NEW YORK, November 3, 2017 /PRNewswire/ --
If you want a Stock Review on CAR, RCII, HTZ, or URI then come over to
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Rental and Leasing Services sector includes establishments that provide a wide array of
tangible goods, such as automobiles, computers, consumer goods, and industrial machinery
and equipment, to customers in return for a periodic rental or lease payment. This morning,
DailyStockTracker.com monitors the performance of four equities in this space: Avis
Budget Group Inc. (NASDAQ: CAR), Rent-A-Center Inc. (NASDAQ: RCII), Hertz Global Holdings
Inc. (NYSE: HTZ), and United Rentals Inc. (NYSE: URI). Learn more about these stocks by
downloading their comprehensive and free reports from DailyStockTracker.com member's area
Avis Budget Group
On Thursday, shares in Parsippany, New Jersey headquartered Avis Budget Group Inc. saw
a slight drop of 0.46%, ending the day at $40.96. The stock recorded a trading volume of
1.52 million shares. The Company's shares have advanced 4.52% in the last one month,
27.17% over the previous three months, and 11.67% since the start of this year. The stock
is trading above its 50-day and 200-day moving averages by 7.08% and 27.49%, respectively.
Moreover, shares of Avis Budget have a Relative Strength Index (RSI) of 61.00.
On October 30th, 2017, Avis Budget announced that Unlimited Rewards(R), the Company's
loyalty program for travel professionals, has once again been selected as a Gold Magellan
Award Winner by Travel Weekly. The Magellan Awards honor the best in the Travel industry
and salute the outstanding travel professionals behind it all. This marks the fifth
consecutive year that the program has earned gold. CAR complete research report is just a
click away at: http://dailystocktracker.com/registration/?symbol=CAR
Shares in Plano, Texas headquartered Rent-A-Center Inc. ended the day 2.55% lower at
$9.92. A total volume of 2.94 million shares was traded, which was above their three
months average volume of 1.24 million shares. The stock is trading below its 200-day
moving average by 9.01%. Furthermore, shares of Rent-A-Center, which together with its
subsidiaries, leases household durable goods to customers on a rent-to-own basis, have an
RSI of 37.98.
On October 25th, 2017, research firm Raymond James downgraded the Company's stock
rating from 'Strong Buy' to 'Market Perform'.
On October 30th, 2017, Rent-A-Center announced results for the quarter ended
September 30th, 2017. On a consolidated basis, total revenues for Q3 2017 were $644.0
million, and same store sales improved 430 basis points versus Q2 2017. Net loss and
diluted loss per share, on a GAAP basis, were $12.6 million and $0.24, respectively, and
adjusted EBITDA was $17.1 million for the quarter. The complimentary report on RCII can be
downloaded at: http://dailystocktracker.com/registration/?symbol=RCII
Hertz Global Holdings
At the close of trading on Thursday, shares in Estero, Florida-based Hertz Global
Holdings Inc. finished 2.46% lower at $23.80. A total volume of 1.94 million shares was
traded. The stock has advanced 66.20% over the previous three months and 10.39% on an YTD
basis. The Company's shares are trading above their 50-day and 200-day moving averages by
2.87% and 34.29%, respectively. Additionally, shares of Hertz Global have an RSI of 45.79.
On October 23rd, 2017, Hertz Global announced that it plans to report its Q3 2017
financial results at approximately 4:00 p.m. ET on November 09th, 2017, and will host its
accompanying webcast to discuss such results on November 10th, 2017, at 8:00 a.m. ET. This
webcast can be accessed under the Investor Relations section of the Company's website.
Sign up for your complimentary research report on HTZ at:
Stamford, Connecticut headquartered United Rentals Inc.'s shares recorded a trading
volume of 1.03 million shares at the end of yesterday's session. The stock closed the day
1.33% higher at $145.58. The Company's shares have advanced 3.43% in the past month,
22.99% in the previous three months, and 37.89% on an YTD basis. The stock is trading
above its 50-day and 200-day moving averages by 9.48% and 20.35%, respectively.
Additionally, shares of United Rentals, which through its subsidiaries, operates as an
equipment rental company, have an RSI of 60.73.
On October 18th, 2017, research firm Stifel reiterated its 'Buy' rating on the
Company's stock with an increase of the target price from $133 a share to $158 a share.
On October 18th, 2017, United Rentals announced financial results for the three months
ended September 30th, 2017. Total revenue for Q3 was $1.766 billion, and rental revenue
was $1.536 billion. On a GAAP basis, the Company reported Q3 2017 net income of $199
million, or $2.33 per diluted share. Adjusted EPS for the quarter was $3.25 per diluted
share, adjusted EBITDA was $879 million, and adjusted EBITDA margin was 49.8%. Get free
access to your research report on URI at:
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