Sectors & Industries IndustrialsRental & Leasing Services
Best Rental & Leasing Service Stocks to Buy Now (2024)
Top rental & leasing service stocks in 2024 ranked by overall Zen Score. See the best rental & leasing service stocks to buy now, according to analyst forecasts for the rental & leasing services industry.

Industry: Rental & Leasing Services

Financials Forecast Earnings & Revenue Dividends Ownership Technicals

Ticker	Company	Price	Graham Fair Value	Graham Fair Value %	P/E	Forward P/E	P/S	P/B	PEG	Free Cash Flow	Free Cash Flow Yield	Book Value	BVPS	EV	EV/EBITDA
CTOS	CUSTOM TRUCK ONE SOURCE INC	$4.60	$6.31	-27.09%	46.00x	10.22x	0.61x	1.23x	0.28x	-$217.82M	-19.70%	$896.68M	3.73	$3.41B	8.73
HEES	H&E EQUIPMENT SERVICES INC	$48.57	$44.31	9.61%	10.36x	N/A	1.16x	3.22x	0.92x	-$96.18M	-5.47%	$550.68M	15.21	$3.47B	4.88
WSC	WILLSCOT MOBILE MINI HOLDINGS CORP	$39.60	$35.39	11.89%	23.71x	14.61x	3.16x	5.70x	0.53x	$617.55M	8.20%	$1.32B	6.94	$11.26B	11.19
HRI	HERC HOLDINGS INC	$156.27	$180.74	-13.54%	12.84x	N/A	1.32x	3.39x	0.48x	$120.00M	2.71%	$1.31B	46.22	$8.99B	6.17
R	RYDER SYSTEM INC	$126.90	$57.31	121.41%	16.17x	N/A	0.47x	1.81x	3.12x	-$142.00M	-2.55%	$3.07B	69.93	$12.87B	4.52
HTZ	HERTZ GLOBAL HOLDINGS INC	$6.00	$16.04	-62.59%	7.89x	4.88x	0.19x	0.65x	0.18x	-$954.00M	-52.13%	$2.81B	9.22	$18.73B	5.12
AL	AIR LEASE CORP	$49.40	N/A	N/A	9.92x	N/A	2.03x	0.76x	N/A	-$430.33M	-7.84%	$7.23B	65.05	$24.43B	9.56
FTAI	FTAI AVIATION LTD	$78.48	N/A	N/A	35.51x	37.73x	6.53x	44.43x	N/A	-$359.44M	-4.57%	$177.07M	1.77	$10.50B	19.20
CAR	AVIS BUDGET GROUP INC	$127.91	N/A	N/A	3.96x	7.03x	0.38x	-8.85x	N/A	-$3.34B	-73.25%	-$515.00M	-14.45	$30.90B	5.87
GATX	GATX CORP	$136.37	$53.22	156.26%	19.40x	N/A	3.36x	2.09x	3.26x	-$1.14B	-23.39%	$2.32B	64.93	$12.23B	12.29
URI	UNITED RENTALS INC	$694.47	$291.35	138.37%	18.77x	17.41x	3.18x	5.70x	2.75x	$2.66B	5.74%	$8.12B	121.94	$59.19B	8.79
ALTG	ALTA EQUIPMENT GROUP INC	$8.85	N/A	N/A	-42.14x	N/A	0.14x	2.14x	N/A	-$1.60M	-0.54%	$136.90M	4.14	$1.48B	8.03
AER	AERCAP HOLDINGS NV	$90.75	N/A	N/A	5.90x	11.26x	2.30x	1.06x	N/A	$1.57B	8.84%	$16.96B	86.61	$62.24B	7.79
WLFC	WILLIS LEASE FINANCE CORP	$64.04	N/A	N/A	7.20x	N/A	0.91x	0.91x	N/A	$145.17M	35.49%	$461.80M	72.30	$2.06B	7.80
MGRC	MCGRATH RENTCORP	$109.07	$39.10	178.97%	21.22x	N/A	3.12x	2.84x	3.51x	-$84.47M	-3.16%	$943.02M	38.47	$3.47B	10.72
FPAY	FLEXSHOPPER INC	$1.10	N/A	N/A	-3.44x	N/A	0.20x	0.82x	N/A	-$24.30M	-102.36%	$29.23M	1.35	$142.90M	1.82
PRG	PROG HOLDINGS INC	$35.85	$22.84	56.94%	14.28x	11.91x	0.65x	2.65x	1.38x	$172.57M	11.02%	$585.09M	13.39	$1.90B	1.06
MPU	MEGA MATRIX CORP	$1.70	N/A	N/A	-14.17x	N/A	6.85x	3.85x	N/A	-$3.18M	-5.29%	$15.89M	0.45	$58.31M	-11.48
MWG	MULTI WAYS HOLDINGS LTD	$0.31	N/A	N/A	-1.91x	N/A	0.29x	0.56x	N/A	N/A	N/A	$16.77M	0.54	$22.13M	N/A
UHAL	U-HAUL HOLDING CO	$69.11	$40.14	72.18%	16.64x	N/A	2.37x	1.91x	1.39x	-$828.55M	-6.11%	$7.09B	36.15	$18.25B	9.44
AAN	AARON's COMPANY INC	$7.59	N/A	N/A	-9.73x	2.77x	0.11x	0.35x	N/A	$27.55M	11.86%	$670.54M	21.90	$895.65M	1.38
VSTS	VESTIS CORP	$12.59	N/A	N/A	N/A	N/A	N/A	1.84x	N/A	N/A	N/A	$900.71M	6.85	$3.24B	N/A
ZCAR	ZOOMCAR HOLDINGS INC	$0.30	N/A	N/A	-0.20x	N/A	0.06x	-0.45x	N/A	-$43.59M	-4,547.33%	-$26.23M	-8.21	$29.87M	-1.54

