AMERCO (NASDAQ:UHAL) has received a consensus broker rating score of 3.00 (Hold) from the one brokers that provide coverage for the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold rating.
Brokerages have set a 12-month consensus price target of $400.00 for the company and are predicting that the company will post ($0.84) earnings per share for the current quarter, according to Zacks. Zacks has also given AMERCO an industry rank of 172 out of 255 based on the ratings given to related companies.
Get AMERCO alerts:Several brokerages recently issued reports on UHAL. BidaskClub upgraded shares of AMERCO from a “strong sell” rating to a “sell” rating in a research report on Thursday, November 22nd. ValuEngine upgraded shares of AMERCO from a “hold” rating to a “buy” rating in a research report on Wednesday, November 21st.
NASDAQ:UHAL traded down $1.98 during midday trading on Thursday, hitting $374.15. The company had a trading volume of 317 shares, compared to its average volume of 38,945. AMERCO has a 52-week low of $316.00 and a 52-week high of $387.95. The firm has a market capitalization of $7.17 billion, a PE ratio of 23.85 and a beta of 0.83. The company has a debt-to-equity ratio of 1.03, a quick ratio of 2.62 and a current ratio of 2.80.
AMERCO (NASDAQ:UHAL) last announced its earnings results on Wednesday, February 6th. The transportation company reported $4.01 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.55 by $0.46. AMERCO had a net margin of 10.02% and a return on equity of 10.27%. The company had revenue of $919.09 million during the quarter, compared to analyst estimates of $866.87 million. During the same period in the previous year, the business earned $2.34 earnings per share. The firm’s quarterly revenue was up 9.0% compared to the same quarter last year. On average, sell-side analysts forecast that AMERCO will post 18.04 EPS for the current fiscal year.
The firm also recently declared a special dividend, which will be paid on Thursday, April 4th. Shareholders of record on Thursday, March 21st will be given a dividend of $0.50 per share. The ex-dividend date of this dividend is Wednesday, March 20th.
In other AMERCO news, General Counsel Respino Laurence J. De sold 86 shares of the company’s stock in a transaction dated Monday, March 4th. The shares were sold at an average price of $375.20, for a total transaction of $32,267.20. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 42.60% of the company’s stock.
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Vanguard Group Inc boosted its position in AMERCO by 1.9% during the third quarter. Vanguard Group Inc now owns 672,973 shares of the transportation company’s stock valued at $240,017,000 after buying an additional 12,683 shares during the period. Vanguard Group Inc. raised its stake in shares of AMERCO by 1.9% during the third quarter. Vanguard Group Inc. now owns 672,973 shares of the transportation company’s stock valued at $240,017,000 after acquiring an additional 12,683 shares during the last quarter. BlackRock Inc. raised its stake in shares of AMERCO by 29.9% during the fourth quarter. BlackRock Inc. now owns 495,926 shares of the transportation company’s stock valued at $162,718,000 after acquiring an additional 114,030 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in shares of AMERCO by 4.4% during the fourth quarter. Dimensional Fund Advisors LP now owns 460,746 shares of the transportation company’s stock valued at $151,180,000 after acquiring an additional 19,452 shares during the last quarter. Finally, Barrow Hanley Mewhinney & Strauss LLC raised its stake in shares of AMERCO by 3.1% during the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 442,869 shares of the transportation company’s stock valued at $145,310,000 after acquiring an additional 13,413 shares during the last quarter. Institutional investors and hedge funds own 37.33% 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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