$111.10
0.28% yesterday
Nasdaq, Dec 30, 10:00 pm CET
ISIN
US5805891091
Symbol
MGRC

McGrath RentCorp Target price 2024 - Analyst rating & recommendation

McGrath RentCorp Classifications & Recommendation:

Buy
100%

McGrath RentCorp Price Target

Target Price $140.67
Price $111.10
Potential
Number of Estimates 3
3 Analysts have issued a price target McGrath RentCorp 2025 . The average McGrath RentCorp target price is $140.67. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 2 analysts: 2 Analysts recommend McGrath RentCorp to buy, 0 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the McGrath RentCorp stock has an average upside potential 2025 of . Most analysts recommend the McGrath RentCorp stock at Purchase.

Sales and Margin forecast 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Revenue Million $ 831.84 914.13
30.86% 9.89%
EBITDA Margin 37.43% 38.10%
9.43% 1.79%
Net Margin 13.61% 21.38%
25.05% 57.14%

3 Analysts have issued a sales forecast McGrath RentCorp 2024 . The average McGrath RentCorp sales estimate is

$914m
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. This is
2.85% higher
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$916m 3.06%
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, the lowest is
$912m 2.64%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $832m 30.86%
2024
$914m 9.89%
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2025
$926m 1.26%
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2026
$977m 5.56%
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3 Analysts have issued an McGrath RentCorp EBITDA forecast 2024. The average McGrath RentCorp EBITDA estimate is

$348m
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. This is
3.22% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$350m 3.72%
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, the lowest is
$346m 2.51%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $311m 18.52%
2024
$348m 11.87%
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2025
$357m 2.45%
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2026
$383m 7.40%
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EBITDA Margin

2023 37.43% 9.43%
2024
38.10% 1.79%
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2025
38.55% 1.18%
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2026
39.22% 1.74%
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3 McGrath RentCorp Analysts have issued a net profit forecast 2024. The average McGrath RentCorp net profit estimate is

$195m
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. This is
13.00% lower
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$230m 2.30%
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, the lowest is
$127m 43.39%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $113m 1.91%
2024
$195m 72.67%
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2025
$146m 25.21%
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2026
$161m 10.42%
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Net Margin

2023 13.61% 25.05%
2024
21.38% 57.14%
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2025
15.79% 26.15%
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2026
16.51% 4.56%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ 4.61 7.96
1.91% 72.67%
P/E 13.92
EV/Sales 3.64

3 Analysts have issued a McGrath RentCorp forecast for earnings per share. The average McGrath RentCorp <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$7.96
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. This is
13.01% lower
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$9.36 2.30%
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, the lowest is
$5.18 43.39%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $4.61 1.91%
2024
$7.96 72.67%
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2025
$5.95 25.25%
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2026
$6.57 10.42%
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P/E ratio

Current 12.10 49.69%
2024
13.92 15.04%
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2025
18.61 33.69%
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2026
16.85 9.46%
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Based on analysts' sales estimates for 2024, the McGrath RentCorp stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 3.74 13.82%
2024
3.64 2.76%
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2025
3.59 1.25%
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2026
3.40 5.27%
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P/S ratio

Current 3.06 13.32%
2024
2.98 2.77%
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2025
2.94 1.24%
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2026
2.78 5.27%
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