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Sectors & IndustriesIndustrialsRental & 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
Ticker
Company
Performance Score
Market Cap
Revenue
EBITDA
Earnings
EPS
Revenue Growth Y/Y
Revenue Growth 5Y
Earnings Growth Y/Y
Earnings Growth 5Y
Earnings Date
CTOS
CUSTOM TRUCK ONE SOURCE INC
$1.10B$1.82B$390.25M$22.58M$0.109.98%56.51%-56.52%N/A
HEES
H&E EQUIPMENT SERVICES INC
$1.80B$1.52B$711.12M$169.51M$4.6917.27%3.28%19.34%15.52%2024-05-16
WSC
WILLSCOT MOBILE MINI HOLDINGS CORP
$7.47B$2.39B$1.01B$321.81M$1.675.74%22.35%-29.54%N/A
HRI
HERC HOLDINGS INC
$4.49B$3.35B$1.46B$345.00M$12.1714.90%10.61%5.83%36.69%2024-05-16
R
RYDER SYSTEM INC
$5.51B$11.93B$2.85B$352.00M$7.85-1.49%6.54%-53.82%7.10%2024-06-13
HTZ
HERTZ GLOBAL HOLDINGS INC
$1.67B$9.40B$3.66B$234.00M$0.765.40%N/A-85.10%N/A2024-05-22
AL
AIR LEASE CORP
$5.44B$2.71B$2.56B$552.07M$4.9815.08%8.98%20.58%-0.32%
FTAI
FTAI AVIATION LTD
$7.68B$1.20B$546.71M$220.70M$2.2132.49%25.43%590.63%N/A
CAR
AVIS BUDGET GROUP INC
$4.40B$12.00B$5.27B$1.21B$32.34-0.97%5.75%-43.34%74.13%2024-05-22
GATX
GATX CORP
$4.81B$1.45B$994.50M$256.10M$7.0312.09%4.11%57.98%8.16%
URI
UNITED RENTALS INC
$46.39B$14.53B$6.73B$2.52B$36.9917.17%11.51%18.33%22.70%
ALTG
ALTA EQUIPMENT GROUP INC
$283.74M$2.03B$184.90M-$7.00M-$0.2113.98%29.16%N/AN/A
WLFC
WILLIS LEASE FINANCE CORP
$421.82M$448.10M$264.46M$56.76M$8.8934.71%3.26%95.38%-0.68%
AER
AERCAP HOLDINGS NV
$17.79B$7.73B$7.99B$3.31B$15.379.08%10.07%116.17%17.37%
PRG
PROG HOLDINGS INC
$1.53B$2.39B$1.79B$112.77M$2.51-5.80%-9.23%4.15%-3.05%2024-05-15
MGRC
MCGRATH RENTCORP
$2.65B$855.95M$324.13M$125.81M$5.1426.93%10.68%-25.29%8.30%2024-06-06
FPAY
FLEXSHOPPER INC
$23.99M$120.13M$78.58M-$8.42M-$0.324.57%11.58%N/AN/A
MPU
MEGA MATRIX CORP
$66.92M$8.75M-$5.08M-$4.49M-$0.12489.80%-20.05%N/AN/A2024-05-20
UHAL
U-HAUL HOLDING CO
$13.43B$5.72B$1.93B$667.31M$4.15-2.66%8.51%-38.31%16.38%2024-05-28
MWG
MULTI WAYS HOLDINGS LTD
$9.44M$32.64MN/A-$5.13M-$0.16-20.00%N/AN/AN/A
AAN
AARON's COMPANY INC
$230.61M$2.10B$646.82M-$24.16M-$0.78-10.68%N/AN/AN/A
VSTS
VESTIS CORP
$1.61BN/AN/AN/AN/AN/AN/AN/AN/A
ZCAR
ZOOMCAR HOLDINGS INC
$12.11M$16.54M-$19.38M-$86.93M-$1.50-15.55%N/AN/AN/A

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 -30.06% 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 75.44% from Custom Truck One Source's current stock price of $4.56.

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 37.82% over the past year, underperforming other rental & leasing service stocks by -5 percentage points.

H&E Equipment Services has an average 1 year price target of $64.00, an upside of 29.9% from H&E Equipment Services's current stock price of $49.27.

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 -11.92% 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 29.77% from Willscot Mobile Mini Holdings's current stock price of $39.30.

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 8.09%, which is 6 percentage points higher than the rental & leasing service industry average of 2.36%. 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. H&E Equipment Services (NASDAQ:HEES)


H&E Equipment Services (NASDAQ:HEES) has an annual dividend yield of 2.23%, which is the same as the rental & leasing service industry average of 2.36%. 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.

3. Ryder System (NYSE:R)


Ryder System (NYSE:R) has an annual dividend yield of 2.19%, which is the same as the rental & leasing service industry average of 2.36%. Ryder System's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Ryder System's dividend has shown consistent growth over the last 10 years.

Ryder System's dividend payout ratio of 35% indicates that its dividend yield is sustainable for the long-term.

Why are rental & leasing service stocks up?

Rental & leasing service stocks were up 0.02% in the last day, and up 2.1% over the last week.

We couldn't find a catalyst for why rental & leasing service stocks are up.

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 -65.31% in the past year. It has underperformed other stocks in the rental & leasing service industry by -108 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 53.68% in the past year. It has overperformed other stocks in the rental & leasing service industry by 11 percentage points.

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


H&E Equipment Services (NASDAQ:HEES) is the third most undervalued rental & leasing service stock based on WallStreetZen's Valuation Score. H&E Equipment Services 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.

H&E Equipment Services's stock has gained 37.82% in the past year. It has underperformed other stocks in the rental & leasing service industry by -5 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 2.49% 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 16.28x.
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