Sunbelt Rentals Holdings, Inc. Common Stock (NYSE:SUNB – Get Free Report) COO John Washburn sold 3,351 shares of the business’s stock in a transaction dated Wednesday, July 8th. The shares were sold at an average price of $70.00, for a total value of $234,570.00. Following the completion of the sale, the chief operating officer directly owned 72,394 shares of the company’s stock, valued at $5,067,580. The trade was a 4.42% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.
Sunbelt Rentals Holdings, Inc. Common Stock Stock Performance
Shares of NYSE SUNB traded up $1.92 during trading hours on Friday, reaching $74.92. The stock had a trading volume of 3,304,218 shares, compared to its average volume of 4,143,805. The business’s 50-day simple moving average is $76.99. The stock has a market capitalization of $30.70 billion and a price-to-earnings ratio of 101.25. Sunbelt Rentals Holdings, Inc. Common Stock has a fifty-two week low of $61.03 and a fifty-two week high of $86.68.
Sunbelt Rentals Holdings, Inc. Common Stock (NYSE:SUNB – Get Free Report) last issued its quarterly earnings data on Tuesday, June 23rd. The company reported $0.74 earnings per share for the quarter, beating analysts’ consensus estimates of $0.73 by $0.01. The firm had revenue of $2.75 billion during the quarter. During the same period in the prior year, the company posted $0.76 EPS.
Sunbelt Rentals Holdings, Inc. Common Stock Dividend Announcement
Wall Street Analysts Forecast Growth
A number of research analysts have commented on SUNB shares. Royal Bank Of Canada upgraded shares of Sunbelt Rentals Holdings, Inc. Common Stock from an “underperform” rating to a “sector perform” rating and set a $80.00 price objective on the stock in a research note on Friday, June 19th. Bank of America initiated coverage on Sunbelt Rentals Holdings, Inc. Common Stock in a report on Monday, March 16th. They set an “underperform” rating and a $62.00 price target on the stock. Sanford C. Bernstein began coverage on Sunbelt Rentals Holdings, Inc. Common Stock in a research report on Tuesday, May 12th. They issued an “outperform” rating and a $86.00 price target on the stock. KeyCorp restated an “overweight” rating and issued a $85.00 price target on shares of Sunbelt Rentals Holdings, Inc. Common Stock in a research report on Wednesday, June 24th. Finally, Zacks Research raised Sunbelt Rentals Holdings, Inc. Common Stock to a “hold” rating in a research note on Monday, March 30th. Seven analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, Sunbelt Rentals Holdings, Inc. Common Stock has an average rating of “Hold” and an average price target of $81.25.
Check Out Our Latest Research Report on Sunbelt Rentals Holdings, Inc. Common Stock
About Sunbelt Rentals Holdings, Inc. Common Stock
Sunbelt Rentals Holdings, Inc is a major equipment rental company that provides a broad range of rental solutions to construction, industrial, municipal and specialty markets. The company’s business centers on short- and long-term rental of equipment used for earthmoving, aerial access, material handling, power generation, climate control, pumps and general tools, supporting customers who need flexible access to capital-intensive assets without the expense of ownership.
In addition to physical equipment, Sunbelt Rentals offers complementary services designed to keep projects running efficiently.
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