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Sectors & IndustriesIndustrialsRental & 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
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
CTOS
CUSTOM TRUCK ONE SOURCE INC
$1.09B$4.53$8.2582.12%Buy47.40%182.84%N/AN/A
WSC
WILLSCOT MOBILE MINI HOLDINGS CORP
$7.68B$40.37$51.0026.33%Strong Buy96.44%49.85%N/AN/A
HEES
H&E EQUIPMENT SERVICES INC
$1.82B$49.78$64.0028.57%Strong Buy24.80%N/AN/AN/A
HRI
HERC HOLDINGS INC
$4.44B$156.49$160.002.24%Buy23.88%N/AN/AN/A
R
RYDER SYSTEM INC
$5.55B$126.64$124.20-1.93%Hold512.77%N/AN/AN/A
HTZ
HERTZ GLOBAL HOLDINGS INC
$1.50B$4.89$6.5734.38%Sell73.24%49.56%N/AN/A
AL
AIR LEASE CORP
$5.47B$49.10$55.3312.69%Strong Buy37.79%N/AN/AN/A
FTAI
FTAI AVIATION LTD
$7.93B$79.11$79.130.02%Strong Buy816.16%-6.07%N/AN/A
FPAY
FLEXSHOPPER INC
$24.15M$1.11$2.50125.23%Buy132.51%N/AN/AN/A
CAR
AVIS BUDGET GROUP INC
$4.25B$119.36$164.5737.88%Strong Buy71.75%-64.57%N/AN/A
GATX
GATX CORP
$4.72B$132.70$131.00-1.28%Buy212.51%N/AN/AN/A
URI
UNITED RENTALS INC
$46.49B$698.13$627.73-10.08%Buy114.37%7.58%N/AN/A
ALTG
ALTA EQUIPMENT GROUP INC
$293.35M$8.85$22.00148.59%Strong Buy21.36%N/AN/AN/A
AER
AERCAP HOLDINGS NV
$18.08B$91.17$101.8011.66%Strong Buy5-0.67%-47.56%N/AN/A
WLFC
WILLIS LEASE FINANCE CORP
$418.08M$63.61N/AN/AN/AN/AN/AN/AN/AN/A
PRG
PROG HOLDINGS INC
$1.51B$35.03$37.507.05%Buy21.97%10.32%N/AN/A
MGRC
MCGRATH RENTCORP
$2.69B$109.65N/AN/AN/AN/A1.80%N/AN/AN/A
MPU
MEGA MATRIX CORP
$64.04M$1.78N/AN/AN/AN/AN/AN/AN/AN/A
UHAL
U-HAUL HOLDING CO
$13.55B$69.11N/AN/AN/AN/AN/AN/AN/AN/A
MWG
MULTI WAYS HOLDINGS LTD
$9.53M$0.31N/AN/AN/AN/AN/AN/AN/AN/A
AAN
AARON's COMPANY INC
$228.16M$7.45$7.500.67%Hold22.64%N/AN/AN/A
VSTS
VESTIS CORP
$1.51B$11.49$15.7136.76%Buy7N/AN/AN/AN/A
ZCAR
ZOOMCAR HOLDINGS INC
$11.68M$0.29N/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 May 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 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 -30.2% over the past year, underperforming other rental & leasing service stocks by -73 percentage points.

Custom Truck One Source has an average 1 year price target of $8.25, an upside of 82.12% from Custom Truck One Source's current stock price of $4.53.

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. H&E Equipment Services (NASDAQ:HEES)


H&E Equipment Services (NASDAQ:HEES) is the second 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 39.75% over the past year, underperforming other rental & leasing service stocks by -4 percentage points.

H&E Equipment Services has an average 1 year price target of $64.00, an upside of 28.57% from H&E Equipment Services's current stock price of $49.78.

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.

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 40, which is 13 points higher than the rental & leasing service industry average of 27. It passed 14 out of 33 due diligence checks and has average fundamentals. Willscot Mobile Mini Holdings has seen its stock lose -8.42% over the past year, underperforming other rental & leasing service stocks by -52 percentage points.

Willscot Mobile Mini Holdings has an average 1 year price target of $51.00, an upside of 26.33% from Willscot Mobile Mini Holdings's current stock price of $40.37.

Willscot Mobile Mini Holdings stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 9 analysts covering Willscot Mobile Mini Holdings, 55.56% have issued a Strong Buy rating, 22.22% have issued a Buy, 22.22% 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 8.38%, which is 6 percentage points higher than the rental & leasing service industry average of 2.44%. 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. H&E Equipment Services (NASDAQ:HEES)


H&E Equipment Services (NASDAQ:HEES) has an annual dividend yield of 2.21%, which is the same as the rental & leasing service industry average of 2.44%. H&E Equipment Services's dividend payout is stable, having never dropped by more than 10% in the last 10 years. H&E Equipment Services's dividend has shown consistent growth over the last 10 years.

H&E Equipment Services's dividend payout ratio of 23.5% indicates that its dividend yield is sustainable for the long-term.

3. Ryder System (NYSE:R)


Ryder System (NYSE:R) has an annual dividend yield of 2.17%, which is the same as the rental & leasing service industry average of 2.44%. 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 up?

Rental & leasing service stocks were up 0.41% in the last day, and up 3.93% 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 44 points higher than the rental & leasing service industry average of 27. It passed 5 out of 7 valuation due diligence checks.

Hertz Global Holdings's stock has dropped -69.46% in the past year. It has underperformed other stocks in the rental & leasing service industry by -113 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 30 points higher than the rental & leasing service industry average of 27. It passed 4 out of 7 valuation due diligence checks.

Herc Holdings's stock has gained 52.69% in the past year. It has overperformed other stocks in the rental & leasing service industry by 9 percentage points.

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


H&E Equipment Services (NASDAQ:HEES) is the third most undervalued rental & leasing service stock based on WallStreetZen's Valuation Score. H&E Equipment Services has a valuation score of 43, which is 16 points higher than the rental & leasing service industry average of 27. It passed 3 out of 7 valuation due diligence checks.

H&E Equipment Services's stock has gained 39.75% in the past year. It has underperformed other stocks in the rental & leasing service industry by -4 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 2.64% 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 16.46x.
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