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Upturn AI SWOT - About
MGRC 
McGrath RentCorp (MGRC)
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Upturn Advisory Summary
04/01/2025: MGRC (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type Stock | Historic Profit 1.72% | Avg. Invested days 45 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Mid-Cap Stock | Market Capitalization 2.78B USD | Price to earnings Ratio 12.01 | 1Y Target Price 145 |
Price to earnings Ratio 12.01 | 1Y Target Price 145 | ||
Volume (30-day avg) 160570 | Beta 0.74 | 52 Weeks Range 94.71 - 129.93 | Updated Date 04/2/2025 |
52 Weeks Range 94.71 - 129.93 | Updated Date 04/2/2025 | ||
Dividends yield (FY) 1.73% | Basic EPS (TTM) 9.43 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin 25.44% | Operating Margin (TTM) 25.76% |
Management Effectiveness
Return on Assets (TTM) 6.53% | Return on Equity (TTM) 22.53% |
Valuation
Trailing PE 12.01 | Forward PE 18.18 | Enterprise Value 3348954081 | Price to Sales(TTM) 3.05 |
Enterprise Value 3348954081 | Price to Sales(TTM) 3.05 | ||
Enterprise Value to Revenue 3.68 | Enterprise Value to EBITDA 7.15 | Shares Outstanding 24551200 | Shares Floating 24231773 |
Shares Outstanding 24551200 | Shares Floating 24231773 | ||
Percent Insiders 1.36 | Percent Institutions 89.18 |
Analyst Ratings
Rating 4.5 | Target Price 140.67 | Buy 1 | Strong Buy 1 |
Buy 1 | Strong Buy 1 | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
McGrath RentCorp
Company Overview
History and Background
McGrath RentCorp was founded in 1979. It started as a rental company for modular classrooms and expanded into other rental services over time. The company has grown through organic expansion and strategic acquisitions, becoming a leading provider of rental solutions.
Core Business Areas
- Mobile Modular: Rents and sells modular buildings and classrooms, primarily in the education, commercial, and construction sectors.
- TRS-RenTelco: Rents and sells electronic test equipment to technology, communications, aerospace, and other industries.
- Adler Tank Rentals: Rents and sells tanks and related equipment for the storage of liquids and solids, primarily to the environmental, construction, and industrial markets.
Leadership and Structure
Joe Hanna is the Chief Executive Officer. The company has a board of directors and a typical corporate structure with functional departments.
Top Products and Market Share
Key Offerings
- Modular Buildings: Rental and sales of relocatable buildings for various applications. McGrath RentCorp is a key player. Competitors include WillScot Mobile Mini (WSC), Acton Mobile.
- Electronic Test Equipment: Rental and sales of electronic test and measurement equipment. TRS-RenTelco serves a niche market. Competitors include Electro Rent and United Rentals (URI).
- Tanks and Containers: Rental and sales of storage tanks and containers for liquids and solids. Adler Tank Rentals focuses on specialized applications. Competitors include United Rentals (URI) and Mobile Mini Solutions.
Market Dynamics
Industry Overview
The rental services industry is driven by economic activity, construction spending, and technological advancements. Demand is cyclical, influenced by capital spending and infrastructure projects.
Positioning
McGrath RentCorp holds a strong position due to its diversified rental portfolio and focus on specialized market segments. Its competitive advantage lies in its product expertise, quality service, and extensive geographic reach.
Total Addressable Market (TAM)
The total addressable market is estimated to be several billion dollars annually across its business segments. McGrath RentCorp is well-positioned to capture a significant share through its diversified offerings and established market presence.
Upturn SWOT Analysis
Strengths
- Diversified Revenue Streams
- Strong Market Position in Key Segments
- Experienced Management Team
- Extensive Geographic Reach
- Well-Maintained Rental Fleet
Weaknesses
- Cyclical Nature of the Rental Industry
- High Capital Expenditure Requirements
- Exposure to Economic Downturns
- Dependence on Key Industries
Opportunities
- Expansion into New Geographic Markets
- Acquisition of Complementary Businesses
- Increased Demand for Temporary Space Solutions
- Growing Environmental Regulations Favoring Tank Rentals
Threats
- Economic Recession
- Increased Competition
- Fluctuations in Interest Rates
- Changes in Government Regulations
Competitors and Market Share
Key Competitors
- WSC
- URI
- ELEC
Competitive Landscape
McGrath RentCorp competes effectively through its diversified product portfolio, specialized market focus, and strong customer relationships.
Major Acquisitions
Design Space Modular Buildings
- Year: 2018
- Acquisition Price (USD millions): 256
- Strategic Rationale: Expanded Mobile Modular's geographic footprint and product offerings.
Growth Trajectory and Initiatives
Historical Growth: McGrath RentCorp has experienced consistent growth through both organic expansion and acquisitions.
Future Projections: Analysts project continued growth for McGrath RentCorp, driven by strong demand in its core markets.
Recent Initiatives: Recent initiatives include acquisitions to expand its product offerings and geographic footprint.
Summary
McGrath RentCorp is a diversified rental company with a strong market position and consistent growth. Its diversified business model and experienced management team support its resilience. However, its financial performance is subject to economic cycles, and changes in government regulations may negatively affect revenue. The company's strategic initiatives and acquisition strategy have contributed to long-term growth.
Similar Companies
URI
United Rentals Inc
URI
United Rentals Inc
WSC
Willscot Mobile Mini Holdings Corp A
WSC
Willscot Mobile Mini Holdings Corp A
Sources and Disclaimers
Data Sources:
- Company Filings (10-K, 10-Q), Investor Presentations, Analyst Reports, Industry Reports
Disclaimers:
The data and analysis provided are for informational purposes only and should not be considered financial advice. Market conditions and company performance are subject to change.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About McGrath RentCorp
Exchange NASDAQ | Headquaters Livermore, CA, United States | ||
IPO Launch date 1990-03-26 | President, CEO & Director Mr. Joseph F. Hanna | ||
Sector Industrials | Industry Rental & Leasing Services | Full time employees 1219 | Website https://www.mgrc.com |
Full time employees 1219 | Website https://www.mgrc.com | ||
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. The Mobile Modular segment rents and sells modular buildings designed for use as classrooms, temporary offices adjacent to existing facilities, sales offices, construction field offices, restroom buildings, health care clinics, child care facilities, office spaces, and various other purposes. The Portable Storage segment offers steel containers, such as storage and office containers to provide a temporary storage solution to construction, retail, commercial and industrial, energy and petrochemical, manufacturing, education, and healthcare markets. The TRS-RenTelco segment rents and sells general purpose electronic test equipment, such as oscilloscopes, amplifiers, analyzers, signal source, and power source test equipment primarily to aerospace, defense, electronics, industrial, research, and semiconductor industries. This segment also provides communications test equipment, including network and transmission test equipment for various fiber, copper, and wireless networks to the manufacturers of communications equipment and products, electrical and communications installation contractors, field technicians, and service providers. The Enviroplex segment manufactures and sells portable classrooms directly to public school districts and other educational institutions in California. The company was incorporated in 1979 and is based in Livermore, California.
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