Dernières nouvelles pour United Rentals (NYSE:URI) Stock

United Rentals

United Rentals is the world's largest equipment rental company. It principally operates in the United States and Canada, where it commands approximately 15% share in a highly fragmented market. It serves three end markets: general industrial, commercial construction, and residential construction. Like its peers, United Rentals historically has provided its customers with equipment that was intermittently used, such as aerial equipment and portable generators. As the company has grown organically and through hundreds of acquisitions since it went public in 1997, its catalog (fleet size of $21 billion) now includes a range of specialty equipment and other items that can be rented for indefinite periods.

United Rentals Inc

<p>Investors with a lot of money to spend have taken a bearish stance on <strong>United Rentals</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/URI#NYSE">URI</a>).</p>
<p>And retail traders should know.</p>
<p>We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga.</p>
<p>Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with URI, it often means somebody knows something is about to happen.</p>
<p>So how do we know what these investors just did? </p>
<p>Today, <a href="https://pro.benzinga.com/?utm_source=insights">Benzinga</a>'s options scanner spotted 12 uncommon options trades for United Rentals.</p>
<p>This isn't normal.</p>
<p>The overall sentiment of these big-money traders is split between 33% bullish and 50%, bearish.</p>
<p>Out of all of the special options we uncovered, 4 are puts, for a total amount of $353,700, and 8 are calls, for a total amount of $399,909.</p>
<h3>Expected Price Movements</h3>
<p>Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $690.0 to $900.0 for United Rentals during the past quarter. </p>
<h3>Insights into Volume &amp; Open Interest</h3>
<p>In terms of liquidity and interest, the mean open interest for United Rentals options trades today is 21.86 with a total volume of 342.00.</p>
<p>In the following chart, we are able to follow the development of volume and open interest of call and put options for United Rentals's big money trades within a strike price range of $690.0 to $900.0 over the last 30 days.</p>
<h3>United Rentals Option Volume And Open Interest Over Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1727112652_0.png" alt="Options Call Chart" /></p>
<h3>Noteworthy Options Activity:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th style="text-align: right;"><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>URI</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$15.8</td>
<td>$13.3</td>
<td>$15.8</td>
<td>$770.00</td>
<td>$188.0K</td>
<td style="text-align: right;">17</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>URI</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$85.4</td>
<td>$84.5</td>
<td>$84.5</td>
<td>$840.00</td>
<td>$67.6K</td>
<td style="text-align: right;">9</td>
<td style="text-align: right;">8</td>
</tr>
<tr>
<td>URI</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$41.1</td>
<td>$39.8</td>
<td>$41.1</td>
<td>$820.00</td>
<td>$65.4K</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">73</td>
</tr>
<tr>
<td>URI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/20/25</td>
<td>$60.9</td>
<td>$59.0</td>
<td>$60.95</td>
<td>$900.00</td>
<td>$60.9K</td>
<td style="text-align: right;">74</td>
<td style="text-align: right;">10</td>
</tr>
<tr>
<td>URI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>06/20/25</td>
<td>$63.0</td>
<td>$59.5</td>
<td>$60.74</td>
<td>$900.00</td>
<td>$60.7K</td>
<td style="text-align: right;">74</td>
<td style="text-align: right;">51</td>
</tr>
</tbody>
</table>
</p>
<h3>About United Rentals</h3>
<p>United Rentals is the world's largest equipment rental company. It principally operates in the United States and Canada, where it commands approximately 15% share in a highly fragmented market. It serves three end markets: general industrial, commercial construction, and residential construction. Like its peers, United Rentals historically has provided its customers with equipment that was intermittently used, such as aerial equipment and portable generators. As the company has grown organically and through hundreds of acquisitions since it went public in 1997, its catalog (fleet size of $21 billion) now includes a range of specialty equipment and other items that can be rented for indefinite periods.</p>
<p>After a thorough review of the options trading surrounding United Rentals, we move to examine the company in more detail. This includes an assessment of its current market status and performance.</p>
<h3>Current Position of United Rentals</h3>
<ul>
<li>With a volume of 96,527, the price of URI is up 1.41% at $794.66. </li>
<li>RSI indicators hint that the underlying stock may be approaching overbought.</li>
<li>Next earnings are expected to be released in 30 days.</li>
</ul>
<h3>What The Experts Say On United Rentals</h3>
<p>A total of 1 professional analysts have given their take on this stock in the last 30 days, setting an average price target of $940.0.</p>
<p><strong>Unusual Options Activity Detected: Smart Money on the Move</strong></p>
<p>Benzinga Edge's Unusual Options board spots potential market movers before they happen. See what positions big money is taking on your favorite stocks. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=Be8be9arja3be22bz20&amp;utm_source=benzinga-insights"><strong>Click here for access</strong></a>.<br />
&#x2A; Consistent in their evaluation, an analyst from JP Morgan keeps a Overweight rating on United Rentals with a target price of $940. </p>
<p>Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.</p>
<p>If you want to stay updated on the latest options trades for United Rentals, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.</p>


Options

Markets

A Closer Look at United Rentals's Options Market Dynamics

<p>JP Morgan  analyst Tami Zakaria   maintains United Rentals (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/URI#NYSE">URI</a>) with a Overweight and raises the price target from $780 to $940.</p>


News

Price Target

Analyst Ratings

JP Morgan Maintains Overweight on United Rentals, Raises Price Target to $940

<p>The S&amp;P 500, tracked by the <strong>SPDR S&amp;P 500 ETF Trust</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>), hit fresh record highs during Tuesday morning trading and closed up 0.04%, marking its seventh consecutive day of gains, just ahead of the Federal Reserve&#8217;s highly <a href="https://www.benzinga.com/topic/interest-rates">anticipated interest rate decision.</a></p>
<p><figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><br />
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24SPY&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$SPY</a> hit all-time highs today <a href="https://t.co/MxtEgTXErl">pic.twitter.com/MxtEgTXErl</a></p>
<p>&mdash; Benzinga (@Benzinga) <a href="https://twitter.com/Benzinga/status/1836051317464178892?ref_src=twsrc%5Etfw">September 17, 2024</a></p></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
<p></p></figure></p>
<p>The performance of the index tracking the largest 500 U.S. companies by market capitalization was in line with other major indices. The <strong>Invesco QQQ Trust, Series 1</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which tracks the tech-heavy Nasdaq, and the <strong>SPDR Dow Jones Industrial Average ETF</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>) both closed broadly flat for the day.</p>
<p>However, small-cap stocks outperformed their larger counterparts, as the <strong>iShares Russell 2000 ETF </strong>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) finished 0.8% higher.</p>
<p>Policymakers gathered on Tuesday for the two-day Federal Open Market Committee (FOMC) meeting, with the interest rate decision expected on Wednesday at 2:00 p.m. ET.</p>
<p>Market expectations are mixed, with CME FedWatch data indicating a 65% chance of a 50-basis-point rate cut and a 35% chance of a smaller 25-basis-point cut. This level of uncertainty is unusual on the eve of a Fed decision.</p>
<p>Expectations for a larger rate cut fell slightly after August retail sales came in stronger than anticipated. Retail sales increased by 0.1% month-over-month, decelerating from July&#8217;s robust 1.1% growth but beating forecasts of a 0.2% decline.</p>
<p>The unexpected strength in consumer spending has cast some doubt on the need for a significant rate cut to support the economy.</p>
<p>An overwhelming consensus among Wall Street analysts anticipates a 25-basis-point cut, yet JPMorgan Chase stands among the outliers predicting a 50-basis-point reduction.</p>
<h3 class="wp-block-heading">Tuesday&#8217;s Top 5 S&amp;P 500 Stocks</h3>
<p><figure class="wp-block-table is-style-stripes"><br />
<table>
<tbody>
<tr>
<td><strong>Name</strong></td>
<td><strong>Sector</strong></td>
<td><strong>1-day Return (%)</strong></td>
</tr>
<tr>
<td><strong>Enphase Energy, Inc.</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ENPH#NASDAQ">ENPH</a>)</td>
<td>Information Technology</td>
<td>6.32</td>
</tr>
<tr>
<td><strong>Hewlett Packard Enterprise Company</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HPE#NASDAQ">HPE</a>)</td>
<td>Information Technology</td>
<td>5.66</td>
</tr>
<tr>
<td><strong>Moderna, Inc</strong>. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRNA#NASDAQ">MRNA</a>)</td>
<td>Health Care</td>
<td>4.05</td>
</tr>
<tr>
<td><strong>Synchrony Financial</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SYF#NYSE">SYF</a>)</td>
<td>Financials</td>
<td>4.00</td>
</tr>
<tr>
<td><strong>United Rentals, Inc</strong>. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/URI#NYSE">URI</a>)</td>
<td>Industrials</td>
<td>3.95</td>
</tr>
<tr>
<td><strong>Airbnb, Inc</strong>. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ABNB#NASDAQ">ABNB</a>)</td>
<td>Consumer Discretionary</td>
<td>3.86</td>
</tr>
</tbody>
</table>
<p></p></figure></p>
<p><strong>Read Next:</strong></p>
<ul>
<li><strong><a href="https://www.benzinga.com/economics/macro-economic-events/24/09/40908202/10-etfs-investors-secretly-bought-before-the-feds-make-or-break-interest-rate-cal">10 ETFs Investors Secretly Bought Before The Fed&#8217;s Make-Or-Break Interest Rate Call</a></strong></li>
</ul>
<p><em>Image created using artificial intelligence via Dall-E.</em></p>


