50% off Premium Yearly

NASDAQ:MGRC
This summary was created by AI, based on 2 opinions in the last 12 months.
McGrath RentCorp (MGRC) has been under scrutiny as it previously served as a top pick but has since triggered a stop-loss at $106, prompting a recommendation to cover the position. Despite recent tariff uncertainties impacting container rentals, the company managed to report a 23% increase in earnings per share (EPS), showcasing strong operational performance. MGRC has also aggressively reduced its debt without depleting cash reserves, reflecting effective financial management. Currently, the stock trades at a price-earnings ratio of 18 and a book value multiple of 2.5, supported by a robust return on equity (ROE) of 22%. Analysts have set a target price of $144, suggesting an upside potential of about 22%, alongside a dividend yield of 1.6%.
McGrath RentCorp is a American stock, trading under the symbol MGRC (previously MGRC-Q on Stockchase) on the NASDAQ (MGRC). It is usually referred to as NASDAQ:MGRC or MGRC
In the last year, 2 stock analysts issued a Buy, Sell, or Hold rating on MGRC (previously MGRC-Q on Stockchase). 2 analysts recommended to BUY and 0 analysts recommended to SELL the stock. The latest stock analyst rating is TOP PICK. Read the latest stock experts' ratings for McGrath RentCorp.
McGrath RentCorp was recommended as a Top Pick by The Panic-Proof Portfolio (Stockchase Research) on 2025-07-17. Read the latest stock experts ratings for McGrath RentCorp.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for McGrath RentCorp.
McGrath RentCorp is covered by Stockchase experts and is worth watching.
On 2026-06-12, McGrath RentCorp (MGRC) stock closed at a price of $115.09.
Our PAST TOP PICK with MGRC has triggered its stop at $106. To remain disciplined, we recommend covering the position at this time.