Rental & Leasing Service Stocks FAQ

What are the best rental & leasing service stocks to buy right now in May 2024?

According to Zen Score, the 3 best rental & leasing service stocks to buy right now are:

1. Custom Truck One Source (NYSE:CTOS)

Custom Truck One Source (NYSE:CTOS) is the top rental & leasing service stock with a Zen Score of 43, which is 17 points higher than the rental & leasing service industry average of 26. It passed 14 out of 33 due diligence checks and has strong fundamentals. Custom Truck One Source has seen its stock lose -29.45% over the past year, underperforming other rental & leasing service stocks by -73 percentage points.

Custom Truck One Source has an average 1 year price target of $8.00, an upside of 73.91% from Custom Truck One Source's current stock price of $4.60.

Custom Truck One Source stock has a consensus Buy recommendation according to Wall Street analysts. Of the 4 analysts covering Custom Truck One Source, 25% have issued a Strong Buy rating, 50% have issued a Buy, 25% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. H&E Equipment Services (NASDAQ:HEES)

H&E Equipment Services (NASDAQ:HEES) is the second best rental & leasing service stock with a Zen Score of 40, which is 14 points higher than the rental & leasing service industry average of 26. It passed 14 out of 38 due diligence checks and has average fundamentals. H&E Equipment Services has seen its stock return 35.86% over the past year, underperforming other rental & leasing service stocks by -8 percentage points.

H&E Equipment Services has an average 1 year price target of $64.00, an upside of 31.77% from H&E Equipment Services's current stock price of $48.57.

H&E Equipment Services stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 2 analysts covering H&E Equipment Services, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Willscot Mobile Mini Holdings (NASDAQ:WSC)

Willscot Mobile Mini Holdings (NASDAQ:WSC) is the third best rental & leasing service stock with a Zen Score of 40, which is 14 points higher than the rental & leasing service industry average of 26. It passed 14 out of 33 due diligence checks and has average fundamentals. Willscot Mobile Mini Holdings has seen its stock lose -11.25% over the past year, underperforming other rental & leasing service stocks by -55 percentage points.

Willscot Mobile Mini Holdings has an average 1 year price target of $51.00, an upside of 28.79% from Willscot Mobile Mini Holdings's current stock price of $39.60.

