U-Haul (NYSE:UHAL) Releases Quarterly Earnings Results, Misses Estimates By $0.16 EPS

U-Haul (NYSE:UHAL) issued its quarterly earnings results on Wednesday. The company reported $0.49 EPS for the quarter, missing the consensus estimate of $0.65 by ($0.16), Zacks reports. The company had revenue of $1.72 billion for the quarter, compared to analyst estimates of $1.71 billion. U-Haul had a return on equity of 4.06% and a net margin of 5.31%.

U-Haul Trading Up 1.1%

UHAL traded up $0.56 during trading hours on Friday, hitting $53.66. The company’s stock had a trading volume of 24,285 shares, compared to its average volume of 120,105. U-Haul has a fifty-two week low of $52.00 and a fifty-two week high of $75.92. The business’s 50-day moving average is $56.14. The company has a quick ratio of 1.55, a current ratio of 1.74 and a debt-to-equity ratio of 0.93. The stock has a market capitalization of $10.52 billion, a price-to-earnings ratio of 37.52 and a beta of 1.19.

Analyst Ratings Changes

UHAL has been the subject of several research reports. Vertical Research upgraded shares of U-Haul to a “strong-buy” rating in a research note on Monday. Weiss Ratings reissued a “hold (c-)” rating on shares of U-Haul in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Buy”.

About U-Haul

AMERCO operates as a do-it-yourself moving and storage operator for household and commercial goods in the United States and Canada. The company’s Moving and Storage segment rents trucks, trailers, portable moving and storage units, specialty rental items, and self-storage spaces primarily to the household movers; and sells moving supplies, towing accessories, and propane.