Mcgrath Rentcorp Stock Price Prediction
| MGRC Stock | USD 108.53 0.60 0.56% |
Oversold Vs Overbought
32
Oversold | Overbought |
McGrath RentCorp stock price prediction is an act of determining the future value of McGrath RentCorp shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of McGrath RentCorp's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of McGrath RentCorp and does not consider all of the tangible or intangible factors available from McGrath RentCorp's fundamental data. We analyze noise-free headlines and recent hype associated with McGrath RentCorp, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting McGrath RentCorp's stock price prediction:Quarterly Earnings Growth (0.19) | EPS Estimate Next Quarter 0.78 | EPS Estimate Current Year 5.42 | EPS Estimate Next Year 6.13 | Wall Street Target Price 117 |
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of McGrath RentCorp based on different types of headlines from major news networks to social media. The McGrath stock price prediction module provides an analysis of price elasticity to changes in media outlook on McGrath RentCorp over a specific investment horizon. Using McGrath RentCorp hype-based prediction, you can estimate the value of McGrath RentCorp from the perspective of McGrath RentCorp response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards McGrath RentCorp using McGrath RentCorp's stock options and short interest. It helps to benchmark the overall future attitude of investors towards McGrath using crowd psychology based on the activity and movement of McGrath RentCorp's stock price.
McGrath RentCorp Short Interest
A significant increase or decrease in McGrath RentCorp's short interest from the previous month could be a good indicator of investor sentiment towards McGrath. Short interest can provide insight into the potential direction of McGrath RentCorp stock and how bullish or bearish investors feel about the market overall. An investor who is long McGrath RentCorp may also wish to track short interest. As short interest increases, investors should be becoming more worried about McGrath RentCorp and may potentially protect profits, hedge McGrath RentCorp with its derivative instruments, or be ready for some potential downside.
200 Day MA 108.2318 | Short Percent 0.0846 | Short Ratio 6.69 | Shares Short Prior Month 2.3 M | 50 Day MA 121.3976 |
McGrath RentCorp Hype to Price Pattern
Investor biases related to McGrath RentCorp's public news can be used to forecast risks associated with an investment in McGrath. The trend in average sentiment can be used to explain how an investor holding McGrath can time the market purely based on public headlines and social activities around McGrath RentCorp. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of McGrath RentCorp's market sentiment to its price can help taders to make decisions based on the overall investors consensus about McGrath RentCorp.
McGrath RentCorp Implied Volatility | 0.0 |
McGrath RentCorp's implied volatility exposes the market's sentiment of McGrath RentCorp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if McGrath RentCorp's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that McGrath RentCorp stock will not fluctuate a lot when McGrath RentCorp's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in McGrath RentCorp. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in McGrath RentCorp to buy its stock at a price that has no basis in reality. In that case, they are not buying McGrath because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
McGrath RentCorp after-hype prediction price | USD 107.93 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
McGrath |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of McGrath RentCorp's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
McGrath RentCorp After-Hype Price Prediction Density Analysis
As far as predicting the price of McGrath RentCorp at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in McGrath RentCorp or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of McGrath RentCorp, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
McGrath RentCorp Estimiated After-Hype Price Volatility
In the context of predicting McGrath RentCorp's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on McGrath RentCorp's historical news coverage. McGrath RentCorp's after-hype downside and upside margins for the prediction period are 106.29 and 109.57, respectively. We have considered McGrath RentCorp's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
McGrath RentCorp is very steady at this time. Analysis and calculation of next after-hype price of McGrath RentCorp is based on 3 months time horizon.
McGrath RentCorp Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company 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. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with McGrath RentCorp, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.04 | 1.64 | 0.07 | 0.00 | 9 Events / Month | 3 Events / Month | In about 9 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
108.53 | 107.93 | 0.00 |
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McGrath RentCorp Hype Timeline
McGrath RentCorp is now traded for 108.53. The entity has historical hype elasticity of -0.07, and average elasticity to hype of competition of 0.0. McGrath is projected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is about 96.47%. The immediate return on the next news is projected to be very small, whereas the daily expected return is now at -0.04%. %. The volatility of related hype on McGrath RentCorp is about 4685.71%, with the expected price after the next announcement by competition of 108.53. About 89.0% of the company shares are owned by institutional investors. The book value of McGrath RentCorp was now reported as 38.12. The company has Price/Earnings To Growth (PEG) ratio of 1.63. McGrath RentCorp last dividend was issued on the 15th of April 2024. The entity had 2:1 split on the 28th of March 2005. Given the investment horizon of 90 days the next projected press release will be in about 9 days. Check out McGrath RentCorp Basic Forecasting Models to cross-verify your projections.McGrath RentCorp Related Hype Analysis
Having access to credible news sources related to McGrath RentCorp's direct competition is more important than ever and may enhance your ability to predict McGrath RentCorp's future price movements. Getting to know how McGrath RentCorp's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how McGrath RentCorp may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| R | Ryder System | (1.27) | 9 per month | 1.78 | 0.02 | 2.06 | (2.20) | 8.60 | |
| AAN | The Aarons | (0.10) | 10 per month | 0.00 | (0.15) | 3.82 | (5.52) | 22.32 | |
| ALTG | Alta Equipment Group | 0.83 | 8 per month | 2.21 | 0.03 | 5.39 | (3.66) | 12.81 | |
| GATX | GATX Corporation | 0.40 | 9 per month | 1.34 | 0.02 | 1.79 | (2.40) | 9.51 |
McGrath RentCorp Additional Predictive Modules
Most predictive techniques to examine McGrath price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for McGrath using various technical indicators. When you analyze McGrath charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About McGrath RentCorp Predictive Indicators
The successful prediction of McGrath RentCorp stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as McGrath RentCorp, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of McGrath RentCorp based on analysis of McGrath RentCorp hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to McGrath RentCorp's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to McGrath RentCorp's related companies. | 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0217 | 0.0184 | 0.0156 | 0.02 | Price To Sales Ratio | 3.15 | 3.28 | 3.52 | 1.87 |
Story Coverage note for McGrath RentCorp
The number of cover stories for McGrath RentCorp depends on current market conditions and McGrath RentCorp's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that McGrath RentCorp is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about McGrath RentCorp's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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McGrath RentCorp Short Properties
McGrath RentCorp's future price predictability will typically decrease when McGrath RentCorp's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of McGrath RentCorp often depends not only on the future outlook of the potential McGrath RentCorp's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. McGrath RentCorp's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 24.5 M | |
| Cash And Short Term Investments | 877 K |
Check out McGrath RentCorp Basic Forecasting Models to cross-verify your projections. For information on how to trade McGrath Stock refer to our How to Trade McGrath Stock guide.You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
Complementary Tools for McGrath Stock analysis
When running McGrath RentCorp's price analysis, check to measure McGrath RentCorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy McGrath RentCorp is operating at the current time. Most of McGrath RentCorp's value examination focuses on studying past and present price action to predict the probability of McGrath RentCorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move McGrath RentCorp's price. Additionally, you may evaluate how the addition of McGrath RentCorp to your portfolios can decrease your overall portfolio volatility.
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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.