AMERCO (NASDAQ:UHAL) Given $418.50 Average Target Price by Brokerages

Shares of AMERCO (NASDAQ:UHAL) have received a consensus broker rating score of 1.00 (Strong Buy) from the two analysts that cover the stock, Zacks Investment Research reports. Two investment analysts have rated the stock with a strong buy rating.

Analysts have set a one year consensus price objective of $418.50 for the company and are anticipating that the company will post $4.24 EPS for the current quarter, according to Zacks. Zacks has also assigned AMERCO an industry rank of 195 out of 265 based on the ratings given to its competitors.

An institutional investor recently raised its position in AMERCO stock. Gerstein Fisher boosted its position in shares of AMERCO (NASDAQ:UHAL) by 0.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The hedge fund owned 3,121 shares of the company’s stock after buying an additional 19 shares during the period. Gerstein Fisher’s holdings in AMERCO were worth $1,228,000 at the end of the most recent reporting period.

AMERCO (NASDAQ:UHAL) opened at 383.01 on Monday. The firm has a 50 day moving average of $405.59 and a 200-day moving average of $378.83. The firm has a market cap of $7.51 billion and a P/E ratio of 17.43. AMERCO has a 12 month low of $266.26 and a 12 month high of $436.89.

AMERCO (NASDAQ:UHAL) last announced its quarterly earnings results on Wednesday, November 4th. The company reported $9.36 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $9.04 by $0.32. The company had revenue of $962.90 million for the quarter, compared to analyst estimates of $906.50 million. During the same quarter in the prior year, the business earned $7.98 earnings per share. AMERCO’s revenue was up 6.2% compared to the same quarter last year. On average, equities research analysts forecast that AMERCO will post $24.75 earnings per share for the current year.

12 Month Chart for NASDAQ:UHAL

AMERCO is a do-it-yourself moving and storage operator through its subsidiary U-Haul International, Inc. (NASDAQ:UHAL). The Company supplies products and services to help people move and store their household and commercial goods. It operates through three segments: Moving and Storage, Property and Casualty Insurance, and Life Insurance. The Moving and Storage segment consists of AMERCO, U-Haul, and Real Estate and the subsidiaries of U-Haul and Real Estate. It consists of the rental of trucks, trailers, portable moving and storage unit, specialty rental items and self-storage spaces primarily to the household mover, and sales of moving supplies, towing accessories and propane. The Property and Casualty Insurance segment consists of Repwest and its subsidiaries and ARCOA. It provides loss adjusting and claims handling for U-Haul through regional offices across North America. The Life Insurance segment consists of Oxford and its subsidiaries and provides life and health insurance products.

Get a free copy of the Zacks research report on AMERCO (UHAL)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

 

Latest News

Oracle Buying Textura at a Price of $663 Million
Oracle Buying Textura at a Price of $663 Million
AB InBev Offering More Assets of SABMiller in Europe to Win EU Approval
AB InBev Offering More Assets of SABMiller in Europe to Win EU Approval
Verizon Working With Authorities On Sabotage Incidents
Verizon Working With Authorities On Sabotage Incidents
UPS Profit Increases During First Quarter by 10%
UPS Profit Increases During First Quarter by 10%
Consumers Buying Fewer Apple Products, Sales Slump Worldwide
Consumers Buying Fewer Apple Products, Sales Slump Worldwide
Boeing Profit Drops on Lag in Commercial Deliveries
Boeing Profit Drops on Lag in Commercial Deliveries


Leave a Reply

 
© 2006-2017 The Vista Voice. Subscribe