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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
Zen Score
Valuation Score
Financials Score
Forecast Score
Performance Score
Dividends Score
CTOS
CUSTOM TRUCK ONE SOURCE INC
55
57
57
56
50
WSC
WILLSCOT MOBILE MINI HOLDINGS CORP
46
29
43
33
80
FTAI
FTAI AVIATION LTD
45
29
14
22
80
80
HRI
HERC HOLDINGS INC
43
57
57
11
50
40
HEES
H&E EQUIPMENT SERVICES INC
43
43
29
11
50
80

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Use Zen Score to quickly analyze stock fundamentals, even if you don't have a finance background. We run time-tested due diligence checks inspired by legendary investors like Warren Buffett, and score each company based on how many they pass/fail.

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Rental & Leasing Service Stocks FAQ

What are the best rental & leasing service stocks to buy right now in Mar 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 55, which is 27 points higher than the rental & leasing service industry average of 28. It passed 18 out of 33 due diligence checks and has strong fundamentals. Custom Truck One Source has seen its stock lose -14.05% over the past year, underperforming other rental & leasing service stocks by -55 percentage points.

Custom Truck One Source has an average 1 year price target of $8.60, an upside of 49.57% from Custom Truck One Source's current stock price of $5.75.

Custom Truck One Source stock has a consensus Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Custom Truck One Source, 40% have issued a Strong Buy rating, 40% have issued a Buy, 20% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Willscot Mobile Mini Holdings (NASDAQ:WSC)


Willscot Mobile Mini Holdings (NASDAQ:WSC) is the second best rental & leasing service stock with a Zen Score of 46, which is 18 points higher than the rental & leasing service industry average of 28. It passed 16 out of 33 due diligence checks and has strong fundamentals. Willscot Mobile Mini Holdings has seen its stock return 2.76% over the past year, underperforming other rental & leasing service stocks by -38 percentage points.

Willscot Mobile Mini Holdings has an average 1 year price target of $55.00, an upside of 19.31% from Willscot Mobile Mini Holdings's current stock price of $46.10.

Willscot Mobile Mini Holdings stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Willscot Mobile Mini Holdings, 66.67% have issued a Strong Buy rating, 16.67% have issued a Buy, 16.67% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

3. Ftai Aviation (NASDAQ:FTAI)


Ftai Aviation (NASDAQ:FTAI) is the third best rental & leasing service stock with a Zen Score of 45, which is 17 points higher than the rental & leasing service industry average of 28. It passed 17 out of 38 due diligence checks and has strong fundamentals. Ftai Aviation has seen its stock return 175.36% over the past year, overperforming other rental & leasing service stocks by 134 percentage points.

Ftai Aviation has an average 1 year price target of $66.20, a downside of -0.78% from Ftai Aviation's current stock price of $66.72.

Ftai Aviation stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 5 analysts covering Ftai Aviation, 80% have issued a Strong Buy rating, 0% have issued a Buy, 20% 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 8.11%, which is 6 percentage points higher than the rental & leasing service industry average of 2.29%. 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 2.32%, which is the same as the rental & leasing service industry average of 2.29%. 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 30.9% indicates that its dividend yield is sustainable for the long-term.

3. Ftai Aviation (NASDAQ:FTAI)


Ftai Aviation (NASDAQ:FTAI) has an annual dividend yield of 1.8%, which is the same as the rental & leasing service industry average of 2.29%. Ftai Aviation's dividend payout is stable, having never dropped by more than 10% in the last 10 years. Ftai Aviation's dividend has shown consistent growth over the last 10 years.

Ftai Aviation's dividend payout ratio of 56.6% indicates that its dividend yield is sustainable for the long-term.

Why are rental & leasing service stocks up?

Rental & leasing service stocks were up 1.78% in the last day, and up 2.47% 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 39 points higher than the rental & leasing service industry average of 32. It passed 5 out of 7 valuation due diligence checks.

Hertz Global Holdings's stock has dropped -47.87% in the past year. It has underperformed other stocks in the rental & leasing service industry by -89 percentage points.

2. Avis Budget Group (NASDAQ:CAR)


Avis Budget Group (NASDAQ:CAR) is the second most undervalued rental & leasing service stock based on WallStreetZen's Valuation Score. Avis Budget Group 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.

Avis Budget Group's stock has dropped -31.47% in the past year. It has underperformed other stocks in the rental & leasing service industry by -72 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 -14.05% in the past year. It has underperformed other stocks in the rental & leasing service industry by -55 percentage points.

Are rental & leasing service stocks a good buy now?

47.06% of rental & leasing service stocks rated by analysts are a buy right now. On average, analysts expect rental & leasing service stocks to fall by -3.27% 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 16.24x.
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