United Rentals Inc.

United Rentals is an equipment rental company that operates throughout the U.S. and Canada. The company's segments are: general rentals, which includes the rental of construction, aerial and industrial equipment, general tools and light equipment, and related services and activities; and trench, power and fluid solutions, which includes the rental of specialty construction products and related services. The types of equipment that the company provides include general construction and industrial equipment; aerial work platforms; trench safety equipment; power and heating, ventilating and air conditioning equipment; fluid solutions equipment; and general tools and light equipment.
  • TickerURI
  • ISINUS9113631090
  • ExchangeNew York Stock Exchange
  • SectorSupport Services
  • CountryUnited States

United Rentals (North America), Inc.: Update to discussion of key credit considerations

Our credit view of United Rentals reflecting its large scale, strong EBITDA margin and free cash flow generation relative to peers

Dave Nicoski ...
  • Ross LaDuke

Vermilion Compass: Weekly Equity Strategy

10-Year Treasury Yield Reversing Higher Our outlook remains bullish and we believe the path of least resistance remains higher. Several concerns that we have previously noted as being risks to our bullish outlook are now becoming tailwinds. We are encouraged by yesterday's bullish reversal in the 10-year Treasury yield and recent rotations into smid-caps, Financials/banks, Consumer Discretionary, Transportation, Manufacturing, Materials, and Energy Sectors -- which in turn has resulted in improved breadth. These types of Sector rotations are what healthy bull markets are made of. · S...

United Rentals Inc: 1 director sold

A director at United Rentals Inc sold 22,000 shares at 170.621USD and the significance rating of the trade was 72/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of ...

Moody's assigns Ba3 rating to United Rental's $1.1 billion sr unsec notes due 2031

Rating Action: Moody's assigns Ba3 rating to United Rental's $1.1 billion sr unsec notes due 2031. Global Credit Research- 31 Jul 2020. New York, July 31, 2020-- Moody's Investors Service assigned a Ba3 rating to United Rentals, Inc.' s planned $1.1 billion senior unsecured notes due 2031. URNA's parent, United Rentals, Inc. and URNA's domestic subsidiaries will guarantee the notes.

An unfavourable environment weighs on UNITED RENTALS INCO., which sees a downgrade to Slightly Negative

The independent financial analyst theScreener just requalified the general evaluation of UNITED RENTALS INCO. (US), active in the Business Support Services industry. As regards its fundamental valuation, the title still shows 3 out of 4 stars and its market behaviour is seen as risky. theScreener believes that the unfavourable environment weighs on the sector and penalises the company, which sees a downgrade to its general evaluation to Slightly Negative. As of the analysis date July 10, 2020, the closing price was USD 147.83 and its target price was estimated at USD 95.24.

Dave Nicoski ...
  • Ross LaDuke

Vermilion Macro Vision: Sector Synopsis

STRATEGY: Up and to the Right In our September Macro Vision strategy, we suggested shifting towards value oriented names, which continue to outperform growth. We also believed breadth would improve followed by likely new highs and if the cyclicals could bottom it would reflect optimism that a recession has been shelved. In hindsight, there have been improvements in many of the cyclical Sectors (Manufacturing, Transportation, and Basic Materials) and a move away from defensive areas of the market (Services, Consumer Staples, and Utilities). Historically rotations such as this provide a favorab...

Dave Nicoski ...
  • Ross LaDuke

Vital Signs: Actionable charts

Key Points: Many health care names are staging reversals and breaking above bullish bases, including IVC, CUTR, VREX, EHC, SEM, AMED, MD, HAE, RGEN, BIO, LCI, PBH, Semiconductor and semi-suppliers continue to be leadership (ex. ACLS, VECO, COHU, QRVO, SWKS, SYNA, CRUS, SMTC, QCOM) A number of auto component suppliers appear to be bottoming (ex. AXL, DAN, BWA)

Dave Nicoski ...
  • Ross LaDuke

Vermilion Booster Shots: Attractive bottom-fishing stocks

For investors looking for bottom-fishing candidates; stocks that are breaking downtrends, exhibiting ascending reaction lows, and showing stabilizing relative strength.

Dave Nicoski ...
  • Ross LaDuke

Vital Signs: Actionable charts

In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.

Dave Nicoski ...
  • Ross LaDuke

Vermilion Short Shots: Technically Vulnerable Stocks

Short Shots is a collection of technically vulnerable charts culled from the Negative Inflecting and Toppy columns within our Weekly Compass report or from various technical screening processes. The charts contained in this report have developed concerning technical patterns that suggest further price deterioration is likely. For these reasons Short Shots can also be a great source of ideas for investors interested in short-selling candidates.

United Rentals Inc: 1 director sold

A director at United Rentals Inc sold 22,000 shares at 170.621USD and the significance rating of the trade was 72/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The names of ...

