United Rentals (URI) Stock Surges 92% in a Year: Here's Why
United Rentals(URI) zacks.com·2024-05-30 02:06
United Rentals, Inc.’s (URI) stock surged 91.8% in the past year compared with the Zacks Building Products - Miscellaneous industry’s 52% growth and S&P 500 index’s 26.2% rise.The company’s focus on rental business, solid infrastructure and non-residential sectors demand, and acquisitions are making it more attractive among its peers.This Zacks Rank #3 (Hold) company’s earnings estimates for 2024 showcase a growth rate of 7.3% from the year-ago period on a 6.5% revenue improvement. Its earnings topped the Z ...