U-Haul (NYSE:UHAL) Earns Mkt Outperform Rating from Analysts at Citizens Jmp

Citizens Jmp assumed coverage on shares of U-Haul (NYSE:UHAL) in a research note issued to investors on Wednesday morning, Marketbeat.com reports. The brokerage issued a mkt outperform rating and a $90.00 target price on the stock.

UHAL has been the topic of several other research reports. Weiss Ratings reiterated a “sell (d)” rating on shares of U-Haul in a research note on Wednesday, June 24th. Citigroup began coverage on shares of U-Haul in a research report on Wednesday. They set an “outperform” rating for the company. Finally, Wall Street Zen upgraded shares of U-Haul from a “sell” rating to a “hold” rating in a report on Sunday, July 12th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $85.00.

U-Haul Price Performance

UHAL opened at $71.32 on Wednesday. The firm has a market cap of $13.99 billion, a PE ratio of 297.18 and a beta of 1.11. The stock has a 50-day moving average price of $60.20 and a 200-day moving average price of $54.40. U-Haul has a 1 year low of $41.94 and a 1 year high of $72.95. The company has a debt-to-equity ratio of 1.04, a current ratio of 1.94 and a quick ratio of 1.73.

U-Haul (NYSE:UHAL) last announced its quarterly earnings data on Wednesday, May 27th. The company reported ($0.70) EPS for the quarter, beating the consensus estimate of ($0.72) by $0.02. The company had revenue of $1.27 billion for the quarter. U-Haul had a net margin of 1.38% and a return on equity of 1.06%. Sell-side analysts predict that U-Haul will post 1.32 earnings per share for the current fiscal year.

Hedge Funds Weigh In On U-Haul

Several hedge funds and other institutional investors have recently bought and sold shares of UHAL. Deltroit Asset Management UK LLP purchased a new position in shares of U-Haul in the 4th quarter worth $5,182,000. Two Sigma Investments LP increased its position in U-Haul by 64.3% during the third quarter. Two Sigma Investments LP now owns 174,120 shares of the company’s stock valued at $9,937,000 after acquiring an additional 68,150 shares during the last quarter. ArrowMark Colorado Holdings LLC increased its position in U-Haul by 38.0% during the fourth quarter. ArrowMark Colorado Holdings LLC now owns 217,800 shares of the company’s stock valued at $10,979,000 after acquiring an additional 60,000 shares during the last quarter. Tudor Investment Corp ET AL lifted its holdings in U-Haul by 167.3% in the third quarter. Tudor Investment Corp ET AL now owns 95,393 shares of the company’s stock valued at $5,444,000 after acquiring an additional 59,699 shares during the period. Finally, Trexquant Investment LP lifted its holdings in U-Haul by 219.7% in the fourth quarter. Trexquant Investment LP now owns 60,536 shares of the company’s stock valued at $3,052,000 after acquiring an additional 41,599 shares during the period. Institutional investors own 3.63% of the company’s stock.

U-Haul Company Profile

U-Haul (NYSE: UHAL) is a leading provider of do-it-yourself moving and storage solutions in North America. The company offers a comprehensive suite of products and services that includes the rental of trucks, trailers and towing equipment, as well as portable moving containers known as U-Box. In addition to vehicle rentals, U-Haul supplies customers with moving essentials such as boxes, packing materials and hitch installations, ensuring an integrated moving experience. The company also operates self-storage facilities under the U-Haul Storage brand, catering to both short-term and long-term needs.

Founded in 1945 by Leonard Shoen in Ridgefield, Washington, U-Haul has expanded its footprint through a mix of corporate-owned centers and independent dealer locations.