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

Overview Zen Score Price Valuation Financials Forecast Earnings & Revenue

Ticker	Company	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	$1.23B	$1.87B	$408.38M	$50.71M	$0.21	18.56%	49.92%	31.25%	N/A	2024-06-14
HTZ	HERTZ GLOBAL HOLDINGS INC	$1.35B	$9.40B	$3.66B	$234.00M	$0.76	5.40%	N/A	-85.10%	N/A	2024-05-22
WSC	WILLSCOT MOBILE MINI HOLDINGS CORP	$7.36B	$2.36B	$1.15B	$476.46M	$2.40	10.37%	25.77%	52.87%	N/A	2024-06-11
HEES	H&E EQUIPMENT SERVICES INC	$2.14B	$1.47B	$692.10M	$169.29M	$4.69	18.06%	3.47%	27.45%	16.88%	2024-05-16
FTAI	FTAI AVIATION LTD	$7.09B	$1.20B	$546.71M	$220.70M	$2.21	32.49%	25.43%	590.63%	N/A
HRI	HERC HOLDINGS INC	$4.32B	$3.35B	$1.46B	$345.00M	$12.17	14.90%	10.61%	5.83%	36.69%	2024-05-16
CAR	AVIS BUDGET GROUP INC	$3.57B	$12.01B	$5.66B	$1.63B	$42.57	0.12%	5.65%	-27.12%	82.90%	2024-05-22
FPAY	FLEXSHOPPER INC	$22.40M	$116.98M	$77.86M	-$8.34M	-$0.38	3.47%	13.73%	N/A	N/A	2024-05-09
R	RYDER SYSTEM INC	$5.34B	$11.93B	$2.85B	$352.00M	$7.85	-1.49%	6.54%	-53.82%	7.10%	2024-06-13
AL	AIR LEASE CORP	$5.74B	$2.68B	$2.53B	$572.92M	$5.16	15.87%	9.84%	N/A	1.12%	2024-05-06
GATX	GATX CORP	$4.54B	$1.45B	$994.50M	$256.10M	$7.03	12.09%	4.11%	57.98%	8.16%
URI	UNITED RENTALS INC	$46.00B	$14.53B	$6.73B	$2.52B	$36.99	17.17%	11.51%	18.33%	22.70%	2024-05-09
ALTG	ALTA EQUIPMENT GROUP INC	$378.38M	$2.01B	$192.10M	$5.90M	$0.18	19.00%	34.69%	-10.00%	N/A	2024-06-07
WLFC	WILLIS LEASE FINANCE CORP	$313.59M	$418.56M	$236.85M	$40.37M	$6.40	34.18%	3.74%	1,728.57%	-1.06%	2024-05-22
MGRC	MCGRATH RENTCORP	$2.74B	$855.95M	$324.13M	$125.81M	$5.14	26.93%	10.68%	-25.29%	8.30%	2024-06-06
AAN	AARON's COMPANY INC	$214.66M	$2.14B	$683.65M	$2.82M	$0.09	-4.87%	3.58%	N/A	-43.03%	2024-05-15
AER	AERCAP HOLDINGS NV	$17.31B	$7.58B	$7.71B	$3.14B	$13.99	8.08%	9.57%	N/A	14.85%	2024-05-08
PRG	PROG HOLDINGS INC	$1.47B	$2.39B	$1.79B	$112.77M	$2.51	-5.80%	-9.23%	4.15%	-3.05%	2024-05-15
MPU	MEGA MATRIX CORP	$89.69M	$58.20k	-$4.59M	-$4.06M	-$0.13	-96.98%	-70.74%	N/A	N/A	2024-05-10
UHAL	U-HAUL HOLDING CO	$12.73B	$5.72B	$1.93B	$667.31M	$4.15	-2.66%	8.51%	-38.31%	16.38%	2024-05-28
MWG	MULTI WAYS HOLDINGS LTD	$10.49M	$32.64M	N/A	-$5.13M	-$0.16	-20.00%	N/A	N/A	N/A
VSTS	VESTIS CORP	$2.48B	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
ZCAR	ZOOMCAR HOLDINGS INC	$13.50M	$16.54M	-$19.38M	-$86.93M	-$1.50	-15.55%	N/A	N/A	N/A

Rental & Leasing Service Stocks FAQ

What are the best rental & leasing service stocks to buy right now in Apr 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 57, which is 28 points higher than the rental & leasing service industry average of 29. It passed 19 out of 33 due diligence checks and has strong fundamentals. Custom Truck One Source has seen its stock lose -18.99% over the past year, underperforming other rental & leasing service stocks by -54 percentage points.