Equities

Large Cap

Macro Economic Events

Mid Cap

Broad U.S. Equity ETFs

Econ #s

Economics

Tech

ETFs

ABNB

SPDR Dow Jones Industrial Average ETF Trust

ENPH

MRNA

S&P 500 Briefly Hits Record High Just Ahead Of Fed Rate Cut, Extends 7-Day Winning Streak: Tuesday's Top 5 Gainers

<p>Investors with a lot of money to spend have taken a bullish stance on <strong>United Rentals</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/URI#NYSE">URI</a>).</p>
<p>And retail traders should know.</p>
<p>We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.</p>
<p>Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with URI, it often means somebody knows something is about to happen.</p>
<p>Today, Benzinga's options scanner spotted 15 options trades for <strong>United Rentals</strong>.</p>
<p>This isn't normal.</p>
<p>The overall sentiment of these big-money traders is split between 40% bullish and 33%, bearish.</p>
<p>Out of all of the options we uncovered, there was 1 put, for a total amount of $29,167, and 14, calls, for a total amount of $694,451.</p>
<h3>What's The Price Target?</h3>
<p>Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $390.0 to $760.0 for United Rentals over the last 3 months. </p>
<h3>Insights into Volume &amp; Open Interest</h3>
<p>In terms of liquidity and interest, the mean open interest for United Rentals options trades today is 60.25 with a total volume of 64.00.</p>
<p>In the following chart, we are able to follow the development of volume and open interest of call and put options for United Rentals's big money trades within a strike price range of $390.0 to $760.0 over the last 30 days.</p>
<h3>United Rentals 30-Day Option Volume &amp; Interest Snapshot</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1726597837_0.png" alt="Options Call Chart" /></p>
<h3>Significant Options Trades Detected:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th style="text-align: right;"><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>URI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$37.4</td>
<td>$36.1</td>
<td>$36.1</td>
<td>$760.00</td>
<td>$72.2K</td>
<td style="text-align: right;">19</td>
<td style="text-align: right;">22</td>
</tr>
<tr>
<td>URI</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>09/20/24</td>
<td>$180.4</td>
<td>$173.7</td>
<td>$176.9</td>
<td>$590.00</td>
<td>$70.7K</td>
<td style="text-align: right;">7</td>
<td style="text-align: right;">4</td>
</tr>
<tr>
<td>URI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/27/24</td>
<td>$34.0</td>
<td>$29.4</td>
<td>$31.8</td>
<td>$750.00</td>
<td>$64.6K</td>
<td style="text-align: right;">60</td>
<td style="text-align: right;">22</td>
</tr>
<tr>
<td>URI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$320.0</td>
<td>$315.0</td>
<td>$315.0</td>
<td>$440.00</td>
<td>$63.0K</td>
<td style="text-align: right;">61</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>URI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$51.7</td>
<td>$48.0</td>
<td>$51.7</td>
<td>$700.00</td>
<td>$56.2K</td>
<td style="text-align: right;">159</td>
<td style="text-align: right;">11</td>
</tr>
</tbody>
</table>
</p>
<h3>About United Rentals</h3>
<p>United Rentals is the world's largest equipment rental company. It principally operates in the United States and Canada, where it commands approximately 15% share in a highly fragmented market. It serves three end markets: general industrial, commercial construction, and residential construction. Like its peers, United Rentals historically has provided its customers with equipment that was intermittently used, such as aerial equipment and portable generators. As the company has grown organically and through hundreds of acquisitions since it went public in 1997, its catalog (fleet size of $21 billion) now includes a range of specialty equipment and other items that can be rented for indefinite periods.</p>
<p>After a thorough review of the options trading surrounding United Rentals, we move to examine the company in more detail. This includes an assessment of its current market status and performance.</p>
<h3>Where Is United Rentals Standing Right Now?</h3>
<ul>
<li>Currently trading with a volume of 219,181, the URI's price is up by 2.98%, now at $764.07. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 36 days.</li>
</ul>
<h3>What The Experts Say On United Rentals</h3>
<p>1 market experts have recently issued ratings for this stock, with a consensus target price of $795.0.</p>
<ul>
<li>Consistent in their evaluation, an analyst from Evercore ISI Group keeps a Outperform rating on United Rentals with a target price of $795. </li>
</ul>
<p>Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.</p>
<p>If you want to stay updated on the latest options trades for United Rentals, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.</p>


This Is What Whales Are Betting On United Rentals

<p>Investors with a lot of money to spend have taken a bullish stance on <strong>United Rentals</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/URI#NYSE">URI</a>).</p>
<p>And retail traders should know.</p>
<p>We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.</p>
<p>Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with URI, it often means somebody knows something is about to happen.</p>
<p>Today, Benzinga's options scanner spotted 9 options trades for <strong>United Rentals</strong>.</p>
<p>This isn't normal.</p>
<p>The overall sentiment of these big-money traders is split between 44% bullish and 22%, bearish.</p>
<p>Out of all of the options we uncovered, there was 1 put, for a total amount of $30,660, and 8, calls, for a total amount of $334,266.</p>
<h3>Projected Price Targets</h3>
<p>Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $670.0 to $750.0 for United Rentals over the last 3 months. </p>
<h3>Volume &amp; Open Interest Development</h3>
<p>Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for United Rentals's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across United Rentals's significant trades, within a strike price range of $670.0 to $750.0, over the past month.</p>
<h3>United Rentals 30-Day Option Volume &amp; Interest Snapshot</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1726243672_0.png" alt="Options Call Chart" /></p>
<h3>Largest Options Trades Observed:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th style="text-align: right;"><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>URI</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>09/27/24</td>
<td>$25.3</td>
<td>$18.9</td>
<td>$22.3</td>
<td>$730.00</td>
<td>$66.9K</td>
<td style="text-align: right;">31</td>
<td style="text-align: right;">35</td>
</tr>
<tr>
<td>URI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$27.9</td>
<td>$25.3</td>
<td>$27.19</td>
<td>$750.00</td>
<td>$57.8K</td>
<td style="text-align: right;">29</td>
<td style="text-align: right;">207</td>
</tr>
<tr>
<td>URI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>10/18/24</td>
<td>$26.6</td>
<td>$25.6</td>
<td>$26.03</td>
<td>$750.00</td>
<td>$54.4K</td>
<td style="text-align: right;">29</td>
<td style="text-align: right;">174</td>
</tr>
<tr>
<td>URI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>09/20/24</td>
<td>$19.8</td>
<td>$18.3</td>
<td>$18.59</td>
<td>$730.00</td>
<td>$39.7K</td>
<td style="text-align: right;">331</td>
<td style="text-align: right;">47</td>
</tr>
<tr>
<td>URI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$76.3</td>
<td>$70.9</td>
<td>$70.9</td>
<td>$670.00</td>
<td>$35.4K</td>
<td style="text-align: right;">8</td>
<td style="text-align: right;">5</td>
</tr>
</tbody>
</table>
</p>
<h3>About United Rentals</h3>
<p>United Rentals is the world's largest equipment rental company. It principally operates in the United States and Canada, where it commands approximately 15% share in a highly fragmented market. It serves three end markets: general industrial, commercial construction, and residential construction. Like its peers, United Rentals historically has provided its customers with equipment that was intermittently used, such as aerial equipment and portable generators. As the company has grown organically and through hundreds of acquisitions since it went public in 1997, its catalog (fleet size of $21 billion) now includes a range of specialty equipment and other items that can be rented for indefinite periods.</p>
<p>Following our analysis of the options activities associated with United Rentals, we pivot to a closer look at the company's own performance.</p>
<h3>United Rentals's Current Market Status</h3>
<ul>
<li>Currently trading with a volume of 169,080, the URI's price is down by 0.0%, now at $712.63. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 40 days.</li>
</ul>
<h3>Expert Opinions on United Rentals</h3>
<p>In the last month, 1 experts released ratings on this stock with an average target price of $795.0.</p>
<ul>
<li>An analyst from Evercore ISI Group has decided to maintain their Outperform rating on United Rentals, which currently sits at a price target of $795. </li>
</ul>
<p>Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.</p>
<p>If you want to stay updated on the latest options trades for United Rentals, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.</p>


