Key takeaways

  • United Rentals is trading at a below-market forward multiple.
  • The good news is that United Rentals is currently trading at a below-market forward multiple — both on a Price-to-Earnings (P/E) basis, currently ~17.3x forward estimates of ~$61.10/share.
  • With URI's implied volatility currently hovering in the 42% to 45% range, the options market is pricing in enough movement to offer a decent premium.

United Rentals is currently trading at a below-market forward multiple. Effectively, one can buy superior, market-beating growth at a discounted market multiple.

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