Breakfast Technical Briefing on Rental & Leasing Services Stocks -- Avis Budget, Rent-A-Center, Hertz Global, and United Rentals
NEW YORK, September 29, 2017 /PRNewswire/ --
If you want a Stock Review on CAR, RCII, HTZ, or URI then come over to http://dailystocktracker.com/register/ and sign up for your free customized report. Industries in the Rental and Leasing Services subsector include establishments that provide a wide array of tangible goods, such as automobiles, computers, consumer goods, and industrial machinery and equipment, to customers in return for a periodic rental or lease payment. Pre-market today, DailyStockTracker.com monitors the following four equities: Avis Budget Group Inc. (NASDAQ: CAR), Rent-A-Center Inc. (NASDAQ: RCII), Hertz Global Holdings Inc. (NYSE: HTZ), and United Rentals Inc. (NYSE: URI). Daily Stock Tracker published free research reports on these stocks today at:
http://dailystocktracker.com/register/
Avis Budget Group
Parsippany, New Jersey headquartered Avis Budget Group Inc.'s shares gained 0.31%, closing Thursday's trading session at $38.29. The stock recorded a trading volume of 1.15 million shares. The Company's shares have advanced 14.44% in the last month, 44.76% over the previous three months, and 4.39% since the start of this year. The stock is trading 11.44% above its 50-day moving average and 20.70% above its 200-day moving average. Additionally, shares of Avis Budget, 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 61.08.
On September 18th, 2017, Zipcar, a subsidiary of Avis Budget, announced the launch of its car-sharing service in Reykjavik, Iceland. This marks the first major city launch for the brand in the Nordic countries. The expansion to Reykjavik brings car sharing to even more consumers who want access to a car in and around the city without the cost and hassle of ownership. See our free and comprehensive research report on CAR at:
http://dailystocktracker.com/registration/?symbol=CAR
Rent-A-Center
On Thursday, shares in Plano, Texas headquartered Rent-A-Center Inc. recorded a trading volume of 910,023 shares. The stock rose 0.96%, ending the day at $11.53. The Company's shares have advanced 2.49% on an YTD basis. The stock is trading above its 200-day moving average by 4.98%. Furthermore, shares of Rent-A-Center, which together with its subsidiaries, leases household durable goods to customers on a rent-to-own basis, have an RSI of 40.63.
On September 20th, 2017, Rent-A-Center announced the preliminary key operating metrics for its Core US and Acceptance NOW ("ANow") businesses for August 2017. For the Company's Core US business, same store sales were 5.3%, and delinquencies were 7.2%. For its ANow business, same store sales were 8.6%, and delinquencies were 10.3%. RCII free research report is just a click away at:
http://dailystocktracker.com/registration/?symbol=RCII
Hertz Global Holdings
Estero, Florida-based Hertz Global Holdings Inc.'s stock finished the day 0.51% lower at $23.59 with a total trading volume of 4.24 million shares. Shares of the Company have advanced 24.68% in the last one month, 106.57% in the previous three months, and 9.42% on an YTD basis. The stock is trading above its 50-day and 200-day moving averages by 23.87% and 35.41%, respectively. Additionally, shares of Hertz Global have an RSI of 62.89.
On September 14th, 2017, research firm Morgan Stanley downgraded the Company's stock rating from 'Equal-Weight' to 'Underweight'.
On September 25th, 2017, Hertz Global announced that its wholly owned subsidiary, The Hertz Corporation, has appointed Discover the World and InterGlobe Air Transport Limited as General Sales Agents (GSAs) for Vietnam and selected India markets, respectively. The GSAs will promote the Company's products and services around the globe to domestic travel trade partners, corporate customers and leisure travelers. Sign up for your complimentary report on HTZ at:
http://dailystocktracker.com/registration/?symbol=HTZ
United Rentals
Shares in Stamford, Connecticut headquartered United Rentals Inc. ended yesterday's session 1.68% higher at $137.97. The stock recorded a trading volume of 1.04 million shares. The Company's shares have surged 20.04% in the last one month, 25.77% over the previous three months, and 30.68% since the start of this year. The stock is trading 15.19% and 18.32% above its 50-day and 200-day moving averages, respectively. Moreover, shares of United Rentals, which through its subsidiaries, operates as an equipment rental company, have an RSI of 77.65.
On September 25th, 2017, United Rentals and Neff Corporation, operating as Neff Rental, announced that on September 21st, 2017, the US Federal Trade Commission granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 with respect to the pending acquisition of Neff by United Rentals. The termination of the waiting period satisfies one of the conditions to the closing of the pending acquisition, which remains subject to other customary closing conditions. Register for free on DailyStockTracker.com and download the latest research report on URI at:
http://dailystocktracker.com/registration/?symbol=URI
--
Daily Stock Tracker:
Daily Stock Tracker (DST) 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. DST 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.
DST 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 contact@dailystocktracker.com. 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 DST. DST 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.
NO WARRANTY
DST, 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. DST, 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, DST, 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 DST 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
http://dailystocktracker.com/disclaimer/
CONTACT
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: contact@dailystocktracker.com
Phone number: (207)331-3313
Office Address: 377 Rivonia Boulevard, Rivonia, South Africa
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE dailystocktracker.com