United Rentals Unusual Options Activity

<p>Whales with a lot of money to spend have taken a noticeably bearish stance on <strong>United Rentals</strong>.</p>
<p>Looking at options history for United Rentals (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/URI#NYSE">URI</a>) we detected 10 trades.</p>
<p>If we consider the specifics of each trade, it is accurate to state that 10% of the investors opened trades with bullish expectations and 50% with bearish.</p>
<p>From the overall spotted trades, 3 are puts, for a total amount of $113,231 and 7, calls, for a total amount of $202,876.</p>
<h3>What's The Price Target?</h3>
<p>Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $450.0 to $740.0 for United Rentals over the recent three months. </p>
<h3>Analyzing Volume &amp; Open Interest</h3>
<p>Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in United Rentals's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to United Rentals's substantial trades, within a strike price spectrum from $450.0 to $740.0 over the preceding 30 days.</p>
<h3>United Rentals Option Volume And Open Interest Over Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1725569276_0.png" alt="Options Call Chart" /></p>
<h3>Significant Options Trades Detected:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th style="text-align: right;"><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>URI</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$39.8</td>
<td>$37.8</td>
<td>$39.8</td>
<td>$720.00</td>
<td>$47.7K</td>
<td style="text-align: right;">254</td>
<td style="text-align: right;">12</td>
</tr>
<tr>
<td>URI</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$64.9</td>
<td>$63.5</td>
<td>$64.9</td>
<td>$700.00</td>
<td>$38.9K</td>
<td style="text-align: right;">65</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>URI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$74.0</td>
<td>$68.5</td>
<td>$70.0</td>
<td>$670.00</td>
<td>$35.0K</td>
<td style="text-align: right;">21</td>
<td style="text-align: right;">5</td>
</tr>
<tr>
<td>URI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>10/18/24</td>
<td>$28.0</td>
<td>$27.1</td>
<td>$28.0</td>
<td>$710.00</td>
<td>$30.8K</td>
<td style="text-align: right;">12</td>
<td style="text-align: right;">11</td>
</tr>
<tr>
<td>URI</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>12/20/24</td>
<td>$62.0</td>
<td>$59.7</td>
<td>$60.73</td>
<td>$690.00</td>
<td>$30.3K</td>
<td style="text-align: right;">83</td>
<td style="text-align: right;">7</td>
</tr>
</tbody>
</table>
</p>
<h3>About United Rentals</h3>
<p>United Rentals is the world's largest equipment rental company. It principally operates in the United States and Canada, where it commands approximately 15% share in a highly fragmented market. It serves three end markets: general industrial, commercial construction, and residential construction. Like its peers, United Rentals historically has provided its customers with equipment that was intermittently used, such as aerial equipment and portable generators. As the company has grown organically and through hundreds of acquisitions since it went public in 1997, its catalog (fleet size of $21 billion) now includes a range of specialty equipment and other items that can be rented for indefinite periods.</p>
<p>After a thorough review of the options trading surrounding United Rentals, we move to examine the company in more detail. This includes an assessment of its current market status and performance.</p>
<h3>Where Is United Rentals Standing Right Now?</h3>
<ul>
<li>Trading volume stands at 315,559, with URI's price down by -0.44%, positioned at $697.52.</li>
<li>RSI indicators show the stock to be is currently neutral between overbought and oversold.</li>
<li>Earnings announcement expected in 48 days.</li>
</ul>
<h3>What Analysts Are Saying About United Rentals</h3>
<p>In the last month, 1 experts released ratings on this stock with an average target price of $795.0.</p>
<ul>
<li>An analyst from Evercore ISI Group has decided to maintain their Outperform rating on United Rentals, which currently sits at a price target of $795. </li>
</ul>
<p>Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.</p>
<p>If you want to stay updated on the latest options trades for United Rentals, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.</p>


United Rentals's Options Frenzy: What You Need to Know

<p>United Rentals (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/URI#NYSE">URI</a>) has outperformed the market over the past 10 years by 8.96% on an annualized basis producing an average annual return of 19.59%. Currently, United Rentals has a market capitalization of $45.57 billion. </p>
<p><strong>Buying $1000 In URI:</strong> If an investor had bought $1000 of URI stock 10 years ago, it would be worth <strong>$5,962.40</strong> today based on a price of $689.01 for URI at the time of writing.</p>
<h3>United Rentals's Performance Over Last 10 Years</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1725550210_0.png" alt="comp_fig" /></p>
<p>Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Trading Ideas

Here's How Much You Would Have Made Owning United Rentals Stock In The Last 10 Years

<p><strong>United Rentals's</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/URI#NYSE">URI</a>) short percent of float has fallen 9.45% since its last report. The company recently reported that it has <strong>2.57 million shares sold short</strong>, which is 4.41% of all regular shares that are available for trading. Based on its trading volume, <strong>it would take traders 3.4 days to cover their short positions on average.</strong></p>
<h3>Why Short Interest Matters</h3>
<p>Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.</p>
<p>Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.</p>
<p><strong>See Also:</strong> <a href="https://www.benzinga.com/short-interest"><strong>List of the most shorted stocks</strong></a></p>
<h3>United Rentals Short Interest Graph (3 Months)</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1725369311_0.png" alt="short_fig" /></p>
<p>As you can see from the chart above the percentage of shares that are sold short for United Rentals has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted.</p>
<h3>Comparing United Rentals's Short Interest Against Its Peers</h3>
<p>Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.</p>
<p>According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, United Rentals's peer group average for short interest as a percentage of float is 4.39%, which means the company has <strong>more</strong> short interest than most of its peers.</p>
<p>Did you know that increasing short interest can actually be <strong>bullish</strong> for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/"><strong>This post by Benzinga Money explains how you can profit from it.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and was reviewed by an editor.</em></p>


