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How to buy McGrath RentCorp stock | $85.73

Learn how to easily invest in McGrath RentCorp stock.

McGrath RentCorp
NASDAQ: MGRC - USD
RENTAL & LEASING SERVICES
$79.88
+$1.46 (+1.86%)

McGrath RentCorp is a rental & leasing services business based in the US. McGrath RentCorp shares (MGRC) are listed on the NASDAQ and all prices are listed in US Dollars. McGrath RentCorp employs 1,061 staff and has a trailing 12-month revenue of around 0.00.

How to buy shares in McGrath RentCorp

  1. Compare share trading platforms.Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – MGRC – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

McGrath RentCorp stock price (NASDAQ: MGRC)

Use our graph to track the performance of MGRC stocks over time.

McGrath RentCorp shares at a glance

Information last updated 2021-07-30.
Latest market close$85.73
52-week range$54.13 - $87.05
50-day moving average $79.66
200-day moving average $79.80
Wall St. target price$99.00
PE ratio 19.3058
Dividend yield $1.695 (2.18%)
Earnings per share (TTM) $4.06

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy McGrath RentCorp stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

McGrath RentCorp price performance over time

Historical closes compared with the close of $85.73 from 2021-05-28

1 week (2021-07-22) N/A
1 month (2021-07-02) 5.18%
3 months (2021-04-30) 4.57%
6 months (2021-01-29) N/A
1 year (2020-07-29) N/A
2 years (2019-07-29) N/A
3 years (2018-07-29) N/A
5 years (2016-07-29) N/A

Is McGrath RentCorp under- or over-valued?

Valuing McGrath RentCorp stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of McGrath RentCorp's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

McGrath RentCorp's P/E ratio

McGrath RentCorp's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 19x. In other words, McGrath RentCorp shares trade at around 19x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

McGrath RentCorp's PEG ratio

McGrath RentCorp's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.9186. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into McGrath RentCorp's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

McGrath RentCorp's EBITDA

McGrath RentCorp's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $143.8 million.

The EBITDA is a measure of a McGrath RentCorp's overall financial performance and is widely used to measure a its profitability.

McGrath RentCorp financials

Revenue TTM $564.3 million
Operating margin TTM 23.92%
Gross profit TTM $263.7 million
Return on assets TTM 6.52%
Return on equity TTM 14.97%
Profit margin 17.58%
Book value $28.41
Market capitalisation $1.9 billion

TTM: trailing 12 months

Shorting McGrath RentCorp shares

There are currently 198,241 McGrath RentCorp shares held short by investors – that's known as McGrath RentCorp's "short interest". This figure is 28.2% down from 276,030 last month.

There are a few different ways that this level of interest in shorting McGrath RentCorp shares can be evaluated.

McGrath RentCorp's "short interest ratio" (SIR)

McGrath RentCorp's "short interest ratio" (SIR) is the quantity of McGrath RentCorp shares currently shorted divided by the average quantity of McGrath RentCorp shares traded daily (recently around 128727.92207792). McGrath RentCorp's SIR currently stands at 1.54. In other words for every 100,000 McGrath RentCorp shares traded daily on the market, roughly 1540 shares are currently held short.

However McGrath RentCorp's short interest can also be evaluated against the total number of McGrath RentCorp shares, or, against the total number of tradable McGrath RentCorp shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case McGrath RentCorp's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 McGrath RentCorp shares in existence, roughly 10 shares are currently held short) or 0.0088% of the tradable shares (for every 100,000 tradable McGrath RentCorp shares, roughly 9 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against McGrath RentCorp.

Find out more about how you can short McGrath RentCorp stock.

McGrath RentCorp share dividends

55%

Dividend payout ratio: 54.63% of net profits

Recently McGrath RentCorp has paid out, on average, around 54.63% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 2.23% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), McGrath RentCorp shareholders could enjoy a 2.23% return on their shares, in the form of dividend payments. In McGrath RentCorp's case, that would currently equate to about $1.695 per share.

McGrath RentCorp's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

McGrath RentCorp's most recent dividend payout was on 29 July 2021. The latest dividend was paid out to all shareholders who bought their shares by 14 July 2021 (the "ex-dividend date").

Have McGrath RentCorp's shares ever split?

McGrath RentCorp's shares were split on a 2:1 basis on 27 March 2005. So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your McGrath RentCorp shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for McGrath RentCorp shares which in turn could have impacted McGrath RentCorp's share price.

McGrath RentCorp share price volatility

Over the last 12 months, McGrath RentCorp's shares have ranged in value from as little as $54.1253 up to $87.0504. A popular way to gauge a stock's volatility is its "beta".

MGRC.US volatility(beta: 0.99)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while McGrath RentCorp's is 0.9902. This would suggest that McGrath RentCorp's shares are less volatile than average (for this exchange).

McGrath RentCorp overview

McGrath RentCorp operates as a business to business rental company in the United States and internationally. It rents and sells relocatable modular buildings, portable storage containers, electronic test equipment and related accessories, and liquid and solid containment tanks and boxes. The company operates through four segments: Mobile Modular, TRS-RenTelco, Adler Tanks, and Enviroplex. The Mobile Modular segment rents and sells modular buildings designed for use as classrooms, temporary offices adjacent to existing facilities, sales offices, construction field offices, restroom buildings, health care clinics, child care facilities, office spaces, and various other purposes; and portable storage containers. The TRS-RenTelco segment rents and sells general purpose electronic test equipment, such as oscilloscopes, amplifiers, analyzers, signal source, and power source test equipment primarily to aerospace, defense, electronics, industrial, research, and semiconductor industries. It also provides communications test equipment, including network and transmission test equipment for various fiber, copper, and wireless networks to the manufacturers of communications equipment and products, electrical and communications installation contractors, field technicians, and service providers. The Adler Tanks segment rents fixed axle steel tanks for storing groundwater, wastewater, volatile organic liquids, sewage, slurry and bio sludge, oil and water mixtures, and chemicals; vacuum containers for sludge and solid materials; dewatering boxes for the separation of water contained in sludge and slurry; and roll-off and trash boxes for temporary storage and transportation of solid waste.

Frequently asked questions

What percentage of McGrath RentCorp is owned by insiders or institutions?
Currently 1.095% of McGrath RentCorp shares are held by insiders and 85.851% by institutions.
How many people work for McGrath RentCorp?
Latest data suggests 1,061 work at McGrath RentCorp.
When does the fiscal year end for McGrath RentCorp?
McGrath RentCorp's fiscal year ends in December.
Where is McGrath RentCorp based?
McGrath RentCorp's address is: 5700 Las Positas Road, Livermore, CA, United States, 94551-7800
What is McGrath RentCorp's ISIN number?
McGrath RentCorp's international securities identification number is: US5805891091
What is McGrath RentCorp's CUSIP number?
McGrath RentCorp's Committee on Uniform Securities Identification Procedures number is: 580589109

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