United Rentals(URI)

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Here's Why United Rentals (URI) Fell More Than Broader Market
Zacks Investment Research· 2024-04-04 23:20
United Rentals (URI) closed the latest trading day at $693.83, indicating a -1.74% change from the previous session's end. This change lagged the S&P 500's daily loss of 1.23%. Elsewhere, the Dow lost 1.36%, while the tech-heavy Nasdaq lost 1.4%.Shares of the equipment rental company have appreciated by 4.33% over the course of the past month, outperforming the Construction sector's gain of 3.17% and the S&P 500's gain of 1.61%.Analysts and investors alike will be keeping a close eye on the performance of U ...
Are You Looking for a Top Momentum Pick? Why United Rentals (URI) is a Great Choice
Zacks Investment Research· 2024-04-04 17:02
Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...
Why United Rentals (URI) is a Top Momentum Stock for the Long-Term
Zacks Investment Research· 2024-04-04 14:51
For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both. The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens. Zacks Premium also includes the Zacks Style Scores. What are the Zacks Style Scores? The Zacks ...
Will United Rentals (URI) Beat Estimates Again in Its Next Earnings Report?
Zacks Investment Research· 2024-04-02 17:16
If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider United Rentals (URI) . This company, which is in the Zacks Building Products - Miscellaneous industry, shows potential for another earnings beat.This equipment rental company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for ...
United Rentals (URI) Rises Higher Than Market: Key Facts
Zacks Investment Research· 2024-03-18 23:20
In the latest market close, United Rentals (URI) reached $683.61, with a +1.19% movement compared to the previous day. The stock's performance was ahead of the S&P 500's daily gain of 0.63%. Meanwhile, the Dow gained 0.2%, and the Nasdaq, a tech-heavy index, added 0.82%.Shares of the equipment rental company have appreciated by 3.89% over the course of the past month, underperforming the Construction sector's gain of 5.28% and outperforming the S&P 500's gain of 1.76%.Analysts and investors alike will be ke ...
United Rentals Completes Acquisition of Yak Access
Businesswire· 2024-03-15 20:15
STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI) (“United Rentals” or “the company”) today announced that it has completed its previously announced acquisition of Yak Access, LLC, Yak Mat, LLC and New South Access & Environmental Solutions, LLC (collectively, “Yak”) from Platinum Equity for approximately $1.1 billion in cash. The transaction and related expenses were funded through a combination of newly issued senior unsecured notes and existing capacity under the company’s ABL facility. ...
Why United Rentals (URI) Outpaced the Stock Market Today
Zacks Investment Research· 2024-03-12 23:21
In the latest trading session, United Rentals (URI) closed at $675.49, marking a +1.68% move from the previous day. The stock outpaced the S&P 500's daily gain of 1.12%. Meanwhile, the Dow experienced a rise of 0.61%, and the technology-dominated Nasdaq saw an increase of 1.54%.Shares of the equipment rental company witnessed a gain of 0.12% over the previous month, trailing the performance of the Construction sector with its gain of 6.92% and the S&P 500's gain of 2.06%.The investment community will be pay ...
United Rentals Announces Pricing of Private Offering of $1.1 Billion of 6.125% Senior Notes due 2034
Businesswire· 2024-03-07 22:36
STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI) (“URI”) today announced that its subsidiary, United Rentals (North America), Inc. (“URNA”), has priced an offering of $1.1 billion principal amount of 6.125% Senior Notes due 2034 (the “Notes”) in a private offering. URNA’s obligations under the Notes will be guaranteed on a senior unsecured basis by URI and certain of URNA’s domestic subsidiaries. Aggregate net proceeds from the sale of the Notes are expected to be approximately $1.090 bi ...
United Rentals Announces Proposed Private Offering of $1.1 Billion of Senior Notes due 2034
Businesswire· 2024-03-07 12:24
STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI) (“URI”) today announced that its subsidiary, United Rentals (North America), Inc. (“URNA”), is offering $1.1 billion principal amount of Senior Notes due 2034 (the “Notes”) in a private offering. URNA’s obligations under the Notes will be guaranteed on a senior unsecured basis by URI and certain of URNA’s domestic subsidiaries. Aggregate net proceeds from the sale of the Notes are expected to be approximately $1.090 billion after initial p ...
United Rentals (URI) Stock Dips While Market Gains: Key Facts
Zacks Investment Research· 2024-03-07 00:01
The latest trading session saw United Rentals (URI) ending at $676.81, denoting a -0.38% adjustment from its last day's close. The stock fell short of the S&P 500, which registered a gain of 0.51% for the day. At the same time, the Dow added 0.2%, and the tech-heavy Nasdaq gained 0.58%.The equipment rental company's stock has climbed by 3.79% in the past month, falling short of the Construction sector's gain of 9.47% and outpacing the S&P 500's gain of 2.94%.The upcoming earnings release of United Rentals w ...