United Rentals (NYSE:URI) Posts Quarterly Earnings Results, Misses Estimates By $0.06 EPS

United Rentals (NYSE:URI - Get Free Report) issued its earnings results on Wednesday. The construction company reported $11.59 earnings per share (EPS) for the quarter, missing the consensus estimate 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 Stock Down 1.1 %

Shares of URI traded down $8.65 during trading hours on Wednesday, hitting $758.30. The company had a trading volume of 564,409 shares, compared to its average volume of 696,742. The firm has a fifty day moving average price of $769.13 and a 200-day moving average price of $768.78. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.77 and a current ratio of 0.82. The stock has a market capitalization of $49.76 billion, a price-to-earnings ratio of 19.80, a P/E/G ratio of 1.73 and a beta of 1.69. United Rentals has a 52-week low of $596.48 and a 52-week high of $896.98.

Analyst Ratings Changes

URI has been the topic of several recent analyst reports. Truist Financial cut their price target on shares of United Rentals from $965.00 to $963.00 and set a "buy" rating on the stock in a report on Thursday, January 16th. Robert W. Baird upgraded shares of United Rentals from an "underperform" rating to a "neutral" rating and set a $658.00 price target on the stock in a report on Tuesday, January 14th. Citigroup cut their price target on shares of United Rentals from $985.00 to $835.00 and set a "buy" rating on the stock in a report on Tuesday, January 14th. Barclays lifted their price target on shares of United Rentals from $400.00 to $565.00 and gave the company an "underweight" rating in a report on Friday, October 25th. Finally, Bank of America lifted their price target on shares of United Rentals from $800.00 to $910.00 and gave the company a "buy" rating in a report on Thursday, October 24th. One research analyst has rated the stock with a sell rating, three have given a hold rating and nine have given a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $813.73.

United Rentals Company Profile

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.

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