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
MWG	MULTI WAYS HOLDINGS LTD	$0.31	$1.22	-75.09%	5.08x	N/A	0.25x	0.43x	0.12x	$8.99M	100.66%	$21.83M	0.75	$15.10M	3.27
CTOS	CUSTOM TRUCK ONE SOURCE INC	$4.83	$6.31	-23.44%	48.30x	10.73x	0.64x	1.30x	0.29x	-$217.82M	-18.76%	$896.68M	3.73	$3.46B	8.87
WSC	WILLSCOT MOBILE MINI HOLDINGS CORP	$40.65	$35.39	14.86%	24.34x	15.00x	3.24x	5.86x	0.54x	$617.55M	7.99%	$1.32B	6.94	$11.46B	11.38
HEES	H&E EQUIPMENT SERVICES INC	$48.97	$44.31	10.51%	10.44x	N/A	1.17x	3.25x	0.92x	-$96.18M	-5.43%	$550.68M	15.21	$3.48B	4.90
HRI	HERC HOLDINGS INC	$155.72	$180.74	-13.85%	12.80x	N/A	1.32x	3.38x	0.48x	$120.00M	2.72%	$1.31B	46.22	$8.97B	6.16
R	RYDER SYSTEM INC	$125.73	$57.31	119.37%	16.02x	N/A	0.46x	1.80x	3.09x	-$142.00M	-2.58%	$3.07B	69.93	$12.82B	4.50
AL	AIR LEASE CORP	$49.27	N/A	N/A	9.89x	N/A	2.02x	0.76x	N/A	-$430.33M	-7.86%	$7.23B	65.05	$24.41B	9.55
HTZ	HERTZ GLOBAL HOLDINGS INC	$5.53	$16.04	-65.52%	7.28x	4.50x	0.18x	0.60x	0.16x	-$954.00M	-56.56%	$2.81B	9.22	$18.59B	5.08
FTAI	FTAI AVIATION LTD	$78.24	N/A	N/A	35.40x	37.62x	6.51x	44.29x	N/A	-$359.44M	-4.58%	$177.07M	1.77	$10.47B	19.15
CAR	AVIS BUDGET GROUP INC	$118.31	N/A	N/A	3.66x	6.50x	0.35x	-8.19x	N/A	-$3.34B	-79.20%	-$515.00M	-14.45	$30.56B	5.80
GATX	GATX CORP	$137.24	$53.22	157.89%	19.52x	N/A	3.38x	2.10x	3.28x	-$1.14B	-23.24%	$2.32B	64.93	$12.26B	12.32
URI	UNITED RENTALS INC	$685.79	$291.35	135.39%	18.54x	17.19x	3.14x	5.62x	2.72x	$2.66B	5.81%	$8.12B	121.94	$58.61B	8.71
ALTG	ALTA EQUIPMENT GROUP INC	$8.60	N/A	N/A	-40.95x	N/A	0.14x	2.08x	N/A	-$1.60M	-0.56%	$136.90M	4.14	$1.48B	7.99
WLFC	WILLIS LEASE FINANCE CORP	$65.86	N/A	N/A	7.41x	N/A	0.94x	0.94x	N/A	$145.17M	34.51%	$461.80M	72.30	$2.07B	7.84
AER	AERCAP HOLDINGS NV	$91.48	N/A	N/A	5.95x	11.35x	2.32x	1.07x	N/A	$1.57B	8.77%	$16.96B	86.61	$62.38B	7.80
MGRC	MCGRATH RENTCORP	$111.60	$39.10	185.44%	21.71x	N/A	3.20x	2.91x	3.59x	-$84.47M	-3.09%	$943.02M	38.47	$3.54B	10.91
FPAY	FLEXSHOPPER INC	$1.11	N/A	N/A	-3.47x	N/A	0.20x	0.83x	N/A	-$24.30M	-101.44%	$29.23M	1.35	$143.11M	1.82
PRG	PROG HOLDINGS INC	$36.36	$22.84	59.18%	14.49x	12.08x	0.66x	2.68x	1.40x	$172.57M	10.86%	$585.09M	13.39	$1.92B	1.07
MPU	MEGA MATRIX CORP	$1.68	N/A	N/A	-14.00x	N/A	6.77x	3.80x	N/A	-$3.18M	-5.36%	$15.89M	0.45	$57.59M	-11.34
UHAL	U-HAUL HOLDING CO	$69.06	$40.14	72.05%	16.63x	N/A	2.37x	1.91x	1.39x	-$828.55M	-6.12%	$7.09B	36.15	$18.24B	9.43
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	$12.52	N/A	N/A	N/A	N/A	N/A	1.83x	N/A	N/A	N/A	$900.71M	6.85	$3.24B	N/A
ZCAR	ZOOMCAR HOLDINGS INC	$0.25	N/A	N/A	-0.16x	N/A	0.05x	-0.37x	N/A	-$43.59M	-5,568.16%	-$26.23M	-8.21	$27.69M	-1.43

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.