-- 獨立研究機構CFRA向提供了以下研究報告。 CFRA分析師的觀點總結如下：我們將目標股價上調19美元至164美元，基於2026年預期收益，我們採用13.3倍的預期市盈率，高於過去三年和五年的平均市盈率13.5倍和13.0倍。我們認為，強勁的執行力和兩位數左右的年比獲利成長是關鍵驅動因素。基於2026年和2027年分別預計154億美元和157億美元的營收，我們將2026年每股收益預期上調0.65美元至12.35美元，並將2027年每股收益預期上調1.00美元至13.50美元。 STT公佈了2026年第一季的出色業績，展現了其多元化收費業務模式和嚴謹執行力的優勢。由於一些一次性專案的影響，該公司實現了11.6%的淨資產收益率和17.6%的有形普通股收益率，而去年同期分別為10.6%和16.4%。目前，該公司的帳面價值為87.33美元，淨有形帳面價值為56.59美元，相應的本益比分別為1.7倍和2.6倍。我們認為，在獲利成長的前提下，這些本益比是合理的。 STT的股價目前較標普500指數折讓510個基點。該公司計劃在2026年第一季進行4億美元的股票回購和2.33億美元的股利發放。
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Saudi Shares Start Week Higher; US-Iran Peace Talks Canceled
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Research Alert: CFRA Maintains Hold Rating On Shares Of United Rentals Inc.
CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:We lift our 12-month target price to $1,100 from $950 following a strong first quarter, valuing shares at 20.5x our 2027 EPS outlook of $54.28 (in line with previous estimate; 2026 EPS also in line). We believe a higher multiple is justified given URI's firming market leadership within an expanding rental equipment industry. A robust Q1 beat enabled URI to raise its full-year revenue guidance to $16.9B-$17.4B and adjusted EBITDA to $7.625B-$7.875B, citing momentum heading into a busy season. With leverage well below historical levels, we believe accretive M&A deals could serve as a potential catalyst for additional guidance increases. Margin compression has been a sticky issue for URI, but Q1 indicated that pricing may have turned around and that headwinds are starting to ease as quarterly results begin to lap when tariff-related inflation began to pick-up. We remain cautious on margins, though are encouraged by signs of stabilization. New project activity is likely supporting pricing trends, in our view.
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