McGrath RentCorp (MGRC)

NASDAQ: MGRC · IEX Real-Time Price · USD
123.37
+0.98 (0.80%)
Mar 28, 2024, 4:00 PM EDT - Market closed

Total Valuation

MGRC has a market cap or net worth of $3.00 billion. The enterprise value is $3.76 billion.

Market Cap 3.00B
Enterprise Value 3.76B

Important Dates

The next estimated earnings date is Thursday, May 2, 2024, after market close.

Earnings Date May 2, 2024
Ex-Dividend Date Apr 15, 2024

Share Statistics

MGRC has 24.50 million shares outstanding. The number of shares has increased by 0.04% in one year.

Shares Outstanding 24.50M
Shares Change (YoY) +0.04%
Shares Change (QoQ) +0.04%
Owned by Insiders (%) 0.64%
Owned by Institutions (%) 86.95%
Float 24.12M

Valuation Ratios

The trailing PE ratio is 17.33 and the forward PE ratio is 22.32. MGRC's PEG ratio is 1.73.

PE Ratio 17.33
Forward PE 22.32
PS Ratio 3.60
Forward PS 3.42
PB Ratio 3.21
P/FCF Ratio n/a
PEG Ratio 1.73
Financial Ratio History

Enterprise Valuation

EV / Earnings 21.53
EV / Sales 4.52
EV / EBITDA 10.38
EV / EBIT 14.87
EV / FCF n/a

Financial Position

Current Ratio n/a
Quick Ratio n/a
Debt / Equity 0.82
Debt / EBITDA 2.11
Debt / FCF n/a
Interest Coverage 6.23

Financial Efficiency

Return on equity (ROE) is 19.50% and return on invested capital (ROIC) is 9.20%.

Return on Equity (ROE) 19.50%
Return on Assets (ROA) 8.20%
Return on Capital (ROIC) 9.20%
Revenue Per Employee $690,899
Profits Per Employee $145,034
Employee Count 1,204
Asset Turnover 0.39
Inventory Turnover n/a

Taxes

In the past 12 months, MGRC has paid $37.61 million in taxes.

Income Tax 37.61M
Effective Tax Rate 17.72%

Stock Price Statistics

The stock price has increased by +32.86% in the last 52 weeks. The beta is 0.79, so MGRC's price volatility has been lower than the market average.

Beta (1Y) 0.79
52-Week Price Change +32.86%
50-Day Moving Average 122.57
200-Day Moving Average 106.29
Relative Strength Index (RSI) 51.51
Average Volume (30 Days) 342,049

Short Selling Information

The latest short interest is 2.26 million, so 9.23% of the outstanding shares have been sold short.

Short Interest 2.26M
Short Previous Month 1.84M
Short % of Shares Out 9.23%
Short % of Float 9.37%
Short Ratio (days to cover) 3.11

Income Statement

In the last 12 months, MGRC had revenue of $831.84 million and earned $174.62 million in profits. Earnings per share was $7.12.

Revenue 831.84M
Gross Profit 393.63M
Operating Income 189.71M
Pretax Income 212.23M
Net Income 174.62M
EBITDA 362.17M
EBIT 252.79M
Earnings Per Share (EPS) $7.12
Full Income Statement

Balance Sheet

The company has $877,000 in cash and $762.98 million in debt, giving a net cash position of -$762.10 million or -$31.11 per share.

Cash & Cash Equivalents 877,000
Total Debt 762.98M
Net Cash -762.10M
Net Cash Per Share -$31.11
Equity / Book Value 933.80M
Book Value Per Share 38.12
Working Capital n/a
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $95.34 million and capital expenditures -$197.80 million, giving a free cash flow of -$102.46 million.

Operating Cash Flow 95.34M
Capital Expenditures -197.80M
Free Cash Flow -102.46M
FCF Per Share -$4.19
Full Cash Flow Statement

Margins

Gross margin is 47.32%, with operating and profit margins of 22.81% and 20.99%.

Gross Margin 47.32%
Operating Margin 22.81%
Pretax Margin 25.51%
Profit Margin 20.99%
EBITDA Margin 43.54%
EBIT Margin 30.39%
FCF Margin -12.32%

Dividends & Yields

This stock pays an annual dividend of $1.90, which amounts to a dividend yield of 1.54%.

Dividend Per Share $1.90
Dividend Yield 1.54%
Dividend Growth (YoY) 2.19%
Years of Dividend Growth 25
Payout Ratio 26.69%
Buyback Yield -0.04%
Shareholder Yield 1.50%
Earnings Yield 5.82%
FCF Yield -3.42%
Dividend Details

Analyst Forecast

The average price target for MGRC is $116.00, which is -5.97% lower than the current price. The consensus rating is "Buy".

Price Target $116.00
Price Target Difference -5.97%
Analyst Consensus Buy
Analyst Count 1
Revenue Growth Forecast (5Y) n/a
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

The last stock split was on March 28, 2005. It was a forward split with a ratio of 2:1.

Last Split Date Mar 28, 2005
Split Type Forward
Split Ratio 2:1

Scores

Altman Z-Score n/a
Piotroski F-Score 5