United Rentals, Inc. (URI): From Top to Bottom

United Rentals, Inc. (URI) is an interesting player in the Services space, with a focus on Rental & Leasing Services. The stock has been active on the tape, currently trading at $142.16, up from yesterday’s close by 0.43%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

It’s important to get a feel for how any stock is actually valued on the market based on its core numbers. United Rentals, Inc. (URI) currently trades with a market capitalization of $12.03 Billion.

The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. For URI, the company currently has $338 Million of cash on the books, which is offset by $644 Million current liabilities. You can get a sense of how sustainable that is by a levered free cash flow of $500 Million over the past twelve months. Generally speaking, earnings are expected to fall in coming quarters. Analysts are forecasting earnings of $2.98 on a per share basis this quarter. Perhaps, that suggests something about why 96.70% of the outstanding share supply is held by institutional investors.

Technical Analysis

As most professionals know, technical analysis can offer critical insights into what smart money and insiders think about a stock’s prospects going forward. Looking at the stock’s movement on the chart, United Rentals, Inc. recorded a 52-week high of $144.19. It is now trading 2.03% off that level. The stock is trading $124.05 its 50-day moving average by -18.11%. The stock carved out a 52-week low down at $70.58.

In recent action, United Rentals, Inc. (URI) has made a move of +10.36% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 19.61, and it’s gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 7.91% with $84.06 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of URI.

Previous articleTaking a Fresh Look at Select Medical Holdings Corporation (SEM)
Next articleDrilling Down Into VMware, Inc. (VMW)