With 1.13 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.66 million shares. The 52-week range on URI shows that it touched its highest point at $896.98 and its lowest point at $585.27 during that stretch. It currently has a 1-year price target of $840.53. With its current market cap of 40.87 billion, URI has annualized dividend of $6.68 while the current yield stands at 1.07%. Beta for the stock currently stands at 1.75.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of URI was down-trending over the past week, with a drop of -1.15%, but this was down by -16.94% over a month. Three-month performance dropped to -26.97% while six-month performance fell -10.82%. The stock lost -12.13% in the past year, while it has lost -11.15% so far this year. A look at the trailing 12-month EPS for URI yields 38.74 with Next year EPS estimates of 49.20. For the next quarter, that number is 9.02. This implies an EPS growth rate of 3.58% for this year and 10.02% for next year. EPS is expected to grow by 8.59% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 20.69%.
Float and Shares Shorts:
At present, 65.31 million URI shares are outstanding with a float of 64.95 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for URI since 8 analysts follow the stock currently. There are 6 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $43.69493 being high and $42.61998 being low. For URI, this leads to a yearly average estimate of $43.22713. Based on analyst estimates, the high estimate for the next quarter is $11.99 and the low estimate is $9.86. The average estimate for the next quarter is thus $10.97.