Short Sellers

Short Ideas

(URI) - Analyzing United Rentals's Short Interest

<p>Deep-pocketed investors have adopted a bearish approach towards United Rentals (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/URI#NYSE">URI</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in URI usually suggests something big is about to happen.</p>
<p>We gleaned this information from our observations today when Benzinga's options scanner highlighted 11 extraordinary options activities for United Rentals. This level of activity is out of the ordinary.</p>
<p>The general mood among these heavyweight investors is divided, with 18% leaning bullish and 72% bearish. Among these notable options, 2 are puts, totaling $143,681, and 9 are calls, amounting to $910,872.</p>
<h3>Projected Price Targets</h3>
<p>Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $360.0 to $850.0 for United Rentals over the last 3 months. </p>
<h3>Volume &amp; Open Interest Development</h3>
<p>Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.</p>
<p>This data can help you track the liquidity and interest for United Rentals's options for a given strike price.</p>
<p>Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of United Rentals's whale activity within a strike price range from $360.0 to $850.0 in the last 30 days. </p>
<h3>United Rentals Call and Put Volume: 30-Day Overview</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1724696129_0.png" alt="Options Call Chart" /></p>
<h3>Significant Options Trades Detected:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th style="text-align: right;"><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>URI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$32.5</td>
<td>$30.6</td>
<td>$30.1</td>
<td>$740.00</td>
<td>$451.5K</td>
<td style="text-align: right;">195</td>
<td style="text-align: right;">154</td>
</tr>
<tr>
<td>URI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$403.0</td>
<td>$395.8</td>
<td>$397.5</td>
<td>$360.00</td>
<td>$119.2K</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">5</td>
</tr>
<tr>
<td>URI</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$21.6</td>
<td>$20.0</td>
<td>$21.44</td>
<td>$740.00</td>
<td>$100.4K</td>
<td style="text-align: right;">31</td>
<td style="text-align: right;">75</td>
</tr>
<tr>
<td>URI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$48.3</td>
<td>$44.7</td>
<td>$48.3</td>
<td>$850.00</td>
<td>$86.9K</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>URI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$402.0</td>
<td>$397.5</td>
<td>$397.5</td>
<td>$360.00</td>
<td>$79.5K</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">2</td>
</tr>
</tbody>
</table>
</p>
<h3>About United Rentals</h3>
<p>United Rentals is the world's largest equipment rental company. It principally operates in the United States and Canada, where it commands approximately 15% share in a highly fragmented market. It serves three end markets: general industrial, commercial construction, and residential construction. Like its peers, United Rentals historically has provided its customers with equipment that was intermittently used, such as aerial equipment and portable generators. As the company has grown organically and through hundreds of acquisitions since it went public in 1997, its catalog (fleet size of $21 billion) now includes a range of specialty equipment and other items that can be rented for indefinite periods.</p>
<p>After a thorough review of the options trading surrounding United Rentals, we move to examine the company in more detail. This includes an assessment of its current market status and performance.</p>
<h3>United Rentals's Current Market Status</h3>
<ul>
<li>Trading volume stands at 123,382, with URI's price down by -0.46%, positioned at $741.58.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 58 days.</li>
</ul>
<h3>What The Experts Say On United Rentals</h3>
<p>In the last month, 1 experts released ratings on this stock with an average target price of $795.0.</p>
<ul>
<li>Maintaining their stance, an analyst from Evercore ISI Group continues to hold a Outperform rating for United Rentals, targeting a price of $795. </li>
</ul>
<p>Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.</p>
<p>If you want to stay updated on the latest options trades for United Rentals, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.</p>


Check Out What Whales Are Doing With URI

<p>United Rentals (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/URI#NYSE">URI</a>) has outperformed the market over the past 5 years by 33.03% on an annualized basis producing an average annual return of 47.25%. Currently, United Rentals has a market capitalization of $47.93 billion. </p>
<p><strong>Buying $1000 In URI:</strong> If an investor had bought $1000 of URI stock 5 years ago, it would be worth <strong>$6,762.66</strong> today based on a price of $724.75 for URI at the time of writing.</p>
<h3>United Rentals's Performance Over Last 5 Years</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1724347830_0.png" alt="comp_fig" /></p>
<p>Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Here's How Much $1000 Invested In United Rentals 5 Years Ago Would Be Worth Today

<p>United Rentals (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/URI#NYSE">URI</a>) has been analyzed by 7 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish.</p>
<p>The table below provides a snapshot of their recent ratings, showcasing how sentiments have evolved over the past 30 days and comparing them to the preceding months.</p>
<table>
<thead>
<tr>
<th></th>
<th style="text-align: right;"><strong>Bullish</strong></th>
<th style="text-align: right;"><strong>Somewhat Bullish</strong></th>
<th style="text-align: right;"><strong>Indifferent</strong></th>
<th style="text-align: right;"><strong>Somewhat Bearish</strong></th>
<th style="text-align: right;"><strong>Bearish</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td><strong>Total Ratings</strong></td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">3</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>Last 30D</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>1M Ago</strong></td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>2M Ago</strong></td>
<td style="text-align: right;">2</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td><strong>3M Ago</strong></td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">0</td>
</tr>
</tbody>
</table>
<p>Analysts provide deeper insights through their assessments of 12-month price targets, revealing an average target of $804.71, a high estimate of $905.00, and a low estimate of $745.00. Witnessing a positive shift, the current average has risen by 2.35% from the previous average price target of $786.25.</p>
<p><img src="https://www.benzinga.com/files/images/story/2024/1724079648_0.png" alt="price target chart" /></p>
<h2>Diving into Analyst Ratings: An In-Depth Exploration</h2>
<p>The standing of United Rentals among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.</p>
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>David Raso</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>Outperform</td>
<td>$795.00</td>
<td>$774.00</td>
</tr>
<tr>
<td>Jerry Revich</td>
<td>Goldman Sachs</td>
<td>Raises</td>
<td>Buy</td>
<td>$905.00</td>
<td>$790.00</td>
</tr>
<tr>
<td>Jamie Cook</td>
<td>Truist Securities</td>
<td>Raises</td>
<td>Buy</td>
<td>$873.00</td>
<td>$785.00</td>
</tr>
<tr>
<td>Jamie Cook</td>
<td>Truist Securities</td>
<td>Lowers</td>
<td>Buy</td>
<td>$785.00</td>
<td>$796.00</td>
</tr>
<tr>
<td>Tim Thein</td>
<td>Raymond James</td>
<td>Announces</td>
<td>Outperform</td>
<td>$750.00</td>
<td>-</td>
</tr>
<tr>
<td>Kyle Menges</td>
<td>Citigroup</td>
<td>Announces</td>
<td>Buy</td>
<td>$745.00</td>
<td>-</td>
</tr>
<tr>
<td>Tami Zakaria</td>
<td>JP Morgan</td>
<td>Announces</td>
<td>Overweight</td>
<td>$780.00</td>
<td>-</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li><strong>Action Taken:</strong> Responding to changing market dynamics and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their response to recent developments related to United Rentals. This offers insight into analysts' perspectives on the current state of the company.</li>
<li><strong>Rating:</strong> Analyzing trends, analysts offer qualitative evaluations, ranging from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of United Rentals compared to the broader market.</li>
<li><strong>Price Targets:</strong> Analysts predict movements in price targets, offering estimates for United Rentals's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.</li>
</ul>
<p>Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of United Rentals's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.</p>
<p><a href="https://www.benzinga.com/quote/URI/analyst-ratings?utm_source=Benzinga Insights"><strong>Stay up to date on United Rentals analyst ratings.</strong></a></p>
<h2>Discovering United Rentals: A Closer Look</h2>
<p>United Rentals is the world's largest equipment rental company. It principally operates in the United States and Canada, where it commands approximately 15% share in a highly fragmented market. It serves three end markets: general industrial, commercial construction, and residential construction. Like its peers, United Rentals historically has provided its customers with equipment that was intermittently used, such as aerial equipment and portable generators. As the company has grown organically and through hundreds of acquisitions since it went public in 1997, its catalog (fleet size of $21 billion) now includes a range of specialty equipment and other items that can be rented for indefinite periods.</p>
<h3>United Rentals: Delving into Financials</h3>
<p><strong>Market Capitalization Highlights:</strong> Above the industry average, the company's market capitalization signifies a significant scale, indicating strong confidence and market prominence.</p>
<p><strong>Revenue Growth:</strong> United Rentals's remarkable performance in 3 months is evident. As of 30 June, 2024, the company achieved an impressive revenue growth rate of <strong>6.16%</strong>. This signifies a substantial increase in the company's top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Industrials sector.</p>
<p><strong>Net Margin:</strong> The company's net margin is a standout performer, exceeding industry averages. With an impressive net margin of <strong>16.86%,</strong> the company showcases strong profitability and effective cost control.</p>
<p><strong>Return on Equity (ROE):</strong> The company's ROE is a standout performer, exceeding industry averages. With an impressive ROE of <strong>7.76%,</strong> the company showcases effective utilization of equity capital.</p>
<p><strong>Return on Assets (ROA):</strong> The company's ROA is a standout performer, exceeding industry averages. With an impressive ROA of <strong>2.34%,</strong> the company showcases effective utilization of assets.</p>
<p><strong>Debt Management:</strong> United Rentals's debt-to-equity ratio is below the industry average. With a ratio of <b>1.68</b>, the company relies less on debt financing, maintaining a healthier balance between debt and equity, which can be viewed positively by investors.</p>
<h2>What Are Analyst Ratings?</h2>
<p>Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.</p>
<p>Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.</p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


