MCGRATH RENT stock forecast: up to 91.72 USD MGRC stock price prognosis


Forecast for Fri 28 Jul 2023 price 90.18

MCGRATH RENT stock price forecast for further price development up to 1.93% (time horizon: 1 day) and price target of 91.72 USD. Short-term (time horizon: 2 weeks) MCGRATH RENT share price prediction for 2023-07-28 with daily closed price projections

Key Facts

Symbol MGRC 

ISIN US5805891091 

CUSIP 580589109

Currency USD

Category Services-Equipment Rental & Leasing, Nec

Forecast price change %

Finance numbers

Revenue 564,296,000.0

Earnings per share 4.06

Dividends 1.69

On our site we made daily predictions for finance products based on statistical analysis. You can export / download forecasted data as CSV file, no login required. The information can be used for day trading.

Summerized Form 10-K with GPT-2

As of February 22, 2021, 24,128,208 shares of Registrant's Common Stock were outstanding. Generally, the units are then repaired for subsequent use. The Company believes that customers rent electronic test equipment for many reasons. TRS-RenTelco depreciates its equipment over 1 to 8 years with no residual value. Financial Statements and Supplementary Data." These laws and regulations are complex and frequently change. The state of California is our largest market for classroom rentals. We are subject to laws and regulations governing government contracts. Seasonality of our educational business may have adverse consequences for our business. During 2020, Mobile Modular purchased 45% of its modular product from one manufacturer. This could have a negative impact on our reported operating results. At December 31, 2020, the actual ratio was 0.92 to 1. MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS. For more information, see "Item 1. These results are discussed on a segment basis below. 39 TRS-RenTelco's gross profit for 2020 increased $0.1 million to $60.9 million. The Company will sell the Shelf Notes directly to such purchasers. The principal balance is due when the notes mature in 2022. These revenues are recognized on a straight-line basis over the term of the lease. Certain leases are accounted for as sales-type leases. Changes in these policies could impact the Company's financial results. We conducted our audits in accordance with the standards of the PCAOB. The failure to achieve these projections might be indicators of potential impairment. /s/ GRANT THORNTON LLP We have served as the Company's auditor since 2002. Costs incurred in the preliminary stages of development are expensed as incurred. Maintenance, training and post implementation costs are expensed as incurred. Capitalized software costs are included in property, plant and equipment. Intangible assets related to customer relationships are amortized over eleven years. There were no impairment charges in 2019 or 2018. The functional currency for TRS-Canada is the U.S. dollar. The new guidance eliminates the second step from the goodwill impairment test. The wind down of operations in India began in 2017. If not realized, these carry forwards will begin to expire in 2023. There were 184,091 performance-based RSUs expected to vest as of December 31, 2020. Evaluation of Disclosure Controls and Procedures. Limitations on the Effectiveness of Controls. 3.1.1 Amendment to Articles of Incorporation of McGrath RentCorp. &# 10.4.4 Form of 2007 Stock Incentive Plan Restricted Stock Unit Award and Agreement. Right of use assets obtained in exchange for lease obligations abstract. Non-lease Sales [Member] Non Lease Sales [Member] Non lease other. Line of credit facility indebtedness. Senior Unsecured Notes [Member] Senior Unsecured Notes [Member] Rate Lock Agreement. Health and workers compensation plans liability. As of December 31, 2020, 1,309,805 shares remain authorized for repurchase. &

Summerized Form 10-K with GPT-2
Candlestick patterns

Candlestick patterns can be used as additional information for price prediction. Following list show which pattern applies on latest price information.

  • Meta analyst score 82.46/100
    • Good financial position.
    • Historical view, profit is growing.
    • Company revenue is growing faster compared with the industry.
    • Stock price is under book price value.

Institutional ownership list is based on filling form information

Holding name Date Amount
Legato Capital Management LLC 2023-03-31 5688
CWM, LLC 2023-03-31 15875

Fund ownership list is based on filling form information

Fund name Date Amount Profile
PACIFIC SELECT FUND 2022-12-31 1408 Long
PACIFIC SELECT FUND 2022-12-31 42439 Long
PACIFIC SELECT FUND 2022-12-31 6653 Long
iShares Trust 2022-12-31 554787 Long
iShares Trust 2022-12-31 201489 Long

Insider trading for MCGRATH RENT

CIK Name Date Action T-Test 1day T-Test 7day T-Test 14day T-Test 30day
1357113 Whitney David M 2023-02-28 SALE Accept Accept Accept Accept
1403246 Hawkins Philip B 2023-03-08 SALE Accept Accept Accept Accept
1465948 Van Trease Kristina 2023-02-28 SALE Accept Accept Accept Accept
1226141 Stradford Dennis P 2023-03-10 SALE Accept Reject Accept Reject

Bollinger Bollinger Bands for MCGRATH RENT can provide the information where the market is moving based on price information.

