McGrath RentCorp's fundamentals are relatively healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 3/156 in the Professional & Commercial Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Strong Buy, with the highest price target at 147.00.In the medium term, the stock price is expected to remain stable.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
McGrath RentCorp's Score
Industry at a Glance
Industry Ranking
3 / 156
Overall Ranking
18 / 4562
Industry
Professional & Commercial Services
Support & Resistance
Relevant data have not been disclosed by the company yet.
Score Analysis
Current score
Previous score
Analyst Rating
Based on
2
analysts
Strong Buy
Current Rating
147.000
Target Price
+43.98%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
McGrath RentCorp Highlights
StrengthsRisks
McGrath RentCorp is a business-to-business rental company in North America. The Company operates through four segments: Mobile Modular, Portable Storage, TRS-RenTelco and Enviroplex. Mobile Modular segment provides modular buildings in the United States. It provides prefabricated customizable modular buildings, mobile office trailers, portable classrooms, portable sales office buildings, prefab restrooms and more for rent, lease and sale. Portable Storage segment’s rental inventory is comprised of steel containers, which are used to provide a temporary storage solution that is delivered to the customer’s location. TRS-RenTelco segment rents and sells general purpose and communications test equipment. TRS-RenTelco segment’s general purpose test equipment rental inventory includes oscilloscopes, amplifiers, analyzers (spectrum, network and logic), signal source and power source test equipment. Enviroplex segment manufactures modular buildings used primarily as classrooms in California.
High Growth
The company's revenue has grown steadily over the past 3 years, averaging 43.31% year-on-year.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 910.94M.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 20.46%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 20.46%.
Overvalued
The company’s latest PE is 18.20, at a high 3-year percentile range.
Institutional Selling
The latest institutional holdings are 22.89M shares, decreasing 10.58% quarter-over-quarter.
McGrath RentCorp is a business-to-business rental company in North America. The Company operates through four segments: Mobile Modular, Portable Storage, TRS-RenTelco and Enviroplex. Mobile Modular segment provides modular buildings in the United States. It provides prefabricated customizable modular buildings, mobile office trailers, portable classrooms, portable sales office buildings, prefab restrooms and more for rent, lease and sale. Portable Storage segment’s rental inventory is comprised of steel containers, which are used to provide a temporary storage solution that is delivered to the customer’s location. TRS-RenTelco segment rents and sells general purpose and communications test equipment. TRS-RenTelco segment’s general purpose test equipment rental inventory includes oscilloscopes, amplifiers, analyzers (spectrum, network and logic), signal source and power source test equipment. Enviroplex segment manufactures modular buildings used primarily as classrooms in California.
Ticker SymbolMGRC
CompanyMcGrath RentCorp
CEOHanna (Joseph F)
Websitehttps://www.mgrc.com/
FAQs
What is the current price of McGrath RentCorp (MGRC)?
The current price of McGrath RentCorp (MGRC) is 108.050.
What is the symbol of McGrath RentCorp?
The ticker symbol of McGrath RentCorp is MGRC.
What is the 52-week high of McGrath RentCorp?
The 52-week high of McGrath RentCorp is 129.930.
What is the 52-week low of McGrath RentCorp?
The 52-week low of McGrath RentCorp is 94.990.
What is the market capitalization of McGrath RentCorp?
The market capitalization of McGrath RentCorp is 2.66B.
What is the net income of McGrath RentCorp?
The net income of McGrath RentCorp is 231.73M.
Is McGrath RentCorp (MGRC) currently rated as Buy, Hold, or Sell?
According to analysts, McGrath RentCorp (MGRC) has an overall rating of --, with a price target of 147.000.
What is the Earnings Per Share (EPS TTM) of McGrath RentCorp (MGRC)?
The Earnings Per Share (EPS TTM) of McGrath RentCorp (MGRC) is 5.915.