Mcgrath Rentcorp Stock Buy Hold or Sell Recommendation
| MGRC Stock | USD 107.93 0.27 0.25% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding McGrath RentCorp is 'Strong Hold'. Macroaxis provides McGrath RentCorp buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding MGRC positions. The advice algorithm takes into account all of McGrath RentCorp's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting McGrath RentCorp's buy or sell advice are summarized below:
Real Value 118.81 | Target Price 124.5 | Hype Value 107.59 | Market Value 107.93 | Naive Value 105.21 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell McGrath RentCorp given historical horizon and risk tolerance towards McGrath RentCorp. When Macroaxis issues a 'buy' or 'sell' recommendation for McGrath RentCorp, the advice is generated through an automated system that utilizes algorithms and statistical models.
McGrath |
Execute McGrath RentCorp Buy or Sell Advice
The McGrath recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on McGrath RentCorp. Macroaxis does not own or have any residual interests in McGrath RentCorp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute McGrath RentCorp's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Sell | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Possible Manipulator | Details |
McGrath RentCorp Trading Alerts and Improvement Suggestions
| McGrath RentCorp generated a negative expected return over the last 90 days | |
| Over 89.0% of the company shares are owned by institutional investors | |
| Latest headline from benzinga.com: SHAREHOLDER INVESTIGATION Halper Sadeh LLC Investigates MGRC, ALPN, NXPL |
McGrath RentCorp Returns Distribution Density
The distribution of McGrath RentCorp's historical returns is an attempt to chart the uncertainty of McGrath RentCorp's future price movements. The chart of the probability distribution of McGrath RentCorp daily returns describes the distribution of returns around its average expected value. We use McGrath RentCorp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of McGrath RentCorp returns is essential to provide solid investment advice for McGrath RentCorp.
| Mean Return | -0.01 | Value At Risk | -1.88 | Potential Upside | 1.65 | Standard Deviation | 1.65 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of McGrath RentCorp historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
McGrath Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as McGrath RentCorp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading McGrath RentCorp backward and forwards among themselves. McGrath RentCorp's institutional investor refers to the entity that pools money to purchase McGrath RentCorp's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Loomis, Sayles & Company Lp | 2023-12-31 | 514.3 K | T. Rowe Price Investment Management,inc. | 2023-12-31 | 506.9 K | Capital Research Global Investors | 2023-12-31 | 467.7 K | Snyder Capital Management Lp | 2023-12-31 | 409.4 K | Northern Trust Corp | 2023-12-31 | 309.5 K | Clearbridge Advisors, Llc | 2023-12-31 | 304.4 K | T. Rowe Price Associates, Inc. | 2023-12-31 | 275.5 K | Charles Schwab Investment Management Inc | 2023-12-31 | 268.4 K | American Century Companies Inc | 2023-12-31 | 255.9 K | Vanguard Group Inc | 2023-12-31 | 2.7 M | Blackrock Inc | 2023-12-31 | 2.1 M |
McGrath RentCorp Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | 834K | (1.1M) | 253K | (534K) | (80K) | (84K) | |
| Free Cash Flow | 8.2M | 80.5M | 78.9M | (10.9M) | (178.3M) | (169.4M) | |
| Depreciation | 89.5M | 94.6M | 106.7M | 111.3M | 109.4M | 114.8M | |
| Capital Expenditures | 179.8M | 100.1M | 116.8M | 205.3M | 273.7M | 287.4M | |
| Net Income | 96.8M | 102.0M | 89.7M | 115.1M | 174.6M | 183.4M | |
| End Period Cash Flow | 2.3M | 1.2M | 1.5M | 957K | 877K | 533.3K | |
| Dividends Paid | 35.5M | 39.8M | 42.2M | 44.3M | 45.6M | 47.8M | |
| Change To Inventory | (20.3M) | (316K) | (12.2M) | (29.3M) | (26.4M) | (25.1M) | |
| Change Receivables | (7.3M) | 3.4M | (24.4M) | (31.4M) | (28.2M) | (26.8M) | |
| Net Borrowings | (5.1M) | (70.7M) | 203.7M | (12.7M) | (14.6M) | (13.9M) | |
| Change To Netincome | (2.9M) | (14.7M) | 9.2M | (24.3M) | (21.8M) | (20.7M) | |
| Investments | (143.1M) | (53.0M) | (351.7M) | (131.4M) | (376.2M) | (357.4M) |
