McGrath RentCorp Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for McGrath RentCorp stock have an average target of 145.5, with a low estimate of 139 and a high estimate of 152. The average target predicts an increase of 28.17% from the current stock price of 113.52.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$139	$145.5	$152	$152
Change	+22.45%	+28.17%	+33.90%	+33.90%

* Price targets were last updated on Dec 11, 2024.

Analyst Ratings

The average analyst rating for McGrath RentCorp stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25	Mar '25
Strong Buy	0	0	0	0	0	0
Buy	1	1	2	2	2	2
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	1	1	2	2	2	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Daniel Moore CJS Securities	CJS Securities	Buy Initiates $152	Buy	Initiates	$152	+33.90%	Dec 11, 2024
Scott Schneeberger Oppenheimer	Oppenheimer	Buy Maintains $124 → $139	Buy	Maintains	$124 → $139	+22.45%	Nov 22, 2024
Scott Schneeberger Oppenheimer	Oppenheimer	Buy Maintains $120 → $124	Buy	Maintains	$120 → $124	+9.23%	Oct 25, 2024
Scott Schneeberger Oppenheimer	Oppenheimer	Buy Initiates $120	Buy	Initiates	$120	+5.71%	Sep 25, 2024
Scott Schneeberger Oppenheimer	Oppenheimer	Buy Maintains $114 → $116	Buy	Maintains	$114 → $116	+2.18%	Oct 6, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

970.05M

from 910.94M

6.49%

from 910.94M

Revenue Next Year

1.02B

from 970.05M

5.25%

from 970.05M

EPS This Year

6.07

from 9.43

-35.61%

from 9.43

EPS Next Year

6.71

from 6.07

10.53%

from 6.07

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	572.55M	534.59M	635.67M	831.84M	910.94M	970.05M	1.02B
Revenue Growth	0.41%	-6.63%	18.91%	30.86%	9.51%	6.49%	5.25%
EPS	4.16	3.66	4.69	7.12	9.43	6.07	6.71
EPS Growth	5.85%	-12.06%	28.26%	51.71%	32.46%	-35.61%	10.53%
Forward PE	-	-	-	-	-	18.69	16.91
No. Analysts	-	-	-	-	-	5	5

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026
High	1.0B	1.1B
Avg	970.1M	1.0B
Low	919.3M	957.2M

Revenue Growth

Revenue Growth	2025	2026
High	11.9%	11.8%
Avg	6.5%	5.3%
Low	0.9%	-1.3%

EPS Forecast

EPS	2025	2026
High	6.50	7.21
Avg	6.07	6.71
Low	5.38	6.02

EPS Growth

EPS Growth	2025	2026
High	-31.1%	18.8%
Avg	-35.6%	10.5%
Low	-42.9%	-0.9%

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.