McGrath RentCorp - MGRC Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $145.50
  • Forecasted Upside: 29.16%
  • Number of Analysts: 2
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 2 Buy Ratings
  • 0 Strong Buy Ratings
$112.65
▲ +0.67 (0.60%)

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 $145.50
▲ +29.16% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for McGrath RentCorp in the last 3 months. The average price target is $145.50, with a high forecast of $152.00 and a low forecast of $139.00. The average price target represents a 29.16% upside from the last price of $112.65.

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 Buy

The current consensus among 2 contributing investment analysts is to buy stock in McGrath RentCorp. This rating has held steady since January 2023, when it changed from a Hold consensus rating.

Past Monthly Recommendations

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  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/29/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/27/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/26/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
3/25/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
6/23/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
9/21/2024
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
11/20/2024
  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings
12/20/2024

Latest Recommendations

  • 0 strong buy ratings
  • 2 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
12/11/2024CJS SecuritiesInitiated CoverageOutperform$152.00
11/22/2024OppenheimerBoost TargetOutperform ➝ Outperform$124.00 ➝ $139.00
10/25/2024OppenheimerBoost TargetOutperform ➝ Outperform$120.00 ➝ $124.00
9/25/2024OppenheimerInitiated CoverageOutperform$120.00
10/6/2023OppenheimerBoost TargetOutperform ➝ Outperform$114.00 ➝ $116.00
2/23/2023OppenheimerBoost TargetOutperform$107.00 ➝ $114.00
2/2/2023SidotiUpgradeNeutral ➝ Buy$127.00
11/16/2022SidotiDowngradeBuy ➝ Neutral$106.00
8/12/2020OppenheimerUpgradeMarket Perform ➝ Outperform
4/30/2020OppenheimerReiterated RatingHold
2/4/2020SidotiBoost TargetBuy$90.00 ➝ $99.00
(Data available from 12/21/2019 forward)

News Sentiment Rating

1.15 (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
  • 12 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
5/25/2024
  • 8 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
6/24/2024
  • 6 very positive mentions
  • 4 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
7/24/2024
  • 11 very positive mentions
  • 9 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
8/23/2024
  • 8 very positive mentions
  • 12 positive mentions
  • 1 negative mentions
  • 2 very negative mentions
9/22/2024
  • 11 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
10/22/2024
  • 11 very positive mentions
  • 16 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
11/21/2024
  • 23 very positive mentions
  • 12 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
12/21/2024

Current Sentiment

  • 23 very positive mentions
  • 12 positive mentions
  • 0 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, and electronic test equipment. The company operates through four segments: Mobile Modular, Portable Storage, TRS-RenTelco, 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. 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 Portable Storage segment offers steel containers to provide a temporary storage solution. 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.
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Today's Range

Now: $112.65
Low: $110.05
High: $114.68

50 Day Range

MA: $116.68
Low: $104.62
High: $122.55

52 Week Range

Now: $112.65
Low: $95.50
High: $130.86

Volume

312,389 shs

Average Volume

235,128 shs

Market Capitalization

$2.77 billion

P/E Ratio

12.31

Dividend Yield

1.66%

Beta

0.75

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: CJS Securities, Oppenheimer Holdings Inc., and StockNews.com.
View the latest analyst ratings for MGRC.

What is the current price target for McGrath RentCorp?

0 Wall Street analysts have set twelve-month price targets for McGrath RentCorp in the last year. Their average twelve-month price target is $145.50, suggesting a possible upside of 29.2%. CJS Securities has the highest price target set, predicting MGRC will reach $152.00 in the next twelve months. Oppenheimer Holdings Inc. has the lowest price target set, forecasting a price of $139.00 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 2 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe MGRC will outperform the market and that investors should add to their positions of McGrath RentCorp.
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.