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MarketScreener Homepage  >  Equities  >  Nasdaq  >  McGrath RentCorp    MGRC

MCGRATH RENTCORP

(MGRC)
  Report
Delayed Quote. Delayed Nasdaq - 02/20 04:00:00 pm
80.73 USD   -1.30%
01/27McGrath RentCorp Sets Fourth Quarter 2019 Financial Results Date and Time
GL
01/16MCGRATH RENTCORP : Ex-dividend day for
FA
2019MCGRATH RENTCORP : In an accumulation phase
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McGrath RentCorp : In an accumulation phase

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12/20/2019 | 09:03am EST
long trade
Live
Entry price : 77.42$ | Target : 84$ | Stop-loss : 73.9$ | Potential : 8.5%
The price of McGrath RentCorp shares is range-bound. This phase will end sooner or later when volatility comes back.
Investors have an opportunity to buy the stock and target the $ 84.
McGrath RentCorp : McGrath RentCorp : In an accumulation phase
Summary
  • The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
  • The company has solid fundamentals for a short-term investment strategy.

Strengths
  • There is high visibility into the group's activities for the coming years. Outlooks on future revenues from analysts covering the equity remain similar. Such hardly dispersed estimates support highly predictable sales for the current and upcoming fiscal years.
  • The group usually releases upbeat results with huge surprise rates.
  • Upward revisions of sales forecast reflect a renewed optimism among the analysts covering the stock.
  • Over the past year, analysts have regularly revised upwards their sales forecast for the company.
  • For the past twelve months, EPS forecast has been revised upwards.
  • For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
  • Analysts covering this company mostly recommend stock overweighting or purchase.
  • The difference between current prices and the average target price is rather important and implies a significant appreciation potential for the stock.
  • The tendency within the weekly time frame is positive above the technical support level at 63.41 USD

Weaknesses
  • The stock is close to a major daily resistance at USD 78.46, which should be gotten rid of so as to gain new appreciation potential.
Ratings chart
Subsector Commercial Equipment Rental
1st jan.Capitalisation (M$)Investor Rating
MCGRATH RENTCORP5.47%1 961
ASHTEAD GROUP PLC14.91%16 061
AIR LEASE CORPORATION-7.93%5 062
TRITON INTERNATIONAL LIMITE..-3.98%2 783
UNIDAS - TODOS OS DIREITOS ..5.24%2 726
AIRCASTLE LIMITED0.66%2 420
-
HERC HOLDINGS INC.-9.52%1 272
H&E EQUIPMENT SERVICES, INC..-11.10%938
KANAMOTO CO.,LTD.-4.60%918
NISHIO RENT ALL CO., LTD.-5.76%725
CRAMO OYJ3.85%676
More Results

David Meurisse
© MarketScreener.com 2019
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Disclaimer: The information, charts, data, views, or comments provided by SURPERFORMANCE SAS are intended for investors who have the necessary knowledge and experience to understand and appreciate the information contained within. These items are disseminated for personal reference only. They do not constitute an offer or solicitation to buy or sell financial products or services, nor an investment advice.
The use of the information disseminated takes place under the investor's sole responsibility, without recourse against SURPERFORMANCE SAS. SURPERFORMANCE SAS will not be liable, whether in contract, in tort, under any warranty, for errors, omissions, improper investments, or adverse evolution of markets.

Financials (USD)
Sales 2019 561 M
EBIT 2019 137 M
Net income 2019 93,5 M
Debt 2019 264 M
Yield 2019 1,80%
P/E ratio 2019 21,2x
P/E ratio 2020 20,1x
EV / Sales2019 3,97x
EV / Sales2020 3,69x
Capitalization 1 961 M
Upcoming event on MCGRATH RENTCORP
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 3
Average target price 94,50  $
Last Close Price 80,73  $
Spread / Highest target 22,6%
Spread / Average Target 17,1%
Spread / Lowest Target 11,5%
EPS Revisions
Managers
NameTitle
Joseph F. Hanna President, Chief Executive Officer & Director
Ronald H. Zech Non-Executive Chairman
Keith E. Pratt Chief Financial Officer & Executive Vice President
Dennis P. Stradford Independent Director
William J. Dawson Independent Director