Charles Schwab Investment Management ups stake in
United Rentals (URI), while
URI walks away from a major acquisition, causing a slump in stocks. Meanwhile,
Inceptionr LLC, among several others increased their holdings in URI. Analysts estimate URI's price target at $829.00. There were some divestments from
Souders Financial Advisors,
JAG and
Factorial Partners LLC. URI's stock hits a new 52-week low, but rising industry trends and recent corrections are seen as buying opportunities. The company revealed its strategic vision at a major conference, shedding light on its plans. Recent happenings in URI's stock performance have been outlined, including moves taken by competing
Herc Holdings. Some earnings records, like the record revenue in Q4 2024, didn't prevent a drop in URI's stocks following a Q4 earnings miss. The quarter still ended with $4.1B in revenue, indicating massive cash returns to shareholders. Despite this, Baird lowered URI's price target to $535 from $627. There were a series of transactions with URI shares, indicating an active market. Additionally, the firm's CFO sold 1,100 shares of stock. Despite missing profit estimates due to inflationary costs, big projects helped United Rentals, who is expected to have another winning year in 2025.
United Rentals URI News Analytics from Thu, 25 Jul 2024 07:00:00 GMT to Sat, 08 Mar 2025 10:04:12 GMT -
Rating -2
- Innovation 5
- Information 8
- Rumor -5
