McGrath RentCorp (MGRC)
NASDAQ: MGRC · Real-Time Price · USD
112.65
+0.67 (0.60%)
Dec 20, 2024, 4:00 PM EST - Market closed
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 29.16% from the current stock price of 112.65.
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for MGRC 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 2 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 1 | 1 | 1 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| CJS Securities | CJS Securities | Buy Initiates $152 | Buy | Initiates | $152 | +34.93% | Dec 11, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $124 → $139 | Buy | Maintains | $124 → $139 | +23.39% | Nov 22, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $120 → $124 | Buy | Maintains | $120 → $124 | +10.08% | Oct 25, 2024 |
| Oppenheimer | Oppenheimer | Buy Initiates $120 | Buy | Initiates | $120 | +6.52% | Sep 25, 2024 |
| Oppenheimer | Oppenheimer | Buy Maintains $114 → $116 | Buy | Maintains | $114 → $116 | +2.97% | Oct 6, 2023 |
Financial Forecast
Revenue This Year
932.37M
from 831.84M
Increased by 12.08%
Revenue Next Year
936.89M
from 932.37M
Increased by 0.48%
EPS This Year
5.43
from 7.12
Decreased by -23.70%
EPS Next Year
6.13
from 5.43
Increased by 12.77%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 961.8M | 1.0B | 1.1B |
| Avg | 932.4M | 936.9M | 990.1M |
| Low | 893.9M | 852.8M | 890.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 15.6% | 8.9% | 15.7% |
| Avg | 12.1% | 0.5% | 5.7% |
| Low | 7.5% | -8.5% | -4.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 5.78 | 6.72 | 7.72 |
| Avg | 5.43 | 6.13 | 6.93 |
| Low | 5.05 | 5.50 | 6.11 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -18.9% | 23.7% | 26.0% |
| Avg | -23.7% | 12.8% | 13.1% |
| Low | -29.1% | 1.2% | -0.3% |
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.