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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
Performance Score
Market Cap
Revenue
EBITDA
Earnings
EPS
Revenue Growth Y/Y
Revenue Growth 5Y
Earnings Growth Y/Y
Earnings Growth 5Y
Earnings Date
MWG
MULTI WAYS HOLDINGS LTD
$9.41M$36.02M$4.61M$1.79M$0.06-6.11%N/A50.00%N/A
CTOS
CUSTOM TRUCK ONE SOURCE INC
$1.16B$1.82B$390.25M$22.58M$0.109.98%56.51%-56.52%N/A
WSC
WILLSCOT MOBILE MINI HOLDINGS CORP
$7.73B$2.39B$1.01B$321.81M$1.675.74%22.35%-29.54%N/A
HEES
H&E EQUIPMENT SERVICES INC
$1.79B$1.52B$711.12M$169.51M$4.6917.27%3.28%19.34%15.52%
HRI
HERC HOLDINGS INC
$4.42B$3.35B$1.46B$345.00M$12.1714.90%10.61%5.83%36.69%
R
RYDER SYSTEM INC
$5.51B$11.93B$2.85B$352.00M$7.85-1.49%6.54%-53.82%7.10%2024-06-13
AL
AIR LEASE CORP
$5.49B$2.71B$2.56B$552.07M$4.9815.08%8.98%20.58%-0.32%
HTZ
HERTZ GLOBAL HOLDINGS INC
$1.69B$9.40B$3.66B$234.00M$0.765.40%N/A-85.10%N/A2024-05-22
FTAI
FTAI AVIATION LTD
$7.84B$1.20B$546.71M$220.70M$2.2132.49%25.43%590.63%N/A
CAR
AVIS BUDGET GROUP INC
$4.22B$12.00B$5.27B$1.21B$32.34-0.97%5.75%-43.34%74.13%2024-05-22
GATX
GATX CORP
$4.89B$1.45B$994.50M$256.10M$7.0312.09%4.11%57.98%8.16%
URI
UNITED RENTALS INC
$45.67B$14.53B$6.73B$2.52B$36.9917.17%11.51%18.33%22.70%
ALTG
ALTA EQUIPMENT GROUP INC
$285.07M$2.03B$184.90M-$7.00M-$0.2113.98%29.16%N/AN/A
WLFC
WILLIS LEASE FINANCE CORP
$432.87M$448.10M$264.46M$56.76M$8.8934.71%3.26%95.38%-0.68%
AER
AERCAP HOLDINGS NV
$18.14B$7.73B$7.99B$3.31B$15.379.08%10.07%116.17%17.37%
MGRC
MCGRATH RENTCORP
$2.74B$855.95M$324.13M$125.81M$5.1426.93%10.68%-25.29%8.30%2024-06-06
FPAY
FLEXSHOPPER INC
$24.15M$120.13M$78.58M-$8.42M-$0.324.57%11.58%N/AN/A
PRG
PROG HOLDINGS INC
$1.57B$2.39B$1.79B$112.77M$2.51-5.80%-9.23%4.15%-3.05%
MPU
MEGA MATRIX CORP
$60.44M$8.75M-$5.08M-$4.49M-$0.12489.80%-20.05%N/AN/A2024-05-20
UHAL
U-HAUL HOLDING CO
$13.54B$5.72B$1.93B$667.31M$4.15-2.66%8.51%-38.31%16.38%2024-05-29
AAN
AARON's COMPANY INC
$232.45M$2.10B$646.82M-$24.16M-$0.78-10.68%N/AN/AN/A
VSTS
VESTIS CORP
$1.65BN/AN/AN/AN/AN/AN/AN/AN/A
ZCAR
ZOOMCAR HOLDINGS INC
$9.73M$16.54M-$19.38M-$86.93M-$1.50-15.55%N/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. 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.
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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.