From what 1 stock analysts predict, the share price for McGrath RentCorp (MGRC) might decrease by 9.73% in the next year. This is based on a 12-month average estimation for MGRC. Price targets go from $116.00 to $116.00. The majority of stock analysts believe MGRC is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
MGRC is a stock in Consumer Discretionary which has been forecasted to be worth $116.00 as an average. On the higher end, the forecast price is $116.00 USD by scott schneeberger from Oppenheimer and on the lower end MGRC is forecasted to be $116.00 by scott schneeberger from Oppenheimer.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
scott schneeberger Oppenheimer | Buy | $116.0 | maintained | Dec 15, 2023 |
marc riddick Sidoti | Buy | $127.0 | upgraded | Feb 2, 2023 |
sam england Berenberg Bank | Buy | $97.0 | maintained | Aug 20, 2021 |
joe box KeyBanc | Hold | None | reiterated | Oct 2, 2017 |
McGrath RentCorp operates as a business to business rental company in the United States and internationally. It rents and sells relocatable modular buildings, portable storage containers, electronic test equipment, and liquid and solid containment tanks and boxes. The company operates through Mobile Modular, TRS-RenTelco, and Enviroplex segments. The Mobile Modular segment rents and sells modular buildings designed for use as classrooms, temporary offices adjacent to existing facilities, sales offices, construction field offices, restroom buildings, health care clinics, child care facilities, office spaces, and various other purposes; and portable storage containers. The TRS-RenTelco segment rents and sells general purpose electronic test equipment, such as oscilloscopes, amplifiers, analyzers, signal source, and power source test equipment primarily to aerospace, defense, electronics, industrial, research, and semiconductor industries. It also provides communications test equipment, including network and transmission test equipment for various fiber, copper, and wireless networks to the manufacturers of communications equipment and products, electrical and communications installation contractors, field technicians, and service providers. The Enviroplex segment manufactures and sells portable classrooms directly to public school districts and other educational institutions in California. The company was incorporated in 1979 and is based in Livermore, California.
When did it IPO
1984
Staff Count
1,218
Country
United States
Sector/Industry
Industrials/Rental & Leasing Services
CEO
Mr. Joseph F. Hanna
Market Cap
$3.15B
In 2023, MGRC generated $0 in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that MGRC's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2019
Revenue From 2020
Revenue From 2021
Revenue From 2022
FLNC-USD
$17.01
NWL-USD
$7.67
ACLX-USD
$60.5
INTA-USD
$41.07
KRYS-USD
$111.77
ABCB-USD
$45.92