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 Dividends Ownership Technicals

Ticker	Company	Price	Volume	Vol 1d %	SMA 10	SMA 20	SMA 50	SMA 100	SMA 200	RSI	Stochastic %K	Stochastic %D	StochRSI %K	StochRSI %D	MACD	MACD Signal	MACD Histogram	Beta
MWG	MULTI WAYS HOLDINGS LTD	$0.31	20,786	-44.19%	0.31	0.33	0.33	0.31	0.33	43.96	14.37	13.35	21.30	18.75	-0.01	-0.00	-0.00	-0.17
CTOS	CUSTOM TRUCK ONE SOURCE INC	$4.83	983,689	29.76%	4.44	4.72	5.22	5.83	5.98	48.87	70.40	64.46	98.49	98.49	-0.22	-0.28	0.06	0.89
WSC	WILLSCOT MOBILE MINI HOLDINGS CORP	$40.65	2,020,227	41.18%	39.69	38.76	41.88	44.18	42.53	53.95	83.98	78.05	90.22	85.76	-0.37	-0.83	0.46	1.28
HEES	H&E EQUIPMENT SERVICES INC	$48.97	182,226	-50.51%	48.75	51.26	57.24	55.16	49.98	38.34	35.70	31.94	74.69	66.34	-2.72	-2.88	0.15	1.35
HRI	HERC HOLDINGS INC	$155.72	153,875	-25.52%	154.47	152.12	157.62	153.44	138.19	51.91	83.42	85.63	85.79	90.19	0.07	-1.06	1.13	1.80
R	RYDER SYSTEM INC	$125.73	172,324	-41.14%	126.21	123.82	118.70	116.21	109.50	58.56	68.94	77.14	34.35	48.18	2.55	2.59	-0.04	1.14
AL	AIR LEASE CORP	$49.27	602,159	8.99%	49.43	50.21	49.13	45.22	41.97	48.57	57.29	55.98	34.24	31.72	0.09	0.31	-0.22	1.47
HTZ	HERTZ GLOBAL HOLDINGS INC	$5.53	4,904,485	-19.58%	5.28	5.13	6.46	7.50	9.87	48.34	50.71	57.61	78.26	85.61	-0.26	-0.43	0.17	1.53
FTAI	FTAI AVIATION LTD	$78.24	1,073,536	225.42%	78.41	75.75	69.87	61.02	49.41	61.04	78.46	77.79	60.44	62.85	2.69	2.80	-0.11	1.16
CAR	AVIS BUDGET GROUP INC	$118.31	841,329	138.72%	121.66	112.40	114.13	131.23	162.41	53.11	69.87	77.49	72.78	83.28	2.84	1.56	1.27	1.85
GATX	GATX CORP	$137.24	107,756	-30.24%	133.73	130.09	130.71	127.17	119.84	67.78	93.03	92.52	96.39	96.77	1.96	0.92	1.04	0.99
URI	UNITED RENTALS INC	$685.79	350,915	-26.08%	689.32	679.32	683.21	652.11	557.52	51.30	67.65	73.98	54.64	63.54	4.79	2.93	1.86	1.48
ALTG	ALTA EQUIPMENT GROUP INC	$8.60	321,913	-14.01%	9.70	10.61	11.53	11.50	11.78	26.49	6.01	6.32	15.27	12.54	-0.90	-0.62	-0.28	1.00
WLFC	WILLIS LEASE FINANCE CORP	$65.86	17,368	256.85%	62.12	56.05	51.96	50.07	46.97	87.84	89.10	86.94	98.08	98.18	4.17	3.14	1.03	1.06
AER	AERCAP HOLDINGS NV	$91.48	1,198,104	-18.29%	90.43	88.09	86.23	81.24	72.67	61.40	79.67	80.85	64.62	67.28	1.85	1.54	0.31	1.40
MGRC	MCGRATH RENTCORP	$111.60	103,637	-24.79%	109.55	109.08	115.01	117.86	109.74	51.66	62.84	51.65	87.94	85.11	-1.43	-2.00	0.57	0.98
FPAY	FLEXSHOPPER INC	$1.11	118,781	38.22%	1.12	1.08	1.16	1.25	1.23	49.25	61.40	58.07	63.63	62.51	-0.01	-0.02	0.01	0.97
PRG	PROG HOLDINGS INC	$36.36	230,864	41.53%	35.50	34.68	33.51	32.26	31.80	66.79	90.37	85.38	100.00	96.18	0.86	0.69	0.17	1.39
MPU	MEGA MATRIX CORP	$1.68	94,416	-55.30%	1.93	2.15	2.51	2.60	1.82	26.00	6.08	5.98	26.19	22.36	-0.24	-0.19	-0.05	1.22
UHAL	U-HAUL HOLDING CO	$69.06	40,974	-28.88%	68.68	66.73	66.13	66.34	61.34	64.00	88.94	89.63	91.61	91.21	1.09	0.79	0.30	0.91
AAN	AARON's COMPANY INC	$7.59	146,106	-12.46%	7.44	7.28	7.24	8.70	9.41	56.71	76.68	77.15	86.08	87.67	0.05	-0.02	0.06	1.17
VSTS	VESTIS CORP	$12.52	1,773,082	-24.20%	11.68	14.31	16.92	18.63	N/A	35.94	37.60	37.15	70.95	66.51	-1.62	-1.72	0.09	0.77
ZCAR	ZOOMCAR HOLDINGS INC	$0.25	679,387	-2.90%	0.29	0.32	0.53	1.91	6.19	25.77	10.46	9.91	0.00	27.45	-0.09	-0.11	0.02	0.22

