United Rentals, Inc. (URI) Forms $172.95 Double Top; SUNNY OPTICAL TECHNOLOGY GROUP CO LTD (SNPTF) SI Decreased By 23.81%

April 16, 2018 - By John Hoffman

United Rentals, Inc. (NYSE:URI) Logo

United Rentals, Inc. (URI) formed double top with $186.79 target or 8.00% above today’s $172.95 share price. United Rentals, Inc. (URI) has $14.56 billion valuation. The stock decreased 1.91% or $3.37 during the last trading session, reaching $172.95. About 1.29 million shares traded. United Rentals, Inc. (NYSE:URI) has risen 48.17% since April 16, 2017 and is uptrending. It has outperformed by 36.62% the S&P500.

SUNNY OPTICAL TECHNOLOGY GROUP CO LTD (OTCMKTS:SNPTF) had a decrease of 23.81% in short interest. SNPTF’s SI was 1.85 million shares in April as released by FINRA. Its down 23.81% from 2.42 million shares previously. With 10,900 avg volume, 169 days are for SUNNY OPTICAL TECHNOLOGY GROUP CO LTD (OTCMKTS:SNPTF)’s short sellers to cover SNPTF’s short positions. The SI to SUNNY OPTICAL TECHNOLOGY GROUP CO LTD’s float is 0.27%. It closed at $19.8 lastly. It is down 0.00% since April 16, 2017 and is . It has underperformed by 11.55% the S&P500.

Among 23 analysts covering United Rentals Inc. (NYSE:URI), 7 have Buy rating, 4 Sell and 12 Hold. Therefore 30% are positive. United Rentals Inc. had 77 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Hold” rating on Thursday, August 17 by Oppenheimer. The firm has “Market Perform” rating by Wells Fargo given on Friday, July 24. The rating was maintained by Barclays Capital with “Overweight” on Wednesday, October 12. The firm has “Buy” rating by Bank of America given on Thursday, October 19. The stock of United Rentals, Inc. (NYSE:URI) has “Hold” rating given on Thursday, April 13 by RBC Capital Markets. Citigroup maintained the shares of URI in report on Friday, July 21 with “Buy” rating. Deutsche Bank initiated United Rentals, Inc. (NYSE:URI) rating on Wednesday, September 7. Deutsche Bank has “Hold” rating and $79 target. The firm earned “Buy” rating on Monday, April 4 by Jefferies. As per Friday, July 21, the company rating was maintained by Deutsche Bank. Longbow upgraded United Rentals, Inc. (NYSE:URI) on Monday, January 18 to “Buy” rating.

Investors sentiment decreased to 0.92 in 2017 Q4. Its down 0.17, from 1.09 in 2017Q3. It worsened, as 43 investors sold United Rentals, Inc. shares while 209 reduced holdings. 76 funds opened positions while 156 raised stakes. 71.73 million shares or 3.37% less from 74.23 million shares in 2017Q3 were reported. Scopus Asset Mgmt Limited Partnership holds 249,401 shares or 0.4% of its portfolio. Hodges Mgmt Inc owns 4,219 shares. Legacy Prtn Inc holds 0.35% in United Rentals, Inc. (NYSE:URI) or 4,145 shares. Nomura Holdg Incorporated owns 53,390 shares. Hightower Advsrs Limited holds 66,213 shares or 0.09% of its portfolio. Trust Department Mb Retail Bank N A reported 0% in United Rentals, Inc. (NYSE:URI). Eagle Asset Mgmt holds 0.3% or 313,276 shares. Private Advisor Gru Llc invested 0.03% of its portfolio in United Rentals, Inc. (NYSE:URI). Montag A Associate holds 0.69% or 41,217 shares in its portfolio. Kames Cap Public Ltd Com invested in 10,755 shares or 0.05% of the stock. Utd Automobile Association stated it has 51,218 shares or 0.02% of all its holdings. Driehaus Capital Mgmt Lc stated it has 10,941 shares or 0.07% of all its holdings. Us National Bank De invested in 0% or 6,864 shares. Zacks holds 0.03% or 8,949 shares in its portfolio. Fulton Commercial Bank Na has 12,240 shares.

Analysts await United Rentals, Inc. (NYSE:URI) to report earnings on April, 18. They expect $2.43 earnings per share, up 49.08% or $0.80 from last year’s $1.63 per share. URI’s profit will be $204.52 million for 17.79 P/E if the $2.43 EPS becomes a reality. After $3.34 actual earnings per share reported by United Rentals, Inc. for the previous quarter, Wall Street now forecasts -27.25% negative EPS growth.

Sunny Optical Technology Company Limited, an investment holding company, researches and develops, designs, makes, and sells optical and optical-related products, and scientific instruments. The company has market cap of $21.69 billion. The firm operates in three divisions: Optical Components, Optoelectronic Products, and Optical Instruments. It has a 69.47 P/E ratio. The Company’s products include optical components, such as glass spherical and aspherical lenses, plane products, handset lens sets, vehicle lens sets, and other various lens sets; and optoelectronic products, including handset camera modules, three-dimensional optoelectronic products, security cameras, and other optoelectronic modules.

United Rentals, Inc. (NYSE:URI) Institutional Positions Chart