Aug. 24, 2020 Price forecast | 2 weeks: -0.56% | 1 month: -0.99% | 3 months: -0.37%


MGRC stock forecast

Our latest prediction for McGrath RentCorp's stock price was made on the Aug. 24, 2020 when the stock price was at 68.75$.

In the short term (2weeks), MGRC's stock price should underperform the market by -0.56%. During that period the price should oscillate between -5.21% and +3.27%.

In the medium term (3months), MGRC's stock price should underperform the market by -0.37%. During that period the price should oscillate between -14.34% and +9.93%.

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About McGrath RentCorp

McGrath RentCorp engages in the provision of diversified business-to-business rental services. It operates through the following segments: Mobile Modular, TRS-RenTelco, Adler Tanks, and Enviroplex. The Mobile Modular segment operates inventory centers, at which relocatable modular buildings and storage containers are displayed, refurbished, and stored. The TRS-RenTelco segment includes electronic test equipment rental and sales operations and provides containment solutions for the storage of hazardous and non-hazardous liquids and solids. The Adler Tanks segment operates from branch offices serving the Northeast, Mid-Atlantic, Midwest, Southeast, Southwest, and West. The Enviroplex segment manufactures modular buildings used primarily as classrooms. The company was founded by Robert P. McGrath in 1979 and is headquartered in Livermore, CA.

At the moment the company generates 588M USD in revenues.

On its last earning announcement, the company reported a profit of 4.13$ per share.

The book value per share is 22.23$

McGrath RentCorp website


Three months stock forecastAug. 24, 2020


Financials

Revenue USD Gross Margin Operating Income Operating Margin Net Income Earnings Per Share Dividends Payout Ratio Shares Book Value Per Share Operating Cash Flow Cap Spending Free Cash Flow
588M 46.60% 147M 25.10% 102M 4.13 1.54 16.50% 25M 22.23 194M -150M 44M