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MGRC

MGRC - McGrath RentCorp Stock Price, Fair Value and News

104.51USD-0.36 (-0.34%)Market Closed

Market Summary

MGRC
USD104.51-0.36
Market Closed
-0.34%

MGRC Alerts

  • Big fall in earnings (Y/Y)

MGRC Stock Price

View Fullscreen

MGRC RSI Chart

MGRC Valuation

Market Cap

2.6B

Price/Earnings (Trailing)

20.39

Price/Sales (Trailing)

3

EV/EBITDA

7.97

Price/Free Cashflow

45.29

MGRC Price/Sales (Trailing)

MGRC Profitability

Operating Margin

47.85%

EBT Margin

19.48%

Return on Equity

13.34%

Return on Assets

5.56%

Free Cashflow Yield

2.21%

MGRC Fundamentals

MGRC Revenue

Revenue (TTM)

856.0M

Rev. Growth (Yr)

14.73%

Rev. Growth (Qtr)

-15.24%

MGRC Earnings

Earnings (TTM)

125.8M

Earnings Growth (Yr)

-68.11%

Earnings Growth (Qtr)

-28.64%

Breaking Down MGRC Revenue

Last 7 days

-0.8%

Last 30 days

-4%

Last 90 days

-12.5%

Trailing 12 Months

7.6%

How does MGRC drawdown profile look like?

MGRC Financial Health

MGRC Investor Care

Dividend Yield

1.79%

Dividend/Share (TTM)

1.87

Shares Dilution (1Y)

0.29%

Diluted EPS (TTM)

5.14

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
2024856.0M000
2023674.3M724.0M793.2M831.8M
2022538.4M545.4M546.4M635.7M
2021564.3M573.1M589.9M534.6M
2020577.7M587.9M570.8M572.6M
2019515.3M525.7M556.1M570.2M
2018472.3M479.7M487.4M498.3M
2017425.2M431.7M445.1M462.0M
2016408.1M415.1M424.1M424.1M
2015410.8M411.0M411.1M404.5M
2014378.3M386.9M391.1M408.1M
2013373.9M377.3M386.7M379.5M
2012348.6M352.9M347.3M364.1M
2011302.6M315.6M337.4M342.7M
20100281.0M286.2M291.4M
2009000275.8M
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Tracking the Latest Insider Buys and Sells of McGrath RentCorp

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 01, 2024
anderson nicolas c
acquired
-
-
1,200
-
Apr 01, 2024
dawson william j
acquired
-
-
1,200
-
Apr 01, 2024
box kimberly ann
acquired
-
-
1,200
-
Apr 01, 2024
fetter elizabeth a
acquired
-
-
1,200
-
Apr 01, 2024
shuster bradley m
acquired
-
-
1,200
-
Apr 01, 2024
conjeevaram smita
acquired
-
-
1,200
-
Apr 01, 2024
malek gilda
sold (taxes)
-61,592
120
-510
vp general counsel and corpora
Apr 01, 2024
malek gilda
acquired
-
-
1,429
vp general counsel and corpora
Feb 26, 2024
hawkins philip b
sold (taxes)
-189,593
124
-1,521
senior vp mobile modular div
Feb 26, 2024
lieffrig john
sold (taxes)
-141,353
124
-1,134
vp and division manager

1–10 of 50

Which funds bought or sold MGRC recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Jun 07, 2024
SG Capital Management LLC
sold off
-100
-1,953,630
-
-%
May 22, 2024
BURNEY CO/
sold off
-100
-478,759
-
-%
May 20, 2024
CIM, LLC
added
0.07
-6,051
546,679
0.08%
May 20, 2024
Virtu Financial LLC
new
-
3,350,000
3,350,000
0.26%
May 16, 2024
JANE STREET GROUP, LLC
added
154
1,480,330
2,393,870
-%
May 16, 2024
COMERICA BANK
reduced
-92.68
-504,276
41,169
-%
May 16, 2024
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM
reduced
-5.24
-70,158
3,024,290
-%
May 15, 2024
DARK FOREST CAPITAL MANAGEMENT LP
reduced
-27.31
-130,688
391,453
0.07%
May 15, 2024
CITADEL ADVISORS LLC
reduced
-93.51
-5,731,650
411,316
-%
May 15, 2024
Cubist Systematic Strategies, LLC
new
-
844,221
844,221
-%

1–10 of 50

Are Funds Buying or Selling MGRC?

