URI - United Rentals

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United Rentals, Inc. (URI) is the largest equipment rental company in the world, with over 880 rental locations throughout the United States and Canada. The company was founded in 1997 by Bradley Jacobs and seven others, and its customer base includes construction and industrial companies, utilities, municipalities, and homeowners. In addition to equipment rentals, the company offers new and used equipment sales, safety training, and 24/7 equipment service support.

United Rentals is headed up by Michael J. Kneeland (President & CEO) and William B. Plummer (Executive Vice President & CFO). Total annual revenue in 2008 was $3.3 billion, including $2.5 billion in equipment rental revenue. United Rentals also holds about a 13 percent share of construction and industrial equipment rentals in North America. Having the largest fleet of rental equipment in the world, United Rentals employs more than 12,000 employees, servicing over 300 metropolitan areas, 49 states, and ten Canadian provinces.

The company has five main divisions: General Rentals & Aerial, Power & HVAC, Trench Safety, Industrial Tools, and Pump Solutions. While the general rental branches are the most prolific and yielding for the company, the other divisions are increasingly a larger portion of United's revenue.

 

Reported after close today:
Earnings: EPS $1.40 and revenue $1.31B
Estimates: EPS $1.18 and revenue $1.28B

 

Reported after close today (10/19/16)
Earnings: EPS $2.58 Revenue $1.51B
Estimates: EPS $2.44 Revenue $1.52B

Up 5.19% after hours

 

Analyst Upgrade/Downgrade Update

Brokerage firm: Morgan Stanley
Change: Downgrade
Previous Rating: Overweight
Current Rating: Equal-weight
Previous Price Target: N/A
Current Price Target: N/A

 

Recent insider trading:

 

Recent Insider Trading

Lots of insiders selling large %'s of their shares