McGrath RentCorp (MGRC) Price Target Analysis
Updated Jul 2, 2026
Analyst Rating: Buy
Based on 5 analysts23.3% Below Target
MGRC trades 23.3% below Wall Street's consensus target of $140.00.
Current Price$113.58
Average Target$140.00
Low$140.00
Median$140.00
High$140.00
Analyst Target Range
Forward P/E17.8x
(Fair)
PEG Ratio2.02
(Pricey)
Implied Growth+1.3%
(Low)
Analyst Spread0.0%
(High Agreement)
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Consensus Scenario Assumptions
The base valuation assumes MGRC achieves its forward estimates and maintains a stable P/E multiple of 17.8x. This scenario reflects the blended consensus of 5 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
MGRC Price Target Analysis
Updated July 8, 2026As of July 8, 2026, McGrath RentCorp (MGRC) has a Wall Street consensus price target of $140.00, based on estimates from 5 covering analysts. With the stock currently trading at $113.58, this represents a potential upside of +23.3%. The company has a market capitalization of $2.79B.
Analyst price targets range from a low of $140.00 to a high of $140.00, representing a 0% spread in expectations. The median target of $140.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 3 analysts rating the stock as a Buy or Strong Buy,2 rating it Hold, and 0 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, MGRC trades at a trailing P/E of 17.9x and forward P/E of 17.8x. The forward PEG ratio of 2.02 reflects a premium valuation. Analysts expect EPS to grow +1.3% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $139.92, with bear and bull scenarios of $88.15 and $184.36 respectively. Model confidence stands at 46/100, suggesting limited visibility into future performance.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Industrials stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside
+11.0%
Industry Consensus
Avg Forward P/E
24.3x
(Fair)
Peers with Coverage
10 / 10
Active Analyst Tracking
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 URIUnited Rentals, Inc. | $66.2B | $1056.02 | $1133.75 | +7.4% | Buy | 22.4x | 41 |
 TREXTrex Company, Inc. | $4.9B | $47.11 | $49.25 | +4.5% | Hold | 28.1x | 34 |
 WSCWillScot Holdings Corporation | $4.6B | $25.67 | $26.20 | +2.1% | Buy | 23.7x | 13 |
 KFRCKforce Inc. | $994M | $54.40 | $71.00 | +30.5% | Hold | 22.6x | 10 |
 RSGRepublic Services, Inc. | $68.4B | $222.46 | $239.29 | +7.6% | Buy | 30.5x | 35 |
 GATXGATX Corporation | $6.2B | $174.17 | $220.00 | +26.3% | Buy | 17.3x | 14 |
 ALAir Lease Corporation | $7.3B | $65.00 | $65.00 | +0.0% | Buy | 12.8x | 20 |
 CATCaterpillar Inc. | $437.4B | $940.12 | $906.87 | -3.5% | Buy | 38.1x | 56 |
 DEDeere & Company | $162.9B | $603.61 | $691.58 | +14.6% | Hold | 33.4x | 46 |
 TEXTerex Corporation | $4.5B | $68.70 | $82.71 | +20.4% | Hold | 14.0x | 31 |
MGRC — Frequently Asked Questions
Quick answers to the most common questions about buying MGRC stock.
What is the MGRC stock price target for 2026?
The consensus Wall Street price target for MGRC is $140, representing 23.3% upside from the current price of $113.58. With 5 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
Is MGRC a buy, sell, or hold?
MGRC has a consensus rating of "Buy" based on 5 Wall Street analysts. The rating breakdown is predominantly bullish, with 3 Buy/Strong Buy ratings. The consensus 12-month price target of $140 implies 23.3% upside from current levels.
Is MGRC stock overvalued or undervalued?
With a forward P/E of 17.8333x, MGRC trades at a relatively low valuation. The consensus target of $140 implies 23.3% appreciation, suggesting meaningful undervaluation.
How high can MGRC stock go?
The most bullish Wall Street analyst has a price target of $140 for MGRC, while the most conservative target is $140. The consensus of $140 represents the median expectation. Our quantitative valuation model projects a bull case target of $184 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
How many analysts cover MGRC stock?
MGRC is moderately covered, with 5 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 3 have Buy ratings, 2 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the MGRC stock forecast?
The 12-month MGRC stock forecast based on 5 Wall Street analysts shows a consensus price target of $140, with estimates ranging from $140 (bear case) to $140 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $140, with bear/bull scenarios of $88/$184.
What is MGRC's fair value based on fundamentals?
Our quantitative valuation model calculates MGRC's fair value at $140 (base case), with a bear case of $88 and bull case of $184. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 46/100.
What is MGRC's forward P/E ratio?
MGRC trades at a forward P/E ratio of 17.8x based on next-twelve-months earnings estimates compared to a trailing P/E of 17.9x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy MGRC stock?
Wall Street analysts are very optimistic on MGRC, with a "Buy" consensus rating and $140 price target (23.3% upside). 3 of 5 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do MGRC price targets vary so much?
MGRC analyst price targets range from $140 to $140, a 0% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $140 consensus represents the middle ground. Our model's $88-$184 range provides an independent fundamental perspective.
Consensus-Based Analysis Tools
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