Are funds buying MGRC calls or puts?
Calls
Puts
No. of funds holding Calls - Puts
Net Call Options
No. of funds that own MGRC
No. of Funds

Unveiling McGrath RentCorp's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
10.99%
2,691,278
SC 13G/A
Feb 09, 2024
dimensional fund advisors lp
4.8%
1,178,937
SC 13G/A
Jan 30, 2024
franklin mutual advisers llc
7.6%
1,866,600
SC 13G/A
Jan 25, 2024
blackrock inc.
8.7%
2,127,591
SC 13G/A
Feb 14, 2023
price t rowe associates inc /md/
1.5%
357,637
SC 13G/A
Feb 10, 2023
dimensional fund advisors lp
5.4%
1,319,542
SC 13G/A
Feb 09, 2023
vanguard group inc
10.77%
2,625,188
SC 13G/A
Feb 06, 2023
victory capital management inc
4.86%
1,185,018
SC 13G/A
Feb 03, 2023
blackrock inc.
8.3%
2,029,432
SC 13G/A
Jan 31, 2023
franklin mutual advisers llc
6.6%
1,613,652
SC 13G/A

Recent SEC filings of McGrath RentCorp

View All Filings
Date Filed Form Type Document
Jun 10, 2024
DEFM14A
DEFM14A
Jun 10, 2024
ARS
ARS
Jun 05, 2024
11-K/A
11-K/A
Jun 04, 2024
11-K
Employee Benefit Details
May 30, 2024
425
Prospectus Filed
May 02, 2024
425
Prospectus Filed
Apr 25, 2024
8-K
Current Report
Apr 25, 2024
10-Q
Quarterly Report
Apr 16, 2024
10-K/A
Annual Report
Apr 04, 2024
4
Insider Trading

Peers (Alternatives to McGrath RentCorp)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
99.3B
18.9B
-1.63% 9.79%
26.84
5.25
7.08% 13.46%
70.6B
9.4B
0.48% 41.29%
46.95
7.5
9.34% 15.98%
51.2B
4.2B
-3.80% 22.18%
36.88
12.29
10.92% 20.33%
29.9B
5.4B
-3.81% 4.01%
53.56
5.58
5.76% -4.95%
19.5B
10.7B
-0.35% 40.08%
32.12
1.82
15.15% 122.86%
10.2B
3.6B
-9.04% -2.16%
18.82
2.81
4.33% 10.69%
MID-CAP
6.8B
6.2B
-8.90% -11.53%
19.28
1.11
-13.83% -42.32%
5.4B
2.6B
24.92% 23.36%
-276.64
2.04
-3.11% -123.81%
5.0B
2.7B
-10.86% 5.65%
8.39
1.84
15.08% 18.59%
3.1B
8.2B
6.82% 14.78%
12.37
0.38
3.28% 27.24%
2.0B
2.7B
-0.18% 98.48%
19.32
0.72
104.63% 188.16%
SMALL-CAP
283.4M
1.9B
1.42% -48.74%
31.84
0.15
15.20% -4.30%
111.4M
283.1M
-6.86% -14.57%
12.73
0.39
-0.83% -20.92%
43.0M
212.0K
-5.00% -65.45%
-1.72
213.63
-40.62% -60.52%
9.2M
81.0M
6.57% 1.79%
-8.27
0.11
-5.10% -9.75%

McGrath RentCorp News

Latest updates
Defense World13 Jun 202404:41 am
The Motley Fool25 Apr 202407:00 am
The Motley Fool4 months ago

