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McGrath RentCorp is currently in a long term uptrend where the price is trading 4.8% above its 200 day moving average.
From a valuation standpoint, the stock is 93.4% cheaper than other stocks from the Industrials sector with a price to sales ratio of 3.5.
McGrath RentCorp's total revenue rose by 1.2% to $149M since the same quarter in the previous year.
Its net income has increased by 18.1% to $31M since the same quarter in the previous year.
Finally, its free cash flow fell by 0.2% to $24M since the same quarter in the previous year.
Based on the above factors, McGrath RentCorp gets an overall score of 4/5.
| Exchange | NASDAQ |
|---|---|
| CurrencyCode | USD |
| ISIN | US5805891091 |
| Sector | Industrials |
| Industry | Rental & Leasing Services |
| Market Cap | 3B |
|---|---|
| PE Ratio | 19.94 |
| Target Price | 145.6 |
| Dividend Yield | 1.7% |
| Beta | 0.49 |
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 Portable Storage segment offers steel containers, such as storage and office containers to provide a temporary storage solution to construction, retail, commercial and industrial, energy and petrochemical, manufacturing, education, and healthcare markets. 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. This segment 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 Enviroplex segment manufactures and sells portable classrooms directly to public school districts and other educational institutions in California. The company was incorporated in 1979 and is based in Livermore, California.
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