114.97
price down icon0.46%   -0.57
 
loading

Mcgrath Rentcorp Stock (MGRC) Forecast

The Mcgrath Rentcorp (MGRC) stock price forecast for the next 30 days is generally positive, with an average analyst price target of $122.35, representing a +6.42% increase from the current price of $114.97. The highest analyst price target is $125.48, and the lowest is $119.22.

Note: Our forecast model does not currently account for dividend and stock split events. This means that our forecast may not be accurate for stocks that have recently experienced either of these events.

Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.
12-Month MGRC Price Target
Average 113.77 (-1.04% Downside)
loading

Is Mcgrath Rentcorp (MGRC) A Buy Now?

Oscillators
Name Value Action
RSI(14) 61.00 Neutral
STOCH(9,6) 81.88 Sell
STOCHRSI(14) 65.55 Neutral
MACD(12,26) 2.5565 Buy
ADX(14) 20.74 Neutral
William %R -22.70 Neutral
CCI(14) 54.99 Neutral
Buy: 1 Sell: 1 Neutral: 5
Summary: Neutral
Moving Averages
Period Simple Exponential
MA10
113.39
Buy
113.53
Buy
MA20
110.43
Buy
111.33
Buy
MA50
107.00
Buy
108.65
Buy
MA100
106.92
Buy
108.20
Buy
MA200
111.88
Buy
107.49
Buy
Buy: 10 Sell: 0 Neutral: 0
Summary: Buy
According to our latest analysis, MGRC could be considered a Strong Buy, with 17 technical analysis indicators signaling 11 Buy signals, 1 signaling Sell signals and 5 Neutral signals. This might be a good time to open fresh positions on MGRC, as trading bullish markets is always a lot easier
  1. RSI (Relative Strength Index): The RSI(14) value of 61 indicates that MGRC is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
  2. STOCH (Stochastic Oscillator): The STOCH value of 81.88 indicates that MGRC is oversold. This means that MGRC price is at or near the highest level over a specified lookback period.
  3. STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 65.55 indicates that MGRC is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
  4. ADX (Average Directional Index): The ADX value of The ADX value of 20.74 suggests that there may be some movement in price, but it lacks strength or conviction.
  5. CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of 54.99 indicates that MGRC is still overbought but not to an extreme extent.

Long-term MGRC price forecast for 2025, 2030, 2035, 2040, 2045 and 2050

Based on our analysis about Mcgrath Rentcorp financial reports and earnings history, Mcgrath Rentcorp (MGRC) stock could reach $151.60 by 2030, $301.74 by 2040 and $401.66 by 2050. See the projected annual prices until 2050 of the Mcgrath Rentcorp stock below:

  • Mcgrath Rentcorp (MGRC) is expected to reach an average price of $246.54 in 2035, with a high prediction of $250.47 and a low estimate of $244.61. This indicates an $114.44% rise from the last recorded price of $114.97.
  • Mcgrath Rentcorp (MGRC) stock is projected to chart a bullish course in 2040, with an average price target of $298.02, representing an $159.21% surge from its current level. The forecast ranges from a conservative $293.79 to a sky-high $301.74.
  • Our analysts predict Mcgrath Rentcorp (MGRC) to jump 202.75% by 2045, soaring from $345.04 to an average price of $348.08, potentially reaching $353.28. While $345.04 is the low estimate, the potential upside is significant.
  • Mcgrath Rentcorp (MGRC) stock is expected to climb by 2050, reaching an average of $397.62, a $245.84% jump from its current level. However, a wide range of estimates exists, with high and low targets of $401.66 and $390.56, respectively, highlighting the market's uncertainty.

Mcgrath Rentcorp Stock (MGRC) Year by Year Forecast

Mcgrath Rentcorp Stock (MGRC) Price Forecast for 2024

Our forecast for MGRC stock price in 2024 now indicates an average price target of $115.72 with a high forecast of $130.86 and a low forecast of $100.59. The average prediction reflects an increase of +0.65% from the last recorded price of $114.97.
Month Average Low High Change from today's price
December, 2024 $124.70 $119.22 $125.48 +8.46%

Mcgrath Rentcorp Stock (MGRC) Price Forecast for 2025

Mcgrath Rentcorp Stock (MGRC) is expected to reach an average price of $113.77 in 2025, with a high prediction of $133.26 and a low estimate of $94.29. This indicates an -1.04% fall from the last recorded price of $114.97.
Month Average Low High Change from today's price
January, 2025 $125.40 $121.67 $126.76 +9.07%
February, 2025 $126.42 $125.01 $130.65 +9.96%
March, 2025 $117.27 $117.27 $133.26 +2.00%
April, 2025 $102.38 $94.29 $121.63 -10.95%
May, 2025 $101.50 $97.42 $106.69 -11.72%
June, 2025 $101.22 $96.72 $111.17 -11.96%
July, 2025 $104.20 $103.36 $113.21 -9.36%
August, 2025 $103.17 $101.29 $106.73 -10.27%
September, 2025 $112.79 $103.44 $116.44 -1.89%
October, 2025 $117.92 $113.06 $122.92 +2.57%
November, 2025 $112.92 $109.32 $118.30 -1.78%
December, 2025 $110.95 $108.91 $123.17 -3.50%

