New Lifetime High Reached By Amerco (UHAL)

Trade-Ideas LLC identified Amerco (UHAL) as a new lifetime high candidate
By TheStreet Wire ,

Trade-Ideas LLC identified

Amerco

(

UHAL

) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Amerco as such a stock due to the following factors:

  • UHAL has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $26.0 million.
  • UHAL has traded 29,034 shares today.
  • UHAL is trading at a new lifetime high.

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More details on UHAL:

AMERCO operates as a do-it-yourself moving and storage operator for household and commercial goods in the United States and Canada. UHAL has a PE ratio of 21. Currently there are 2 analysts that rate Amerco a buy, no analysts rate it a sell, and none rate it a hold.

The average volume for Amerco has been 50,900 shares per day over the past 30 days. Amerco has a market cap of $8.2 billion and is part of the services sector and diversified services industry. The stock has a beta of 1.00 and a short float of 2.4% with 2.95 days to cover. Shares are up 47.4% year-to-date as of the close of trading on Monday.

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TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates Amerco as a

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, impressive record of earnings per share growth, compelling growth in net income, good cash flow from operations and expanding profit margins. We feel its strengths outweigh the fact that the company has had somewhat disappointing return on equity.

Highlights from the ratings report include:

  • The revenue growth came in higher than the industry average of 9.4%. Since the same quarter one year prior, revenues slightly increased by 6.2%. Growth in the company's revenue appears to have helped boost the earnings per share.
  • AMERCO has improved earnings per share by 17.3% in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, AMERCO increased its bottom line by earning $18.21 versus $17.51 in the prior year. This year, the market expects an improvement in earnings ($24.75 versus $18.21).
  • The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Road & Rail industry. The net income increased by 17.4% when compared to the same quarter one year prior, going from $156.25 million to $183.38 million.
  • Net operating cash flow has significantly increased by 91.70% to $354.93 million when compared to the same quarter last year. In addition, AMERCO has also vastly surpassed the industry average cash flow growth rate of -5.55%.
  • 39.38% is the gross profit margin for AMERCO which we consider to be strong. It has increased from the same quarter the previous year. Regardless of the strong results of the gross profit margin, the net profit margin of 19.04% trails the industry average.

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