Rentals Inc. (URI) is the world's largest equipment rental company, with a strong market share in North America. The company has a diversified portfolio of equipment and a loyal customer base. URI has a history of strong financial performance, with consistent revenue and earnings growth. The company is well-positioned to continue its growth in the future.
Company Overview
United Rentals, Inc. is a leading provider of construction and industrial equipment rentals in the United States and Canada. The company offers a wide range of equipment, including aerial work platforms, earthmoving equipment, forklifts, and power tools. URI also provides a variety of services, such as equipment maintenance, repair, and training.
Fundamental Analysis
URI has a strong financial profile. The company has a healthy balance sheet, with low debt levels and ample liquidity. URI also has a track record of strong profitability, with EBITDA margins consistently exceeding 20%. The company's earnings per share have grown at a compound annual rate of over 10% over the past five years.
URI's valuation metrics are attractive relative to its peers. The company's trailing price-to-earnings ratio is 20.41, which is below the industry average. URI's forward price-to-earnings ratio is 16.34, which is also below the industry average.
Technical Analysis
URI's stock price has been trending higher in recent months. The stock is currently trading above its 50-day and 200-day moving averages. The stock's relative strength index (RSI) is also above 50, which indicates that the stock is in a bullish trend.
Short Term Outlook
URI's stock price is expected to continue to trend higher in the short term. The company's strong financial performance and attractive valuation metrics make it a compelling investment opportunity.
Long Term Outlook
URI is well-positioned to continue its growth in the long term. The company's diversified portfolio of equipment and loyal customer base provide it with a competitive advantage. URI's strong financial profile also gives it the flexibility to invest in new growth opportunities.
Analyst Recommendations
Analysts are bullish on URI's stock. The consensus analyst rating is "buy." The average analyst target price is $709.21, which represents a potential upside of over 10%.
