Mcgrath Rentcorp Stock Statistic Functions Linear Regression Slope

MGRC Stock  USD 120.90  1.44  1.21%   
McGrath RentCorp statistic functions tool provides the execution environment for running the Linear Regression Slope function and other technical functions against McGrath RentCorp. McGrath RentCorp value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Linear Regression Slope function function is designed to identify and follow existing trends. McGrath RentCorp statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

Execute Function
The output start index for this execution was eleven with a total number of output elements of fifty. The Linear Regression Slope is the rate of change in McGrath RentCorp price series over its benchmark or peer price series.

McGrath RentCorp Technical Analysis Modules

Most technical analysis of McGrath RentCorp help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for McGrath from various momentum indicators to cycle indicators. When you analyze McGrath charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About McGrath RentCorp Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of McGrath RentCorp. We use our internally-developed statistical techniques to arrive at the intrinsic value of McGrath RentCorp based on widely used predictive technical indicators. In general, we focus on analyzing McGrath Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build McGrath RentCorp's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of McGrath RentCorp's intrinsic value. In addition to deriving basic predictive indicators for McGrath RentCorp, we also check how macroeconomic factors affect McGrath RentCorp price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2021 2022 2023 2024 (projected)
Dividend Yield0.02170.01840.01560.02
Price To Sales Ratio3.153.283.521.87
Hype
Prediction
LowEstimatedHigh
118.38120.34122.30
Details
Intrinsic
Valuation
LowRealHigh
112.88114.84132.99
Details
Naive
Forecast
LowNextHigh
113.55115.51117.47
Details
1 Analysts
Consensus
LowTargetHigh
113.30124.50138.20
Details

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When determining whether McGrath RentCorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of McGrath RentCorp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Mcgrath Rentcorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Mcgrath Rentcorp Stock:
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 Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
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.