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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
Country
Market Cap
Shares
Institutional %
Insider %
Net Insider (L12M)
Net Insider (L3M)
R
RYDER SYSTEM INC
United States
$5.20B43,828,79386.33%4.69%Net SellingNet Selling
AL
AIR LEASE CORP
United States
$5.03B111,366,50180.72%19.28%Net SellingNet Selling
HRI
HERC HOLDINGS INC
United States
$3.71B28,368,57476.08%23.92%Net SellingNet Selling
FTAI
FTAI AVIATION LTD
United States
$8.41B100,245,90557.17%42.83%Net BuyingNet Buying
MWG
MULTI WAYS HOLDINGS LTD
Singapore
$10.64M30,840,0000.31%0.00%
HEES
H&E EQUIPMENT SERVICES INC
United States
$1.62B36,527,35358.71%41.29%Net SellingNet Selling
WSC
WILLSCOT MOBILE MINI HOLDINGS CORP
United States
$7.21B190,180,60753.49%46.51%Net SellingNet Buying
GATX
GATX CORP
United States
$4.61B35,600,00086.69%13.31%Net BuyingNet Buying
CTOS
CUSTOM TRUCK ONE SOURCE INC
United States
$1.11B240,418,17275.69%24.31%Net SellingNet Selling
URI
UNITED RENTALS INC
United States
$41.82B66,589,92652.97%47.03%Net SellingNet Selling
CAR
AVIS BUDGET GROUP INC
United States
$3.72B35,647,16433.70%66.30%Net SellingNet Buying
PRG
PROG HOLDINGS INC
United States
$1.53B43,174,57458.00%42.00%Net BuyingNet Buying
ALTG
ALTA EQUIPMENT GROUP INC
United States
$291.69M33,147,14049.91%50.09%Net SellingNet Buying
WLFC
WILLIS LEASE FINANCE CORP
United States
$412.29M6,572,51110.20%89.80%Net BuyingNet Buying
FPAY
FLEXSHOPPER INC
United States
$25.67M21,752,30413.53%86.47%Net BuyingNet Buying
MGRC
MCGRATH RENTCORP
United States
$2.53B24,548,74384.55%15.45%Net SellingNet Selling
AER
AERCAP HOLDINGS NV
Ireland
$17.88B198,342,82089.85%3.93%
HTZ
HERTZ GLOBAL HOLDINGS INC
United States
$1.06B305,812,59096.71%3.29%Net SellingNet Buying
MPU
MEGA MATRIX CORP
United States
$76.63M35,978,5814.96%7.85%
UHAL
U-HAUL HOLDING CO
United States
$12.21B196,077,88035.10%26.19%Net Selling
AAN
AARON's COMPANY INC
United States
$245.31M30,625,54886.70%4.76%Net BuyingNet Buying
VSTS
VESTIS CORP
United States
$1.58B131,450,62887.63%12.37%Net BuyingNet Buying
ZCAR
ZOOMCAR HOLDINGS INC
United States
$6.31M39,711,0592.93%24.50%

Rental & Leasing Service Stocks FAQ

What are the best rental & leasing service stocks to buy right now in Jun 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 25 points higher than the rental & leasing service industry average of 29. It passed 19 out of 38 due diligence checks and has strong fundamentals. Ryder System has seen its stock return 46.67% over the past year, overperforming other rental & leasing service stocks by 28 percentage points.

Ryder System has an average 1 year price target of $124.20, an upside of 4.71% from Ryder System's current stock price of $118.61.

Ryder System stock has a consensus Hold recommendation according to Wall Street analysts. Of the 5 analysts covering Ryder System, 20% have issued a Strong Buy rating, 0% have issued a Buy, 80% 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 50, which is 21 points higher than the rental & leasing service industry average of 29. It passed 18 out of 38 due diligence checks and has strong fundamentals. Air Lease has seen its stock return 6.78% over the past year, underperforming other rental & leasing service stocks by -12 percentage points.

Air Lease has an average 1 year price target of $55.33, an upside of 22.42% from Air Lease's current stock price of $45.20.

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. Herc Holdings (NYSE:HRI)


Herc Holdings (NYSE:HRI) is the third best rental & leasing service stock with a Zen Score of 45, which is 16 points higher than the rental & leasing service industry average of 29. It passed 17 out of 38 due diligence checks and has strong fundamentals. Herc Holdings has seen its stock return 8.93% over the past year, underperforming other rental & leasing service stocks by -10 percentage points.

Herc Holdings has an average 1 year price target of $158.33, an upside of 21.13% from Herc Holdings's current stock price of $130.71.

Herc Holdings stock has a consensus Buy recommendation according to Wall Street analysts. Of the 3 analysts covering Herc Holdings, 33.33% have issued a Strong Buy rating, 0% have issued a Buy, 66.67% 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 9.59%, which is 7 percentage points higher than the rental & leasing service industry average of 2.32%. 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 2.59%, which is the same as the rental & leasing service industry average of 2.32%.

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 2.39%, which is the same as the rental & leasing service industry average of 2.32%. 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 -1.91% in the last day, and down -1.32% 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 42 points higher than the rental & leasing service industry average of 29. It passed 5 out of 7 valuation due diligence checks.

Air Lease's stock has gained 6.78% in the past year. It has underperformed other stocks in the rental & leasing service industry by -12 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 42 points higher than the rental & leasing service industry average of 29. It passed 5 out of 7 valuation due diligence checks.

Ryder System's stock has gained 46.67% in the past year. It has overperformed other stocks in the rental & leasing service industry by 28 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 42 points higher than the rental & leasing service industry average of 29. It passed 5 out of 7 valuation due diligence checks.

Multi Ways Holdings's stock has dropped -45.32% in the past year. It has underperformed other stocks in the rental & leasing service industry by -64 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 13.41% 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 16.12x.
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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.