United Rentals, Inc. URI was a big mover last session, as the company saw its shares rise more than 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 6% in the past one-month time frame.
The upmove came after the company's first-quarter 2019 results surpassed analyst expectations.
The company has seen two positive estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for United Rentals. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
United Rentals currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
United Rentals, Inc. Price
United Rentals, Inc. Price | United Rentals, Inc. Quote
Investors interested in the Building Products - Miscellaneous industry may consider Arcosa, Inc. ACA, which has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Is HOLI going up? Or down? Predict to see what others think: Up or Down
Is Your Investment Advisor Fumbling Your Financial Future?
See how you can more effectively safeguard your retirement with a new Special Report, “4 Warning Signs Your Investment Advisor Might Be Sabotaging Your Financial Future.”
Click to get it free >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
United Rentals, Inc. (URI) : Free Stock Analysis Report
Arcosa, Inc. (ACA) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research