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NASDAQ: MGRC
Mcgrath Rentcorp Stock Forecast, Predictions & Price Target

Analyst price target for MGRC

Based on 1 analyst offering 12 month price targets for Mcgrath Rentcorp.
Min Forecast
$116.00-6.74%
Avg Forecast
$116.00-6.74%
Max Forecast
$116.00-6.74%

Should I buy or sell MGRC stock?

Based on 1 analyst offering ratings for Mcgrath Rentcorp.
Buy
Strong Buy
0 analysts 0%
Buy
1 analysts 100%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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MGRC stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2023-10-06

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Forecast return on equity

Is MGRC forecast to generate an efficient return?

Forecast return on assets

Is MGRC forecast to generate an efficient return on assets?

MGRC revenue forecast

What is MGRC's revenue in the next 2 years based on estimates from 2 analysts?
Avg 1 year Forecast
$858.3M+3.18%
Avg 2 year Forecast
$908.4M+9.21%
MGRC's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

MGRC revenue growth forecast

How is MGRC forecast to perform vs Rental & Leasing Services companies and vs the US market?
Company
3.18%
Industry
5.71%
Market
36.63%
MGRC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
MGRC's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

MGRC vs Rental & Leasing Service Stocks

TickerPricePrice TargetUp/downsideConsensus
MGRC$124.38$116.00-6.74%Buy
VSTS$18.75$21.00+12.00%Buy
CAR$106.45$184.75+73.56%Buy
HTZ$7.23$11.50+59.06%Hold
HEES$58.79$66.00+12.26%Strong Buy

Mcgrath Rentcorp Stock Forecast FAQ

Is Mcgrath Rentcorp Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 1 Wall Street analyst covering (NASDAQ: MGRC) stock is to Buy MGRC stock.

Out of 1 analyst, 0 (0%) are recommending MGRC as a Strong Buy, 1 (100%) are recommending MGRC as a Buy, 0 (0%) are recommending MGRC as a Hold, 0 (0%) are recommending MGRC as a Sell, and 0 (0%) are recommending MGRC as a Strong Sell.

If you're new to stock investing, here's how to buy Mcgrath Rentcorp stock.

What is MGRC's revenue growth forecast for 2024-2025?

(NASDAQ: MGRC) Mcgrath Rentcorp's forecast annual revenue growth rate of 3.18% is not forecast to beat the US Rental & Leasing Services industry's average forecast revenue growth rate of 5.71%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 36.63%.

Mcgrath Rentcorp's revenue in 2024 is $831,842,000.On average, 2 Wall Street analysts forecast MGRC's revenue for 2024 to be $21,025,239,265, with the lowest MGRC revenue forecast at $20,459,498,764, and the highest MGRC revenue forecast at $21,590,979,766.

In 2025, MGRC is forecast to generate $22,253,112,944 in revenue, with the lowest revenue forecast at $21,594,899,163 and the highest revenue forecast at $22,911,326,725.

What is MGRC's forecast return on assets (ROA) for 2024-2025?

(NASDAQ: MGRC) forecast ROA is N/A, which is lower than the forecast US Rental & Leasing Services industry average of 0.17%.

What is MGRC's Price Target?

According to 1 Wall Street analyst that have issued a 1 year MGRC price target, the average MGRC price target is $116.00, with the highest MGRC stock price forecast at $116.00 and the lowest MGRC stock price forecast at $116.00.

The Wall Street analyst predicted that Mcgrath Rentcorp's share price could fall to $116.00 by Oct 6, 2024. The average Mcgrath Rentcorp stock price prediction forecasts a potential downside of 6.74% from the current MGRC share price of $124.38.

What is MGRC's forecast return on equity (ROE) for 2024-2025?

(NASDAQ: MGRC) forecast ROE is N/A, which is considered weak.
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