McGrath RentCorp (NASDAQ:MGRC – Get Free Report) is scheduled to be issuing its quarterly earnings data after the market closes on Thursday, April 25th. Analysts expect the company to announce earnings of $0.73 per share for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.
McGrath RentCorp (NASDAQ:MGRC – Get Free Report) last announced its quarterly earnings results on Wednesday, February 21st. The financial services provider reported $1.30 earnings per share for the quarter, missing the consensus estimate of $1.37 by ($0.07). McGrath RentCorp had a return on equity of 13.63% and a net margin of 20.99%. The business had revenue of $221.59 million during the quarter, compared to analysts’ expectations of $214.43 million. On average, analysts expect McGrath RentCorp to post $5 EPS for the current fiscal year and $6 EPS for the next fiscal year.
McGrath RentCorp Stock Performance
Shares of MGRC opened at $107.66 on Tuesday. The company has a 50 day moving average price of $121.23 and a 200-day moving average price of $113.27. McGrath RentCorp has a fifty-two week low of $85.97 and a fifty-two week high of $130.86. The stock has a market capitalization of $2.64 billion, a PE ratio of 15.12, a PEG ratio of 1.57 and a beta of 0.80.
McGrath RentCorp Increases Dividend
Wall Street Analyst Weigh In
Separately, StockNews.com initiated coverage on shares of McGrath RentCorp in a research note on Saturday. They set a “hold” rating for the company.
Get Our Latest Analysis on MGRC
About McGrath RentCorp
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.
Further Reading
- Five stocks we like better than McGrath RentCorp
- How to Start Investing in Real Estate
- It’s Time to Buy Into the Super Micro Computer Stock Implosion
- P/E Ratio Calculation: How to Assess Stocks
- Merger or Not, Albertson’s Companies is a Good Buy
- What does consumer price index measure?
- 3 Cheap Stocks That Shouldn’t Be So
Receive News & Ratings for McGrath RentCorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for McGrath RentCorp and related companies with MarketBeat.com's FREE daily email newsletter.