United Rentals, Inc., through its subsidiaries, operates as an equipment rental company.
United Rentals Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$341.46|
|52 Week High||US$159.01|
|52 Week Low||US$364.30|
|1 Month Change||0.38%|
|3 Month Change||18.17%|
|1 Year Change||93.79%|
|3 Year Change||102.00%|
|5 Year Change||351.97%|
|Change since IPO||2,176.40%|
Recent News & Updates
United Rentals: Making Money Renting Shovels
The infrastructure plan approved by the Senate could be only the first step in a broader and larger renovation and modernization infrastructure effort that could last for many years. With investment in infrastructure going to rise in the years to come, we think that the equipment rental companies could see a marked increase of their activity. Being the major player in the sector, United Rentals is likely to be one of the main beneficiaries of this positive trend. In our view, a further decline of the stock could open an interesting BUY opportunity as the stock is already at an attractive level. We think that the United Rentals could be worth USD400/share, with a 21% upside potential from Friday, August 20 close.
These 4 Measures Indicate That United Rentals (NYSE:URI) Is Using Debt Extensively
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Calculating The Intrinsic Value Of United Rentals, Inc. (NYSE:URI)
Today we will run through one way of estimating the intrinsic value of United Rentals, Inc. ( NYSE:URI ) by projecting...
|URI||US Trade Distributors||US Market|
Return vs Industry: URI exceeded the US Trade Distributors industry which returned 46% over the past year.
Return vs Market: URI exceeded the US Market which returned 33.6% over the past year.
Stable Share Price: URI is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: URI's weekly volatility (5%) has been stable over the past year.
About the Company
United Rentals, Inc., through its subsidiaries, operates as an equipment rental company. It operates in two segments, General Rentals; and Trench, Power and Fluid Solutions. The General Rentals segment rents general construction and industrial equipment, including 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.
Is United Rentals undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: URI ($341.46) is trading above our estimate of fair value ($292.18)
Significantly Below Fair Value: URI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: URI is poor value based on its PE Ratio (24.7x) compared to the US Trade Distributors industry average (22.2x).
PE vs Market: URI is poor value based on its PE Ratio (24.7x) compared to the US market (17.8x).
Price to Earnings Growth Ratio
PEG Ratio: URI is poor value based on its PEG Ratio (1.5x)
Price to Book Ratio
PB vs Industry: URI is overvalued based on its PB Ratio (4.9x) compared to the US Trade Distributors industry average (2.2x).
How is United Rentals forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: URI's forecast earnings growth (16.6% per year) is above the savings rate (2%).
Earnings vs Market: URI's earnings (16.6% per year) are forecast to grow faster than the US market (14.8% per year).
High Growth Earnings: URI's earnings are forecast to grow, but not significantly.
Revenue vs Market: URI's revenue (7.2% per year) is forecast to grow slower than the US market (9.7% per year).
High Growth Revenue: URI's revenue (7.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: URI's Return on Equity is forecast to be high in 3 years time (26.4%)
How has United Rentals performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: URI has high quality earnings.
Growing Profit Margin: URI's current net profit margins (11.4%) are lower than last year (12.4%).
Past Earnings Growth Analysis
Earnings Trend: URI's earnings have grown by 7.7% per year over the past 5 years.
Accelerating Growth: URI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: URI had negative earnings growth (-10.1%) over the past year, making it difficult to compare to the Trade Distributors industry average (49.2%).
Return on Equity
High ROE: URI's Return on Equity (19.7%) is considered low.
How is United Rentals's financial position?
Financial Position Analysis
Short Term Liabilities: URI's short term assets ($2.2B) do not cover its short term liabilities ($2.5B).
Long Term Liabilities: URI's short term assets ($2.2B) do not cover its long term liabilities ($12.0B).
Debt to Equity History and Analysis
Debt Level: URI's debt to equity ratio (196.8%) is considered high.
Reducing Debt: URI's debt to equity ratio has reduced from 522% to 196.8% over the past 5 years.
Debt Coverage: URI's debt is well covered by operating cash flow (31.2%).
Interest Coverage: URI's interest payments on its debt are well covered by EBIT (4.7x coverage).
What is United Rentals's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate URI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate URI's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if URI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if URI's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of URI's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Matt Flannery (56 yo)
Mr. Matthew J. Flannery, also known as Matt, has been the Chief Executive Officer and President at United Rentals, Inc. since May 8, 2019. Mr. Flannery was President of United Rentals, Inc. since March 8,...
CEO Compensation Analysis
Compensation vs Market: Matt's total compensation ($USD6.53M) is below average for companies of similar size in the US market ($USD11.33M).
Compensation vs Earnings: Matt's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Management: URI's management team is considered experienced (3.7 years average tenure).
Experienced Board: URI's board of directors are considered experienced (3.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
United Rentals, Inc.'s employee growth, exchange listings and data sources
- Name: United Rentals, Inc.
- Ticker: URI
- Exchange: NYSE
- Founded: 1997
- Industry: Trading Companies and Distributors
- Sector: Capital Goods
- Market Cap: US$24.718b
- Shares outstanding: 72.39m
- Website: https://www.unitedrentals.com
Number of Employees
- United Rentals, Inc.
- 100 First Stamford Place
- Suite 700
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/18 00:46|
|End of Day Share Price||2021/09/17 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.