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McGrath RentCorp (MGRC)

Stock Price: $67.01 USD 1.75 (2.68%)
Updated November 24, 4:00 PM EST - Market closed

Stock Price Chart

Key Info

Market Cap 1.62B
Revenue (ttm) 570.80M
Net Income (ttm) 97.21M
Shares Out 24.11M
EPS (ttm) 3.95
PE Ratio 16.96
Forward PE 16.23
Dividend $1.68
Dividend Yield 2.51%

Stock Quote

Trading Day November 24
Last Price $67.01
Previous Close $65.26
Change ($) 1.75
Change (%) 2.68%
Day's Open 65.36
Day's Range 65.30 - 67.43
Day's Volume 72,444
52-Week Range 44.32 - 83.95

More Stats

Market Cap 1.62B
Enterprise Value 1.86B
Earnings Date (est) Mar 2, 2021
Ex-Dividend Date Oct 15, 2020
Shares Outstanding 24.11M
Float 23.83M
EPS (basic) 4.02
EPS (diluted) 3.95
FCF / Share 4.53
Dividend $1.68
Dividend Yield 2.51%
Earnings Yield 5.89%
FCF Yield 6.75%
Payout Ratio 39.60%
Shares Short 184,532
Short Ratio 2.31
Short % of Float 0.77%
Beta 1.01
PE Ratio 16.96
Forward PE 16.23
P/FCF Ratio 14.81
PS Ratio 2.83
PB Ratio 2.35
Revenue 570.80M
Operating Income 137.98M
Net Income 97.21M
Free Cash Flow 109.11M
Net Cash -248.44M
Net Cash / Share -10.30
Gross Margin 46.63%
Operating Margin 24.17%
Profit Margin 17.00%
FCF Margin 19.11%
ROA 6.63%
ROE 15.21%
ROIC 8.90%
Stats based on trailing-twelve-month (ttm) numbers.

Analyst Forecasts

Analyst Ratings (3)

Buy 3
Overweight 0
Hold 0
Underweight 0
Sell 0

Analyst Consensus: Buy

Price Target

$76.67*
(14.42% upside)
Low
69.0
Current: $67.01
High
87.0
Target: 76.67
*Average 12-month price target from 3 stock analysts.

Financial Performance

Financial numbers in millions USD.

Financial Overview

Year2019201820172016201520142013201220112010
Revenue570498462424405408380364343291
Revenue Growth14.43%7.86%8.95%4.83%-0.88%7.54%4.25%6.24%17.59%-
Gross Profit266233206184177182169168167131
Operating Income14111794.7479.2676.9685.3680.2581.9888.6665.24
Net Income96.8179.4115438.2540.4745.7143.4044.7849.6036.48
Shares Outstanding24.2524.1424.0023.9025.3725.9125.4324.7624.3523.94
Earnings Per Share3.933.246.341.601.591.751.671.782.001.50
EPS Growth21.3%-48.9%296.25%0.63%-9.14%4.79%-6.18%-11%33.33%-
Dividend Per Share1.471.281.040.991.000.980.960.940.920.90
Dividend Growth14.45%23.67%5.08%-1.01%2.05%2.09%2.14%2.19%2.23%-
Operating Cash Flow188143122141144123134126129101
Capital Expenditures-135-96.95-70.85-60.18-114-130-111-115-144-106
Free Cash Flow52.6645.7251.5480.5230.12-6.8922.4411.39-14.40-5.60
Cash & Equivalents2.341.512.500.851.101.171.631.611.230.99
Total Debt293299303326381322290302297266
Net Cash / Debt-291-297-301-325-380-321-288-300-295-265
Assets1,3101,2171,1481,1281,1531,1161,028972919814
Liabilities676646624734773692627608586519
Book Value634572524394380425401365333295
Numbers in millions USD, except per-share numbers.

Company Profile

Company Details

Full Name McGrath RentCorp
Country United States
Employees 1,099
CEO Joseph F. Hanna

Stock Information

Ticker Symbol MGRC
Stock Exchange NASDAQ
Sector Industrials
Industry Rental & Leasing Services
Unique Identifier NASDAQ: MGRC

Description

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. McGrath RentCorp was founded in 1979 and is headquartered in Livermore, California.