McGrath RentCorp Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to McGrath RentCorp or Commercial Services & Supplies sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that McGrath RentCorp's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a McGrath stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.09 | |
β | Beta against NYSE Composite | 0.82 | |
σ | Overall volatility | 1.64 | |
Ir | Information ratio | -0.06 |
McGrath RentCorp Volatility Alert
McGrath RentCorp exhibits very low volatility with skewness of 4.35 and kurtosis of 27.82. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure McGrath RentCorp's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact McGrath RentCorp's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.McGrath RentCorp Fundamentals Vs Peers
Comparing McGrath RentCorp's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze McGrath RentCorp's direct or indirect competition across all of the common fundamentals between McGrath RentCorp and the related equities. This way, we can detect undervalued stocks with similar characteristics as McGrath RentCorp or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of McGrath RentCorp's fundamental indicators could also be used in its relative valuation, which is a method of valuing McGrath RentCorp by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare McGrath RentCorp to competition |
| Fundamentals | McGrath RentCorp | Peer Average |
| Return On Equity | 0.13 | -0.31 |
| Return On Asset | 0.0643 | -0.14 |
| Profit Margin | 0.21 % | (1.27) % |
| Operating Margin | 0.27 % | (5.51) % |
| Current Valuation | 3.48 B | 16.62 B |
| Shares Outstanding | 24.55 M | 571.82 M |
| Shares Owned By Insiders | 1.48 % | 10.09 % |
| Shares Owned By Institutions | 88.60 % | 39.21 % |
| Number Of Shares Shorted | 1.85 M | 4.71 M |
| Price To Earning | 24.51 X | 28.72 X |
| Price To Book | 3.02 X | 9.51 X |
| Price To Sales | 3.39 X | 11.42 X |
| Revenue | 831.84 M | 9.43 B |
| Gross Profit | 336.91 M | 27.38 B |
| EBITDA | 299.09 M | 3.9 B |
| Net Income | 174.62 M | 570.98 M |
| Cash And Equivalents | 1.56 M | 2.7 B |
| Cash Per Share | 0.06 X | 5.01 X |
| Total Debt | 762.98 M | 5.32 B |
| Debt To Equity | 0.54 % | 48.70 % |
| Current Ratio | 1.70 X | 2.16 X |
| Book Value Per Share | 38.12 X | 1.93 K |
| Cash Flow From Operations | 95.34 M | 971.22 M |
| Short Ratio | 6.69 X | 4.00 X |
| Earnings Per Share | 4.56 X | 3.12 X |
| Price To Earnings To Growth | 1.63 X | 4.89 X |
| Target Price | 117.0 | |
| Number Of Employees | 1.2 K | 18.84 K |
| Beta | 0.78 | -0.15 |
| Market Capitalization | 2.64 B | 19.03 B |
| Total Asset | 2.22 B | 29.47 B |
| Retained Earnings | 822.8 M | 9.33 B |
| Working Capital | (50.71 M) | 1.48 B |
Note: Acquisition by Van Trease Kristina of 1540 shares of McGrath RentCorp subject to Rule 16b-3 [view details]
McGrath RentCorp Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as McGrath . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 3024.79 | |||
| Daily Balance Of Power | 0.1459 | |||
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 107.92 | |||
| Day Typical Price | 107.92 | |||
| Price Action Indicator | 0.15 | |||
| Period Momentum Indicator | 0.27 |
About McGrath RentCorp Buy or Sell Advice
When is the right time to buy or sell McGrath RentCorp? Buying financial instruments such as McGrath Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Total Stockholder Equity | 732.0M | 803.9M | 933.8M | 980.5M | Total Assets | 1.6B | 1.7B | 2.2B | 2.3B |
Use Investing Ideas to Build Portfolios
In addition to having McGrath RentCorp in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
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Check out McGrath RentCorp Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. For information on how to trade McGrath Stock refer to our How to Trade McGrath Stock guide.You can also try the Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
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Is McGrath RentCorp's industry 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 (0.19) | Dividend Share 1.86 | Earnings Share 4.56 | Revenue Per Share 33.996 | Quarterly Revenue Growth 0.212 |
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.