On October 28, 2024, Elizabeth Fetter, a Director at McGrath RentCorp (MGRC, Financial), executed a sale of 3,000 shares of the company. The transaction was filed on the same day with the SEC. Following this transaction, the insider now owns 3,970 shares of McGrath RentCorp.
McGrath RentCorp is engaged in the rental and sale of relocatable modular buildings, electronic test equipment, and liquid and solid containment tanks and boxes in the United States. The company operates through four divisions: Mobile Modular, TRS-RenTelco, Adler Tanks, and Enviroplex.
Over the past year, Elizabeth Fetter has sold a total of 3,000 shares and has not made any purchases of the company's stock. The insider transaction history for McGrath RentCorp shows a total of 5 insider sells and no insider buys over the past year.
Shares of McGrath RentCorp were trading at $115.34 on the day of the transaction. The company has a market cap of approximately $2.88 billion. The price-earnings ratio of McGrath RentCorp stands at 12.80, which is below both the industry median of 18.07 and the company's historical median.
The stock's GF Value is estimated at $126.21, indicating a price-to-GF-Value ratio of 0.91. This suggests that McGrath RentCorp is Fairly Valued based on its GF Value.
The GF Value is calculated considering historical trading multiples such as the price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on the company’s past returns and growth, and future business performance estimates from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
