United Rentals, Inc. | URI

Daily Technical Analysis of United Rentals, Inc.

United Rentals is up a bit on the day, funds flowing in kept the price up 1.63% since yesterday.

Currently URI isn't at a clear support/resistance line that seems tradable. But let's also consider momentum! United Rentals has had a nice run over the last year and provided good returns to shareholders. Over the previous year, the Consulting & Outsourcing company has grown 79.95 percent which isn't too bad. URI may hit some resistance around the 724.28 level, more sellers may enter the market here and push price back down. But it's definitely not guaranteed.

Analyst Ratings for United Rentals By Price Target And Rating

The analysts are pretty neutral on United Rentals right now, so not much useful information here. The current Analysts Sentiment Score is 6.75. Most companies range between (-200 to 200).

Here's a break down of the latest rating changes. On 2024-04-26 Stifel Nicolaus increased their price target by 4.17% to $750.00. On 2024-04-16 The Goldman Sachs Group increased their price target by 10.03% to $790.00. On 2024-03-14 Truist Financial started covering United Rentals with a rating of Buy and added a price target of $793.00. Evercore ISI provided a price target boost of 28.7% to $740.00 from $575.00 on 2024-02-20. On 2024-01-26 Barclays increased their price target by 23.08% to $400.00. Wells Fargo & Company boosted their price targ by 12.7% to $710.00 on 2024-01-26. Robert W. Baird provided a price target boost of 73.6% to $559.00 from $322.00 on 2024-01-26. On 2024-01-08 Morgan Stanley initiated their coverage and rated as Equal Weight and added a price target of $500.00. BNP Paribas reiterated a rating of Outperform on 2024-01-05 and added a price target of $485.00. On 2023-12-15 Citigroup increased their price target by 32.65% to $650.00.

Earnings Per Share (EPS) Estimates By Year and Quarter

Short interest for United Rentals

We take into account several different measures of short interest to create a composite score. These measures are shown in the chart below. Short selling is when investors are betting against a stock. We compile these factors to create a dynamic Short Score - this can indicate poor sentiment, internal problems with a company or industry and the anticipation of future price declines. We look at the short interest percent, days to cover, the rate of change and total shares sold short.

Social Sentiment for United Rentals

Social Sentiment is an aggregation of several different factors such as news, articles, blogs, user content, ratings, etc. Which is shown in the chart below. It may become predictive of a reversal if price and the sentiment diverge. Broader market forces may push prices up or down but if market participants maintain a different view on a specific stock, it may be taken as an opportunity to buy or sell in those cases.