United Rentals(URI)
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United Rentals to Acquire Yak Access for $1.1 Billion
Businesswire· 2024-03-04 19:30
STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI) (“United Rentals” or “the company”) today announced that it has entered into a definitive agreement to acquire Yak Access, LLC, Yak Mat, LLC and New South Access & Environmental Solutions, LLC (collectively, “Yak”) from Platinum Equity (“Platinum”) for approximately $1.1 billion in cash. The transaction is expected to close in the first quarter of 2024, subject to limited contractual conditions. Yak is a leader in the North American matti ...
United Rentals (URI) Laps the Stock Market: Here's Why
Zacks Investment Research· 2024-03-01 08:01
The most recent trading session ended with United Rentals (URI) standing at $693.27, reflecting a +1.03% shift from the previouse trading day's closing. The stock outpaced the S&P 500's daily gain of 0.52%. On the other hand, the Dow registered a gain of 0.12%, and the technology-centric Nasdaq increased by 0.9%.The the stock of equipment rental company has risen by 9.72% in the past month, leading the Construction sector's gain of 9.43% and the S&P 500's gain of 3.85%.Investors will be eagerly watching for ...
United Rentals to Present at the 16th Annual Evercore ISI Industrial Conference
Businesswire· 2024-02-28 06:50
STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI) today announced that it will participate in the 16th Annual Evercore ISI Industrial Conference on Tuesday, March 5, 2024. The conference will include a presentation by Matt Flannery, chief executive officer and Ted Grace, chief financial officer. The presentation will begin at 3:10 p.m. ET and is available via the following link: https://wsw.com/webcast/evercore42/uri/2190000 About United Rentals United Rentals, Inc. is the largest equipm ...
Why Is United Rentals (URI) Up 1.1% Since Last Earnings Report?
Zacks Investment Research· 2024-02-24 01:36
A month has gone by since the last earnings report for United Rentals (URI) . Shares have added about 1.1% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is United Rentals due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. United Rentals’ Q4 Earnings Beat, Margins Fall ...
United Rentals to Present at the Citi 2024 Global Industrial Tech and Mobility Conference
Businesswire· 2024-02-12 21:15
STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI) today announced that it will participate in the Citi 2024 Global Industrial Tech and Mobility Conference on Tuesday, February 20, 2024. The conference will include a presentation by Matt Flannery, chief executive officer and Ted Grace, chief financial officer. The presentation is scheduled to begin at 3:30 p.m. ET and will be available via the following link: https://kvgo.com/citi/united-rentals-inc-feb-2024. About United Rentals United R ...
MoneyShow's Best Investment Ideas For 2024: Part 9
Seeking Alpha· 2024-02-06 22:30
United Rentals (URI) - United Rentals (URI)的股票在过去的3个月、1年和5年中一直表现优于市场和工业部门,预计这一趋势将继续[2] - United Rentals是全球最大的租赁设备公司,公司管理良好,能够在高通胀的经济环境中航行,并采用新技术来促进在后疫情时代的增长[3] Verizon Communications (VZ) - Verizon Communications (VZ)是一家电信巨头,股票吸引了收入导向的投资者,过去10年,公司的股价涨幅达到22.2%,股息从2014年的每股2.14美元增加到2023年的每股2.64美元[6] - Verizon最近的股息率为7%,远高于标普500指数最近的1.5%的股息率[7] - Verizon的股息率也高于公司的10年期债券,目前的收益率为5.17%,自1984年以来,Verizon每年都支付股息,股息从0.80美元增加到2.64美元[8] - Verizon在过去10年向投资者支付了每股24.07美元的股息,而2014年1月股价约为30美元,投资者几乎收回了80%的初始投资[9] Vizsla Silver (VZLA) - Vizsla Silver (VZLA)是一家银矿勘探公司,持有的银当量资源达到104.7百万盎司,资源规模大且品位高,有望进一步扩大[26] Walgreens Boots Alliance (WBA) - Walgreens Boots Alliance (WBA)是全球最大的药店之一,股价自2015年的高点下跌到2023年12月左右的21美元,任何好消息都可能推动股价大幅上涨[35] Westamerica Bancorporation (WABC) - Westamerica Bancorporation (WABC)不同于传统银行,更像是资产配置者,贷款仅占收益资产的15%,主要通过投资组合来分散信贷风险[44] W. P. Carey (WPC) - W. P. Carey (WPC)将大部分办公物业剥离,专注于全球最快增长的建造至适用物业,公司设定了2024年调整后FFO指导范围为每股4.60-4.80美元[48] - Carey目前拥有1,413个净租赁的“运营关键”物业,覆盖全球171百万平方英尺,以及86个自存储物业[52] - Carey股票目前以较深的折扣出售,反映了REITs整体疲软、低股息增长率以及今年秋季关于办公物业分拆的不确定性[53] - 预计这些因素在2024年不会对公司产生重大影响,预计Carey将在未来几年创下新高[54]
United Rentals Announces Next-Generation Access Management Solution
Businesswire· 2024-01-30 21:15
STAMFORD, Conn.--(BUSINESS WIRE)--United Rentals, Inc. (NYSE: URI), the world's largest equipment rental company, today announced a next-generation access management solution that seamlessly manages jobsite and equipment access through RFID badges. This single-badge, multi-use solution can increase jobsite visibility and control for safer, more efficient operations. Next-generation access management is compatible with a variety of third-party workforce management solutions that register workers and issue ...
