On September 19, 2023, U-Haul made an exciting acquisition by taking over the Simply Stor-it facility located at 1801 N. Main St. in Mitchell, South Dakota. This property, spanning over 10.16 acres, was once a regional mall but has now been converted into a state-of-the-art storage facility. With a total area of 25,995 square feet, it boasts traditional indoor climate-controlled units, along with 8,800 square feet of interior drive-up climate-controlled units. Furthermore, there are 48 indoor parking spots available for customers’ convenience. The facility also offers an impressive 329 self-storage rooms, ensuring ample space for all storage needs.
U-Haul wasted no time in serving customers and officially opened its doors on September 11, 2023, under the name U-Haul Moving & Storage of Mitchell. One of the standout features of this facility is its extended-hours access, allowing customers to access their storage units at their convenience. This marks U-Haul’s first venture into Mitchell, making it an exciting addition to the area. Moreover, it is the sole climate-controlled self-storage facility in the region, setting it apart from any competition.
Apart from exceptional storage options, U-Haul Moving & Storage of Mitchell offers a range of additional services to make moving and storage seamless for its customers. This includes the availability of moving truck rentals, trailers, towing equipment, as well as a wide selection of boxes and moving supplies. U-Haul aims to be a one-stop solution for all moving and storage needs, ensuring a hassle-free experience.
In a move that highlights their commitment to maintaining excellence, U-Haul rehired Tom Kulm as the general manager for this newly acquired facility. Tom brings a wealth of knowledge and experience to the table, ensuring that customers receive the highest level of service and satisfaction.
With U-Haul’s acquisition of the Simply Stor-it facility, Mitchell, South Dakota now benefits from a cutting-edge storage facility that offers unmatched convenience and service. Whether it’s for personal or business storage needs, U-Haul Moving & Storage of Mitchell is the go-to destination.
U-Haul Holding Company
UHAL
Buy
Updated on: 19/09/2023
Financial Health
Healthy
Debt to equity ratio: Buy
Price to earnings ratio: Buy
Price to book ratio: Neutral
DCF: Strong Buy
ROE: Neutral
UHAL Stock Performance on September 19, 2023: Stable Trading Day with Insights on Earnings and Ratios
UHAL Stock Performance on September 19, 2023
On September 19, 2023, UHAL stock had a relatively stable day of trading. The previous day’s closing price was $57.57, and the stock opened at $57.95. Throughout the day, the stock’s price fluctuated within a range of $57.06 to $57.95. The trading volume for the day was 63,914 shares. UHAL’s market cap is currently valued at $1.1 billion.
In terms of earnings growth, UHAL has experienced a decline in the past year. The earnings growth rate for the last year was -92.08%. However, the earnings growth rate for the current year is slightly better at -19.40%.
On the other hand, UHAL’s revenue growth rate for the last year was positive, showing a modest increase of 2.19%.
The stock’s P/E ratio is 12.5, which indicates that investors are willing to pay $12.5 for every dollar of earnings. The price/sales ratio is 1.99, and the price/book ratio is 1.76.
UHAL operates in the finance/rental/leasing sector. The company is categorized under the finance industry and does not have any executives listed. UHAL’s corporate headquarters are located in Reno, Nevada.
Investors should consider a variety of factors, including the company’s financial health, industry trends, and overall market conditions, before making any investment decisions. It is always recommended to conduct thorough research and consult with a financial advisor before investing in any stock.
U-Haul Holding Co Analysis: Potential Value Increase and Steady Performance Predicted by Analysts
U-Haul Holding Co, a provider of moving and storage services, has been analyzed by investment analysts. One analyst suggests holding stock in U-Haul Holding Co, which has remained steady since being downgraded from a buy rating in June.
As of September 19, 2023, the stock price of U-Haul Holding Co was $57.71. Analysts predict a median target price of $70.30, indicating a potential increase of 21.82% from the current price.
The high and low estimates for the stock price are also $70.30, suggesting a consensus among analysts. They believe the stock has the potential to reach this price within the next 12 months.
U-Haul Holding Co’s current quarter earnings per share are $1.72, with sales totaling $1.7 billion. These figures will be reported on November 1.
Overall, the analysis suggests a positive outlook for U-Haul Holding Co. The median target price indicates potential value increase, and the hold rating suggests steady performance in the coming months.
Investors and individuals interested in U-Haul Holding Co should monitor the company’s financial reports and analyst updates. The November 1 reporting date will provide further insights into the company’s performance and may impact the stock’s future.
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