Custom Truck One Source has an average 1 year price target of $8.75, an upside of 70.9% from Custom Truck One Source's current stock price of $5.12.

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. Hertz Global Holdings (NASDAQ:HTZ)

Hertz Global Holdings (NASDAQ:HTZ) is the second best rental & leasing service stock with a Zen Score of 44, which is 15 points higher than the rental & leasing service industry average of 29. It passed 14 out of 33 due diligence checks and has strong fundamentals. Hertz Global Holdings has seen its stock lose -70.83% over the past year, underperforming other rental & leasing service stocks by -105 percentage points.

Hertz Global Holdings has an average 1 year price target of $6.83, an upside of 54.59% from Hertz Global Holdings's current stock price of $4.42.

Hertz Global Holdings stock has a consensus Sell recommendation according to Wall Street analysts. Of the 6 analysts covering Hertz Global Holdings, 0% have issued a Strong Buy rating, 0% have issued a Buy, 66.67% have issued a hold, while 16.67% have issued a Sell rating, and 16.67% 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 43, which is 14 points higher than the rental & leasing service industry average of 29. It passed 15 out of 33 due diligence checks and has strong fundamentals. Willscot Mobile Mini Holdings has seen its stock lose -9.57% over the past year, underperforming other rental & leasing service stocks by -44 percentage points.

Willscot Mobile Mini Holdings has an average 1 year price target of $51.13, an upside of 32.04% from Willscot Mobile Mini Holdings's current stock price of $38.72.

Willscot Mobile Mini Holdings stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 8 analysts covering Willscot Mobile Mini Holdings, 50% have issued a Strong Buy rating, 25% have issued a Buy, 25% 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 9.93%, which is 7 percentage points higher than the rental & leasing service industry average of 2.53%. 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 23.5% indicates that its high dividend yield is sustainable for the long-term.

2. Ryder System (NYSE:R)

Ryder System (NYSE:R) has an annual dividend yield of 2.26%, which is the same as the rental & leasing service industry average of 2.53%. 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.

3. Alta Equipment Group (NYSE:ALTG)

Alta Equipment Group (NYSE:ALTG) has an annual dividend yield of 1.95%, which is -1 percentage points lower than the rental & leasing service industry average of 2.53%.

Alta Equipment Group's dividend payout ratio of 126.7% indicates that its dividend yield might not be sustainable for the long-term.

Why are rental & leasing service stocks down?

Rental & leasing service stocks were down -0.09% in the last day, and up 4.92% over the last week.

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

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 100, which is 68 points higher than the rental & leasing service industry average of 32. It passed 7 out of 7 valuation due diligence checks.

Hertz Global Holdings's stock has dropped -70.83% 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 25 points higher than the rental & leasing service industry average of 32. It passed 4 out of 7 valuation due diligence checks.

Herc Holdings's stock has gained 50.96% in the past year. It has overperformed other stocks in the rental & leasing service industry by 16 percentage points.

3. Custom Truck One Source (NYSE:CTOS)

Custom Truck One Source (NYSE:CTOS) is the third most undervalued rental & leasing service stock based on WallStreetZen's Valuation Score. Custom Truck One Source has a valuation score of 57, which is 25 points higher than the rental & leasing service industry average of 32. It passed 4 out of 7 valuation due diligence checks.

Custom Truck One Source's stock has dropped -18.99% in the past year. It has underperformed other stocks in the rental & leasing service industry by -54 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 5.32% 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 15.67x.

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.