McGrath RentCorp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue-15.2%18822224420316418317415312594.00173146121149156138129147174127122
Cost Of Revenue-15.2%95.0011113210886.0095.0098.0086.0067.0045.0097.0081.0064.0078.0088.0074.0068.0076.0095.0068.0065.00
Gross Profit-15.3%93.0011011295.0077.0088.0077.0067.0058.0049.0076.0066.0057.0071.0068.0063.0062.0071.0078.0060.0057.00
  S&GA Expenses9.7%60.0055.0049.0047.0057.0040.0037.0034.0033.0014.0040.0036.0033.0030.0031.0031.0032.0033.0032.0031.0030.00
EBITDA Margin4.4%0.38*0.36*0.37*0.37*0.38*0.41*0.45*0.44*0.44*0.43*0.39*0.40*---------
Interest Expenses4.8%13.0012.0011.0010.007.004.003.002.002.001.003.002.002.002.002.002.003.003.003.003.003.00
Income Taxes-39.6%7.0012.0015.0010.001.0010.009.007.005.0010.009.007.005.008.007.008.006.009.0011.006.006.00
Earnings Before Taxes-31.6%30.0044.0056.0038.0013.0045.0036.0031.0023.0034.0033.0027.0022.0039.0035.0031.0027.0035.0043.0026.0024.00
EBT Margin8.4%0.19*0.18*0.19*0.18*0.18*0.21*0.23*0.22*0.22*0.22*0.21*0.22*---------
Net Income-28.6%23.0032.0040.0031.0072.0040.0031.0026.0019.0028.0023.0021.0017.0031.0028.0023.0017.0026.0032.0019.0018.00
Net Income Margin-30.0%0.15*0.21*0.23*0.24*0.25*0.18*0.19*0.18*0.17*0.17*0.16*0.17*---------
Free Cashflow166.8%34.00-51.1042.0031.0029.0054.0047.0029.0046.0058.0040.0059.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets2.1%2,2632,2172,1372,1092,0621,7081,6781,6451,6031,5961,6101,5961,2721,2761,2951,3121,3141,3101,3061,2801,240
    Cash Equivalents118.0%2.001.002.002.001.001.002.001.002.001.002.002.002.001.002.001.000.002.002.001.001.00
  Inventory59.1%25.0015.00-------------------
  Net PPE------------139135136134134132131128127128
  Goodwill0%3233233243252.001061321321321321321322.0028.0028.0028.0028.0028.0028.0028.00-
Liabilities2.9%1,3201,2831,2251,2291,202904905893865864898898585593634669677676690688659
Shareholder's Equity1.0%943934911881860804773752738732712698688683662644688634617592581
  Retained Earnings1.3%834823802773754694666646631623606593583576556538531528511487477
Shares Outstanding0.2%25.0024.0024.0024.0024.0024.0024.0024.0024.0024.0024.0024.00---------
Float----2,264,372-------1,959---1,826,964---1,493-
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations352.2%59,420-23,56047,45235,74035,71161,13451,25530,30051,74359,45638,30560,37337,60948,96734,01551,84045,68251,12544,88245,48146,506
  Share Based Compensation-27.0%2,2093,0271,8911,8891,4932,8941,6941,6521,7602,3641,7051,8201,7776551,6701,5011,7231,7961,3501,3541,392
Cashflow From Investing-29.5%-78,113-60,321-31,340-36,678-263,529-44,631-17,212-35,045-34,539-16,280-14,575-312,294-8,547-11,5381,073-14,322-28,214-32,499-34,263-48,730-27,652
Cashflow From Financing-76.2%19,72882,812-16,3792,456227,547-17,105-33,2173,882-17,093-44,074-23,790252,033-27,967-37,802-33,994-37,143-19,512-18,617-9,8083,315-18,906
  Dividend Payments3.4%11,77411,38811,38611,38211,40011,09411,09211,07711,00610,54710,54610,53510,55410,12710,11610,1579,3699,1079,0959,0898,248
  Buy Backs---------------1175,6487,852----
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MGRC Income Statement

