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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
Forecast Score
Market Cap
Price
Price Target
Upside/Downside
Top Analysts Upside/Downside
Consensus
Top Analysts Consensus
Analysts
Top Analysts
Fore. Revenue Growth
Fore. Earnings Growth
Forecast ROE
Forecast ROA
R
RYDER SYSTEM INC
$5.79B$132.14$135.002.16%Buy610.32%36.72%24.70%4.59%
AL
AIR LEASE CORP
$5.30B$47.55$55.3316.37%Strong Buy37.63%33.91%20.17%4.72%
FTAI
FTAI AVIATION LTD
$10.23B$102.06$87.50-14.27%Strong Buy1018.23%23.54%314.20%17.52%
MWG
MULTI WAYS HOLDINGS LTD
$13.88M$0.45N/AN/AN/AN/AN/AN/AN/AN/A
HEES
H&E EQUIPMENT SERVICES INC
$1.88B$51.53$63.6723.55%Strong Buy33.99%-12.05%31.03%6.20%
URI
UNITED RENTALS INC
$47.85B$718.64$700.90-2.47%Buy104.33%13.21%42.44%12.93%
GATX
GATX CORP
$5.10B$143.26$131.00-8.56%Buy212.51%6.69%12.22%2.45%
CAR
AVIS BUDGET GROUP INC
$3.63B$101.85$163.1460.18%Strong Buy71.81%-33.07%-80.57%1.24%
CTOS
CUSTOM TRUCK ONE SOURCE INC
$1.13B$4.72$7.7564.19%Buy45.52%29.52%5.53%1.44%
WSC
WILLSCOT MOBILE MINI HOLDINGS CORP
$7.80B$41.01$51.7526.19%Strong Buy86.02%19.50%42.04%8.98%
HRI
HERC HOLDINGS INC
$4.10B$144.66$158.339.45%Buy34.45%12.19%34.31%6.23%
FPAY
FLEXSHOPPER INC
$24.58M$1.13$2.50121.24%Buy131.54%N/A34.98%6.29%
WLFC
WILLIS LEASE FINANCE CORP
$488.80M$74.37N/AN/AN/AN/AN/AN/AN/AN/A
ALTG
ALTA EQUIPMENT GROUP INC
$343.74M$10.37$21.00102.51%Strong Buy21.64%N/A8.47%0.74%
MGRC
MCGRATH RENTCORP
$2.76B$112.42N/AN/AN/AN/A1.80%-1.85%15.97%6.65%
PRG
PROG HOLDINGS INC
$1.46B$33.90$37.5010.62%Buy21.84%13.44%30.33%12.14%
AER
AERCAP HOLDINGS NV
$18.56B$93.58$106.1413.42%Strong Buy71.38%-14.92%13.92%3.32%
EHGO
ESHALLGO INC
N/A$1.91N/AN/AN/AN/AN/AN/AN/AN/A
HTZ
HERTZ GLOBAL HOLDINGS INC
$1.17B$3.81$6.0859.66%Sell63.29%N/A0.12%0.01%
MPU
MEGA MATRIX CORP
$74.48M$2.07N/AN/AN/AN/AN/AN/AN/AN/A
UHAL
U-HAUL HOLDING CO
$12.77B$65.14N/AN/AN/AN/A0.97%-0.33%8.28%3.12%
VSTS
VESTIS CORP
$1.64B$12.51$11.25-10.07%Hold4N/AN/A17.08%4.93%
AAN
AARON's COMPANY INC
$304.42M$9.94$10.081.36%Hold42.15%N/A1.28%0.48%
ZCAR
ZOOMCAR HOLDINGS INC
$10.54M$0.14N/AN/AN/AN/AN/AN/AN/AN/A

Rental & Leasing Service Stocks FAQ

What are the best rental & leasing service stocks to buy right now in Jul 2024?

According to Zen Score, the 3 best rental & leasing service stocks to buy right now are:

1. Ryder System (NYSE:R)


Ryder System (NYSE:R) is the top rental & leasing service stock with a Zen Score of 54, which is 27 points higher than the rental & leasing service industry average of 27. It passed 19 out of 38 due diligence checks and has strong fundamentals. Ryder System has seen its stock return 42.85% over the past year, overperforming other rental & leasing service stocks by 25 percentage points.

Ryder System has an average 1 year price target of $135.00, an upside of 2.16% from Ryder System's current stock price of $132.14.

Ryder System stock has a consensus Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Ryder System, 50% have issued a Strong Buy rating, 0% have issued a Buy, 50% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.

2. Air Lease (NYSE:AL)


Air Lease (NYSE:AL) is the second best rental & leasing service stock with a Zen Score of 52, which is 25 points higher than the rental & leasing service industry average of 27. It passed 19 out of 38 due diligence checks and has strong fundamentals. Air Lease has seen its stock return 7% over the past year, underperforming other rental & leasing service stocks by -11 percentage points.

Air Lease has an average 1 year price target of $55.33, an upside of 16.37% from Air Lease's current stock price of $47.55.

Air Lease stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Air Lease, 66.67% have issued a Strong Buy rating, 33.33% have issued a Buy, 0% 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 18 points higher than the rental & leasing service industry average of 27. It passed 18 out of 38 due diligence checks and has strong fundamentals. Ftai Aviation has seen its stock return 205.66% over the past year, overperforming other rental & leasing service stocks by 188 percentage points.

Ftai Aviation has an average 1 year price target of $87.50, a downside of -14.27% from Ftai Aviation's current stock price of $102.06.

Ftai Aviation stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 10 analysts covering Ftai Aviation, 60% have issued a Strong Buy rating, 20% 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 11 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 9.82%, which is 8 percentage points higher than the rental & leasing service industry average of 2.15%. 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. Alta Equipment Group (NYSE:ALTG)


Alta Equipment Group (NYSE:ALTG) has an annual dividend yield of 2.2%, which is the same as the rental & leasing service industry average of 2.15%.

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

3. Ryder System (NYSE:R)


Ryder System (NYSE:R) has an annual dividend yield of 2.15%, which is the same as the rental & leasing service industry average of 2.15%. 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 down?

Rental & leasing service stocks were down -1.31% in the last day, and up 3.26% 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. Air Lease (NYSE:AL)


Air Lease (NYSE:AL) is the most undervalued rental & leasing service stock based on WallStreetZen's Valuation Score. Air Lease has a valuation score of 71, which is 45 points higher than the rental & leasing service industry average of 26. It passed 5 out of 7 valuation due diligence checks.

Air Lease's stock has gained 7% in the past year. It has underperformed other stocks in the rental & leasing service industry by -11 percentage points.

2. Ryder System (NYSE:R)


Ryder System (NYSE:R) is the second most undervalued rental & leasing service stock based on WallStreetZen's Valuation Score. Ryder System has a valuation score of 71, which is 45 points higher than the rental & leasing service industry average of 26. It passed 5 out of 7 valuation due diligence checks.

Ryder System's stock has gained 42.85% in the past year. It has overperformed other stocks in the rental & leasing service industry by 25 percentage points.

3. Multi Ways Holdings (NYSEMKT:MWG)


Multi Ways Holdings (NYSEMKT:MWG) is the third most undervalued rental & leasing service stock based on WallStreetZen's Valuation Score. Multi Ways Holdings has a valuation score of 71, which is 45 points higher than the rental & leasing service industry average of 26. It passed 5 out of 7 valuation due diligence checks.

Multi Ways Holdings's stock has dropped -26.11% in the past year. It has underperformed other stocks in the rental & leasing service industry by -44 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 5.82% 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 18.38x.
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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.