United Rentals Inc
URI: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$278.00 | Sssd | Xzczwgkb |
We Think 2023 Will Be Another Strong Year for United Rentals, Thanks to Strong Rental Demand
Business Strategy and Outlook
We think United Rentals will continue to be the top player in the equipment rental industry. As the industry leader, the company provides customers better equipment availability and reliability than smaller players. However, many of the equipment brands found in United Rentals’ product catalog can also be found at other competitors, such as Sunbelt Rentals (owned by Ashtead), Herc, and at thousands of other rental companies across North America.