Willscot Mobile Mini Holdings stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 9 analysts covering Willscot Mobile Mini Holdings, 55.56% have issued a Strong Buy rating, 22.22% have issued a Buy, 22.22% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

What are the rental & leasing service stocks with highest dividends?

Out of 10 rental & leasing service stocks that have issued dividends in the past year, the 3 rental & leasing service stocks with the highest dividend yields are:

1. Avis Budget Group (NASDAQ:CAR)

Avis Budget Group (NASDAQ:CAR) has an annual dividend yield of 7.82%, which is 5 percentage points higher than the rental & leasing service industry average of 2.39%. Avis Budget Group's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Avis Budget Group's dividend has not shown consistent growth over the last 10 years.

Avis Budget Group's dividend payout ratio of 30.9% indicates that its high dividend yield is sustainable for the long-term.

2. Alta Equipment Group (NYSE:ALTG)

Alta Equipment Group (NYSE:ALTG) has an annual dividend yield of 2.58%, which is the same as the rental & leasing service industry average of 2.39%.

Alta Equipment Group's dividend payout ratio of -108.6% indicates that its dividend yield might not be sustainable for the long-term.

3. H&E Equipment Services (NASDAQ:HEES)

H&E Equipment Services (NASDAQ:HEES) has an annual dividend yield of 2.26%, which is the same as the rental & leasing service industry average of 2.39%. H&E Equipment Services's dividend payout is stable, having never dropped by more than 10% in the last 10 years. H&E Equipment Services's dividend has shown consistent growth over the last 10 years.

H&E Equipment Services's dividend payout ratio of 23.5% indicates that its dividend yield is sustainable for the long-term.

Why are rental & leasing service stocks up?

Rental & leasing service stocks were up 0.46% in the last day, and up 3.19% over the last week. Hertz Global Holdings was the among the top gainers in the rental & leasing services industry, gaining 9.69% yesterday.

Shares of 'meme stocks' and high-short interest stocks are trading higher amid a renewed surge in the space after popular retail trader 'Roaring Kitty' returned to social media.

What are the most undervalued rental & leasing service stocks?

Based on WallStreetZen's Valuation Score, the 3 most undervalued rental & leasing service stocks right now are:

1. Hertz Global Holdings (NASDAQ:HTZ)

Hertz Global Holdings (NASDAQ:HTZ) is the most undervalued rental & leasing service stock based on WallStreetZen's Valuation Score. Hertz Global Holdings has a valuation score of 71, which is 44 points higher than the rental & leasing service industry average of 27. It passed 5 out of 7 valuation due diligence checks.

Hertz Global Holdings's stock has dropped -61.95% in the past year. It has underperformed other stocks in the rental & leasing service industry by -105 percentage points.

2. Herc Holdings (NYSE:HRI)

Herc Holdings (NYSE:HRI) is the second most undervalued rental & leasing service stock based on WallStreetZen's Valuation Score. Herc Holdings has a valuation score of 57, which is 30 points higher than the rental & leasing service industry average of 27. It passed 4 out of 7 valuation due diligence checks.

Herc Holdings's stock has gained 51.87% in the past year. It has overperformed other stocks in the rental & leasing service industry by 8 percentage points.

3. Air Lease (NYSE:AL)

Air Lease (NYSE:AL) is the third most undervalued rental & leasing service stock based on WallStreetZen's Valuation Score. Air Lease has a valuation score of 43, which is 16 points higher than the rental & leasing service industry average of 27. It passed 3 out of 7 valuation due diligence checks.

Air Lease's stock has gained 28.18% in the past year. It has underperformed other stocks in the rental & leasing service industry by -15 percentage points.

Are rental & leasing service stocks a good buy now?

41.18% of rental & leasing service stocks rated by analysts are a strong buy right now. On average, analysts expect rental & leasing service stocks to rise by 2.05% over the next year.

What is the average p/e ratio of the rental & leasing services industry?

The average P/E ratio of the rental & leasing services industry is 16.35x.

WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.