McGrath RentCorp (MGRC): Price and Financial Metrics


McGrath RentCorp (MGRC)

Today's Latest Price: $72.70 USD

0.05 (0.07%)

Updated Jan 15 4:00pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 83 in Industrial - Services

See all "A" rated Strong Buy stocks

MGRC Stock Summary

  • MGRC's went public 30.83 years ago, making it older than 84.17% of listed US stocks we're tracking.
  • Of note is the ratio of Mcgrath Rentcorp's sales and general administrative expense to its total operating expenses; 88.05% of US stocks have a lower such ratio.
  • With a year-over-year growth in debt of -17.08%, Mcgrath Rentcorp's debt growth rate surpasses only 16.97% of about US stocks.
  • Stocks that are quantitatively similar to MGRC, based on their financial statements, market capitalization, and price volatility, are LOPE, DOOR, FSS, ASGN, and B.
  • MGRC's SEC filings can be seen here. And to visit Mcgrath Rentcorp's official web site, go to www.mgrc.com.

MGRC Stock Price Chart Interactive Chart >

Price chart for MGRC

MGRC Price/Volume Stats

Current price $72.70 52-week high $83.95
Prev. close $72.65 52-week low $44.32
Day low $71.10 Volume 97,200
Day high $73.24 Avg. volume 109,680
50-day MA $65.45 Dividend yield 2.31%
200-day MA $59.87 Market Cap 1.75B

McGrath RentCorp (MGRC) Company Bio


Mcgrath Rentcorp engages in the rental and sale of relocatable modular buildings, electronic test equipment, and liquid and solid containment tanks and boxes in the United States and internationally. The company was founded in 1979 and is based in Livermore, California.

MGRC Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target: Forecasted Gain:
$72.70$299.4 312%

Below please find a table outlining a discounted cash flow forecast for MGRC, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Mcgrath Rentcorp ranked in the 78th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 314%. In terms of the factors that were most noteworthy in this DCF analysis for MGRC, they are:

  • The compound growth rate in the free cash flow of Mcgrath Rentcorp over the past 5.01 years is 0.55%; that's better than 84.1% of cash flow producing equities in the Industrials sector, where it is classified.
  • MGRC's estimated cost of debt, based largely on its market capitalization and its interest coverage ratio, is 3%; for context, that number is higher than 28.6% of tickers in our DCF set.
  • Mcgrath Rentcorp's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at 14.18. This coverage rate is greater than that of 82.24% of stocks we're observing for the purpose of forecasting via discounted cash flows.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%304%
1%308%
2%312%
3%316%
4%320%
5%324%

CMCO, ABM, IIIN, GOGL, and KE can be thought of as valuation peers to MGRC, in the sense that they are in the Industrials sector and have a similar price forecast based on DCF valuation.


MGRC Latest News Stream


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Latest MGRC News From Around the Web

Below are the latest news stories about Mcgrath Rentcorp that investors may wish to consider to help them evaluate MGRC as an investment opportunity.

Understanding McGrath RentCorp's Ex-Dividend Date

On December 10, 2020, McGrath RentCorp (NASDAQ:MGRC) declared a dividend payable on January 29, 2021 to its shareholders. McGrath RentCorp also announced that shareholders on the company's books on or before January 15, 2021 are entitled to the dividend. The stock will then go ex-dividend 1 business day(s) before the record date. McGrath RentCorp, which has a current dividend per share of $0.42, has an ex-dividend date scheduled for January 14, 2021. That equates to a dividend yield of 2.6% at current price levels.What Is An Ex-Dividend Date? An ex-dividend date is when a company's shares stop trading with its current dividend payout in preparation for the company to announce a new one. Usually, a company's ex-dividend date falls one business day before its record date. Investors should...

Yahoo | January 13, 2021

McGrath RentCorp (NASDAQ:MGRC) Looks Like A Good Stock, And It's Going Ex-Dividend Soon

Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...

Yahoo | January 9, 2021

McGrath RentCorp Announces Smita Conjeevaram Elected to Board

LIVERMORE, Calif.--(BUSINESS WIRE)--McGrath RentCorp (NASDAQ: MGRC) (the “Company”), a diversified business-to-business rental company, today announced the appointment of Smita Conjeevaram to the Company’s Board of Directors. Ron Zech, Chairman of McGrath RentCorp’s Board stated: “We are very pleased to welcome Smita to our Board. She is not only an accomplished leader with an extensive background as an executive in finance, she also has a global perspective and track-record of success in guidi

Business Wire | January 5, 2021

Is MGRC A Good Stock To Buy Now?

A whopping number of 13F filings filed with U.S. Securities and Exchange Commission has been processed by Insider Monkey so that individual investors can look at the overall hedge fund sentiment towards the stocks included in their watchlists. These freshly-submitted public filings disclose money managers’ equity positions as of the end of the three-month period […]

Yahoo | December 18, 2020

An Intrinsic Calculation For McGrath RentCorp (NASDAQ:MGRC) Suggests It's 22% Undervalued

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of McGrath RentCorp...

Yahoo | December 17, 2020

Read More 'MGRC' Stories Here

MGRC Price Returns

1-mo 11.30%
3-mo 15.65%
6-mo 31.48%
1-year N/A
3-year 55.23%
5-year 264.55%
YTD 8.98%
2020 -9.95%
2019 52.36%
2018 12.22%
2017 23.27%
2016 61.57%

MGRC Dividends

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