Mcgrath Rentcorp Stock (MGRC) Price Forecast for 2026

The predicted value for Mcgrath Rentcorp (MGRC) in 2026 is set at an average of $128.43. Estimates vary from a peak of $144.98 to a trough of $111.88, indicating an +11.71% surge from the present price of $114.97.
Month Average Low High Change from today's price
January, 2026 $119.17 $111.88 $121.74 +3.65%
February, 2026 $120.08 $116.86 $120.73 +4.44%
March, 2026 $127.87 $116.50 $129.98 +11.22%
April, 2026 $134.94 $124.45 $136.58 +17.37%
May, 2026 $139.46 $131.38 $142.91 +21.30%
June, 2026 $138.02 $132.87 $140.08 +20.05%
July, 2026 $143.21 $135.50 $143.35 +24.56%
August, 2026 $142.32 $139.22 $144.98 +23.79%
September, 2026 $139.32 $133.67 $143.61 +21.18%
October, 2026 $130.79 $130.32 $139.88 +13.76%
November, 2026 $128.75 $125.83 $132.63 +11.99%
December, 2026 $131.43 $127.33 $134.13 +14.32%

Mcgrath Rentcorp Stock (MGRC) Price Forecast for 2027

For 2027, Stockscan's Analyst expects the average price target for Mcgrath Rentcorp (MGRC) is $142.36, with a high forecast of $154.57 and a low forecast of $130.15. This indicates an +23.82% increase from the last price of $114.97.
Month Average Low High Change from today's price
January, 2027 $136.17 $131.16 $137.23 +18.44%
February, 2027 $140.11 $130.15 $141.07 +21.87%
March, 2027 $136.28 $133.66 $142.16 +18.54%
April, 2027 $139.55 $133.52 $143.87 +21.38%
May, 2027 $136.79 $135.55 $140.52 +18.98%
June, 2027 $143.01 $133.29 $144.15 +24.39%
July, 2027 $147.75 $141.63 $151.45 +28.51%
August, 2027 $150.27 $145.13 $154.57 +30.71%
September, 2027 $145.83 $142.53 $150.14 +26.85%
October, 2027 $138.61 $137.63 $147.97 +20.56%
November, 2027 $140.99 $137.58 $142.90 +22.63%
December, 2027 $152.92 $138.72 $153.05 +33.00%

Mcgrath Rentcorp Stock (MGRC) Price Forecast for 2028

In 2028, Mcgrath Rentcorp (MGRC) is projected to reach an average price of $163.53, with a high projection of $180.33 and a low estimate of $146.73. This indicates an +42.24% rise from the last price of $114.97.
Month Average Low High Change from today's price
January, 2028 $149.31 $146.73 $154.72 +29.87%
February, 2028 $149.88 $147.63 $153.22 +30.37%
March, 2028 $160.62 $148.25 $163.43 +39.70%
April, 2028 $164.67 $160.07 $167.08 +43.23%
May, 2028 $165.57 $162.37 $167.32 +44.01%
June, 2028 $164.97 $161.86 $169.54 +43.49%
July, 2028 $172.93 $161.15 $174.08 +50.41%
August, 2028 $165.15 $164.81 $180.33 +43.65%
September, 2028 $157.91 $155.02 $166.14 +37.35%
October, 2028 $160.08 $155.68 $161.34 +39.24%
November, 2028 $163.02 $158.08 $163.20 +41.80%
December, 2028 $163.28 $161.19 $170.03 +42.02%

Mcgrath Rentcorp Stock (MGRC) Price Forecast for 2029

The 2029 price forecast for Mcgrath Rentcorp Stock (MGRC) is $178.07 on average, with a high prediction of $205.78 and a low estimate of $150.35. This represents an +54.88% increase from the previous price of $114.97.
Month Average Low High Change from today's price
January, 2029 $167.72 $159.54 $169.23 +45.88%
February, 2029 $173.44 $165.29 $174.75 +50.86%
March, 2029 $172.42 $168.78 $176.39 +49.97%
April, 2029 $175.48 $171.05 $179.00 +52.63%
May, 2029 $173.31 $168.57 $178.12 +50.75%
June, 2029 $177.10 $171.21 $177.29 +54.04%
July, 2029 $193.67 $174.44 $196.88 +68.45%
August, 2029 $200.24 $182.88 $201.61 +74.17%
September, 2029 $199.93 $198.84 $205.78 +73.90%
October, 2029 $197.05 $193.61 $200.39 +71.39%
November, 2029 $186.40 $186.05 $199.09 +62.13%
December, 2029 $151.27 $150.35 $188.80 +31.57%

Mcgrath Rentcorp Stock (MGRC) Price Forecast for 2030

Mcgrath Rentcorp Stock (MGRC) is expected to reach an average price of $163.41 in 2030, with a high forecast of $182.58 and a low forecast of $144.25. This signifies an +42.14% surge from the last price of $114.97.
Month Average Low High Change from today's price
January, 2030 $150.58 $145.45 $151.60 +30.97%
February, 2030 $156.34 $150.00 $156.51 +35.98%
March, 2030 $159.80 $154.01 $162.44 +38.99%
April, 2030 $156.50 $155.45 $159.96 +36.12%
May, 2030 $163.37 $156.13 $163.94 +42.10%
June, 2030 $163.28 $158.59 $164.53 +42.02%
July, 2030 $167.72 $163.21 $175.39 +45.88%
August, 2030 $174.12 $168.30 $175.09 +51.45%
September, 2030 $175.04 $173.08 $177.40 +52.25%
October, 2030 $180.13 $174.20 $182.58 +56.67%
November, 2030 $152.12 $145.95 $181.26 +32.31%
December, 2030 $150.43 $144.25 $155.20 +30.84%
rental_leasing_services AL
$44.50
price up icon 0.28%
$139.81
price up icon 0.91%
rental_leasing_services HRI
$212.00
price up icon 2.42%
rental_leasing_services R
$147.14
price down icon 0.40%
rental_leasing_services WSC
$36.80
price down icon 1.11%
$69.00
price up icon 1.88%
Cap:     |  Volume (24h):