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Sunbelt Rentals Holdings, Inc. (NYSE:SUNB) is one of the 10 Best New Stocks to Buy Other Than ****** eX.
On June 24, 2026, Citi lowered its price target on Sunbelt Rentals Holdings, Inc. (NYSE:SUNB) to $90 from $95 and kept a Buy rating. Citi updated its model after the fiscal Q4 report and cited a slightly less constructive rental margin outlook for the lower target.
On June 23, Sunbelt Rentals reported Q4 adjusted EPS of 74c, below the 76c consensus, while revenue of $2.75B topped the $2.64B consensus. CEO Brendan Horgan said fiscal 2026 was a "strong year," citing the company's customer-led strategy, disciplined execution, and team performance. Horgan also pointed to strong fourth-quarter momentum, with North America Specialty rental revenue up 15% and North America General Tool growing 4%. Sunbelt also announced the acquisition of Reliant ****** et Management, which Horgan described as part of its bolt-on acquisition strategy and said is expected to be EPS accretive in year one after closing.
Sunbelt Rentals Holdings, Inc. (NYSE:SUNB) sees FY27 revenue growth of 4.5%-7.5%, rental revenue growth of 5%-8%, and adjusted EBITDA of $4.85B-$5.05B.
Sunbelt Rentals Holdings, Inc. (NYSE:SUNB) operates a construction, industrial, and general equipment rental business under the Sunbelt Rentals brand in the United States, the United Kingdom, and Canada.
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