McGrath RentCorp (MGRC)
(Delayed Data from NSDQ)
$105.35 USD
+0.86 (0.82%)
Updated Jul 8, 2024 04:00 PM ET
After-Market: $105.33 -0.02 (-0.02%) 7:58 PM ET
3-Hold of 5 3
C Value C Growth A Momentum B VGM
Fundamental Charts
About PEG Ratio (TTM)
The company's trailing twelve month (TTM) PEG ratio is the P/E ratio divided by its long-term growth rate consensus. This ratio essentially compares the P/E to its growth rate, thus, for many, telling a more complete story than just the P/E ratio alone. Conventional wisdom says that a PEG ratio of 1 or less is considered good (at par or undervalued to its growth rate). A value greater than 1, in general, is not as good (overvalued to its growth rate). For example, a company with a P/E ratio of 25 and a growth rate of 20% would have a PEG ratio of 1.25 (25 / 20 = 1.25). A company with a P/E ratio of 40 and a growth rate of 50% would have a PEG ratio of 0.80 (40 / 50 = 0.80). Traditionally, investors would look at the stock with the lower P/E and deem it a bargain. But when compared to its growth rate, it doesn't have the earnings growth to justify its P/E. In this example, the one with the P/E of 40 is the better bargain because it is selling at a discount to its growth rate. So the PEG ratio tells you what you're paying for each unit of earnings growth.
MGRC 105.35 +0.86(0.82%)
Will MGRC be a Portfolio Killer in July?
Zacks Investment Research is releasing its prediction for MGRC based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for MGRC
McGrath (MGRC) Upgraded to Buy: Here's Why
McGrath (MGRC) Q1 Earnings and Revenues Top Estimates
MGRC: What are Zacks experts saying now?
Zacks Private Portfolio Services
McGrath (MGRC) Loses -6.12% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
McGrath (MGRC) is on the Move, Here's Why the Trend Could be Sustainable
WillScot Mobile Mini (WSC) to Acquire McGrath to Expand in NA
Other News for MGRC
McGrath Sets Second Quarter 2024 Financial Results Date and Time
McGrath RentCorp: Still In Play, Especially If Bullish On WillScot Mobile
WillScot Mobile - McGrath RentCorp Merger: Potential Double-Digit Returns
McGrath Sets Date for Special Meeting of Shareholders to Vote on Acquisition by WillScot Mobile Mini
McGrath Declares Quarterly Dividend