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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
$1.00B$4.17$8.2597.84%Buy47.32%182.84%N/AN/A
WSC
WILLSCOT MOBILE MINI HOLDINGS CORP
$7.48B$39.34$51.0029.64%Strong Buy96.44%49.85%N/AN/A
HEES
H&E EQUIPMENT SERVICES INC
$1.76B$48.18$64.0032.84%Strong Buy24.80%N/AN/AN/A
HRI
HERC HOLDINGS INC
$4.30B$151.61$160.005.53%Buy23.88%N/AN/AN/A
R
RYDER SYSTEM INC
$5.50B$125.46$124.20-1.00%Hold512.77%N/AN/AN/A
AL
AIR LEASE CORP
$5.45B$48.96$55.3313.02%Strong Buy37.38%N/AN/AN/A
HTZ
HERTZ GLOBAL HOLDINGS INC
$1.48B$4.84$6.5735.76%Sell73.24%49.56%N/AN/A
FPAY
FLEXSHOPPER INC
$25.89M$1.19$2.50110.08%Buy132.51%N/AN/AN/A
FTAI
FTAI AVIATION LTD
$7.87B$78.50$79.130.80%Strong Buy816.16%-6.07%N/AN/A
CAR
AVIS BUDGET GROUP INC
$4.29B$120.44$164.5736.64%Strong Buy71.47%-64.57%N/AN/A
GATX
GATX CORP
$4.68B$131.48$131.00-0.37%Buy212.51%N/AN/AN/A
URI
UNITED RENTALS INC
$45.14B$677.84$627.73-7.39%Buy114.37%7.58%N/AN/A
WLFC
WILLIS LEASE FINANCE CORP
$390.93M$59.48N/AN/AN/AN/AN/AN/AN/AN/A
AER
AERCAP HOLDINGS NV
$17.87B$90.12$98.008.74%Strong Buy3-0.67%-47.56%N/AN/A
ALTG
ALTA EQUIPMENT GROUP INC
$384.18M$11.59$22.0089.82%Strong Buy21.96%N/AN/AN/A
MGRC
MCGRATH RENTCORP
$2.70B$110.17N/AN/AN/AN/A1.80%N/AN/AN/A
PRG
PROG HOLDINGS INC
$1.51B$35.03$37.507.05%Buy21.97%10.32%N/AN/A
MPU
MEGA MATRIX CORP
$78.07M$2.17N/AN/AN/AN/AN/AN/AN/AN/A
UHAL
U-HAUL HOLDING CO
$13.30B$67.82N/AN/AN/AN/AN/AN/AN/AN/A
MWG
MULTI WAYS HOLDINGS LTD
$9.81M$0.32N/AN/AN/AN/AN/AN/AN/AN/A
AAN
AARON's COMPANY INC
$231.53M$7.56$7.50-0.79%Hold22.76%N/AN/AN/A
VSTS
VESTIS CORP
$1.39B$10.56$15.7148.81%Buy7N/AN/AN/AN/A
ZCAR
ZOOMCAR HOLDINGS INC
$11.91M$0.30N/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 17 points higher than the rental & leasing service industry average of 26. It passed 14 out of 33 due diligence checks and has strong fundamentals. Custom Truck One Source has seen its stock lose -33.28% 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 97.84% from Custom Truck One Source's current stock price of $4.17.

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 14 points higher than the rental & leasing service industry average of 26. It passed 14 out of 38 due diligence checks and has average fundamentals. H&E Equipment Services has seen its stock return 39.65% over the past year.

H&E Equipment Services has an average 1 year price target of $64.00, an upside of 32.84% from H&E Equipment Services's current stock price of $48.18.

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 14 points higher than the rental & leasing service industry average of 26. It passed 14 out of 33 due diligence checks and has average fundamentals. Willscot Mobile Mini Holdings has seen its stock lose -11.14% over the past year, underperforming other rental & leasing service stocks by -51 percentage points.

Willscot Mobile Mini Holdings has an average 1 year price target of $51.00, an upside of 29.64% from Willscot Mobile Mini Holdings's current stock price of $39.34.

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 8.3%, which is 6 percentage points higher than the rental & leasing service industry average of 2.39%. 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 2.28%, which is the same as the rental & leasing service industry average of 2.39%. 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 2.19%, which is the same as the rental & leasing service industry average of 2.39%. 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 0.84% in the last day, and up 5.43% 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 -70.32% in the past year. It has underperformed other stocks in the rental & leasing service industry by -110 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 48.64% 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 39.65% in the past year. It has performed in line with other stocks in the rental & leasing service industry.

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 4.29% 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 16x.
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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.