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 $108.65, up 1.8% from the previous day, and has increased 22.08% in one year. It has underperformed other stocks in the Rental & Leasing Services industry by 0.13 percentage points. Mcgrath Rentcorp stock is currently +25.6% from its 52-week low of $86.51, and -16.97% from its 52-week high of $130.86.
There are currently 24.55M shares of MGRC outstanding. The market capitalization of MGRC is $2.67B. In the past 24 hours, 105,102 MGRC shares were traded.
How to Buy Mcgrath Rentcorp Stock
Wondering how to invest in Mcgrath Rentcorp stock? Here's how.
- Decide where to buy Mcgrath Rentcorp stock: You need to decide on a stock brokerage, but don't worry - we've tested dozens of online stock brokerages and apps to help you figure out where to buy Mcgrath Rentcorp stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit funds into your brokerage account: Choose your method of payment and add your info.
- 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 research tools can help you understand if MGRC is a good stock to buy).
- Execute your MGRC trade: Decide if you will purchase MGRC shares at the current market price or use a limit order to buy MGRC stock at a particular price.
- Monitor your MGRC position: Create a watchlist to key updates about your position in Mcgrath Rentcorp stock.
Step 1: Decide where to buy Mcgrath Rentcorp stock
You will need a brokerage account to access the NASDAQ market and buy MGRC stock.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've chosen the best brokerage, you'll need to fill out some personal information so you are able to invest in MGRC today.
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- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
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Step 3: Deposit funds into your brokerage account
Now that you've finished signing up on the best stock market app for beginners, your next step is to transfer the money for your investment:
Check out this video walkthrough if you need help transferring money into your new investment account.
Step 4: Evaluate Mcgrath Rentcorp stock
Once you have selected the best place to buy Mcgrath Rentcorp stock, it's critical to analyze their stock before you buy, so you truly comprehend the risk as well as the upside.
Mcgrath Rentcorp shares at a glance
MGRC Due Diligence Checks
WallStreetZen was built to help average investors do more accurate fundamental analysis in less time.
You can see all of the due diligence checks on MGRC's stock page.
What is the fair value of MGRC stock?
Analysts use many financial metrics, analyses, models, and charts to gauge MGRC's intrinsic value.
Using relative valuations measures:
- MGRC may be overvalued based on its P/E ratio of 21.14x, relative to Rental & Leasing Services industry P/E ratio of 16.19x
- MGRC could be overvalued based on its P/B ratio of 2.83x, relative to Rental & Leasing Services industry P/B ratio of 2.25x
- MGRC could be overvalued based on its PEG ratio of 3.49x
You can access more valuation analysis on MGRC's stock here.
A look at MGRC Cashflows and Balance Sheet
Failed Financial Due Diligence Checks:
- MGRC has a relatively high debt to equity ratio of 1.4.
- MGRC profit margin has gone down from 24.9% to 14.7% in the past year.
- Total MGRC debt is higher than 5 years ago, relative to shareholder equity.
You can dive deeper into what analysts are projecting on the Mcgrath Rentcorp stock forecast page.
MGRC Trading Indicators
MGRC Growth Metrics
Last year, MGRC earnings were $125.81M. During the last five year, MGRC's earnings have grown by 8.3% per year. This was slower than the Rental & Leasing Services industry average of 16.97%.
Last year, MGRC revenue was $855.95M. In the past 5 year, MGRC's revenue has grown by 10.68% per year. This was slower than the Rental & Leasing Services industry average of 12.7%.
Dive into MGRC's earnings and revenue performance here.
Latest Insiders Trades at MGRC
In the last year, 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 $61,592.70 worth of MGRC stock on Apr 1, 2024.
Dig into more about who owns MGRC shares here.
Does MGRC provide a stable income stream?
Mcgrath Rentcorp pays a dividend of 1.72%, compared to the Rental & Leasing Services industry's average dividend yield of 2.46%. If you owned $1,000 worth of MGRC stock, you would have received $17.21 last year.
Mcgrath Rentcorp dividend payments have consistently grown over the past decade and have remained stable.
Dig into more data about Mcgrath Rentcorp dividend yield and history here.
What do other traders have to say about MGRC?
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
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Step 5: Execute your MGRC trade
There are two primary options:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are generally the best for newer investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at an exact price limit, place a limit order.
Hit the Open button and your broker will execute your order.
If you want additional assistance buying stocks on eToro, click the helpful video below:
Step 6: Monitor your MGRC position
Now that you own some shares in MGRC, you'll want to keep up with your shares.
Put MGRC on a watchlist to get alerted to the latest events about your MGRC stock.
MGRC Feed
How to Buy Stock in Mcgrath Rentcorp
To reiterate, here are the 6 steps to buy stock in Mcgrath Rentcorp:
- Decide where to buy Mcgrath Rentcorp stock
- Open a brokerage account
- Deposit funds into your brokerage account
- Evaluate Mcgrath Rentcorp stock
- Execute your MGRC trade
- Monitor your MGRC position
If you require a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get the latest news on your investment in Mcgrath Rentcorp, click below.
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