Evaluating United Rentals: Insights From 7 Financial Analysts

<p>Evercore ISI Group  analyst David Raso   maintains United Rentals (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/URI#NYSE">URI</a>) with a Outperform and raises the price target from $774 to $795.</p>


Evercore ISI Group Maintains Outperform on United Rentals, Raises Price Target to $795

<p>United Rentals (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/URI#NYSE">URI</a>) has outperformed the market over the past 20 years by 11.2% on an annualized basis producing an average annual return of 19.59%. Currently, United Rentals has a market capitalization of $47.66 billion. </p>
<p><strong>Buying $1000 In URI:</strong> If an investor had bought $1000 of URI stock 20 years ago, it would be worth <strong>$35,948.37</strong> today based on a price of $720.64 for URI at the time of writing.</p>
<h3>United Rentals's Performance Over Last 20 Years</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1723818811_0.png" alt="comp_fig" /></p>
<p>Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.</p>
<p><em>This article was generated by Benzinga's automated content engine and reviewed by an editor.</em></p>


Here's How Much You Would Have Made Owning United Rentals Stock In The Last 20 Years

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ROCK

RUSHA

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SHLS

STAF

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TOMZ

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Shares of companies within the broader industrial sector are trading lower amid overall market weakness following weak US data.

<p>This whale alert can help traders discover the next big trading opportunities.</p>
<p>Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.</p>
<p>Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. </p>
<p>Below are some instances of options activity happening in the Industrials sector:<br />
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>UBER</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/16/24</td>
<td>$58.00</td>
<td>$25.3K</td>
<td>2.4K</td>
<td>1.5K</td>
</tr>
<tr>
<td>EOSE</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$1.50</td>
<td>$52.3K</td>
<td>15.1K</td>
<td>1.3K</td>
</tr>
<tr>
<td>DE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/16/24</td>
<td>$370.00</td>
<td>$198.0K</td>
<td>2.4K</td>
<td>1.0K</td>
</tr>
<tr>
<td>GE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>10/18/24</td>
<td>$170.00</td>
<td>$66.8K</td>
<td>619</td>
<td>607</td>
</tr>
<tr>
<td>WSO</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$450.00</td>
<td>$171.6K</td>
<td>541</td>
<td>541</td>
</tr>
<tr>
<td>ODFL</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>08/16/24</td>
<td>$185.00</td>
<td>$70.0K</td>
<td>514</td>
<td>427</td>
</tr>
<tr>
<td>UAL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/20/24</td>
<td>$38.00</td>
<td>$45.8K</td>
<td>492</td>
<td>361</td>
</tr>
<tr>
<td>URI</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$710.00</td>
<td>$351.4K</td>
<td>842</td>
<td>195</td>
</tr>
<tr>
<td>FTAI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>09/20/24</td>
<td>$115.00</td>
<td>$29.5K</td>
<td>200</td>
<td>116</td>
</tr>
<tr>
<td>CAR</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>08/30/24</td>
<td>$80.00</td>
<td>$34.5K</td>
<td>5</td>
<td>82</td>
</tr>
</tbody>
</table>
</p>
<h2>Explanation</h2>
<p>These bullet-by-bullet explanations have been constructed using the accompanying table.  </p>
<p>•  For <strong>UBER</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UBER#NYSE">UBER</a>), we notice a <strong>put</strong> option <strong>sweep</strong> that happens to be <strong>bullish</strong>, expiring in 14 day(s) on <strong>August 16, 2024</strong>. This event was a transfer of <strong>105</strong> contract(s) at a <strong>$58.00</strong> strike. This particular put needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was <strong>$25.3K</strong>, with a price of <strong>$241.0</strong> per contract. There were <strong>2457</strong> open contracts at this strike prior to today, and today <strong>1593</strong> contract(s) were bought and sold. </p>
<p>•  For <strong>EOSE</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EOSE#NASDAQ">EOSE</a>), we notice a <strong>call</strong> option <strong>trade</strong> that happens to be <strong>bearish</strong>, expiring in 532 day(s) on <strong>January 16, 2026</strong>. This event was a transfer of <strong>499</strong> contract(s) at a <strong>$1.50</strong> strike. The total cost received by the writing party (or parties) was <strong>$52.3K</strong>, with a price of <strong>$105.0</strong> per contract. There were <strong>15174</strong> open contracts at this strike prior to today, and today <strong>1364</strong> contract(s) were bought and sold. </p>
<p>•  For <strong>DE</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DE#NYSE">DE</a>), we notice a <strong>put</strong> option <strong>sweep</strong> that happens to be <strong>bearish</strong>, expiring in 14 day(s) on <strong>August 16, 2024</strong>. This event was a transfer of <strong>89</strong> contract(s) at a <strong>$370.00</strong> strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was <strong>$198.0K</strong>, with a price of <strong>$2225.0</strong> per contract. There were <strong>2431</strong> open contracts at this strike prior to today, and today <strong>1013</strong> contract(s) were bought and sold. </p>
<p>•  For <strong>GE</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GE#NYSE">GE</a>), we notice a <strong>put</strong> option <strong>sweep</strong> that happens to be <strong>bearish</strong>, expiring in 77 day(s) on <strong>October 18, 2024</strong>. This event was a transfer of <strong>44</strong> contract(s) at a <strong>$170.00</strong> strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was <strong>$66.8K</strong>, with a price of <strong>$1519.0</strong> per contract. There were <strong>619</strong> open contracts at this strike prior to today, and today <strong>607</strong> contract(s) were bought and sold. </p>
<p>•  For <strong>WSO</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WSO#NYSE">WSO</a>), we notice a <strong>put</strong> option <strong>trade</strong> that happens to be <strong>bearish</strong>, expiring in 168 day(s) on <strong>January 17, 2025</strong>. This event was a transfer of <strong>52</strong> contract(s) at a <strong>$450.00</strong> strike. The total cost received by the writing party (or parties) was <strong>$171.6K</strong>, with a price of <strong>$3300.0</strong> per contract. There were <strong>541</strong> open contracts at this strike prior to today, and today <strong>541</strong> contract(s) were bought and sold. </p>
<p>•  For <strong>ODFL</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ODFL#NASDAQ">ODFL</a>), we notice a <strong>put</strong> option <strong>trade</strong> that happens to be <strong>bullish</strong>, expiring in 14 day(s) on <strong>August 16, 2024</strong>. This event was a transfer of <strong>350</strong> contract(s) at a <strong>$185.00</strong> strike. The total cost received by the writing party (or parties) was <strong>$70.0K</strong>, with a price of <strong>$200.0</strong> per contract. There were <strong>514</strong> open contracts at this strike prior to today, and today <strong>427</strong> contract(s) were bought and sold. </p>
<p>•  For <strong>UAL</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>), we notice a <strong>put</strong> option <strong>sweep</strong> that happens to be <strong>bullish</strong>, expiring in 140 day(s) on <strong>December 20, 2024</strong>. This event was a transfer of <strong>163</strong> contract(s) at a <strong>$38.00</strong> strike. This particular put needed to be split into 7 different trades to become filled. The total cost received by the writing party (or parties) was <strong>$45.8K</strong>, with a price of <strong>$281.0</strong> per contract. There were <strong>492</strong> open contracts at this strike prior to today, and today <strong>361</strong> contract(s) were bought and sold. </p>
<p>•  Regarding <strong>URI</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/URI#NYSE">URI</a>), we observe a <strong>put</strong> option <strong>trade</strong> with <strong>bearish</strong> sentiment. It expires in 49 day(s) on <strong>September 20, 2024</strong>. Parties traded <strong>56</strong> contract(s) at a <strong>$710.00</strong> strike. The total cost received by the writing party (or parties) was <strong>$351.4K</strong>, with a price of <strong>$6276.0</strong> per contract. There were <strong>842</strong> open contracts at this strike prior to today, and today <strong>195</strong> contract(s) were bought and sold. </p>
<p>•  Regarding <strong>FTAI</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FTAI#NASDAQ">FTAI</a>), we observe a <strong>call</strong> option <strong>sweep</strong> with <strong>neutral</strong> sentiment. It expires in 49 day(s) on <strong>September 20, 2024</strong>. Parties traded <strong>82</strong> contract(s) at a <strong>$115.00</strong> strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was <strong>$29.5K</strong>, with a price of <strong>$360.0</strong> per contract. There were <strong>200</strong> open contracts at this strike prior to today, and today <strong>116</strong> contract(s) were bought and sold. </p>
<p>•  For <strong>CAR</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CAR#NASDAQ">CAR</a>), we notice a <strong>put</strong> option <strong>trade</strong> that happens to be <strong>bullish</strong>, expiring in 28 day(s) on <strong>August 30, 2024</strong>. This event was a transfer of <strong>60</strong> contract(s) at a <strong>$80.00</strong> strike. The total cost received by the writing party (or parties) was <strong>$34.5K</strong>, with a price of <strong>$575.0</strong> per contract. There were <strong>5</strong> open contracts at this strike prior to today, and today <strong>82</strong> contract(s) were bought and sold. </p>
<p><strong>Options Alert Terminology</strong><br />
 - <strong>Call Contracts:</strong> The right to buy shares as indicated in the contract.<br />
 - <strong>Put Contracts:</strong> The right to sell shares as indicated in the contract.<br />
 - <strong>Expiration Date:</strong> When the contract expires. One must act on the contract by this date if one wants to use it.<br />
 - <strong>Premium/Option Price:</strong> The price of the contract.  </p>
<p>For more information, visit our <em><a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a></em> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>.  </p>
<p>This article was generated by Benzinga's automated content engine and reviewed by an editor.</p>