2024-03-31
Condensed Consolidated Statements of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Revenues  
Rental$ 120,332$ 110,247
Rental related services29,58027,132
Rental operations149,912137,379
Total revenues187,827163,718
Direct costs of rental operations:  
Depreciation of rental equipment22,36621,833
Rental related services20,78619,268
Other29,01031,135
Total direct costs of rental operations72,16272,236
Costs of sales22,39714,115
Total costs of revenues94,55986,351
Gross profit93,26877,367
Expenses:  
Selling and administrative expenses59,81857,498
Other income, net(9,281) 
Income from operations42,73119,869
Interest expense12,7047,464
Foreign currency exchange loss (gain)132(226)
Income from continuing operations before provision for income taxes29,89512,631
Provision for income taxes from continuing operations7,0471,113
Income from continuing operations22,84811,518
Discontinued operations:  
Income from discontinued operations before provision for income taxes 1,709
Provision for income taxes from discontinued operations 453
Gain on sale of discontinued operations, net of tax 58,883
Income from discontinued operations 60,139
Net income$ 22,848$ 71,657
Earnings per share from continuing operations:  
Basic$ 0.93$ 0.47
Diluted0.930.47
Earnings per share from discontinued operations:  
Basic 2.46
Diluted 2.45
Earnings per share:  
Basic0.932.93
Diluted$ 0.93$ 2.92
Shares used in per share calculation:  
Basic24,51324,416
Diluted24,56424,542
Cash dividends declared per share$ 0.475$ 0.465
Sales [Member]  
Revenues  
Revenues$ 35,069$ 23,660
Other [Member]  
Revenues  
Revenues$ 2,846$ 2,679

MGRC Balance Sheet

2024-03-31
Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Mar. 31, 2024
Dec. 31, 2023
Assets  
Cash$ 1,912$ 877
Accounts receivable, net of allowance for credit losses of $2,819 at March 31, 2024 and $2,801 at December 31, 2023211,950227,368
Rental equipment, at cost:  
Relocatable modular buildings1,345,9191,291,093
Portable storage containers240,517236,123
Electronic test equipment370,641377,587
Rental equipment, gross1,957,0771,904,803
Less: accumulated depreciation(588,535)(575,480)
Rental equipment, net1,368,5421,329,323
Property, plant and equipment, net189,166169,114
Inventories24,54815,425
Prepaid expenses and other assets82,06687,364
Intangible assets, net62,02064,588
Goodwill323,224323,224
Total assets2,263,4282,217,283
Liabilities:  
Notes payable798,561762,975
Accounts payable57,16258,760
Accrued Liabilities95,725108,763
Deferred income122,696111,428
Deferred income taxes, net246,264241,555
Total liabilities1,320,4081,283,481
Shareholders’ equity:  
Common stock, no par value - Authorized 40,000 shares Issued and outstanding - 24,541 shares as of March 31, 2024 and 24,496 shares as of December 31, 2023109,249111,122
Retained earnings833,820822,796
Accumulated other comprehensive loss(49)(116)
Total shareholders’ equity943,020933,802
Total liabilities and shareholders’ equity$ 2,263,428$ 2,217,283
MGRC
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 liquid and solid containment tanks and boxes. The company operates through Mobile Modular, TRS-RenTelco, and Enviroplex segments. 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 Enviroplex segment manufactures and sells portable classrooms directly to public school districts and other educational institutions in California. The company was incorporated in 1979 and is based in Livermore, California.
 CEO
 WEBSITEmgrc.com
 INDUSTRYInformation Technology Services
 EMPLOYEES1218

McGrath RentCorp Frequently Asked Questions


What is the ticker symbol for McGrath RentCorp? What does MGRC stand for in stocks?

MGRC is the stock ticker symbol of McGrath RentCorp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of McGrath RentCorp (MGRC)?

As of Fri Jun 14 2024, market cap of McGrath RentCorp is 2.57 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of MGRC stock?

You can check MGRC's fair value in chart for subscribers.

What is the fair value of MGRC stock?

You can check MGRC's fair value in chart for subscribers. The fair value of McGrath RentCorp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of McGrath RentCorp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for MGRC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is McGrath RentCorp a good stock to buy?

The fair value guage provides a quick view whether MGRC is over valued or under valued. Whether McGrath RentCorp is cheap or expensive depends on the assumptions which impact McGrath RentCorp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for MGRC.

What is McGrath RentCorp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Jun 14 2024, MGRC's PE ratio (Price to Earnings) is 20.39 and Price to Sales (PS) ratio is 3. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. MGRC PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on McGrath RentCorp's stock?

In the past 10 years, McGrath RentCorp has provided 0.143 (multiply by 100 for percentage) rate of return.