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McGrath (MGRC) Upgraded to Buy: Here's Why
ZACKS· 2024-06-17 17:01
Individual investors often find it hard to make decisions based on rating upgrades by Wall Street analysts, since these are mostly driven by subjective factors that are hard to see and measure in real time. In these situations, the Zacks rating system comes in handy because of the power of a changing earnings picture in determining near-term stock price movements. The change in a company's future earnings potential, as reflected in earnings estimate revisions, has proven to be strongly correlated with the n ...
Kuehn Law Encourages MGRC, SLCA, HCP, and SGRP Investors to Contact Law Firm
Prnewswire· 2024-06-13 12:06
U.S. Silica Holdings, Inc. has agreed to be acquired by affiliates of Apollo for $15.50 per share in cash. NEW YORK, June 13, 2024 /PRNewswire/ -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating potential claims related to the below-listed proposed mergers. Kuehn Law may seek additional disclosures or other relief on behalf of the shareholders of these companies. McGrath RentCorp has agreed to be acquired by WillScot Mobile Holdings Corp. Under the terms of the offer, McGrath shareholde ...
SHAREHOLDER INVESTIGATION: Halper Sadeh LLC Investigates MGRC, SLCA on Behalf of Shareholders
GlobeNewswire News Room· 2024-06-11 18:47
NEW YORK, June 11, 2024 (GLOBE NEWSWIRE) -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: U.S. Silica Holdings, Inc. (NYSE: SLCA)'s sale to affiliates of Apollo for $15.50 per share in cash. If you are a U.S. Silica shareholder, click here to learn more about your rights and options. Halper Sadeh LLC may seek increased consideration for shareholde ...
URGENT STOCKHOLDER ALERT: The M&A Class Action Firm Investigates Merger
Prnewswire· 2024-06-11 17:29
NEW YORK, June 11, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered money for shareholders and is recognized as a Top 50 Firm in the 2018-2022 ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating McGrath RentCorp (Nasdaq: MGRC), relating to its proposed sale to WillScot Mobile Mini Holdings Corp. Under the terms of the agreement, MGRC shareholders will receive either $123.00 in cash o ...
McGrath Rentp(MGRC) - 2024 Q1 - Earnings Call Transcript
2024-04-26 02:01
McGrath RentCorp (NASDAQ:MGRC) Q1 2024 Earnings Conference Call April 25, 2024 5:00 PM ET Corporate Participants Joe Hanna - Chief Executive Officer Keith Pratt - Chief Financial Officer Conference Call Participants Scott Schneeberger - Oppenheimer Marc Riddick - Sidoti Operator Ladies and gentlemen, thank you for standing by. Welcome to the McGrath RentCorp First Quarter 2024 Earnings Conference Call. At this time, all conference participants are in a listen-only mode. Later, we will conduct a question-and ...
McGrath (MGRC) Q1 Earnings and Revenues Top Estimates
Zacks Investment Research· 2024-04-25 22:36
McGrath (MGRC) came out with quarterly earnings of $0.93 per share, beating the Zacks Consensus Estimate of $0.73 per share. This compares to earnings of $0.89 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 27.40%. A quarter ago, it was expected that this business-to-business rental company would post earnings of $1.37 per share when it actually produced earnings of $1.30, delivering a surprise of -5.11%.Over the last four qu ...
McGrath Rentp(MGRC) - 2024 Q1 - Quarterly Report
2024-04-25 20:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D. C. 20549 FORM 10-Q ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITY AND EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITY AND EXCHANGE ACT OF 1934 Commission file number 000-13292 McGRATH RENTCORP (Exact name of registrant as specified in its Charter) (State or other jurisdiction of incorporation or organization) California 94-2579843 (I.R.S. E ...
McGrath Rentp(MGRC) - 2024 Q1 - Quarterly Results
2024-04-25 20:00
Exhibit 99.1 Contact Keith E. Pratt EVP & Chief Financial Officer 925-606-9200 PRESS RELEASE McGrath Announces Results for First Quarter 2024 Livermore, CA - April 25, 2024 – McGrath RentCorp ("McGrath" or the "Company") (Nasdaq: MGRC), a leading business-to-business rental company in North America, today announced total revenues from continuing operations for the quarter ended March 31, 2024 of $187.8 million, an increase of 15% compared to the first quarter of 2023. The Company reported net income from co ...
McGrath Rentp(MGRC) - 2023 Q4 - Earnings Call Transcript
2024-02-22 02:45
McGrath RentCorp (NASDAQ:MGRC) Q4 2023 Earnings Conference Call February 21, 2024 5:00 PM ET Company Participants Joe Hanna - Chief Executive Officer Keith Pratt - Chief Financial Officer Conference Call Participants Scott Schneeberger - Oppenheimer Operator Ladies and gentlemen, thank you for standing by. Welcome to the McGrath RentCorp Fourth Quarter 2023 Earnings Conference Call. At this time, all conference participants are in a listen-only mode. Later, we will conduct a question and answer session. [Op ...
McGrath Rentp(MGRC) - 2023 Q4 - Annual Report
2024-02-21 21:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 000-13292 McGRATH RENTCORP (Exact name of registrant as specified in its Charter) California 94-2579843 (State or other jurisdiction of incorporation or organization) 5700 Las Positas R ...