McGrath RentCorp
NASDAQ:MGRC

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McGrath RentCorp
NASDAQ:MGRC
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Price: 112.65 USD 0.6% Market Closed
Market Cap: 2.8B USD
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Wall Street
Price Targets

MGRC Price Targets Summary
McGrath RentCorp

Wall Street analysts forecast MGRC stock price to rise over the next 12 months.

According to Wall Street analysts, the average 1-year price target for MGRC is 137.7 USD with a low forecast of 132.31 USD and a high forecast of 145.95 USD.

Lowest
Price Target
132.31 USD
17% Upside
Average
Price Target
137.7 USD
22% Upside
Highest
Price Target
145.95 USD
30% Upside

MGRC Last Price Targets
McGrath RentCorp

The latest public price target was made on Sep 25, 2024 by Scott Schneeberger from Oppenheimer , who expects MGRC stock to rise by 7% over the next 12 months. You can read more about this price target by viewing the article on StreetInsider.

Analyst Price Target Date Article
Scott Schneeberger
Oppenheimer
120 USD
Upside 7%
2 months ago
Sep 25, 2024
Oppenheimer Reinstates McGrath Rentcorp (MGRC) at Outperform
StreetInsider
Scott Schneeberger
Oppenheimer
Price Target 120 USD
Upside/Downside 7%
View Source
McGrath RentCorp Competitors:
Price Targets
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TPK
Travis Perkins PLC
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FERG
Ferguson PLC
31% Upside

Revenue
Forecast

Revenue Estimate
McGrath RentCorp

For the last 8 years the compound annual growth rate for McGrath RentCorp's revenue is 9%. The projected CAGR for the next 3 years is 6%.

9%
Past Growth
6%
Estimated Growth
Estimates Accuracy
-2%
Average Miss

Operating Income
Forecast

Operating Income Estimate
McGrath RentCorp

For the last 8 years the compound annual growth rate for McGrath RentCorp's operating income is 12%. The projected CAGR for the next 3 years is 17%.

12%
Past Growth
17%
Estimated Growth
Estimates Accuracy
1%
Average Beat

Net Income
Forecast

Net Income Estimate
McGrath RentCorp

For the last 8 years the compound annual growth rate for McGrath RentCorp's net income is 20%. The projected CAGR for the next 3 years is -1%.

20%
Past Growth
-1%
Estimated Growth
Estimates Accuracy
3%
Average Beat

See Also

Discover More
Why do you have more estimates than other sites?

Our estimates are sourced from the pool of sell-side and buy-side analysts that we have access to. What is available on other sites you are seeing are mostly from the sell-side analysts.

What is MGRC's stock price target?
Price Target
137.7 USD

According to Wall Street analysts, the average 1-year price target for MGRC is 137.7 USD with a low forecast of 132.31 USD and a high forecast of 145.95 USD.

What is McGrath RentCorp's Revenue forecast?
Projected CAGR
6%

For the last 8 years the compound annual growth rate for McGrath RentCorp's revenue is 9%. The projected CAGR for the next 3 years is 6%.

What is McGrath RentCorp's Operating Income forecast?
Projected CAGR
17%

For the last 8 years the compound annual growth rate for McGrath RentCorp's operating income is 12%. The projected CAGR for the next 3 years is 17%.

What is McGrath RentCorp's Net Income forecast?
Projected CAGR
-1%

For the last 8 years the compound annual growth rate for McGrath RentCorp's net income is 20%. The projected CAGR for the next 3 years is -1%.

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