|Bid||77.81 x 900|
|Ask||78.43 x 900|
|Day's Range||76.79 - 78.17|
|52 Week Range||44.32 - 80.97|
|Beta (5Y Monthly)||0.98|
|PE Ratio (TTM)||18.79|
|Earnings Date||Apr 27, 2021 - May 03, 2021|
|Forward Dividend & Yield||1.74 (2.21%)|
|Ex-Dividend Date||Apr 14, 2021|
|1y Target Est||83.67|
McGrath RentCorp ( NASDAQ:MGRC ), might not be a large cap stock, but it received a lot of attention from a substantial...
Before we begin, note that the matters the company management will be discussing today that are not statements of historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding our full year 2021 financial outlook as well as statements related to the company's expectations, strategies, prospects or targets. Furthermore, it should be noted that the impact of the COVID-19 pandemic on the company continues to evolve. As such, significant uncertainties remain regarding the full magnitude of impact that the pandemic will have on the company's financial condition, liquidity and future results of operation.
Shares of McGrath RentCorp (NASDAQ:MGRC) fell 2.4% in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share rose 18.69% year over year to $1.27, which beat the estimate of $1.03. Revenue of $148,980,000 higher by 1.19% year over year, which beat the estimate of $143,010,000. Outlook McGrath RentCorp Sees FY21 Sales $560M-$595M Vs $580.93M Estimates Details Of The Call Date: Feb 23, 2021 Time: 05:00 PM View more earnings on MGRC ET Webcast URL: https://edge.media-server.com/mmc/p/khu29c5w Price Action Company's 52-week high was at $80.97 Company's 52-week low was at $44.32 Price action over last quarter: Up 37.58% Company Overview McGrath RentCorp is a rental company. It is comprised of four reportable business segments: Modular building and portable storage segment (Mobile Modular), Electronic test equipment segment (TRS-RenTelco), Containment solutions for the storage of hazardous and non-hazardous liquids and solids segment (Adler Tanks) and Classroom manufacturing division selling modular classrooms in California (Enviroplex). The company generates its revenues primarily from the rental of its equipment on operating leases with sales of equipment occurring in the normal course of business. See more from BenzingaClick here for options trades from BenzingaEarnings Scheduled For February 23, 2021Earnings Outlook For McGrath RentCorp© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.