United Rentals Reaches New 52-Week High (URI)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- United Rentals (NYSE: URI) hit a new 52-week high Friday as it is currently trading at $49.85, above its previous 52-week high of $49.73 with 165,355 shares traded as of 10:26 a.m. ET. Average volume has been 2.1 million shares over the past 30 days.

United Rentals has a market cap of $4.47 billion and is part of the services sector and diversified services industry. Shares are up 6.2% year to date as of the close of trading on Thursday.

United Rentals, Inc., through its subsidiaries, operates as an equipment rental company. It offers approximately 3,000 classes of equipment for rent to customers comprising construction and industrial companies, manufacturers, utilities, municipalities, homeowners, and government entities. The company has a P/E ratio of 64.4, above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates United Rentals as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in net income and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk, disappointing return on equity and weak operating cash flow. You can view the full United Rentals Ratings Report.

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