Mcgrath Rentcorp Stock Price on May 2, 2024
| MGRC Stock | USD 120.90 1.44 1.21% |
Below is the normalized historical share price chart for McGrath RentCorp extending back to November 13, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of McGrath RentCorp stands at 120.90, as last reported on the 25th of November, with the highest price reaching 121.38 and the lowest price hitting 119.05 during the day.
If you're considering investing in McGrath Stock, it is important to understand the factors that can impact its price. McGrath RentCorp appears to be very steady, given 3 months investment horizon. McGrath RentCorp has Sharpe Ratio of 0.11, which conveys that the firm had a 0.11% return per unit of risk over the last 3 months. We have found thirty technical indicators for McGrath RentCorp, which you can use to evaluate the volatility of the firm. Please exercise McGrath RentCorp's mean deviation of 1.38, and Risk Adjusted Performance of 0.0939 to check out if our risk estimates are consistent with your expectations.
At present, McGrath RentCorp's Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Capital Stock is expected to grow to about 118.5 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 22 M. . At present, McGrath RentCorp's Price Cash Flow Ratio is projected to increase significantly based on the last few years of reporting. McGrath Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 26th of March 1990 | 200 Day MA 111.6815 | 50 Day MA 110.968 | Beta 0.731 |
McGrath |
Sharpe Ratio = 0.1096
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Estimated Market Risk
| 1.97 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.22 actual daily | 4 96% of assets have higher returns |
Risk-Adjusted Return
| 0.11 actual daily | 8 92% of assets perform better |
Based on monthly moving average McGrath RentCorp is performing at about 8% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of McGrath RentCorp by adding it to a well-diversified portfolio.
Price Book 2.713 | Enterprise Value Ebitda 7.6958 | Price Sales 3.3397 | Shares Float 24.2 M | Dividend Share 1.89 |
McGrath RentCorp Valuation on May 2, 2024
It is possible to determine the worth of McGrath RentCorp on a given historical date. On May 2, 2024 McGrath was worth 106.5 at the beginning of the trading date compared to the closed value of 107.72. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of McGrath RentCorp stock. Still, in general, we apply an absolute valuation method to find McGrath RentCorp's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of McGrath RentCorp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against McGrath RentCorp's related companies.
| Open | High | Low | Close | Volume | |
| 105.95 | 106.69 | 104.54 | 105.82 | 88,596 | |
05/02/2024 | 106.50 | 108.00 | 105.83 | 107.72 | 105,102 |
| 108.83 | 109.02 | 107.40 | 108.07 | 61,803 |
| Backtest McGrath RentCorp | | | McGrath RentCorp History | | | McGrath RentCorp Valuation | Previous | Next |
McGrath RentCorp Trading Date Momentum on May 2, 2024
| On May 03 2024 McGrath RentCorp was traded for 108.07 at the closing time. The top price for the day was 109.02 and the lowest listed price was 107.40 . The trading volume for the day was 61.8 K. The trading history from May 3, 2024 was a factor to the next trading day price growth. The trading delta at closing time against the next closing price was 0.32% . The trading delta at closing time against the current closing price is 1.16% . |
McGrath RentCorp Fundamentals Correlations and Trends
By evaluating McGrath RentCorp's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among McGrath RentCorp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. McGrath financial account trend analysis is a perfect complement when working with valuation or volatility modules.About McGrath RentCorp Stock history
McGrath RentCorp investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for McGrath is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in McGrath RentCorp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing McGrath RentCorp stock prices may prove useful in developing a viable investing in McGrath RentCorp
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 24.5 M | 22 M | |
| Net Income Applicable To Common Shares | 132.4 M | 139 M |
McGrath RentCorp Stock Technical Analysis
McGrath RentCorp technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
McGrath RentCorp Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
McGrath RentCorp cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
McGrath RentCorp November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how McGrath RentCorp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading McGrath RentCorp shares will generate the highest return on investment. By undertsting and applying McGrath RentCorp stock market strength indicators, traders can identify McGrath RentCorp entry and exit signals to maximize returns
McGrath RentCorp Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for McGrath RentCorp's price direction in advance. Along with the technical and fundamental analysis of McGrath Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of McGrath to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.0939 | |||
| Jensen Alpha | 0.1161 | |||
| Total Risk Alpha | (0.1) | |||
| Sortino Ratio | 0.0532 | |||
| Treynor Ratio | 0.2601 |
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Complementary Tools for McGrath Stock analysis
When running McGrath RentCorp's price analysis, check to measure McGrath RentCorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy McGrath RentCorp is operating at the current time. Most of McGrath RentCorp's value examination focuses on studying past and present price action to predict the probability of McGrath RentCorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move McGrath RentCorp's price. Additionally, you may evaluate how the addition of McGrath RentCorp to your portfolios can decrease your overall portfolio volatility.
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