McGrath RentCorp (MGRC)
NASDAQ: MGRC · IEX Real-Time Price · USD
112.42
-0.27 (-0.24%)
At close: Jul 19, 2024, 4:00 PM
112.41
-0.01 (-0.01%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
McGrath RentCorp Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for McGrath RentCorp stock has a target of 116, which predicts an increase of 3.18% from the current stock price of 112.42.
Analyst Consensus: Buy
* Price targets were last updated on Oct 6, 2023.
Analyst Ratings
According to 1 stock analyst, the rating for MGRC is "Buy". This means that the analyst believes this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
Rating | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
---|---|---|---|---|---|
Strong Buy | 1 | 1 | 1 | 1 | 0 |
Buy | 1 | 1 | 1 | 1 | 1 |
Hold | 0 | 0 | 0 | 0 | 0 |
Sell | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 |
Total | 2 | 2 | 2 | 2 | 1 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Oppenheimer | Oppenheimer | Buy Maintains $114 → $116 | Buy | Maintains | $114 → $116 | +3.18% | Oct 6, 2023 |
Oppenheimer | Oppenheimer | Buy Maintains $107 → $114 | Buy | Maintains | $107 → $114 | +1.41% | Feb 23, 2023 |
Sidoti & Co. | Sidoti & Co. | Hold → Strong Buy Upgrades $127 | Hold → Strong Buy | Upgrades | $127 | +12.97% | Feb 2, 2023 |
Sidoti & Co. | Sidoti & Co. | Strong Buy → Hold Downgrades $106 | Strong Buy → Hold | Downgrades | $106 | -5.71% | Nov 16, 2022 |
Financial Forecast
Revenue This Year
888.82M
from 831.84M
Increased by 6.85%
Revenue Next Year
932.36M
from 888.82M
Increased by 4.90%
EPS This Year
5.61
from 7.12
Decreased by -21.21%
EPS Next Year
6.26
from 5.61
Increased by 11.55%
Revenue Forecast
Revenue | 2024 | 2025 |
---|---|---|
High | 937.0M | 994.4M |
Avg | 888.8M | 932.4M |
Low | 833.4M | 863.5M |
Revenue Growth
Revenue Growth | 2024 | 2025 |
---|---|---|
High | 12.6% | 11.9% |
Avg | 6.8% | 4.9% |
Low | 0.2% | -2.8% |
EPS Forecast
EPS | 2024 | 2025 |
---|---|---|
High | 5.83 | 6.53 |
Avg | 5.61 | 6.26 |
Low | 5.34 | 5.93 |
EPS Growth
EPS Growth | 2024 | 2025 |
---|---|---|
High | -18.2% | 16.4% |
Avg | -21.2% | 11.5% |
Low | -25.0% | 5.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.