15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 2 firms covering McGrath RentCorp, 2 rate it Buy or better, 0 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. Targets are tightly clustered, $140.00 to $140.00, so the covering firms are broadly aligned. The average target of $140.00 sits 17% above the current $120.03. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees consensus EPS building from about $1.84 next quarter toward $7.01 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS2 ratings
Moderate Buy
Strong Buy00%
Buy2100%
Hold00%
Sell00%
Strong Sell00%
Based on 2 analysts giving stock ratings to McGrath RentCorp.
As of Jul, 2 of 2 firms rate MGRC a Buy (0 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
MGRC EPS & revenue forecast
EPS · NEXT QUARTER
$1.84
Range $1.76 – $1.92 · 4 analysts · +7% YoY
Next period, 4 analysts expect McGrath RentCorp to earn $1.84 a share (range $1.76 – $1.92), versus $1.72 a year earlier. Full-year consensus is $6.34, growing to $7.01 the year after.
REVENUE · NEXT QUARTER
$269.6M
Range $265.2M – $274.3M · 4 analysts · +5% YoY
Revenue is expected to reach $269.6M (range $265.2M – $274.3M), +5.1% year-over-year. Full-year consensus is $966.5M, rising to $1.0B next year.
Top analysts covering McGrath RentCorp
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on MGRC.
#1
Manav Patnaik
Barclays · Rank #113
Buy
$140.00+16.6% to target
Overall win rate
41%
+ Follow
#2
DM
Daniel Moore
CJS Securities
Buy
$152.00+26.6% to target
Coverage
—
+ Follow
#3
Scott Schneeberger
Oppenheimer
Buy
$120.00-0.0% to target
Coverage
—
+ Follow
MGRC stock forecast FAQ
What is MGRC's average 12-month price target?+
The 1 analysts with a live target average $140.00 for McGrath RentCorp over the next 12 months, ranging from a $140.00 high to a $140.00 low.
Is MGRC stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 2 analyst ratings, 2 are Buy or Strong Buy, 0 are Hold, and 0 are Sell or Strong Sell.
How many Wall Street analysts cover MGRC?+
2 analysts have an active rating on McGrath RentCorp, and 1 firms carry a live 12-month price target.
Who is the most accurate analyst covering MGRC?+
Among analysts who currently cover MGRC, Manav Patnaik of Barclays has the strongest overall Quantellect track record (Rank #113). Their current call is Buy with a $140.00 target.
What is McGrath RentCorp's projected EPS for next quarter?+
The consensus estimate is $1.84 per share (range $1.76 – $1.92) across 4 analysts. Full-year EPS is projected at $6.34, rising to $7.01 the following year.
How much revenue is McGrath RentCorp expected to report next quarter?+
Consensus revenue is $269.6M (range $265.2M – $274.3M). Full-year revenue is projected at $966.5M, growing to $1.0B next year.
Have analysts been upgrading or downgrading MGRC lately?+
As of Jul, 2 of 2 firms rate MGRC a Buy (0 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their MGRC calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
