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	Market Cap	Price	Price Target	Upside/Downside	Consensus	Analysts	Fore. Revenue Growth	Fore. Earnings Growth	Forecast ROE	Forecast ROA
MWG	MULTI WAYS HOLDINGS LTD	$9.41M	$0.31	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
CTOS	CUSTOM TRUCK ONE SOURCE INC	$1.16B	$4.83	$8.00	65.63%	Buy	4	6.77%	182.84%	N/A	N/A
WSC	WILLSCOT MOBILE MINI HOLDINGS CORP	$7.73B	$40.65	$51.00	25.46%	Strong Buy	9	6.44%	49.85%	N/A	N/A
HEES	H&E EQUIPMENT SERVICES INC	$1.79B	$48.97	$64.00	30.69%	Strong Buy	2	4.80%	N/A	N/A	N/A
HRI	HERC HOLDINGS INC	$4.42B	$155.72	$160.00	2.75%	Buy	2	3.88%	N/A	N/A	N/A
R	RYDER SYSTEM INC	$5.51B	$125.73	$124.20	-1.22%	Hold	5	12.77%	N/A	N/A	N/A
AL	AIR LEASE CORP	$5.49B	$49.27	$55.33	12.31%	Strong Buy	3	7.79%	N/A	N/A	N/A
HTZ	HERTZ GLOBAL HOLDINGS INC	$1.69B	$5.53	$6.57	18.82%	Sell	7	3.24%	49.56%	N/A	N/A
FTAI	FTAI AVIATION LTD	$7.84B	$78.24	$79.13	1.13%	Strong Buy	8	16.16%	-6.07%	N/A	N/A
CAR	AVIS BUDGET GROUP INC	$4.22B	$118.31	$164.57	39.10%	Strong Buy	7	1.75%	-64.57%	N/A	N/A
GATX	GATX CORP	$4.89B	$137.24	$131.00	-4.55%	Buy	2	12.51%	N/A	N/A	N/A
URI	UNITED RENTALS INC	$45.67B	$685.79	$627.73	-8.47%	Buy	11	4.37%	7.58%	N/A	N/A
ALTG	ALTA EQUIPMENT GROUP INC	$285.07M	$8.60	$22.00	155.81%	Strong Buy	2	1.64%	N/A	N/A	N/A
WLFC	WILLIS LEASE FINANCE CORP	$432.87M	$65.86	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
AER	AERCAP HOLDINGS NV	$18.14B	$91.48	$101.80	11.28%	Strong Buy	5	-0.67%	-47.56%	N/A	N/A
MGRC	MCGRATH RENTCORP	$2.74B	$111.60	N/A	N/A	N/A	N/A	1.80%	N/A	N/A	N/A
FPAY	FLEXSHOPPER INC	$24.15M	$1.11	$2.50	125.23%	Buy	1	31.54%	N/A	N/A	N/A
PRG	PROG HOLDINGS INC	$1.57B	$36.36	$37.50	3.14%	Buy	2	1.97%	10.32%	N/A	N/A
MPU	MEGA MATRIX CORP	$60.44M	$1.68	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
UHAL	U-HAUL HOLDING CO	$13.54B	$69.06	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
AAN	AARON's COMPANY INC	$232.45M	$7.59	$7.50	-1.19%	Hold	2	2.63%	N/A	N/A	N/A
VSTS	VESTIS CORP	$1.65B	$12.52	$15.71	25.51%	Buy	7	N/A	N/A	N/A	N/A
ZCAR	ZOOMCAR HOLDINGS INC	$9.73M	$0.25	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/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. 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.