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MGRC McGrath RentCorp

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120.380
+0.240+0.20%

Close Feb 14 16:00 ET

120.380
0.0000.00%

Post 17:04 ET

2.96BMarket Cap13.14P/E (TTM)

McGrath RentCorp Stock Forum

Moomoo AI

Dec 20, 2023 01:37

Investors' bullish view seems to be driving McGrath RentCorp's high P/E ratio despite the company's lower-than-market anticipated growth rate. A potential risk for share price decline could be created by this premium pricing. Slower market growth could negatively impact the high P/E.