Wednesday, July 25, 2018

Somewhat Favorable Media Coverage Somewhat Unlikely to Affect AMERCO (UHAL) Stock Price

Media headlines about AMERCO (NASDAQ:UHAL) have trended somewhat positive on Sunday, according to Accern. The research firm ranks the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. AMERCO earned a media sentiment score of 0.21 on Accern’s scale. Accern also assigned news headlines about the transportation company an impact score of 45.3940939049571 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

Several brokerages have commented on UHAL. ValuEngine downgraded AMERCO from a “buy” rating to a “hold” rating in a research report on Wednesday, May 2nd. BidaskClub raised AMERCO from a “sell” rating to a “hold” rating in a research report on Tuesday, June 19th. Finally, CL King began coverage on AMERCO in a research report on Thursday, April 5th. They issued a “neutral” rating on the stock.

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Shares of NASDAQ UHAL opened at $371.90 on Friday. The company has a current ratio of 2.37, a quick ratio of 2.19 and a debt-to-equity ratio of 0.99. The company has a market capitalization of $7.31 billion, a price-to-earnings ratio of 23.69 and a beta of 0.91. AMERCO has a 12 month low of $317.42 and a 12 month high of $400.99.

AMERCO (NASDAQ:UHAL) last issued its quarterly earnings results on Wednesday, May 30th. The transportation company reported $0.56 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.85 by ($0.29). The business had revenue of $757.60 million during the quarter, compared to the consensus estimate of $732.98 million. AMERCO had a return on equity of 9.40% and a net margin of 21.95%. The business’s quarterly revenue was up 6.8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.49 earnings per share. research analysts forecast that AMERCO will post 15.3 earnings per share for the current fiscal year.

The firm also recently declared a special dividend, which was paid on Thursday, July 5th. Shareholders of record on Thursday, June 21st were given a $0.50 dividend. The ex-dividend date of this dividend was Wednesday, June 20th.

In other AMERCO news, insider Carlos Vizcarra sold 2,419 shares of AMERCO stock in a transaction that occurred on Thursday, July 5th. The stock was sold at an average price of $356.51, for a total value of $862,397.69. The sale was disclosed in a filing with the SEC, which is available through this link. Insiders own 42.60% of the company’s stock.

AMERCO Company Profile

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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Insider Buying and Selling by Quarter for AMERCO (NASDAQ:UHAL)

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