McGrath RentCorp upgraded by Sidoti with a new price target
$MGRC
Diversified Commercial Services
Consumer Discretionary
Sidoti upgraded McGrath RentCorp from Neutral to Buy and set a new price target of $127.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/11/2024 | $152.00 | Market Outperform | CJS Securities |
| 9/25/2024 | $120.00 | Outperform | Oppenheimer |
| 2/2/2023 | $127.00 | Neutral → Buy | Sidoti |
| 11/16/2022 | $106.00 | Buy → Neutral | Sidoti |
McGrath RentCorp ("McGrath" or the "Company") (NASDAQ:MGRC), a leading business-to-business rental company in North America, today announced total revenues for the quarter ended June 30, 2025 of $235.6 million, an increase of 11% compared to the second quarter of 2024. The Company reported net income of $36.0 million, or $1.46 per diluted share, for the second quarter of 2025, compared to net income of $20.6 million, or $0.84 per diluted share, for the second quarter of 2024. SECOND QUARTER 2025 YEAR-OVER-YEAR COMPANY HIGHLIGHTS: Rental operations revenues increased 5% to $163.5 million. Sales revenues increased 28% to $69.8 million. Total revenues increased 11% to $235.6 million
McGrath RentCorp ("McGrath" or the "Company") (NASDAQ:MGRC), a leading business-to-business rental company in North America, today announced that it will participate in the CJS Securities 25th Annual "New Ideas" Summer Conference that will be held in White Plains, NY on Thursday, July 10, 2025. ABOUT MCGRATH: McGrath RentCorp (NASDAQ:MGRC) is a leading business-to-business rental company in North America with a strong record of profitable business growth. Founded in 1979, McGrath's operations are centered on modular solutions through its Mobile Modular and Mobile Modular Portable Storage businesses. In addition, its TRS-RenTelco business offers electronic test equipment rental solutions
McGrath RentCorp ("McGrath" or the "Company") (NASDAQ:MGRC), a leading business-to-business rental company in North America, today announced plans to release financial results for its second quarter ending June 30, 2025, after the close of regular market trading on Thursday, July 24, 2025. McGrath RentCorp will host a conference call at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) on July 24, 2025, to discuss the results. The conference call may be accessed by dialing 1-800-245-3047 (international callers dial 1-203-518-9765), or by listening to the simultaneous webcast on https://investors.mgrc.com/. A replay will be available for 7 days following the call by dialing 1-800-839-5630 (i
8-K - MCGRATH RENTCORP (0000752714) (Filer)
10-Q - MCGRATH RENTCORP (0000752714) (Filer)
8-K - MCGRATH RENTCORP (0000752714) (Filer)
4 - MCGRATH RENTCORP (0000752714) (Issuer)
4 - MCGRATH RENTCORP (0000752714) (Issuer)
4 - MCGRATH RENTCORP (0000752714) (Issuer)
CJS Securities initiated coverage of McGrath RentCorp with a rating of Market Outperform and set a new price target of $152.00
Oppenheimer resumed coverage of McGrath RentCorp with a rating of Outperform and set a new price target of $120.00
Sidoti upgraded McGrath RentCorp from Neutral to Buy and set a new price target of $127.00
SC 13G/A - MCGRATH RENTCORP (0000752714) (Subject)
SC 13G/A - MCGRATH RENTCORP (0000752714) (Subject)
SC 13G/A - MCGRATH RENTCORP (0000752714) (Subject)
McGrath RentCorp ("McGrath" or the "Company") (NASDAQ:MGRC), a leading business-to-business rental company in North America, today announced total revenues for the quarter ended June 30, 2025 of $235.6 million, an increase of 11% compared to the second quarter of 2024. The Company reported net income of $36.0 million, or $1.46 per diluted share, for the second quarter of 2025, compared to net income of $20.6 million, or $0.84 per diluted share, for the second quarter of 2024. SECOND QUARTER 2025 YEAR-OVER-YEAR COMPANY HIGHLIGHTS: Rental operations revenues increased 5% to $163.5 million. Sales revenues increased 28% to $69.8 million. Total revenues increased 11% to $235.6 million
McGrath RentCorp ("McGrath" or the "Company") (NASDAQ:MGRC), a leading business-to-business rental company in North America, today announced plans to release financial results for its second quarter ending June 30, 2025, after the close of regular market trading on Thursday, July 24, 2025. McGrath RentCorp will host a conference call at 5:00 p.m. Eastern Time (2:00 p.m. Pacific Time) on July 24, 2025, to discuss the results. The conference call may be accessed by dialing 1-800-245-3047 (international callers dial 1-203-518-9765), or by listening to the simultaneous webcast on https://investors.mgrc.com/. A replay will be available for 7 days following the call by dialing 1-800-839-5630 (i
McGrath RentCorp ("McGrath" or the "Company") (NASDAQ:MGRC), a leading business-to-business rental company in North America, today announced the Board of Directors' declaration of a quarterly cash dividend of $0.485 per common share for the quarter ended June 30, 2025. The dividend will be payable on July 31, 2025 to all shareholders of record on July 17, 2025. The year 2025 marks 34 consecutive years that McGrath RentCorp has raised its dividend to shareholders. ABOUT MCGRATH: McGrath RentCorp (NASDAQ:MGRC) is a leading business-to-business rental company in North America with a strong record of profitable business growth. Founded in 1979, McGrath's operations are centered on modular s
McGrath RentCorp ("McGrath" or the "Company") (NASDAQ:MGRC), a leading business-to-business rental company in North America, a leading business-to-business rental company in North America, today announced the appointment of Philip B. Hawkins to Chief Operating Officer (COO). Joe Hanna, CEO stated, "I am very pleased to announce the promotion of Phil Hawkins to the position of Chief Operating Officer (COO). In this role, Phil will continue to oversee our Mobile Modular businesses while expanding his attention to increased operational leadership responsibilities across McGrath." "McGrath is fortunate to have Phil as a key leader with deep industry knowledge. Phil has taken on increased re
McGrath RentCorp ("McGrath" or the "Company") (NASDAQ:MGRC), a leading business-to-business rental company in North America, today announced the appointment of Nicolas (Nic) Anderson to the Company's Board of Directors. Bradley Shuster, Chairman of McGrath RentCorp's Board stated: "We are very pleased to welcome Nicolas to our Board. He is not only an accomplished leader with an extensive background as an executive in finance, he also has a strong entrepreneurial background. Nic's experience and perspective will be a valuable complement to McGrath's Board." Mr. Anderson is a founder and Managing Partner of Elm Grove Partners, an entrepreneurial private equity firm focused on control inves
NEW YORK, Jan. 27, 2021 (GLOBE NEWSWIRE) -- WisdomTree Investments, Inc. (NASDAQ: WETF), an exchange-traded fund (“ETF”) and exchange-traded product (“ETP”) sponsor and asset manager, today announced that Smita Conjeevaram has been appointed to WisdomTree’s Board of Directors. Jonathan Steinberg, WisdomTree CEO, said, “It is my pleasure to welcome Smita to WisdomTree’s Board. Having held several leadership positions within the financial services industry for many years, Smita’s financial, accounting and compliance background, global experience and track record of success in guiding companies through significant growth will be a tremendous asset to WisdomTree and our stockholders. Furtherm