Page 9 - Mobile Modular News Today

McGrath RentCorp (NASDAQ:MGRC – Get Rating) announced its quarterly earnings results on Thursday. The financial services provider reported $0.77 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.72 by $0.05, Briefing.com reports. The firm had revenue of $145.37 million during the quarter, compared to analyst estimates of $146.41 million. McGrath RentCorp […]

McGrath RentCorp (NASDAQ:MGRC – Get Rating) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a note issued to investors on Wednesday, Zacks.com reports. According to Zacks, “McGrath RentCorp is comprised of three business segments: Mobile Modular Management Corporation, their modular building rental group, RenTelco, their electronic test equipment […]

McGrath RentCorp (NASDAQ:MGRC – Get Rating) was the recipient of a significant decrease in short interest during the month of March. As of March 31st, there was short interest totalling 227,800 shares, a decrease of 30.2% from the March 15th total of 326,400 shares. Based on an average trading volume of 88,000 shares, the days-to-cover […]

McGrath RentCorp (NASDAQ:MGRC – Get Rating) was the recipient of a significant increase in short interest in the month of March. As of March 15th, there was short interest totalling 326,400 shares, an increase of 24.7% from the February 28th total of 261,700 shares. Approximately 1.4% of the shares of the company are short sold. […]

Zacks Investment Research upgraded shares of McGrath RentCorp (NASDAQ:MGRC – Get Rating) from a hold rating to a buy rating in a research report report published on Saturday, Zacks.com reports. They currently have $88.00 target price on the financial services provider’s stock. According to Zacks, “McGrath RentCorp is comprised of three business segments: Mobile Modular […]

Operator Ladies and gentlemen, thank you for standing by. Welcome to the McGrath RentCorp First Quarter 2021 Conference Call. [Operator Instructions]. This conference call is being recorded today, Wednesday, April 28, 2021. Before we begin, note that the matters the company management will be discussing today that are not statements of historical facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding our fu...

Press release content from Business Wire. The AP news staff was not involved in its creation. McGrath RentCorp Acquires Modular Kitchen Rental Company April 9, 2021 GMT LIVERMORE, Calif.--(BUSINESS WIRE)--Apr 9, 2021-- McGrath RentCorp today announced it has acquired Kitchens To Go, a leader in both interim and permanent modular solutions for foodservice providers that require flexible facilities to continue or expand operations. The purchase will allow the Mobile Modular division of McGrath Re...

Pursuant to Part 130 , attorneys are obligated to undertake an investigation of a case.  But is an attorney responsible for ignorance of facts which the client neglected to disclose?  “No,” says the Commercial Division. In a recent decision by Justice Andrew Borrok, the Commercial Division discussed this very issue. In Morgan and Mendel Genomics v Amster Rothstein & Ebenstein, LLP, Albert Einstein College of Medicine (“Einstein”) hired the law firm of Amster Rothstein & Ebenstein, ...

Companys 52-week low was at $44.32 Price action over last quarter: Up 37.58% Company Overview McGrath RentCorp is a rental company. It is comprised of four reportable business segments: Modular building and portable storage segment (Mobile Modular), Electronic test equipment segment (TRS-RenTelco), Containment solutions for the storage of hazardous and non-hazardous liquids and solids segment (Adler Tanks) and Classroom manufacturing division selling modular classrooms in California (Enviroplex...

Posted on 137 McGrath RentCorp (NASDAQ: MGRC) (the “Company”), a diversified business-to-business rental company, today announced the appointment of Smita Conjeevaram to the Company’s Board of Directors. Ron Zech, Chairman of McGrath RentCorp’s Board stated: “We are very pleased to welcome Smita to our Board. She is not only an accomplished leader with an extensive background as an executive in finance, she also has a globa...