NEW YORK, August 19, 2016 /PRNewswire/ --
Today's feature on Stock-Callers.com is the Rental and Leasing Services space, which yielded return on assets (TTM) of 1.09% in the second quarter 2016, and achieved return on investment (TTM) of 2.52%, above industry average. Stocks to assess are Avis Budget Group Inc. (NASDAQ: CAR), United Rentals Inc. (NYSE: URI), Hertz Global Holdings Inc. (NYSE: HTZ), and Red Rock Resorts Inc. (NASDAQ: RRR). These stocks research reports can be downloaded now by simply registering for free at:
Avis Budget Group
Parsippany, New Jersey headquartered Avis Budget Group Inc.'s stock finished Thursday's session 1.95% higher at $37.13. A total volume of 2.78 million shares was traded, which was above their three months average volume of 2.36 million shares. The Company's shares have advanced 0.49% in the past month, 41.18% over the previous three months, and 2.31% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 6.76% and 18.90%, respectively. Furthermore, shares of Avis Budget Group, which together with its subsidiaries, provides car and truck rentals, car sharing, and ancillary services to businesses and consumers worldwide, have a Relative Strength Index (RSI) of 52.89.
On August 17th, 2016, a subsidiary of Avis Budget Group, Zipcar and Yakima Products, Inc., announced that the two companies are joining forces to bring Yakima bike, ski and surfboard carriers to Zipcar in North America. Your complete research report on CAR can be retrieved for free at:
On Thursday, shares in Stamford, Connecticut headquartered United Rentals Inc. ended the session at $80.81, jumping 4.11%. The stock recorded a trading volume of 2.11 million shares, which was above its three months average volume of 1.84 million shares. The Company's shares have gained 15.67% in the last one month, 26.07% in the previous three months, and 11.40% since the start of this year. The stock is trading 11.76% above its 50-day moving average and 23.17% above its 200-day moving average. Moreover, shares of United Rentals, which through its subsidiaries, operates as an equipment rental company, have an RSI of 62.04.
On August 8th, 2016, Echo Barrier USA announced an exclusive agreement with United Rentals Inc. for the distribution of Echo Barrier products in United Rentals branches in the United States and Canada. United Rentals will carry Echo Barrier's acoustic barrier products, including the Echo H2 Acoustic Noise Barrier, Echo H3 FR Barrier and H2O Acoustic Enclosure, as well as noise reduction accessories.
On August 18th, 2016, research firm Bank of America/ Merrill upgraded the Company's stock rating from 'Underperform' to 'Neutral'. URI free report is just a click away at:
Hertz Global Holdings
Estero, Florida-based Hertz Global Holdings Inc.'s stock ended yesterday's session 3.55% higher at $51.32. A total volume of 1.41 million shares was traded, which was higher than the three months average volume of 1.23 million shares. The Company's shares have advanced 0.14% in the past month and 16.98% on an YTD basis. The stock is trading 6.49% above its 50-day moving average and 6.49% above its 200-day moving average. Additionally, shares of Hertz Global Holdings, which engages in the car rental business in North America, Europe, Latin America, Asia, Australia, Africa, the Middle East, and New Zealand, traded at a PE ratio of 5.40.
On August 8th, 2016, Hertz Global Holdings reported a Q2 2016 net loss from continuing operations of $28 million, or $0.33 per share, compared to net income from continuing operations of $13 million, or $0.14 per share, during the same period last year. Total revenues for Q2 2016 were $2.3 billion, a 2% decline versus Q2 2015.
On August 10th, 2016, Deutsche Bank reiterated its 'Buy' rating on the Company's stock with a decrease of the target price from $76 a share to $63 a share. Sign up for your complimentary research report on HTZ at:
Red Rock Resorts
At the close on Thursday, shares in Las Vegas, Nevada-based Red Rock Resorts Inc. recorded a trading volume of 375,735 shares. The stock finished 0.13% higher at $22.92. The Company's shares have gained 2.42% in the last one month, 19.23% over the previous three months, and 23.12% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 3.21% and 8.27%, respectively. Furthermore, shares of Red Rock Resorts, which develops, owns, operates, and manages gaming, hotel, and casino properties, have an RSI of 54.52.
On August 15th, 2016, Red Rock Resorts reported that net revenues increased 4.0% to $351.5 million compared to $337.8 million in the prior year period, the 13th consecutive quarter of y-o-y net revenue growth. Register for free on Stock-Callers.com and download the latest research report on RRR at:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: [email protected]
Phone number: +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA