United Rentals Stock Price on March 21, 2024
| URI Stock | USD 666.66 2.09 0.31% |
Below is the normalized historical share price chart for United Rentals extending back to December 18, 1997. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of United Rentals stands at 666.66, as last reported on the 3rd of May, with the highest price reaching 685.89 and the lowest price hitting 664.33 during the day.
If you're considering investing in United Stock, it is important to understand the factors that can impact its price. We consider United Rentals very steady. United Rentals owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0372, which indicates the firm had a 0.0372% return per unit of risk over the last 3 months. We have found thirty technical indicators for United Rentals, which you can use to evaluate the volatility of the company. Please validate United Rentals' Risk Adjusted Performance of 0.0303, semi deviation of 2.03, and Coefficient Of Variation of 2749.52 to confirm if the risk estimate we provide is consistent with the expected return of 0.075%.
As of now, United Rentals' Total Stockholder Equity is increasing as compared to previous years. The United Rentals' current Liabilities And Stockholders Equity is estimated to increase to about 26.9 B, while Common Stock Shares Outstanding is projected to decrease to under 68.2 M. . As of now, United Rentals' Price To Operating Cash Flows Ratio is increasing as compared to previous years. The United Rentals' current Price To Free Cash Flows Ratio is estimated to increase to 65.02, while Price Earnings Ratio is projected to decrease to 15.11. United Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 18th of December 1997 | 200 Day MA 543.7622 | 50 Day MA 681.4614 | Beta 1.819 |
United |
Sharpe Ratio = 0.0372
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | URI | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 2.01 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.08 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.04 actual daily | 2 98% of assets perform better |
Based on monthly moving average United Rentals is performing at about 2% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of United Rentals by adding it to a well-diversified portfolio.
Price Book 5.5753 | Enterprise Value Ebitda 8.6957 | Price Sales 3.1627 | Shares Float 66.2 M | Dividend Share 6.07 |
Related Headline
Aarons Headline on 21st of March 2024
Disposition of 12701 shares by Russell Falkenstein of Aarons... by Russell Falkenstein
Filed transaction by The Aarons Officer: Evp, Coo, Lease-to-own. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)
United Rentals Valuation on March 21, 2024
It is possible to determine the worth of United Rentals on a given historical date. On March 21, 2024 United was worth 717.59 at the beginning of the trading date compared to the closed value of 719.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of United Rentals stock. Still, in general, we apply an absolute valuation method to find United Rentals' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of United Rentals where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against United Rentals' related companies.
| Open | High | Low | Close | Volume | |
| 691.51 | 715.37 | 691.51 | 709.33 | 1,070,617 | |
03/21/2024 | 717.59 | 729.91 | 713.26 | 719.05 | 591,859 |
| 724.28 | 727.00 | 713.45 | 714.27 | 445,563 |
| Backtest United Rentals | | | United Rentals History | | | United Rentals Valuation | Previous | Next |
United Rentals Trading Date Momentum on March 21, 2024
| On March 22 2024 United Rentals was traded for 714.27 at the closing time. Highest United Rentals's price during the trading hours was 727.00 and the lowest price during the day was 713.45 . The net volume was 445.6 K. The overall trading history on the 22nd of March contributed to the next trading period price depreciation. The trading price change to the next next day price was 0.66% . The trading price change to current price is 0.29% . |
United Rentals Fundamentals Correlations and Trends
By evaluating United Rentals' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among United Rentals' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. United financial account trend analysis is a perfect complement when working with valuation or volatility modules.About United Rentals Stock history
United Rentals investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for United is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in United Rentals will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing United Rentals stock prices may prove useful in developing a viable investing in United Rentals
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 68.7 M | 68.2 M | |
| Net Income Applicable To Common Shares | 2.4 B | 2.5 B |
United Rentals Stock Technical Analysis
United Rentals technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
United Rentals Period Price Range
Low | March 21, 2024
| High |
717.59 | 719.05 |
United Rentals May 3, 2024 Market Strength
Market strength indicators help investors to evaluate how United Rentals stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading United Rentals shares will generate the highest return on investment. By undertsting and applying United Rentals stock market strength indicators, traders can identify United Rentals entry and exit signals to maximize returns
| Accumulation Distribution | 13500.91 | |||
| Daily Balance Of Power | 0.0877 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 721.59 | |||
| Day Typical Price | 720.74 | |||
| Price Action Indicator | (1.81) | |||
| Period Momentum Indicator | (52.39) |
United Rentals Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for United Rentals' price direction in advance. Along with the technical and fundamental analysis of United Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of United to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0303 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.0091 | |||
| Treynor Ratio | 0.0295 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in United Rentals. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in United Stock please use our How to Invest in United Rentals guide.You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Complementary Tools for United Stock analysis
When running United Rentals' price analysis, check to measure United Rentals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy United Rentals is operating at the current time. Most of United Rentals' value examination focuses on studying past and present price action to predict the probability of United Rentals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move United Rentals' price. Additionally, you may evaluate how the addition of United Rentals to your portfolios can decrease your overall portfolio volatility.
| Portfolio Analyzer Portfolio analysis module that provides access to portfolio diagnostics and optimization engine | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Crypto Correlations Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios |
Is United Rentals' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of United Rentals. If investors know United will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about United Rentals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.243 | Dividend Share 6.07 | Earnings Share 36.82 | Revenue Per Share 213.958 | Quarterly Revenue Growth 0.061 |
The market value of United Rentals is measured differently than its book value, which is the value of United that is recorded on the company's balance sheet. Investors also form their own opinion of United Rentals' value that differs from its market value or its book value, called intrinsic value, which is United Rentals' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because United Rentals' market value can be influenced by many factors that don't directly affect United Rentals' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between United Rentals' value and its price as these two are different measures arrived at by different means. Investors typically determine if United Rentals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, United Rentals' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.