EOSE

ODFL

UBER

10 Industrials Stocks With Whale Alerts In Today's Session

<p>Whales with a lot of money to spend have taken a noticeably bullish stance on <strong>United Rentals</strong>.</p>
<p>Looking at options history for United Rentals (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/URI#NYSE">URI</a>) we detected 8 trades.</p>
<p>If we consider the specifics of each trade, it is accurate to state that 37% of the investors opened trades with bullish expectations and 37% with bearish.</p>
<p>From the overall spotted trades, 3 are puts, for a total amount of $111,210 and 5, calls, for a total amount of $253,368.</p>
<h3>What's The Price Target?</h3>
<p>Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $420.0 to $760.0 for United Rentals over the last 3 months. </p>
<h3>Insights into Volume &amp; Open Interest</h3>
<p>In today's trading context, the average open interest for options of United Rentals stands at 105.88, with a total volume reaching 63.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in United Rentals, situated within the strike price corridor from $420.0 to $760.0, throughout the last 30 days.</p>
<h3>United Rentals Option Volume And Open Interest Over Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1722523626_0.png" alt="Options Call Chart" /></p>
<h3>Biggest Options Spotted:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th style="text-align: right;"><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>URI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$210.1</td>
<td>$201.0</td>
<td>$208.72</td>
<td>$560.00</td>
<td>$125.1K</td>
<td style="text-align: right;">401</td>
<td style="text-align: right;">6</td>
</tr>
<tr>
<td>URI</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$46.4</td>
<td>$44.2</td>
<td>$46.4</td>
<td>$590.00</td>
<td>$46.4K</td>
<td style="text-align: right;">4</td>
<td style="text-align: right;">10</td>
</tr>
<tr>
<td>URI</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/16/24</td>
<td>$13.7</td>
<td>$13.2</td>
<td>$13.25</td>
<td>$710.00</td>
<td>$39.6K</td>
<td style="text-align: right;">82</td>
<td style="text-align: right;">46</td>
</tr>
<tr>
<td>URI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/02/24</td>
<td>$21.9</td>
<td>$16.5</td>
<td>$21.9</td>
<td>$735.00</td>
<td>$37.2K</td>
<td style="text-align: right;">31</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>URI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$336.0</td>
<td>$331.0</td>
<td>$331.0</td>
<td>$420.00</td>
<td>$33.1K</td>
<td style="text-align: right;">0</td>
<td style="text-align: right;">1</td>
</tr>
</tbody>
</table>
</p>
<h3>About United Rentals</h3>
<p>United Rentals is the world's largest equipment rental company. It principally operates in the United States and Canada, where it commands approximately 15% share in a highly fragmented market. It serves three end markets: general industrial, commercial construction, and residential construction. Like its peers, United Rentals historically has provided its customers with equipment that was intermittently used, such as aerial equipment and portable generators. As the company has grown organically and through hundreds of acquisitions since it went public in 1997, its catalog (fleet size of $21 billion) now includes a range of specialty equipment and other items that can be rented for indefinite periods.</p>
<p>After a thorough review of the options trading surrounding United Rentals, we move to examine the company in more detail. This includes an assessment of its current market status and performance.</p>
<h3>Where Is United Rentals Standing Right Now?</h3>
<ul>
<li>Trading volume stands at 83,050, with URI's price down by -2.99%, positioned at $734.48.</li>
<li>RSI indicators show the stock to be may be approaching overbought.</li>
<li>Earnings announcement expected in 83 days.</li>
</ul>
<h3>What Analysts Are Saying About United Rentals</h3>
<p>In the last month, 2 experts released ratings on this stock with an average target price of $889.0.</p>
<ul>
<li>An analyst from Goldman Sachs persists with their Buy rating on United Rentals, maintaining a target price of $905. </li>
<li>An analyst from Truist Securities persists with their Buy rating on United Rentals, maintaining a target price of $873. </li>
</ul>
<p>Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest United Rentals options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>


Behind the Scenes of United Rentals's Latest Options Trends

<p><strong>United Rentals's</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/URI#NYSE">URI</a>) short percent of float has risen 4.06% since its last report. The company recently reported that it has <strong>2.86 million shares sold short</strong>, which is 4.87% of all regular shares that are available for trading. Based on its trading volume, <strong>it would take traders 5.47 days to cover their short positions on average.</strong></p>
<h3>Why Short Interest Matters</h3>
<p>Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.</p>
<p>Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.</p>
<p><strong>See Also:</strong> <a href="https://www.benzinga.com/short-interest"><strong>List of the most shorted stocks</strong></a></p>
<h3>United Rentals Short Interest Graph (3 Months)</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1722431711_0.png" alt="short_fig" /></p>
<p>As you can see from the chart above the percentage of shares that are sold short for United Rentals has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.</p>
<h3>Comparing United Rentals's Short Interest Against Its Peers</h3>
<p>Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.</p>
<p>According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, United Rentals's peer group average for short interest as a percentage of float is 4.38%, which means the company has <strong>more</strong> short interest than most of its peers.</p>
<p>Did you know that increasing short interest can actually be <strong>bullish</strong> for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/"><strong>This post by Benzinga Money explains how you can profit from it.</strong></a></p>
<p><em>This article was generated by Benzinga's automated content engine and was reviewed by an editor.</em></p>


