United Rentals, Inc. (NYSE:URI) slipped over -3.34% at $108.69, after hitting low of $108.69 in an intra-day trade. United Rentals, Inc. has 84.51 million shares outstanding, and in the last trade has seen ATR around 3.02. The volume of URI witnessed an up move from 1.02 million shares, based on a 50-day average, to 1.46 million shares.
In the most updated research from a number of analysts on Wall Street, the company gets 7 Buys and 2 Sell among 18 analysts. United Rentals, Inc. (NYSE:URI) recently traded as high as $111.74. The consensus analyst target price is $129.75. That gives us a street projected return of 19.38. If the published price targets set by United Rentals, Inc. analysts have any power to influence the stock’s share price, the highest price target set for URI is $150.
United Rentals, Inc. most recently reported earnings per share (EPS) of $1.89 for the 3 months ending 2017-06-30 versus $1.53 in the same quarter last year, representing 24% growth. Analysts had predicted $2.94.Revenue during the quarter was $1.6 billion, representing 12% growth from $1.42 billion in year-ago quarter. The company’s quarterly EPS surprised Wall Street by as much as -36% to the downside in its last earnings announcement, so investors should note this tendency when assessing consensus estimates.
On a similar note, analysts expect EPS of $2.88 in September 2017 quarter and $2.81 in December 2017 quarter, representing 11.46% and 5.19% growth, respectively. They expect this year’s earnings to rise 9.82% year-over-year to $13.53, followed by 10.57% growth in the next year to $10.86.
Shares of Cars.com Inc. (NYSE:CARS) traded down 0% in the last session while performance was up 24.19% in the last five days. The stock’s last price was lower from the average trading price of 50 days recorded at $112.96 while enlarging the period to 200 trading days, the average price was $113.26. Currently, 72.5 million total shares are owned by the public and among those 71.54 million shares have been available to trade. The percentage of shares being held by the company management was 0.3% while institutional stake was 0%.
Cars.com Inc. (CARS) is recuperating from the fall at $19.9, the 52-week low. The stock has risen 21.56% since then. The trading saw a strength at $29.47, the 52-week high. But since then, those gains have faded by -17.92%. URI has risen 0.21% in the 1-month period.
United Rentals, Inc. has a beta of 2.43, offering the possibility of a higher rate of return, but also posing more risk. The portion of a company’s profit allocated to each outstanding share of common stock was $2.13 a share in the trailing twelve months. It last reported revenues of $156.62 million and EPS of $0.35 for the 3 months ending 2017-06-30, representing 0% top-line growth and 0.59 EPS growth.