Zacks: AMERCO (UHAL) Given $400.00 Consensus Target Price by Analysts

Shares of AMERCO (NASDAQ:UHAL) have earned an average broker rating score of 3.00 (Hold) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold rating.

Analysts have set a 1 year consensus price objective of $400.00 for the company and are expecting that the company will post ($0.84) EPS for the current quarter, according to Zacks. Zacks has also given AMERCO an industry rank of 66 out of 255 based on the ratings given to its competitors.

Several analysts recently issued reports on the company. BidaskClub downgraded AMERCO from a “sell” rating to a “strong sell” rating in a research note on Tuesday, December 4th. ValuEngine raised AMERCO from a “hold” rating to a “buy” rating in a research note on Wednesday, November 21st.

A number of large investors have recently added to or reduced their stakes in UHAL. Cornerstone Advisors Inc. bought a new stake in AMERCO in the 4th quarter worth approximately $29,000. Quantamental Technologies LLC bought a new stake in AMERCO in the 4th quarter worth approximately $32,000. IMS Capital Management bought a new stake in AMERCO in the 3rd quarter worth approximately $61,000. ETF Managers Group LLC increased its stake in AMERCO by 15.6% in the 4th quarter. ETF Managers Group LLC now owns 377 shares of the transportation company’s stock worth $124,000 after acquiring an additional 51 shares during the last quarter. Finally, Advisor Group Inc. increased its stake in AMERCO by 157.7% in the 4th quarter. Advisor Group Inc. now owns 451 shares of the transportation company’s stock worth $147,000 after acquiring an additional 276 shares during the last quarter. 41.44% of the stock is currently owned by institutional investors and hedge funds.

Shares of UHAL opened at $372.18 on Thursday. The company has a market cap of $7.26 billion, a P/E ratio of 23.71 and a beta of 0.83. AMERCO has a 12-month low of $316.00 and a 12-month high of $387.95. 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 issued its earnings results on Wednesday, February 6th. The transportation company reported $4.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.55 by $0.46. The company had revenue of $919.09 million for the quarter, compared to the consensus estimate of $866.87 million. AMERCO had a return on equity of 10.27% and a net margin of 10.02%. The firm’s quarterly revenue was up 9.0% on a year-over-year basis. During the same quarter last year, the company earned $2.34 EPS. On average, equities analysts expect that AMERCO will post 17.96 EPS for the current year.

About AMERCO

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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