acquisition strategy shapes stock outlook By Investing.com
United Rentals , Inc. (NYSE:), the world’s largest equipment rental company with a market capitalization of $48.7 billion, is at a pivotal juncture as it navigates a complex market landscape while pursuing an ambitious growth strategy. According to InvestingPro analysis, URI stands as a prominent player in the Trading Companies & Distributors industry, demonstrating robust financial health with an EBITDA of $4.54 billion in the last twelve months. The company’s recent announcement of its proposed acquisition of H&E Equipment Services, Inc. (NASDAQ:HEES) for $92 per share in an all-cash transaction has brought renewed attention to URI’s expansion plans and financial outlook.
Acquisition of H&E Equipment Services
On January 15, 2025,…
