Based on the key indicators related to United Rentals' liquidity, profitability, solvency, and operating efficiency, United Rentals is doing better financially today then in previous quarter. It has a moderate probability of reporting better financial numbers in February. As of now, United Rentals' Total Stockholder Equity is increasing as compared to previous years. The United Rentals' current Property Plant And Equipment Net is estimated to increase to about 20.9 B, while Inventory is projected to decrease to under 118.5 M.
The essential information of the day-to-day investment outlook for United Rentals includes many different criteria found on its balance sheet. An individual investor should monitor United Rentals' cash flow, debt, and profitability to accurately make informed decisions on whether to invest in United Rentals.
United Rentals competes with L3Harris Technologies, Cummins, PACCAR, FedEx, and Canadian National. United Rentals, Inc., through its subsidiaries, operates as an equipment rental company. United Rentals, Inc. was incorporated in 1997 and is headquartered in Stamford, Connecticut. United Rentals operates under Rental Leasing Services classification in the United States and is traded on New York Stock Exchange. It employs 20400 people.
Comparative valuation techniques use various fundamental indicators to help in determining United Rentals's current stock value. Our valuation model uses many indicators to compare United Rentals value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across United Rentals competition to find correlations between indicators driving United Rentals's intrinsic value. More Info.
United Rentals is rated third in return on equity category among its peers. It is rated third in return on asset category among its peers reporting about 0.30 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for United Rentals is roughly 3.32 . As of now, United Rentals' Return On Equity is decreasing as compared to previous years. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the United Rentals' earnings, one of the primary drivers of an investment's value.
Most indicators from United Rentals' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into United Rentals current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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 closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
United Rentals is part of several thematic ideas from Rentals to Trump Equities. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Get More Thematic Ideas
Today, most investors in United Rentals Stock are looking for potential investment opportunities by analyzing not only static indicators but also various United Rentals' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of United Rentals growth as a starting point in their analysis.
Along with financial statement analysis, the daily predictive indicators of United Rentals help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of United Rentals. We use our internally-developed statistical techniques to arrive at the intrinsic value of United Rentals based on widely used predictive technical indicators. In general, we focus on analyzing United Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build United Rentals's daily price indicators and compare them against related drivers.
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.