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. Multi Ways Holdings (NYSEMKT:MWG)

Multi Ways Holdings (NYSEMKT:MWG) is the top rental & leasing service stock with a Zen Score of 44, which is 17 points higher than the rental & leasing service industry average of 27. It passed 14 out of 33 due diligence checks and has strong fundamentals. Multi Ways Holdings has seen its stock lose -54.68% over the past year, underperforming other rental & leasing service stocks by -96 percentage points.

2. Custom Truck One Source (NYSE:CTOS)

Custom Truck One Source (NYSE:CTOS) is the second best rental & leasing service stock with a Zen Score of 43, which is 16 points higher than the rental & leasing service industry average of 27. It passed 14 out of 33 due diligence checks and has strong fundamentals. Custom Truck One Source has seen its stock lose -28.13% over the past year, underperforming other rental & leasing service stocks by -69 percentage points.

Custom Truck One Source has an average 1 year price target of $8.00, an upside of 65.63% from Custom Truck One Source's current stock price of $4.83.

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.

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

H&E Equipment Services (NASDAQ:HEES) is the third best rental & leasing service stock with a Zen Score of 40, which is 13 points higher than the rental & leasing service industry average of 27. It passed 14 out of 38 due diligence checks and has average fundamentals. H&E Equipment Services has seen its stock return 32.35% over the past year, underperforming other rental & leasing service stocks by -9 percentage points.

H&E Equipment Services has an average 1 year price target of $64.00, an upside of 30.69% from H&E Equipment Services's current stock price of $48.97.

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.

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 8.45%, which is 6 percentage points higher than the rental & leasing service industry average of 2.52%. 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. Ryder System (NYSE:R)

Ryder System (NYSE:R) has an annual dividend yield of 2.75%, which is the same as the rental & leasing service industry average of 2.52%. 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 2.65%, which is the same as the rental & leasing service industry average of 2.52%.

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

Why are rental & leasing service stocks up?

Rental & leasing service stocks were up 0.51% in the last day, and down -0.23% 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 41 points higher than the rental & leasing service industry average of 30. It passed 5 out of 7 valuation due diligence checks.

Hertz Global Holdings's stock has dropped -66.18% in the past year. It has underperformed other stocks in the rental & leasing service industry by -107 percentage points.

2. Multi Ways Holdings (NYSEMKT:MWG)

Multi Ways Holdings (NYSEMKT:MWG) is the second most undervalued rental & leasing service stock based on WallStreetZen's Valuation Score. Multi Ways Holdings has a valuation score of 71, which is 41 points higher than the rental & leasing service industry average of 30. It passed 5 out of 7 valuation due diligence checks.

Multi Ways Holdings's stock has dropped -54.68% in the past year. It has underperformed other stocks in the rental & leasing service industry by -96 percentage points.

3. Herc Holdings (NYSE:HRI)

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

Herc Holdings's stock has gained 47.84% in the past year. It has overperformed other stocks in the rental & leasing service industry by 7 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 3.15% 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 16.37x.

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.