MCGRATH RENT Short Volume Ratio is shown in the diagram. Short volume sales can be seen as an investor sentiment.

Converting prices to returns MCGRATH RENT.

On-Balance Volume information for MCGRATH RENT. On-Balance Volume information can be an indicator for bullish or bearish outcome.

Accumulation / Distribution (A/D) indicator information for MCGRATH RENT. The indicator identify divergences between price and volume flow.

Aroon Oscillator information for MCGRATH RENT. The trend-following indicator can show the strengh of a current trend and likelihood that trend can continue.

Average Directional Index (ADX) information for MCGRATH RENT. The index can be used to identify the strengh of a trend.

Moving Average Convergence Divergence (MACD) for MCGRATH RENT. The indicator helps to predict trend direction and the momentum of the trend.

Stochastic Oscillator as momentum indicator for MCGRATH RENT. The indicator is useful for identifying overbought and oversold levels.

Relative Strength Index (RSI) for MCGRATH RENT. RSI is a momentum oscillator that measures the speed and change of price development. The momentum indicator was created by analyst Welles Wilder. The result compares recent gains and losses over restricted time period. Primary usage of the indicator is to identify overbought or oversold signals. When RSI indicator reaches a value of 70 it could mean that speculators should consider selling, suggests Wilder and Chong. Or vice versa when selling excess at which the RSI Indicators show a value of 30 [ Relative Strength Index for Developing Effective Trading Strategies in Constructing Optimal Portfolio ].

52W High 52W Low Market Cap

Similar shares


MCGRATH RENT on finviz

Figure below show the stock predictions.
Date Closing price Prediction was updated
2023-06-21 91.72 2023-06-03 04:15
2023-06-06 92.30 2023-06-03 04:15
2023-06-07 91.96 2023-06-03 04:15
2023-06-08 91.90 2023-06-03 04:15
2023-06-09 91.93 2023-06-03 04:15
2023-06-12 91.71 2023-06-03 04:15
2023-06-13 92.00 2023-06-03 04:15
2023-06-14 91.80 2023-06-03 04:15
2023-06-15 91.97 2023-06-03 04:15
2023-06-16 91.81 2023-06-03 04:15
2023-06-23 91.56 2023-06-03 04:15
2023-06-26 91.69 2023-06-03 04:15
2023-06-27 91.49 2023-06-03 04:15
2023-06-19 92.04 2023-06-03 04:15
2023-06-20 91.95 2023-06-03 04:15
2023-06-22 91.76 2023-06-03 04:15
2023-06-28 91.33 2023-06-03 04:15
2023-06-29 91.27 2023-06-03 04:15
2023-06-30 91.19 2023-06-03 04:15
2023-07-03 91.20 2023-06-03 04:15
2023-07-04 91.09 2023-06-03 04:15
2023-07-05 91.09 2023-06-03 04:15
2023-07-06 90.97 2023-06-03 04:15
2023-07-07 90.93 2023-06-03 04:15
2023-07-10 90.86 2023-06-03 04:15
2023-07-11 90.80 2023-06-03 04:15
2023-07-12 90.77 2023-06-03 04:15
2023-07-13 90.67 2023-06-03 04:15
2023-07-14 90.66 2023-06-03 04:15
2023-07-17 90.59 2023-06-03 04:15
2023-07-18 90.56 2023-06-03 04:15
2023-07-19 90.51 2023-06-03 04:15
2023-07-20 90.45 2023-06-03 04:15
2023-07-21 90.42 2023-06-03 04:15
2023-07-24 90.36 2023-06-03 04:15
2023-07-25 90.33 2023-06-03 04:15
2023-07-26 90.27 2023-06-03 04:15
2023-07-27 90.23 2023-06-03 04:15
2023-07-28 90.18 2023-06-03 04:15

The forecast (dashed curve) of the share price performance is based on historical data. Our forecast model is based on mathematical, statistical methods. The website offers price forecasts and analysis tools for equities and other securities, which are exclusively based on the prices of these securities in the past. Information about these prices is provided to us by third parties. Although we believe, If we believe that our sources are reliable, we cannot guarantee the accuracy, completeness, timeliness and correct sequencing of this information. We do not investigate the issuers of the securities to which our forecasts relate, nor do we consider any financial data or other data of such issuers with the exception of the past prices of the securities. Therefore, our forecasts do not constitute an analysis of other commercial or financial factors or circumstances, that may be relevant for future security price flows. Investments require additional considerations. Our forecasts cannot reflect the specific situation. Experience and risk profile of an individual investor or the tax implications an investment may have for the investor. Although we believe that our mathematical models are a tool to try to explore the possibility for future price development with the help of past performance, such developments are subject to a multitude of different influences. and therefore not really predictable. We cannot guarantee the success of any investment you make based on the information published here. This website is for information purposes only. All information and data on this website cannot be guaranteed to be accurate, accuracy, completeness and appropriateness - neither explicit nor implicit.