Added to YB: 2025-03-19
Pitch date: 2025-01-30
MGRC [bullish]
McGrath RentCorp
-12.44%
current return
Author Info
No bio for this author
Company Info
McGrath RentCorp operates as a business-to-business rental company in the United States and internationally.
Market Cap
$2.5B
Pitch Price
$121.95
Price Target
186.50 (+75%)
Dividend
1.91%
EV/EBITDA
11.64
P/E
17.20
EV/Sales
3.27
Sector
Trading Companies and Distributors
Category
value
McGrath RentCorp - $MGRC
MGRC: Specialty equipment rental co. with 80% in modular buildings/storage. Underfollowed, earnings upside from rent roll-up in Modular (70% rev). 74% spread between new/legacy rates. 10%+ pricing tailwind expected. 20%+ upside vs 2025 Street est. Takeout potential. Risks: non-resi cycle, pricing pressure. 15%+ IRR standalone, 25-50% in takeout.
Read full article (10 min)