Mcgrath Rentcorp Stock Price on December 9, 2024

MGRC Stock  USD 112.65  0.67  0.60%   
Below is the normalized historical share price chart for McGrath RentCorp extending back to November 13, 1984. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of McGrath RentCorp stands at 112.65, as last reported on the 23rd of December, with the highest price reaching 114.68 and the lowest price hitting 110.05 during the day.
IPO Date
26th of March 1990
200 Day MA
111.0637
50 Day MA
116.4014
Beta
0.731
 
Black Monday
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in McGrath Stock, it is important to understand the factors that can impact its price. At this point, McGrath RentCorp is very steady. McGrath RentCorp has Sharpe Ratio of 0.0576, which conveys that the firm had a 0.0576% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for McGrath RentCorp, which you can use to evaluate the volatility of the firm. Please verify McGrath RentCorp's mean deviation of 1.24, and Risk Adjusted Performance of 0.0967 to check out if the risk estimate we provide is consistent with the expected return of 0.1%.
  
At present, McGrath RentCorp's Liabilities And Stockholders Equity is projected to increase significantly based on the last few years of reporting. The current year's Capital Stock is expected to grow to about 118.5 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 22 M. . At present, McGrath RentCorp's Price Cash Flow Ratio is projected to increase significantly based on the last few years of reporting. McGrath Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0576

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Estimated Market Risk

 1.8
  actual daily
16
84% of assets are more volatile

Expected Return

 0.1
  actual daily
1
99% of assets have higher returns

Risk-Adjusted Return

 0.06
  actual daily
4
96% of assets perform better
Based on monthly moving average McGrath RentCorp is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of McGrath RentCorp by adding it to a well-diversified portfolio.
Price Book
2.5279
Enterprise Value Ebitda
7.2595
Price Sales
3.1118
Shares Float
24.2 M
Dividend Share
1.89

McGrath RentCorp Main Headline on 9th of December 2024

Filed transaction by McGrath RentCorp Officer: Vp General Counsel And Corpora. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3(e)

McGrath RentCorp Valuation on December 9, 2024

It is possible to determine the worth of McGrath RentCorp on a given historical date. On December 9, 2024 McGrath was worth 121.78 at the beginning of the trading date compared to the closed value of 121.4. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of McGrath RentCorp stock. Still, in general, we apply an absolute valuation method to find McGrath RentCorp's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of McGrath RentCorp where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against McGrath RentCorp's related companies.
 Open High Low Close Volume
  122.15    122.69    120.74    122.14    95,715  
12/09/2024
  121.78    123.05    121.22    121.40    106,400  
  121.30    121.30    118.82    120.09    159,627  
Backtest McGrath RentCorp  |  McGrath RentCorp History  |  McGrath RentCorp Valuation   PreviousNext  
Open Value
121.78
116.38
Downside
121.4
Closing Value
127.18
Upside

McGrath RentCorp Trading Date Momentum on December 9, 2024

On December 10 2024 McGrath RentCorp was traded for  120.09  at the closing time. The top price for the day was 121.30  and the lowest listed price was  118.82 . The trading volume for the day was 159.6 K. The trading history from December 10, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 1.08% . The trading delta at closing time against the current closing price is 5.14% .

McGrath RentCorp Fundamentals Correlations and Trends

By evaluating McGrath RentCorp's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among McGrath RentCorp's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. McGrath financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About McGrath RentCorp Stock history

McGrath RentCorp investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for McGrath is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in McGrath RentCorp will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing McGrath RentCorp stock prices may prove useful in developing a viable investing in McGrath RentCorp
Last ReportedProjected for Next Year
Common Stock Shares Outstanding24.5 M22 M
Net Income Applicable To Common Shares132.4 M139 M

McGrath RentCorp Stock Technical Analysis

McGrath RentCorp technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of McGrath RentCorp technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of McGrath RentCorp trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

McGrath RentCorp Period Price Range

Low
December 23, 2024
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High

 0.00 

     

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McGrath RentCorp cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

McGrath RentCorp December 23, 2024 Market Strength

Market strength indicators help investors to evaluate how McGrath RentCorp stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading McGrath RentCorp shares will generate the highest return on investment. By undertsting and applying McGrath RentCorp stock market strength indicators, traders can identify McGrath RentCorp entry and exit signals to maximize returns

McGrath RentCorp Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for McGrath RentCorp's price direction in advance. Along with the technical and fundamental analysis of McGrath Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of McGrath to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for McGrath Stock analysis

When running McGrath RentCorp's price analysis, check to measure McGrath RentCorp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy McGrath RentCorp is operating at the current time. Most of McGrath RentCorp's value examination focuses on studying past and present price action to predict the probability of McGrath RentCorp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move McGrath RentCorp's price. Additionally, you may evaluate how the addition of McGrath RentCorp to your portfolios can decrease your overall portfolio volatility.
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