What changed
$URI — BUY 📊 | 6 MONTHS THESIS
🎯 Q1 2026 | Rev $4.0B | EPS $9.71 vs $8.94 🟢 | Margin 21.8%
💡 Consensus expects modest growth, priced at a 27x trailing P/E. The variant view is that FY26 EPS can reach $40+ (from $9.71 in Q1 alone), putting forward P/E at ~17x, which is undemanding for a dominant industry leader. The buyback will further boost EPS beyond consensus models.
📉 Reward/risk: 2.1:1
🏢 Business Quality: 7/10 - Largest North American equipment rental company with scale advantages, strong free cash flow, and disciplined capital allocation. Cyclical, but benefits from infrastructure and industrial demand trends.
📊 Valuation: cheap - based on forward P/E (estimated ~18x FY26 EPS) relative to historical trailing P/E of 27x and peer group averages (15-20x).
🔮 Catalyst: Q1 2026 earnings beat and accelerated $1.5B buyback program
📊 Our read: BUY. Full analysis →
https://stockduty.xyz/s/URI0618