McGrath RentCorp - MGRC Stock Price Target and Predictions

  • Consensus Rating: Hold
  • Consensus Price Target: $106.00
  • Forecasted Upside: 8.70 %
  • Number of Analysts: 1
  • Breakdown:
  • 0 Sell Ratings
  • 1 Hold Ratings
  • 0 Buy Ratings
  • 0 Strong Buy Ratings
$97.52
▼ -0.15 (-0.15%)

This chart shows the closing price for MGRC by one month, three months, or twelve months.

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Analyst Price Target for MGRC

Analyst Price Target is $106.00
▲ +8.70% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for McGrath RentCorp in the last 3 months. The average price target is $106.00, with a high forecast of $106.00 and a low forecast of $106.00. The average price target represents a 8.70% upside from the last price of $97.52.

This chart shows the closing price for MGRC for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Hold

The current consensus among 1 polled investment analysts is to hold stock in McGrath RentCorp. This rating has held steady since August 2021, when it changed from a Buy consensus rating.

Past Monthly Recommendations

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  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/5/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/3/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/2/2021
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
3/2/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
5/31/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
8/29/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 0 hold ratings
  • 0 sell ratings
10/28/2022
  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings
11/27/2022

Latest Recommendations

  • 0 strong buy ratings
  • 0 buy ratings
  • 1 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
11/16/2022SidotiDowngradeBuy ➝ Neutral$106.00Low
8/12/2020OppenheimerUpgradeMarket Perform ➝ OutperformHigh
4/30/2020OppenheimerReiterated RatingHoldHigh
2/4/2020SidotiBoost TargetBuy$90.00 ➝ $99.00Low
9/12/2019SidotiBoost TargetBuy$83.00 ➝ $86.00Low
7/31/2019SidotiBoost TargetBuy$78.00 ➝ $83.00Medium
9/19/2018Berenberg BankInitiated CoverageBuy ➝ Buy$70.00High
(Data available from 11/28/2017 forward)

News Sentiment Rating

0.77 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 6 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/2/2022
  • 0 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/1/2022
  • 3 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/1/2022
  • 6 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/31/2022
  • 4 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
8/30/2022
  • 1 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
9/29/2022
  • 2 very positive mentions
  • 9 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
10/29/2022
  • 6 very positive mentions
  • 3 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
11/28/2022

Current Sentiment

  • 6 very positive mentions
  • 3 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
McGrath RentCorp logo
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 related accessories, and liquid and solid containment tanks and boxes. The company operates through four segments: Mobile Modular, TRS-RenTelco, Adler Tanks, and Enviroplex. 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 Adler Tanks segment rents fixed axle steel tanks for storing groundwater, wastewater, volatile organic liquids, sewage, slurry and bio sludge, oil and water mixtures, and chemicals; vacuum containers for sludge and solid materials; dewatering boxes for the separation of water contained in sludge and slurry; and roll-off and trash boxes for temporary storage and transportation of solid waste. 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 headquartered in Livermore, California.
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Today's Range

Now: $97.52
Low: $97.31
High: $98.00

50 Day Range

MA: $89.95
Low: $82.19
High: $99.20

52 Week Range

Now: $97.52
Low: $71.17
High: $100.30

Volume

439 shs

Average Volume

82,807 shs

Market Capitalization

$2.38 billion

P/E Ratio

22.95

Dividend Yield

1.86%

Beta

0.8

Frequently Asked Questions

What sell-side analysts currently cover shares of McGrath RentCorp?

The following Wall Street analysts have issued reports on McGrath RentCorp in the last twelve months: Sidoti, and StockNews.com.
View the latest analyst ratings for MGRC.

What is the current price target for McGrath RentCorp?

1 Wall Street analysts have set twelve-month price targets for McGrath RentCorp in the last year. Their average twelve-month price target is $106.00, suggesting a possible upside of 8.7%. Sidoti has the highest price target set, predicting MGRC will reach $106.00 in the next twelve months. Sidoti has the lowest price target set, forecasting a price of $106.00 for McGrath RentCorp in the next year.
View the latest price targets for MGRC.

What is the current consensus analyst rating for McGrath RentCorp?

McGrath RentCorp currently has 1 hold rating from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in MGRC, but not buy more shares or sell existing shares.
View the latest ratings for MGRC.

What other companies compete with McGrath RentCorp?

How do I contact McGrath RentCorp's investor relations team?

McGrath RentCorp's physical mailing address is 5700 LAS POSITAS RD, LIVERMORE CA, 94551. The financial services provider's listed phone number is (925) 606-9200 and its investor relations email address is [email protected] The official website for McGrath RentCorp is www.mgrc.com. Learn More about contacing McGrath RentCorp investor relations.