Mcgrath Rentcorp Stock Today
| MGRC Stock | USD 120.90 1.44 1.21% |
Performance7 of 100
| Odds Of DistressLess than 11
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McGrath RentCorp is trading at 120.90 as of the 24th of November 2024, a 1.21% increase since the beginning of the trading day. The stock's open price was 119.46. McGrath RentCorp has less than a 11 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for McGrath RentCorp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of October 2024 and ending today, the 24th of November 2024. Click here to learn more.
Business Domain Commercial & Professional Services | IPO Date 26th of March 1990 | Category Industrials |
McGrath RentCorp operates as a business to business rental company in the United States and internationally. The company was incorporated in 1979 and is headquartered in Livermore, California. McGrath RentCorp operates under Rental Leasing Services classification in the United States and is traded on NASDAQ Exchange. The company has 24.55 M outstanding shares of which 783.27 K shares are now shorted by private and institutional investors with about 2.73 trading days to cover. More on McGrath RentCorp
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McGrath Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| President | David Whitney | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Commercial Services & Supplies, Commercial & Professional Services, Industrials, NASDAQ Composite, NASDAQ Composite Total, Industrials, Commercial Services & Supplies, Rental & Leasing Services, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Financial Strength
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Debt LevelsMcGrath RentCorp can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand McGrath RentCorp's financial leverage. It provides some insight into what part of McGrath RentCorp's total assets is financed by creditors.
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McGrath RentCorp (MGRC) is traded on NASDAQ Exchange in USA. It is located in 5700 Las Positas Road, Livermore, CA, United States, 94551-7800 and employs 1,204 people. McGrath RentCorp is listed under Commercial Services & Supplies category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.97 B. McGrath RentCorp conducts business under Commercial Services & Supplies sector and is part of Industrials industry. The entity has 24.55 M outstanding shares of which 783.27 K shares are now shorted by private and institutional investors with about 2.73 trading days to cover.
McGrath RentCorp currently holds about 1.56 M in cash with 95.34 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.06.
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Ownership AllocationMcGrath RentCorp maintains a total of 24.55 Million outstanding shares. The majority of McGrath RentCorp outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in McGrath RentCorp to benefit from reduced commissions. Accordingly, institutional holders are subject to a different set of regulations than regular investors in McGrath RentCorp. Please pay attention to any change in the institutional holdings of McGrath RentCorp as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
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McGrath Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Geode Capital Management, Llc | 2024-09-30 | 578.3 K | |
| Capital Research Global Investors | 2024-09-30 | 539.3 K | |
| Alliancebernstein L.p. | 2024-06-30 | 526.2 K | |
| Magnetar Financial Llc | 2024-09-30 | 504.3 K | |
| Vaughan Nelson Scarbrgh & Mccullough Lp | 2024-06-30 | 486.2 K | |
| Cnh Partners, Llc | 2024-06-30 | 442.3 K | |
| Hawk Ridge Management Llc | 2024-09-30 | 436.1 K | |
| Snyder Capital Management Lp | 2024-09-30 | 319.3 K | |
| Silvercrest Asset Management Group Llc | 2024-06-30 | 308.5 K | |
| Vanguard Group Inc | 2024-09-30 | 2.7 M | |
| Blackrock Inc | 2024-06-30 | 1.9 M |
McGrath RentCorp Historical Income Statement
McGrath Stock Against Markets
McGrath RentCorp Corporate Management
| David CPA | Corporate VP | Profile | |
| Gilda JD | General VP | Profile | |
| Kristina TreaseWhitney | Senior Development | Profile | |
| Tara Wescott | Vice Resources | Profile |
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in McGrath RentCorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade McGrath Stock refer to our How to Trade McGrath Stock guide.You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Commercial Services & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of McGrath RentCorp. If investors know McGrath will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about McGrath RentCorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.688 | Dividend Share 1.89 | Earnings Share 9.15 | Revenue Per Share 36.237 | Quarterly Revenue Growth 0.095 |
The market value of McGrath RentCorp is measured differently than its book value, which is the value of McGrath that is recorded on the company's balance sheet. Investors also form their own opinion of McGrath RentCorp's value that differs from its market value or its book value, called intrinsic value, which is McGrath RentCorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because McGrath RentCorp's market value can be influenced by many factors that don't directly affect McGrath RentCorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between McGrath RentCorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if McGrath RentCorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, McGrath RentCorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.