United Rentals, Inc. (URI) continued its upward trend with the stock climbing 1.34% or $1.68 to close the day at $127.12 on light trading volume of 1.31M shares, compared to its three month average trading volume of 1.87M. The Stamford Connecticut 06902 based company has been outperforming the rental & leasing services group over the past 52 weeks, with the stock gaining 193.31%, compared to the industry which has advanced 61.46% over the same period. With RSI of 65.14, the stock should still continue to rise and get closer to its one year target estimate of $122.71, making it a hold for now.
United Rentals, Inc., through its subsidiaries, operates as an equipment rental company. It operates in two segments, General Rentals; and Trench, Power, and Pump. The General Rentals segment engages in the rental of general construction and industrial equipment, such as backhoes, skid-steer loaders, forklifts, earthmoving equipment, and material handling equipment; aerial work platforms, such as boom lifts and scissor lifts; and general tools and light equipment comprising pressure washers, water pumps, and power tools. This segment serves construction and industrial companies, manufacturers, utilities, municipalities, and homeowners. The Trench, Power, and Pump segment is involved in the rental of specialty construction products, including trench safety equipment, such as trench shields, aluminum hydraulic shoring systems, slide rails, crossing plates, construction lasers, and line testing equipment for underground work; power and HVAC equipment, which consists of portable diesel generators, electrical distribution equipment, and temperature control equipment; and pumps primarily used by energy and petrochemical customers. It serves construction companies involved in infrastructure projects, municipalities, and industrial companies. The company also sells new equipment, such as aerial lifts, reach forklifts, telehandlers, compressors, and generators; contractor supplies, including construction consumables, tools, small equipment, and safety supplies; and parts for equipment that are owned by the company’s customers, as well as provides repair and maintenance services. It sells its used equipment through its sales force, brokers, and Website, as well as at auctions and directly to manufacturers. As of January 1, 2017, the company operated 887 rental locations in the United States and Canada. United Rentals, Inc. was founded in 1997 and is headquartered in Stamford, Connecticut.
Paychex, Inc. (PAYX) fell -0.05% during last trading as the stock lost $-0.03 to finish the day at $58.46 with about 1.3M shares changing hands, compared to its three month average trading volume of 2.1M. The $20.99B market cap company, which fluctuated between $58.42 and $58.99 during the day, currently situated 30.94% above its 52 week low of $48.63 and -5.27% away from its one year high of $62.18. The RSI of 39.61 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.
Paychex, Inc. provides payroll, human resource, insurance, and benefits outsourcing solutions for small to medium-sized businesses in the United States and Germany. The company offers payroll processing services that include payroll tax administration services; employee payment services; and regulatory compliance services, such as new-hire reporting and garnishment processing. It also provides human resource outsourcing services, such as Paychex HR solutions comprising payroll, employer compliance, human resource and employee benefits administration, risk management outsourcing, and the on-site availability of a professionally trained human resource representative; and retirement services administration, including plan implementation, ongoing compliance with government regulations, employee and employer reporting, participant and employer online access, electronic funds transfer, and other administrative services. In addition, the company offers insurance services for property and casualty coverage, such as workers’ compensation, business-owner policies, commercial auto, and health and benefits coverage, including health, dental, vision, and life; cloud-based human resource administration software products for employee benefits management and administration, and time and attendance solutions; and other human resource services and products, such as employee handbooks, management manuals, and personnel and required regulatory forms. Further, it provides various accounting and financial services to small- to medium-sized businesses, which include purchasing of accounts receivable as a means of providing funding to clients in the temporary staffing industry; a cloud-based accounting service; payment processing services; payment distribution services; and a small-business loan resource center. Paychex, Inc. markets its products and services through direct sales force. The company was founded in 1979 and is headquartered in Rochester, New York.
Campbell Soup Company (CPB) saw its value decrease by -0.89% as the stock dropped $-0.57 to finish the day at a closing price of $63.27. The stock was lighter in trading and has fluctuated between $52.59-$67.89 per share for the past year. The shares, which traded within a range of $63.12 to $63.79 during the day, are up by 15.79% in the past three months and up by 4.85% over the past six months. It is currently trading 0.9% above its 20 day moving average and 4.44% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $60 a share over the next twelve months. The current relative strength index (RSI) reading is 61.5. The technical indicator lead us to believe there will be no major movement any time soon, hold.
Campbell Soup Company, together with its subsidiaries, manufactures and markets food and beverage products. It operates through three segments: Americas Simple Meals and Beverages; Global Biscuits and Snacks; and Campbell Fresh. The Americas Simple Meals and Beverages segment engages in the retail and food service of Campbell’s condensed and ready-to-serve soups; Swanson broth and stocks; Prego pasta sauces; Pace Mexican sauces; Campbell’s gravies, pastas, beans, and dinner sauces; Swanson canned poultry; Plum food and snacks; V8 juices and beverages; and Campbell’s tomato juices. The Global Biscuits and Snacks segment provides Pepperidge Farm cookies, crackers, bakery, and frozen products in the United States retail; and Arnott’s biscuits in Australia and the Asia Pacific; and Kelsen cookies worldwide, as well as meals and shelf-stable beverages in Australia and the Asia Pacific. The Campbell Fresh segment provides Bolthouse Farms fresh carrots, carrot ingredients, refrigerated beverages, and refrigerated salad dressings; and Garden Fresh Gourmet salsa, hummus, dips, and tortilla chips, as well as refrigerated soups. The company sells its products through retail food chains, mass discounters, mass merchandisers, club stores, convenience stores, drug stores, and dollar stores, as well as other retail, commercial, and non-commercial establishments; and independent contractor distributors. Campbell Soup Company was founded in 1869 and is headquartered in Camden, New Jersey.