Why United Rentals Stock Popped 12% on Thursday
The Motley Fool· 2024-01-26 03:42
United Rentals (URI 12.46%) shares powered 12.4% higher through 12:45 p.m. ET on Thursday after the lessor of construction and general industrial equipment reported better-than-expected sales for the quarter -- and better earnings as well.Heading into the Q4 2023 report, Wall Street analysts forecast that United Rentals would earn $10.93 per share, adjusted for one-time items, on quarterly revenue of $3.6 billion. As it turned out, United Rentals earned $11.26 per share as revenue came in ahead of expectati ...
United Rentals(URI) - 2023 Q4 - Earnings Call Transcript
2024-01-26 00:21
财务数据和关键指标变化 - 2023年第四季度总收入同比增长13%至37亿美元,创历史新高 [7] - 2023年第四季度租赁收入同比增长13.5%至31.2亿美元 [14] - 2023年全年自由现金流超过23亿美元,自由现金流率为16.1% [19] - 2023年第四季度调整后EBITDA同比增长10%至18.1亿美元,创历史新高 [17] - 2023年第四季度调整后每股收益同比增长16%至11.26美元 [18] 各条业务线数据和关键指标变化 - 2023年第四季度专业业务租赁收入同比增长15%,各业务线均实现两位数增长 [9] - 2023年第四季度二手设备销售收入同比增长7%,回收率约为62% [16] 各个市场数据和关键指标变化 - 工业终端市场保持健康增长,制造业和电力行业表现尤为出色 [9] - 建筑市场中基础设施和非住宅建筑均保持良好增长 [9] - 地理上公司业务在各地区均保持强劲增长 [9] 公司战略和发展方向及行业竞争 - 公司将继续专注于为客户提供卓越的运营和安全服务,并整合Ahern公司的业务 [6] - 公司计划在2024年继续保持增长势头,主要由大型项目带动 [10] - 公司将通过投资和回报股东两种方式创造长期价值 [10] - 公司认为行业整体保持良好纪律,有助于维持良好的价格环境 [112][113] 管理层对经营环境和未来前景的评论 - 公司对2024年的增长前景保持乐观,预计将实现另一个创纪录的年度 [10][12] - 公司认为自身的规模、营销方式、技术和一站式服务能力是行业中的优势 [12] - 公司预计2024年将是另一个创纪录的年度,并将继续朝着2028年的目标前进 [12] 问答环节重要的提问和回答 问题1 **David Raso提问** 询问公司2024年的设备增长计划以及对应的生产效率预期 [27] **Matthew J. Flannery回答** 公司2024年设备增长主要来自大型项目和专业业务的投资,预计生产效率将保持正增长 [28][29] 问题2 **Rob Wertheimer提问** 询问公司调整后的杠杆目标区间及资本配置策略 [42][43] **William Ted Grace回答** 公司将维持在1.5-2.5倍的杠杆区间,并计划通过股票回购和增加股息等方式向股东返还近20亿美元现金 [43][45] 问题3 **Jerry Revich提问** 询问Ahern公司整合进展及GFN业务发展情况 [49][50] **Matthew J. Flannery和William Ted Grace回答** Ahern公司整合基本完成,协同效果符合预期;GFN业务发展超出原计划,有望提前实现收入和EBITDA翻番的目标 [50][51]
United Rentals (URI) Stock Up on Q4 Earnings Beat, Margins Fall
Zacks Investment Research· 2024-01-25 22:46
United Rentals, Inc.’s (URI) shares gained 4% in the after-hours trading session on Jan 24 after it reported impressive fourth-quarter 2023 results. Its earnings and revenues beat the Zacks Consensus Estimate and increased on a year-over-year basis.The upside was mainly driven by sustained growth across the business, profitability and returns, underpinned by broad-based activity.Moreover, URI has provided strong guidance for 2024, given the strength of the present market condition and the multi-year tailwin ...