How to Buy Mcgrath Rentcorp Stock

Mcgrath Rentcorp

McGrath RentCorp operates as a business to business rental company in the United States and internationally.

Mcgrath Rentcorp stock last closed at $120.14, up 0.3% from the previous day, and has decreased 6.56% in one year. It has underperformed other stocks in the Rental & Leasing Services industry by 0.21 percentage points. Mcgrath Rentcorp stock is currently +25.8% from its 52-week low of $95.50, and -7.44% from its 52-week high of $129.80.

There are currently 24.55M shares of MGRC outstanding. The market value of MGRC is $2.95B. In the last 24 hours, 81,259 MGRC shares were traded.

How to Buy Mcgrath Rentcorp Stock

Not sure how to invest in Mcgrath Rentcorp stock? Here's how.

  1. Decide where to buy Mcgrath Rentcorp stock: You need to pick an online brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you decide where to buy Mcgrath Rentcorp stock.
  2. Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Deposit funds into your brokerage account: Pick your method of payment and add your information.
  4. Evaluate Mcgrath Rentcorp stock: The Mcgrath Rentcorp ticker symbol is MGRC. Is Mcgrath Rentcorp stock a good investment? Should you buy shares of MGRC? How do MGRC's underlying business fundamentals look? Do top analysts think Mcgrath Rentcorp is a good buy? Why has MGRC's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if MGRC is a good stock to buy).
  5. Execute your MGRC trade: Decide if you will purchase MGRC shares at the current market price or use a limit order to purchase MGRC shares at a particular price.
  6. Monitor your MGRC position: Create a watchlist to the latest updates on your new investment in Mcgrath Rentcorp shares.

Step 1: Decide where to buy Mcgrath Rentcorp stock

You need a brokerage account to access the NASDAQ market and buy MGRC stock.

A brokerage account is an investment account that allows you to buy and sell a number of investments, such as stocks, bonds, mutual funds, and ETFs.

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Step 2: Open a brokerage account

Now that you've picked the best brokerage, it's time to fill out some personal info so you are able to buy MGRC today.

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Step 3: Deposit funds into your brokerage account

Now that you have finished signing up on investing apps, your next step is to transfer the money for your investment:

Watch the video below for more details depositing funds into your brokerage account.

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Step 4: Evaluate Mcgrath Rentcorp stock

After you have selected the best place to buy Mcgrath Rentcorp stock, it's critical to analyze their stock prior to investing, so you actually comprehend the risk and upside.

Mcgrath Rentcorp Metrics

MGRC Price
$120.14
1w %
-3.86%
1y %
-6.56%
5y %
48.39%
P/E
13.12x
P/B
2.7x
P/S
3.32x
PEG
N/A
Revenue
$888.78M
Earnings
$224.80M
Fore. Rev. Growth
3.35%
Fore. Earn. Growth
-30.13%
Market Cap
$2.95B
Next Earnings
Feb 19, 2025
Next Dividend
N/A

MGRC Due Diligence Checks

WallStreetZen was created to help everyday investors perform better fundamental analysis quickly.

You can see all of the due diligence checks on MGRC's stock page.

How is MGRC stock valued?

Investors use a variety of different financial metrics, analyses, models, and charts to gauge MGRC's true value.

Using relative valuations methods:

  • MGRC could be undervalued based on its P/E ratio of 13.12x, relative to Rental & Leasing Services industry P/E ratio of -64.07x
  • MGRC could be overvalued based on its P/B ratio of 2.7x, relative to Rental & Leasing Services industry P/B ratio of 2.62x

You can access more valuation analysis on MGRC's stock here.

A look at MGRC Cashflows and Balance Sheet

Passed Financial Due Diligence Checks:

  • MGRC earnings of $355.89M is not enough to cover its interest payments.
  • MGRC profit margin has gone up from 23% to 25.3% in the past year.
  • Total MGRC debt is lower than 5 years ago, relative to shareholder equity.
  • MGRC's operating cash flow of $314.04M allows it to safely service it's debt of $608.56M.

Failed Financial Due Diligence Checks:

  • MGRC has a relatively high debt to equity ratio of 1.09.

Is it a good time to buy MGRC stock, according to Wall Street analysts?

Out of 2 sell side analysts who research MGRC, the consensus analyst rating on MGRC is a Buy

Please note that analyst ratings are not recommendations, nor are they investment advice.

You can dive deeper into what analysts are saying on the Mcgrath Rentcorp stock forecast page.

MGRC Technicals

SMA10
122.01
SMA20
122.03
SMA50
118.15
SMA100
115.39
SMA200
111.11
MACD
1.13
MACD Signal
1.62
MACD Histogram
-0.5
RSI
49.7
Stochastic %K
20.48
Stochastic %D
27.76
StochRSI %K
10.7
StochRSI %D
11.31

Is MGRC Growing Revenue?

Last year, MGRC earnings were $224.80M. During the past five year, MGRC's earnings have increased by 18.62% per year. This was faster than the Rental & Leasing Services industry average of 16.88%.

Last year, MGRC revenue was $888.78M. Over the past five year, MGRC's revenue has gone up by 9.83% per year. This was slower than the Rental & Leasing Services industry average of 11.34%.

Find out more about MGRC's earnings and revenue performance here.

What are MGRC insiders up to?

In the past 12 months, insiders at MGRC have sold more shares than they have bought.

Gilda Malek, VP General Counsel and Corpora of MGRC, was the latest MGRC insider to sell. They sold $111,915.82 worth of MGRC shares on Dec 9, 2024.

Dig into more about who owns MGRC shares here.

Does MGRC stock generate passive income?

Mcgrath Rentcorp pays a dividend of 1.19%, compared to the Rental & Leasing Services industry's average dividend yield of 1.17%. If you owned $1,000 of MGRC stock, you would have been paid $11.86 in the past 12 months.

Mcgrath Rentcorp dividend payments have consistently grown over the past decade and have remained stable.

Find more data about Mcgrath Rentcorp dividend yield and history here.

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Step 5: Execute your MGRC trade

You have two primary order types:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are usually the best for newer investors.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to be certain you're buying or selling at a given dollar amount limit, place a limit order.

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Step 6: Monitor your MGRC position

Now that you own some MGRC shares, you'll want to keep up with your company.

Start a watchlist to monitor your MGRC stock.

MGRC Feed

How to Buy Stock in Mcgrath Rentcorp

To summarize, here are the 6 steps to buy stock in Mcgrath Rentcorp:

  1. Decide where to buy Mcgrath Rentcorp stock
  2. Open a brokerage account
  3. Deposit funds into your brokerage account
  4. Evaluate Mcgrath Rentcorp stock
  5. Execute your MGRC trade
  6. Monitor your MGRC position

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If you want to watch your investment in Mcgrath Rentcorp, click below.

NASDAQ: MGRC
$120.14+0.36 (+0.3%)
Updated Feb 13, 2025
Open eToro Account
Your capital is at risk.
NASDAQ: MGRC
$120.14+0.36 (+0.3%)
Updated Feb 13, 2025
Open eToro Account
Your capital is at risk.

FAQ

How much does it cost to buy one Mcgrath Rentcorp share?

As of Feb 13, 2025, it costs $120.14 to buy one share of Mcgrath Rentcorp stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.083 shares of MGRC.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Mcgrath Rentcorp stock?

According to 2 Wall Street analysts who monitor Mcgrath Rentcorp, their consensus recommendation is to buy Mcgrath Rentcorp stock.

What is the best way to buy Mcgrath Rentcorp stock?

One way to place an order for Mcgrath Rentcorp stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.