McGrath RentCorp (MGRC) Stock Forecast, Price Target & Predictions


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MGRC Stock Forecast


McGrath RentCorp (MGRC) stock forecast, based on 5 Wall Street analysts, predicts a 12-month average price target of $120.00, with a high of $120.00 and a low of $120.00. This represents a 13.90% increase from the last price of $105.36.

$105 $109 $113 $117 $121 $125 High: $120 Avg: $120 Low: $120 Last Closed Price: $105.36

MGRC Stock Rating


McGrath RentCorp stock's rating consensus is Buy, based on 5 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 3 Buy (60.00%), 2 Hold (40.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Buy
Total 5 0 2 3 Strong Sell Sell Hold Buy Strong Buy

MGRC Price Target Upside V Benchmarks


TypeNameUpside
StockMcGrath RentCorp13.90%
SectorIndustrials Stocks 28.19%
IndustryRental & Leasing Service Stocks40.37%

Price Target Trends


1M3M12M
# Anlaysts--1
Avg Price Target--$120.00
Last Closing Price$105.36$105.36$105.36
Upside/Downside--13.90%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 2511---2
Mar, 2511---2
Feb, 2511---2
Jan, 2511---2
Dec, 2411---2
Analyst Price Target Forecasts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Sep 25, 2024Scott SchneebergerOppenheimer$120.00$108.2110.90%13.90%
Analyst Rating Forecasts

DateCompanyPrevious RatingNew RatingRating Change
Feb 02, 2023Deutsche BankUnderweightdowngrade
Nov 16, 2022Sidoti & Co.Neutraldowngrade

Financial Forecast


EPS Forecast

$3 $4 $5 $6 $7 $8 $9 $10 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$4.22$3.70$4.73$7.14$9.44--
Avg Forecast$3.91$3.65$4.46$4.83$5.28$5.95$6.69
High Forecast$3.99$3.72$4.65$5.13$5.61$6.33$7.48
Low Forecast$3.83$3.57$4.24$4.48$4.89$5.52$6.25
Surprise %7.93%1.37%6.05%47.83%78.79%--

Revenue Forecast

$550M $640M $730M $820M $910M $1B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$572.55M$616.83M$733.82M$831.84M$910.94M--
Avg Forecast$566.87M$616.42M$724.08M$824.65M$914.13M$925.67M$977.17M
High Forecast$575.31M$625.60M$748.03M$825.00M$916.04M$974.27M$977.17M
Low Forecast$558.42M$607.24M$696.36M$824.30M$912.21M$877.06M$977.16M
Surprise %1.00%0.07%1.35%0.87%-0.35%--

Net Income Forecast

$50M $90M $130M $170M $210M $250M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26
Reported$101.98M$89.70M$115.14M$174.62M$231.73M--
Avg Forecast$81.71M$95.75M$101.27M$111.85M$128.78M$142.93M$161.11M
High Forecast$98.05M$114.90M$121.52M$134.22M$137.58M$155.23M$183.58M
Low Forecast$65.36M$76.60M$81.01M$89.48M$119.97M$135.36M$153.36M
Surprise %24.82%-6.31%13.70%56.12%79.94%--

MGRC Forecast FAQ


Is McGrath RentCorp stock a buy?

McGrath RentCorp stock has a consensus rating of Buy, based on 5 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 3 Buy, 2 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that McGrath RentCorp is a favorable investment for most analysts.

What is McGrath RentCorp's price target?

McGrath RentCorp's price target, set by 5 Wall Street analysts, averages $120 over the next 12 months. The price target range spans from $120 at the low end to $120 at the high end, suggesting a potential 13.90% change from the previous closing price of $105.36.

How does McGrath RentCorp stock forecast compare to its benchmarks?

McGrath RentCorp's stock forecast shows a 13.90% upside, underperforming the average forecast for the industrials stocks sector (28.19%) and underperforming the rental & leasing service stocks industry (40.37%).

What is the breakdown of analyst ratings for McGrath RentCorp over the past three months?

  • April 2025: 50.00% Strong Buy, 50.00% Buy, 0% Hold, 0% Sell, 0% Strong Sell.
  • March 2025: 50.00% Strong Buy, 50.00% Buy, 0% Hold, 0% Sell, 0% Strong Sell.
  • February 2025: 50.00% Strong Buy, 50.00% Buy, 0% Hold, 0% Sell, 0% Strong Sell.

What is McGrath RentCorp’s EPS forecast?

McGrath RentCorp's average annual EPS forecast for its fiscal year ending in December 2025 is $5.95, marking a -36.97% decrease from the reported $9.44 in 2024. Estimates for the following years are.

What is McGrath RentCorp’s revenue forecast?

McGrath RentCorp's average annual revenue forecast for its fiscal year ending in December 2025 is $925.67M, reflecting a 1.62% increase from the reported $910.94M in 2024. The forecast for.

What is McGrath RentCorp’s net income forecast?

McGrath RentCorp's net income forecast for the fiscal year ending in December 2025 stands at $142.93M, representing a -38.32% decrease from the reported $231.73M in 2024. Projections indicate .