Peering Into United Rentals's Recent Short Interest

<p><strong>UFP Industries, Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/ufpi#NASDAQ">UFPI</a>) reported impressive results for the second quarter of 2024. Both earnings and net sales surpassed the Zacks Consensus Estimate. The top and bottom lines, however, declined on a year-over-year basis due to lower contributions from Retail and Packaging businesses.</p>
<p>The company remains focused on its long-term expansion plans and improvement strategies amid a weaker environment and near-term softness in demand. These efforts are investments in automation and consolidating operations to eliminate redundancies, as well as reduce costs and enhance the profitability of its facilities.</p>
<h3>Earnings &amp; Revenue Discussion</h3>
<p>UFP Industries reported earnings per share of $2.05, which topped the consensus mark of $2.00 by 2.5% but declined 13.1% from the year-ago quarter&#39;s level of $2.36.</p>
<div class="chart_embed">
<h3>UFP Industries, Inc. Price, Consensus and EPS Surprise</h3>
<p><img alt="UFP Industries, Inc. Price, Consensus and EPS Surprise" src="https://staticx-tuner.zacks.com/images/charts/15/1722352274.png" style="height:265px; width:589px" title="" /></p>
<p>UFP Industries, Inc. price-consensus-eps-surprise-chart | UFP Industries, Inc. Quote</p>
</div>
<p>Net sales of $1.9 billion beat the consensus mark of $1.87 billion by 1.7% but declined 7% year over year. The downside was mainly due to a 6% fall in selling prices and a 1% decline in organic unit sales. New product sales of $134 million contributed 7% to total net sales versus 7.4% in the prior-year quarter.</p>
<h3>Segment Discussion</h3>
<p><strong>UFP Retail Solutions</strong>: The segment reported net sales of $809.1 million for the quarter (below our projection of $848.7 million), which declined 14% year over year due to a 7% decline in selling prices and 5% lower organic unit sales. Also, a 2% reduction due to the transfer of certain sales to other segments added to the decline.</p>
<p>Adjusted EBITDA margin rose 130 basis points (bps) from the prior year to 8.7%.</p>
<p><strong>UFP Packaging</strong>: The segment&#39;s net sales totaled $435.2 million, down 11% from the year-ago period&#39;s levels (above our expectation of $418.5 million). In the reported quarter, selling prices declined 8% and organic unit sales were down 6% year over year. This was partially balanced by a 3% increase resulting from the transfer of certain sales from the retail segment.</p>
<p>Adjusted EBITDA margin fell 420 bps from the prior year to 9.9%.</p>
<p><strong>UFP Construction</strong>: Net sales in the segment were $574.5 million, which increased 4% from the year-ago period (above our expectation of $540.8 million). This segment registered a 4% decrease in selling prices, offset by a 7% increase in organic unit sales and a 1% increase due to the transfer of certain sales from the retail segment.</p>
<p>Adjusted EBITDA margin contracted 230 bps from the prior year to 10.2%.</p>
<h3>Operating Highlights</h3>
<p>Selling, general and administrative expenses &mdash; accounting for 10.7% of net sales &mdash; increased 70 bps year over year.</p>
<p>Adjusted EBITDA of $203.9 million declined 13% year over year. Adjusted EBITDA margin also contracted 80 bps from the prior year to 10.7%.</p>
<h3>Balance Sheet &amp; Cash Flow</h3>
<p>As of Jun 29, 2024, the company had nearly $2.3 billion in liquidity. Cash and cash equivalents were $1.04 billion at the second-quarter end compared with $1.1 billion at the end of 2023. Long-term debt and finance lease obligations were $233 million versus $274.8 million at 2023-end.</p>
<p>Net cash from operating activities was $239.1 million at the second-quarter end compared with $321.1 million in the year-ago period.</p>
<p>From Jul 26, 2023, through the second quarter of 2024-end, UFPI purchased approximately 1,477,000 shares at an average price of $110.96 under the previous share repurchase plan. On Jul 24, 2024, the board of directors authorized the company to repurchase up to $200 million of shares through Jul 31, 2025.</p>
<h3>Outlook</h3>
<p>UFP Industries expects lumber prices to remain lower in 2024, driven by existing supply and demand dynamics.</p>
<p>The company has revised its guidance for 2024. UFPI now anticipates Retail demand to decrease by mid-single digits and Packaging demand to fall by mid- to high-single digits. The same for Construction is expected to increase by low- to mid-single digits, reflecting continued strength in the Factory Built business.</p>
<p>Overall, the company expects soft demand and a competitive price environment to remain a headwind for the remainder of the year, resulting in more challenging year-over-year unit sales and profitability. UFPI believes market share gains will somewhat offset lower demand in each segment.</p>
<h3>Zacks Rank &amp; Recent Construction Releases</h3>
<p>Currently, UFP Industries carries a Zacks Rank #4 (Sell).</p>
<p><strong>RPM International Inc. </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/rpm#NYSE">RPM</a>) reported fiscal fourth-quarter 2024 (ended May 31, 2024) results on an impressive note. This specialty chemicals manufacturer reported strong earnings in the fourth quarter of fiscal 2024 on the back of solid adjusted EBIT for the 10th consecutive quarter.</p>
<p>Although net sales slightly missed the Zacks Consensus Estimate and slipped from the previous year, it generated positive organic sales growth.</p>
<p><strong>Masco Corporation</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/mas#NYSE">MAS</a>) reported strong earnings for the second quarter of 2024 amid challenging market conditions. Strong operational efficiency helped it deliver solid results.</p>
<p>However, net sales missed the analysts&#39; expectations and declined on a year-over-year basis. Masco&#39;s focus on a balanced capital deployment strategy helped it return $206 million to shareholders via dividends and share repurchases. Masco narrowed its adjusted EPS guidance while the mid-point remains unaffected.</p>
<p><strong>United Rentals, Inc.</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/uri#NYSE">URI</a>) reported mixed second-quarter 2024 results. The company&#39;s EPS surpassed the Zacks Consensus Estimate, but revenues missed the same. Nonetheless, both metrics registered improvement on a year-over-year basis.</p>
<p>The company showcased robust second-quarter results for 2024, achieving record highs in revenues, adjusted EBITDA, and EPS. The company&#39;s performance aligns with its expectations for the year, driven by the successful integration of Yak. This acquisition enhances URI&#39;s strategy to expand its specialty rental business, enhance its one-stop-shop offerings, and leverage opportunities for both secular growth and cross-selling. The company&#39;s unwavering commitment to safety, operational excellence, and innovation underpins its unique value proposition, positioning it for long-term shareholder value.</p>
<p><a href="https://www.zacks.com/stock/news/2312270/ufp-industries-ufpi-q2-earnings-net-sales-beat-down-y-y?cid=CS-BENZ-FT-analyst_blog|earnings_article-2312270">To read this article on Zacks.com click here.</a></p>


