Why United Rentals (URI) is a Top Growth Stock for the Long-Term

Company Overview - United Rentals, Inc. is the largest equipment rental company globally, with an integrated network of 1,600 rental locations across the United States, Canada, Europe, Australia, and New Zealand [10] - The company operates in 49 U.S. states and every Canadian province, offering 4,800 classes of equipment for rent, with a total original equipment cost (OEC) of $20.6 billion as of March 31, 2024 [10] Financial Performance - Equipment rentals accounted for 84% of total revenues in 2023 [10] - United Rentals has a Growth Style Score of B, forecasting year-over-year earnings growth of 7.7% for the current fiscal year [11] - The Zacks Consensus Estimate for fiscal 2024 has increased by $0.69 to $43.88 per share, with six analysts revising their earnings estimates higher in the last 60 days [11] - The company boasts an average earnings surprise of 6% [11] Investment Potential - United Rentals is currently rated 3 (Hold) on the Zacks Rank, with a VGM Score of A, indicating solid performance potential [11][12] - With a strong Zacks Rank and top-tier Growth and VGM Style Scores, United Rentals is suggested to be a top pick for growth investors [12]