McGrath RentCorp Reaches Oversold Status (MGRC)
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Oct 30 2025
0mins
Source: NASDAQ.COM
McGrath RentCorp's Stock Performance: On Thursday, McGrath RentCorp (MGRC) shares reached an RSI of 29.5, indicating they are in oversold territory, with a trading price as low as $109.24 per share.
Comparison with S&P 500: The current RSI for the S&P 500 ETF (SPY) is 60.8, suggesting that MGRC's recent selling may be nearing exhaustion, potentially signaling a buying opportunity for investors.
52-Week Range: MGRC's stock has a 52-week low of $97.805 and a high of $129.93, with the last trade recorded at $109.33.
Author's Views: The opinions expressed in the article are those of the author and do not necessarily reflect the views of Nasdaq, Inc.
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Analyst Views on MGRC
Wall Street analysts forecast MGRC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for MGRC is 143.00 USD with a low forecast of 143.00 USD and a high forecast of 143.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
1 Analyst Rating
1 Buy
0 Hold
0 Sell
Moderate Buy
Current: 110.730
Low
143.00
Averages
143.00
High
143.00
Current: 110.730
Low
143.00
Averages
143.00
High
143.00
About MGRC
McGrath RentCorp is a business-to-business rental company in North America. The Company operates through four segments: Mobile Modular, Portable Storage, TRS-RenTelco and Enviroplex. Mobile Modular segment provides modular buildings in the United States. It provides prefabricated customizable modular buildings, mobile office trailers, portable classrooms, portable sales office buildings, prefab restrooms and more for rent, lease and sale. Portable Storage segment’s rental inventory is comprised of steel containers, which are used to provide a temporary storage solution that is delivered to the customer’s location. TRS-RenTelco segment rents and sells general purpose and communications test equipment. TRS-RenTelco segment’s general purpose test equipment rental inventory includes oscilloscopes, amplifiers, analyzers (spectrum, network and logic), signal source and power source test equipment. Enviroplex segment manufactures modular buildings used primarily as classrooms in California.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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