How to buy McGrath RentCorp stock (MGRC)

McGrath RentCorp is a rental & leasing services business based in the US. McGrath RentCorp shares (MGRC) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $112.65 – a decrease of 5.05% over the previous week. McGrath RentCorp employs 1,204 staff and has a trailing 12-month revenue of around $888.8 million.

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McGrath RentCorp stock price (NASDAQ: MGRC)

Use our graph to track the performance of MGRC stocks over time.

McGrath RentCorp shares at a glance

• Key figures

Information last updated 2024-12-18.

Latest market close	$112.65
52-week range	$95.08 - $129.21
50-day moving average more info button	$116.07
200-day moving average more info button	$111.21
Wall St. target price	$140.67
PE ratio more info button	12.4984
Dividend yield more info button	$1.89 (1.6%)
Earnings per share (TTM) more info button	$9.15

Is it a good time to buy McGrath RentCorp stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

McGrath RentCorp price performance over time

Historical closes compared with the close of $111.98 from 2024-12-19

1 week (2024-12-13)	-5.61%
1 month (2024-11-21)	-6.26%
3 months (2024-09-20)	12.77%
6 months (2024-06-20)	5.37%

1 year (2023-12-20)	-3.32%
2 years (2022-12-20)	18.74%
3 years (2021-12-20)	57.68%
5 years (2019-12-20)	60.76%

Is McGrath RentCorp stock undervalued or overvalued?

Valuing McGrath RentCorp stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of McGrath RentCorp's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

McGrath RentCorp's P/E ratio

McGrath RentCorp's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 12x. In other words, McGrath RentCorp shares trade at around 12x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

McGrath RentCorp's PEG ratio

McGrath RentCorp's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.518. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into McGrath RentCorp's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

McGrath RentCorp's EBITDA

McGrath RentCorp's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $255.4 million.

The EBITDA is a measure of a McGrath RentCorp's overall financial performance and is widely used to measure a its profitability.

McGrath RentCorp financials

Revenue TTM	$888.8 million
Operating margin TTM	28%
Gross profit TTM	$336.9 million
Return on assets TTM	6.67%
Return on equity TTM	22.42%
Profit margin	25.29%
Book value	$44.56
Market Capitalization more info button	$2.8 billion

TTM: trailing 12 months

McGrath RentCorp share dividends

Dividend payout ratio: 41.54% of net profits

Recently McGrath RentCorp has paid out, on average, around 0% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), McGrath RentCorp shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In McGrath RentCorp's case, that would currently equate to about $1.89 per share.

While McGrath RentCorp's payout ratio might seem fairly standard, it's worth remembering that McGrath RentCorp may be investing much of the rest of its net profits in future growth.

McGrath RentCorp's most recent dividend payout was on 30 October 2024. The latest dividend was paid out to all shareholders who bought their shares by 16 January 2025 (the "ex-dividend date").

Have McGrath RentCorp's shares ever split?

McGrath RentCorp's shares were split on a 2:1 basis on 27 March 2005 . So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your McGrath RentCorp shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for McGrath RentCorp shares which in turn could have impacted McGrath RentCorp's share price.

McGrath RentCorp share price volatility

Over the last 12 months, McGrath RentCorp's shares have ranged in value from as little as $95.0848 up to $129.208. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while McGrath RentCorp's is 0.731. This would suggest that McGrath RentCorp's shares are less volatile than average (for this exchange).

McGrath RentCorp overview

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, and electronic test equipment. The company operates through four segments: Mobile Modular, Portable Storage, TRS-RenTelco, and Enviroplex. 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. 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 Portable Storage segment offers steel containers to provide a temporary storage solution.

Frequently asked questions

What percentage of McGrath RentCorp is owned by insiders or institutions?
Currently 1.266% of McGrath RentCorp shares are held by insiders and 87.857% by institutions. How many people work for McGrath RentCorp?
Latest data suggests 1,204 work at McGrath RentCorp. When does the fiscal year end for McGrath RentCorp?
McGrath RentCorp's fiscal year ends in December. Where is McGrath RentCorp based?
McGrath RentCorp's address is: 5700 Las Positas Road, Livermore, CA, United States, 94551-7800 What is McGrath RentCorp's ISIN number?
McGrath RentCorp's international securities identification number is: US5805891091 What is McGrath RentCorp's CUSIP number?
McGrath RentCorp's Committee on Uniform Securities Identification Procedures number is: 580589109