Michael Durand, Executive Vice President and Chief Operating Officer of United Rentals Inc (URI, Financial), sold 559 shares of the company on May 3, 2024. The transaction was filed on the same day with the SEC.
United Rentals Inc provides equipment rental services across the United States and Canada. The company offers a broad range of equipment for rent, including construction and industrial equipment, tools, and vehicles.
On the day of the sale, shares of United Rentals Inc were priced at $674.56, valuing the company at a market cap of approximately $44.39 billion. This pricing places the company's price-earnings ratio at 18.07, which is above both the industry median of 17.77 and the historical median for the company.
According to the GF Value, the intrinsic value of United Rentals Inc is estimated at $532.11 per share, making the stock modestly overvalued with a price-to-GF-Value ratio of 1.27.
Over the past year, the insider has sold a total of 559 shares and has not purchased any shares. The company has seen a total of 7 insider sells and no insider buys during the same period.
The GF Value is calculated based on historical multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, adjusted for the company's past performance and estimated future business outcomes.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
