U-Haul Prepares for Winter Storm with Propane Heating Solutions
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: Businesswire
- Propane Heating Benefits: U-Haul VP Steve Dudley highlights that propane is an affordable and clean-burning fuel, making it an ideal primary or backup heating source during winter storms, ensuring residents stay warm and safe amid energy shortages.
- Safety Usage Tips: Dudley stresses the importance of following manufacturer guidelines when using propane heaters and generators, particularly that outdoor equipment should never be brought indoors to prevent fire hazards and other safety incidents.
- Ample Propane Supply: The U.S. is the world's largest refiner of propane, and U-Haul serves customers at over 1,500 company-owned refill stations, with most locations still able to provide propane despite potential supply delays from winter storms.
- Sustainability Commitment: U-Haul is dedicated to sustainable solutions through its core business model and eco-friendly products, including clean-burning propane, showcasing the company's responsibility towards environmental stewardship.
Analyst Views on UHAL
Wall Street analysts forecast UHAL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for UHAL is 80.00 USD with a low forecast of 80.00 USD and a high forecast of 80.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 58.680
Low
80.00
Averages
80.00
High
80.00
Current: 58.680
Low
80.00
Averages
80.00
High
80.00
About UHAL
U-Haul Holding Company is a do-it-yourself moving and storage operator through its subsidiary U-Haul International, Inc. (U-Haul). Its primary focus is to provide its customers with a selection of moving rental equipment, convenient self-storage rental facilities and portable moving and storage units and related moving and self-storage products and services. Its segments include Moving and Storage, Property and Casualty Insurance, and Life Insurance. The Moving and Storage segment consists of the rental of trucks and trailers, portable moving and storage units, specialty rental items and self-storage spaces primarily to the household mover, as well as sales of moving supplies, towing accessories and propane. Its Property and Casualty Insurance segment provides loss adjusting and claims handling for U-Haul through regional offices in the United States and Canada. The Life Insurance segment provides life and health insurance products primarily for the senior market.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
