Amerco (UHAL) Receiving Very Favorable News Coverage, Report Finds
Media stories about Amerco (NASDAQ:UHAL) have been trending very positive recently, Accern reports. Accern ranks the sentiment of media coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Amerco earned a media sentiment score of 0.52 on Accern’s scale. Accern also assigned news articles about the transportation company an impact score of 46 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Here are some of the news articles that may have impacted Accern Sentiment’s rankings:
- ETFs with exposure to AMERCO : June 23, 2017 (finance.yahoo.com)
- Analysts Set $405.00 Price Target for Amerco (UHAL) (americanbankingnews.com)
- The ValuEngine Downgrades EnLink Midstream Partners, LP (ENLK) to Sell (emfizz.com)
- Amerco (UHAL) Cut to “Hold” at BidaskClub (americanbankingnews.com)
- U-Haul of North Anchorage Introduces Self-Storage with Grand Opening (finance.yahoo.com)
Shares of Amerco (NASDAQ:UHAL) opened at 340.72 on Friday. Amerco has a 12 month low of $307.80 and a 12 month high of $399.16. The stock’s 50 day moving average is $363.57 and its 200 day moving average is $370.21. The company has a market capitalization of $6.68 billion, a P/E ratio of 16.75 and a beta of 1.10.
Amerco (NASDAQ:UHAL) last announced its quarterly earnings results on Wednesday, May 24th. The transportation company reported $0.49 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $2.00 by $1.51. Amerco had a return on equity of 14.02% and a net margin of 11.64%. The firm had revenue of $708.80 million for the quarter, compared to analysts’ expectations of $702.54 million. During the same period last year, the company posted $2.68 earnings per share. The business’s quarterly revenue was up 3.8% on a year-over-year basis. On average, equities analysts predict that Amerco will post $22.00 EPS for the current fiscal year.
Separately, BidaskClub downgraded shares of Amerco from a “buy” rating to a “hold” rating in a research report on Thursday.
In other news, major shareholder Grove Holdings Lp Willow purchased 2,000 shares of the stock in a transaction that occurred on Tuesday, May 30th. The shares were purchased at an average cost of $352.87 per share, with a total value of $705,740.00. Following the completion of the acquisition, the insider now owns 7,562,884 shares of the company’s stock, valued at approximately $2,668,714,877.08. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 52.00% of the company’s stock.
AMERCO is a do-it-yourself moving and storage operator through its subsidiary, U-Haul International, Inc (U-Haul). The Company supplies its products and services to help people move and store their household and commercial goods through U-Haul. It sells U-Haul brand boxes, tape, and other moving and self-storage products and services to do-it-yourself moving and storage customers at its distribution outlets and through uhaul.com and eMove Websites.
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