United Rentals, Inc., through its subsidiaries, operates as an equipment rental company. It operates in two segments, General Rentals and Specialty. The General Rentals segment rents general construction and industrial equipment includes backhoes, skid-steer loaders, forklifts, earthmoving equipment, and material handling equipment; aerial work platforms, such as boom and scissor lifts; and general tools and light equipment comprising pressure washers, water pumps, and power tools for construction and industrial companies, manufacturers, utilities, municipalities, homeowners, and government entities. The specialty segment rents specialty construction products, including trench safety equipment consists of trench shields, aluminum hydraulic shoring systems, slide rails, crossing plates, construction lasers, and line testing equipment for underground work; power and heating, ventilating, and air conditioning equipment, such as portable diesel generators, electrical distribution equipment, and temperature control equipment; fluid solutions equipment for fluid containment, transfer, and treatment; and mobile storage equipment and modular office space. This segment serves construction companies involved in infrastructure projects, and municipalities and industrial companies. It also sells aerial lifts, reach forklifts, telehandlers, compressors, and generators; construction consumables, tools, small equipment, and safety supplies; and parts for equipment that is owned by its customers, as well as provides repair and maintenance services. The company sells used equipment through its sales force, brokers, website, at auctions, and directly to manufacturers. The company operates in the United States, Canada, Europe, Australia, and New Zealand. United Rentals, Inc. was incorporated in 1997 and is headquartered in Stamford, Connecticut.
Operational Hurdles | United Rentals grapples with declining specialty margins and decelerating fleet productivity, challenging its market position in the equipment rental industry |
Financial Outlook | Analysts project EPS growth from $45.29 in FY1 to $49.89 in FY2, with a significant gap between current stock price and Barclays' $400 price target |
Market Opportunities | Explore United Rentals' potential to leverage positive customer sentiment and capitalize on mega projects for long-term growth and market expansion |
Strategic Positioning | Delve into United Rentals' efforts to navigate international expansion and optimize fleet management amid a robust used equipment market and competitive pressures |
Metrics to compare | URI | Sector Sector - Average of metrics from a broad group of related Industrials sector companies | Relationship RelationshipURIPeersSector | |
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P/E Ratio | 22.2x | 17.7x | 11.7x | |
PEG Ratio | 2.00 | −2.91 | 0.03 | |
Price/Book | 6.6x | 3.6x | 1.4x | |
Price / LTM Sales | 3.8x | 1.4x | 1.2x | |
Upside (Analyst Target) | −0.5% | 39.1% | 21.3% | |
Fair Value Upside | Unlock | 12.8% | 6.5% | Unlock |