Earnings

Earnings Beats

Guidance

UFPI

UFP Industries Q2 Earnings & Net Sales Beat, Down Y/Y

<p><strong>Watsco, Inc.</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/wso#NYSE">WSO</a>) reported mixed second-quarter 2024 results, with earnings missing the Zacks Consensus Estimate but revenues beating the same. On a year-over-year basis, both the top and bottom lines grew, given better residential end-markets and improved SG&amp;A performance.</p>
<p>Following the announcement, shares of Watsco lost 1.1% on Jul 30.</p>
<p>Watsco is steadily advancing toward its goal of expanding customer-focused technologies to a growing number of contractors. Its e-commerce sales have surged at nearly twice the pace of its overall sales, highlighting success in scaling industry-leading tools and platforms. Additionally, mobile platforms are engaging a record number of contractors and technicians, which is expected to enhance operating efficiencies over time.</p>
<p>In the first half of 2024, OnCallAir presented quotes to around 160,000 households, marking an 18% increase compared to the same period last year. Additionally, it generated $743 million in gross merchandise value, a 27% increase year over year.</p>
<div class="chart_embed">
<h3>Watsco, Inc. Price, Consensus and EPS Surprise</h3>
<p><img alt="Watsco, Inc. Price, Consensus and EPS Surprise" src="https://staticx-tuner.zacks.com/images/charts/9f/1722354838.png" style="height:265px; width:591px" title="" /></p>
<p>Watsco, Inc. price-consensus-eps-surprise-chart | Watsco, Inc. Quote</p>
</div>
<h3>Inside the Numbers</h3>
<p>Watsco reported quarterly earnings per share of $4.49, which lagged the Zacks Consensus Estimate of $4.70 by 4.5%. In the year-ago quarter, the company reported adjusted EPS of $4.42.</p>
<p>Revenues of $2.14 billion topped the consensus mark of $2.13 billion by 0.3% and grew 6.8% year over year.</p>
<p>Sales of HVAC equipment (heating, ventilating and air conditioning, comprising 71% of sales) were up 8% year over year. Sales of other HVAC products (25% of sales) dropped 1% from the year-ago quarter. On the other hand, sales from commercial refrigeration products (4% of sales) increased 1% year over year.</p>
<p>Second-quarter sales indicate a stronger residential market, with 6% growth in ducted residential units and a 3% rise in the average selling price. Additionally, sales of commercial products increased 8% during the quarter, building on 18% growth recorded in the year-ago quarter.</p>
<p>E-commerce sales continue to surpass overall sales growth, increasing 13% during the quarter and accounting for 36% of total sales, including revenues from recently acquired businesses. In some regions, e-commerce sales make up more than 60% of total sales.</p>
<h3>Operating Highlights</h3>
<p>The gross margin contracted 100 basis points (bps) in the second quarter to 27.1%. Our model predicted the gross margin to contract 30 bps year over year. SG&amp;A expenses, as a percentage of sales, decreased 20 bps year over year to 15% in the quarter, much better than our expectation of an increase of 10 bps year over year.</p>
<p>The operating margin declined 70 bps year over year in the second quarter to 12.6%. Our estimate for the metric was 13%.</p>
<h3>Financial Operations</h3>
<p>As of Jun 30, 2024, Watsco&#39;s cash and cash equivalents, along with short-term cash investments, totaled $424.9 million, up from $210.1 million at the end of 2023. The company has no borrowings under its unsecured $600 million credit facility, providing substantial access to capital for new growth opportunities.</p>
<p>In the first six months of 2024, net cash provided by operating activities was $161.4 million compared with a net cash outflow of $89.2 million in the same period last year.</p>
<p>Watsco has paid dividends for 50 consecutive years and increased its annual dividend rate by 10% to $10.80 per share, effective April 2024.</p>
<h3>Zacks Rank &amp; Some Recent Construction Releases</h3>
<p>Watsco currently carries a Zacks Rank #3 (Hold).</p>
<p><strong>United Rentals, Inc.</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/uri#NYSE">URI</a>) reported mixed second-quarter 2024 results. The company&#39;s EPS surpassed the Zacks Consensus Estimate, but revenues missed the same. Nonetheless, both metrics registered improvement on a year-over-year basis.</p>
<p>United Rentals achieved record highs in revenues, adjusted EBITDA, and EPS. The company&#39;s performance aligns with its expectations for the year, driven by the successful integration of Yak. This acquisition enhances URI&#39;s strategy to expand its specialty rental business, enhance its one-stop-shop offerings, and leverage opportunities for both secular growth and cross-selling.</p>
<p><strong>KBR, Inc. </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/kbr#NYSE">KBR</a>) reported mixed second-quarter 2024 results, with earnings surpassing the Zacks Consensus Estimate and revenues missing the same. The top and bottom lines increased on a year-over-year basis.</p>
<p>KBR performed well across key metrics and expects this trend to continue for the rest of the year. Driven by robust performance in its core business, KBR raised its adjusted EBITDA and cash flow guidance for 2024.</p>
<p><strong>Otis Worldwide Corporation</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/otis#NYSE">OTIS</a>) reported mixed results in the second quarter of 2024. Its adjusted earnings topped the Zacks Consensus Estimate and grew year over year. The company reported better-than-expected earnings in the trailing seven quarters. However, quarterly net sales missed the consensus mark and declined on a year-over-year basis.</p>
<p>Otis expects net sales between $14.3 billion and $14.5 billion compared with the prior mentioned $14.5-$14.8 billion. Organic sales growth is projected to be 1-3%, down from the prior stated 3-5%. Organic New Equipment sales are expected to be down in the mid-single digits, and organic Service sales are expected to be 6-7%.</p>
<p><a href="https://www.zacks.com/stock/news/2312275/watsco-wso-q2-earnings-lag-revenues-beat-margins-down-y-y?cid=CS-BENZ-FT-analyst_blog|earnings_article-2312275">To read this article on Zacks.com click here.</a></p>


Earnings Misses

Dividends

OTIS

Watsco Q2 Earnings Lag, Revenues Beat, Margins Down Y/Y

<p>Deep-pocketed investors have adopted a bullish approach towards United Rentals (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/URI#NYSE">URI</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in URI usually suggests something big is about to happen.</p>
<p>We gleaned this information from our observations today when Benzinga's options scanner highlighted 18 extraordinary options activities for United Rentals. This level of activity is out of the ordinary.</p>
<p>The general mood among these heavyweight investors is divided, with 55% leaning bullish and 27% bearish. Among these notable options, 3 are puts, totaling $115,000, and 15 are calls, amounting to $746,991.</p>
<h3>Expected Price Movements</h3>
<p>Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $210.0 to $900.0 for United Rentals over the recent three months. </p>
<h3>Volume &amp; Open Interest Trends</h3>
<p>Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.</p>
<p>This data can help you track the liquidity and interest for United Rentals's options for a given strike price.</p>
<p>Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of United Rentals's whale activity within a strike price range from $210.0 to $900.0 in the last 30 days. </p>
<h3>United Rentals Call and Put Volume: 30-Day Overview</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1722022269_0.png" alt="Options Call Chart" /></p>
<h3>Noteworthy Options Activity:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th style="text-align: right;"><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>URI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/26/24</td>
<td>$77.1</td>
<td>$72.2</td>
<td>$76.21</td>
<td>$680.00</td>
<td>$152.4K</td>
<td style="text-align: right;">37</td>
<td style="text-align: right;">20</td>
</tr>
<tr>
<td>URI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>12/20/24</td>
<td>$79.7</td>
<td>$77.7</td>
<td>$78.22</td>
<td>$790.00</td>
<td>$109.5K</td>
<td style="text-align: right;">6</td>
<td style="text-align: right;">12</td>
</tr>
<tr>
<td>URI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$140.3</td>
<td>$132.7</td>
<td>$137.5</td>
<td>$630.00</td>
<td>$68.7K</td>
<td style="text-align: right;">61</td>
<td style="text-align: right;">0</td>
</tr>
<tr>
<td>URI</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>08/16/24</td>
<td>$28.1</td>
<td>$26.8</td>
<td>$28.1</td>
<td>$790.00</td>
<td>$56.2K</td>
<td style="text-align: right;">18</td>
<td style="text-align: right;">20</td>
</tr>
<tr>
<td>URI</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$2.45</td>
<td>$2.4</td>
<td>$2.4</td>
<td>$210.00</td>
<td>$42.0K</td>
<td style="text-align: right;">12</td>
<td style="text-align: right;">200</td>
</tr>
</tbody>
</table>
</p>
<h3>About United Rentals</h3>
<p>United Rentals is the world's largest equipment rental company. It principally operates in the United States and Canada, where it commands approximately 15% share in a highly fragmented market. It serves three end markets: general industrial, commercial construction, and residential construction. Like its peers, United Rentals historically has provided its customers with equipment that was intermittently used, such as aerial equipment and portable generators. As the company has grown organically and through hundreds of acquisitions since it went public in 1997, its catalog (fleet size of $21 billion) now includes a range of specialty equipment and other items that can be rented for indefinite periods.</p>
<p>Following our analysis of the options activities associated with United Rentals, we pivot to a closer look at the company's own performance.</p>
<h3>Current Position of United Rentals</h3>
<ul>
<li>With a volume of 553,711, the price of URI is up 0.36% at $756.96. </li>
<li>RSI indicators hint that the underlying stock may be approaching overbought.</li>
<li>Next earnings are expected to be released in 89 days.</li>
</ul>
<h3>What Analysts Are Saying About United Rentals</h3>
<p>In the last month, 4 experts released ratings on this stock with an average target price of $828.25.</p>
<ul>
<li>Consistent in their evaluation, an analyst from Truist Securities keeps a Buy rating on United Rentals with a target price of $785. </li>
<li>An analyst from Goldman Sachs has decided to maintain their Buy rating on United Rentals, which currently sits at a price target of $905. </li>
<li>In a cautious move, an analyst from Raymond James downgraded its rating to Outperform, setting a price target of $750. </li>
<li>Maintaining their stance, an analyst from Truist Securities continues to hold a Buy rating for United Rentals, targeting a price of $873. </li>
</ul>
<p>Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.</p>
<p>If you want to stay updated on the latest options trades for United Rentals, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.</p>


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AGCO

CAMT

FLEX

HEES

NVMI

PINC

RSHO

STAG

STLD

TITN

VOLVF

Press Releases

United Rentals Declares Quarterly Cash Dividend

Caesars Entertainment, Inc. Appoints Kim Harris Jones to Board of Directors

United Rentals Selected for Newsweek's Most Trustworthy Companies in America 2024 List

United Rentals Reports Strong Digital Adoption

United Rentals, Inc. Second Quarter 2024 Conference Call and Audio Webcast Thursday, July 25, 2024 at 8:30 a.m. (ET)

United Academy® Celebrates Tenth Anniversary of Creating Safer Worksites Through Training Solutions

United Rentals Announces Record Second Quarter Results and Reaffirms Mid-Points of 2024 Guidance

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