Alert: Positive Investment/Fundamental Signals (11/17/23)-United Rentals Inc. (NYSE: URI)


Extremely important positive changes in investment behavior have recently occurred for United Rentals Inc. (NYSE: URI): its shorter term price trend turned up, and its longer term price trend turned up.

United Rentals Inc. (NYSE: URI). Meaningful positive changes in fundamentals have recently occurred: significant quarterly earnings acceleration occurred, and significant quarterly sales acceleration occurred.

In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.


Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, URI is expected to continue to be a major Value Builder.

United Rentals has a current Value Trend Rating of A (Highest Rating). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. United Rentals has a slightly positive Appreciation Score of 69 and a very high Power Rating of 90, resulting in the Highest Value Trend Rating.

Recent Price Action

On 11/17/23, United Rentals Inc. (NYSE: URI) stock increased 1.4%, closing at $480.98. Relative to the market the stock has been exceptionally strong over the last nine months and has risen 9.9% during the last week.

Be the first to comment

Leave a Reply

Your email address will not be published.