Shares of AMERCO (NASDAQ:UHAL) have earned an average broker rating score of 3.00 (Hold) from the one analysts that cover the stock, Zacks Investment Research reports. One analyst has rated the stock with a hold rating.
Analysts have set a one year consensus target price of $400.00 for the company and are expecting that the company will post $7.00 EPS for the current quarter, according to Zacks. Zacks has also given AMERCO an industry rank of 16 out of 255 based on the ratings given to related companies.
UHAL has been the topic of several recent analyst reports. BidaskClub raised shares of AMERCO from a “strong sell” rating to a “sell” rating in a research note on Saturday, March 24th. ValuEngine upgraded shares of AMERCO from a “hold” rating to a “buy” rating in a report on Thursday, March 1st. Finally, CL King initiated coverage on shares of AMERCO in a report on Thursday, April 5th. They set a “neutral” rating on the stock.
NASDAQ:UHAL traded up $4.56 during trading hours on Friday, hitting $352.09. 93,000 shares of the stock traded hands, compared to its average volume of 76,489. The company has a quick ratio of 2.19, a current ratio of 2.37 and a debt-to-equity ratio of 0.99. AMERCO has a fifty-two week low of $317.42 and a fifty-two week high of $400.99. The company has a market cap of $6.89 billion, a P/E ratio of 22.32 and a beta of 0.95.
AMERCO (NASDAQ:UHAL) last announced its earnings results on Wednesday, May 30th. The transportation company reported $0.56 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.85 by ($0.29). AMERCO had a net margin of 21.95% and a return on equity of 9.40%. The firm had revenue of $757.60 million for the quarter, compared to analyst estimates of $732.98 million. During the same period last year, the firm earned $0.49 earnings per share. AMERCO’s revenue for the quarter was up 6.8% compared to the same quarter last year. equities research analysts anticipate that AMERCO will post 15.3 earnings per share for the current year.
The business also recently declared a special dividend, which will be paid on Thursday, July 5th. Stockholders of record on Thursday, June 21st will be issued a dividend of $0.50 per share. The ex-dividend date is Wednesday, June 20th.
Several institutional investors have recently bought and sold shares of UHAL. OLD Mutual Customised Solutions Proprietary Ltd. grew its holdings in shares of AMERCO by 200.0% during the 4th quarter. OLD Mutual Customised Solutions Proprietary Ltd. now owns 300 shares of the transportation company’s stock valued at $113,000 after acquiring an additional 200 shares in the last quarter. Public Employees Retirement Association of Colorado grew its holdings in shares of AMERCO by 106.3% during the 4th quarter. Public Employees Retirement Association of Colorado now owns 326 shares of the transportation company’s stock valued at $123,000 after acquiring an additional 168 shares in the last quarter. State of Alaska Department of Revenue purchased a new position in shares of AMERCO during the 4th quarter valued at $151,000. Element Capital Management LLC purchased a new position in shares of AMERCO during the 1st quarter valued at $216,000. Finally, Two Sigma Securities LLC purchased a new position in shares of AMERCO during the 4th quarter valued at $226,000. Institutional investors and hedge funds own 37.52% of the company’s stock.
AMERCO Company Profile
AMERCO operates as a ?do-it-yourself' moving and storage operator for household and commercial goods in the United States and Canada. The company's Moving and Storage segment rents trucks, trailers, portable moving and storage units, specialty rental items, and self-storage spaces primarily to the household movers; and sells moving supplies, towing accessories, and propane.
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