Dave Nicoski ...
  • Ross LaDuke

Vermilion Compass: Weekly Equity Strategy

10-Year Treasury Yield Reversing Higher Our outlook remains bullish and we believe the path of least resistance remains higher. Several concerns that we have previously noted as being risks to our bullish outlook are now becoming tailwinds. We are encouraged by yesterday's bullish reversal in the 10-year Treasury yield and recent rotations into smid-caps, Financials/banks, Consumer Discretionary, Transportation, Manufacturing, Materials, and Energy Sectors -- which in turn has resulted in improved breadth. These types of Sector rotations are what healthy bull markets are made of. · S...

Valens Research

Valens Equity Insights and Inflections - 2020 06 23

AMKR currently trades at a discount to Uniform assets, with a 0.6x Uniform P/B (V/A'). At these levels, the market is pricing in expectations for Uniform ROA to improve from immaterial levels in 2019 to just 3% through 2024, accompanied by 4% Uniform asset growth going forward. Meanwhile, analysts have similarly muted expectations, projecting Uniform ROA to expand to 3% by 2021, accompanied by 2% Uniform asset shrinkage. That said, management is excited about their cost reduction actions and confident about their long-term growth strategy. Current valuations appear to be pricing in overly bear...

Valens Research

URI - Embedded Expectations Analysis - 2020 06 18

United Rentals, Inc. (URI:USA) currently trades below corporate averages relative to UAFRS-based (Uniform) Earnings, with a 17.9x Uniform P/E, implying bearish expectations for the firm. However, management is confident about their procure-to-pay system and proceeds as a percentage of OEC Specifically, management is confident they have had a procure-to-pay, seamless and, touchless system for a couple of years and that their proceeds as a percentage of original equipment cost (OEC) was a healthy 53%

Valens Research

URI - Valens Credit Report - 2020 05 20

Cash bond markets are grossly overstating credit risk with a cash bond YTW of 5.021% relative to an Intrinsic YTW of 2.041%. Meanwhile, Moody's is overstating credit risk with its Ba2 rating three notches lower than Valens' IG4 (Baa2) rating Earnings Call Forensics™ analysis of the firm's Q1 2020 earnings call (4/30) highlights that management is confident their proceeds as a percentage of original equipment cost was healthy at 53%, and that they have had a procure-to-pay, seamless, and touchless system for a couple of years Incentives Dictate Behavior™ analysis highlights mostly positiv...

United Rentals (North America), Inc.: Update to discussion of key credit considerations

Our credit view of United Rentals reflecting its large scale, strong EBITDA margin and free cash flow generation relative to peers

Moody's assigns Ba3 rating to United Rental's $1.1 billion sr unsec notes due 2031

Rating Action: Moody's assigns Ba3 rating to United Rental's $1.1 billion sr unsec notes due 2031. Global Credit Research- 31 Jul 2020. New York, July 31, 2020-- Moody's Investors Service assigned a Ba3 rating to United Rentals, Inc.' s planned $1.1 billion senior unsecured notes due 2031. URNA's parent, United Rentals, Inc. and URNA's domestic subsidiaries will guarantee the notes.

United Rentals (North America), Inc.: Update to discussion of key credit considerations

Our credit view of United Rentals, supported by it being the largest equipment rental company in North America and our expectations for a moderate weakening of credit metrics in 2020

United Rentals (North America), Inc.: Covenant Quality Post-Sale Snapshot: $750m 4.0% Senior Notes due 2030

United Rentals (North America), Inc.'s covenant package provides middle-tier HY-lite protection, reflecting a CQ score of 5.00.

Moody's assigns Ba3 rating to United Rental's $750 mm sr unsec notes due 2030

Rating Action: Moody's assigns Ba3 rating to United Rental's $750 mm sr unsec notes due 2030. Global Credit Research- 10 Feb 2020. New York, February 10, 2020-- Moody's Investors Service assigned a Ba3 rating to United Rentals, Inc.' s planned $750 million senior unsecured notes due 2030. URNA's parent, United Rentals, Inc. and URNA's domestic subsidiaries will guarantee the notes.

An unfavourable environment weighs on UNITED RENTALS INCO., which sees a downgrade to Slightly Negative

The independent financial analyst theScreener just requalified the general evaluation of UNITED RENTALS INCO. (US), active in the Business Support Services industry. As regards its fundamental valuation, the title still shows 3 out of 4 stars and its market behaviour is seen as risky. theScreener believes that the unfavourable environment weighs on the sector and penalises the company, which sees a downgrade to its general evaluation to Slightly Negative. As of the analysis date July 10, 2020, the closing price was USD 147.83 and its target price was estimated at USD 95.24.

Ford Equity US Rating and Forecast Report

Ford Equity Research covers more than 4,000 stocks using a proprietary quantitative model that evaluates a company’s earnings strength, its relative valuation and recent price movement. Ford’s five recommendation ratings include strong buy, buy, hold, sell, strong sell. For all stocks in our coverage universe, ratings are generated each week and reflect the fundamental and price data as of the last trading day of the week.

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