United Rentals (URI) has been a subject of significant interest, with various investment firms adjusting their holdings. While
Stifel Financial Corp, State Street Corp, RBF Capital LLC and HighTower Advisors have reduced their shares, other firms like
Quantinno Capital Management, Redwood Grove Capital, Royal London Asset Management, and Erste Asset Management have increased investments. Q3 earnings were reportedly in line with expectations with the company announcing record third-quarter results.
United Rentals further reaffirmed mid-points of 2024 guidance. Although analysts have suggested URI stock underperformed its competitors on certain days, the stock has shown value and momentum growth in the long term. They've also been honored for their veteran employment programs. However, the company's quarterly earnings and revenues have lagged estimates. Some insider trading occurred possibly signaling caution, but overall,
URI has noted a general increase in its return on equity (ROE) and return on capital employed (ROCE), signalling potential healthy growth.
United Rentals URI News Analytics from Mon, 03 Jun 2024 07:00:00 GMT to Sat, 07 Dec 2024 11:49:03 GMT -
Rating 7
- Innovation 3
- Information 7
- Rumor 5
