McGrath RentCorp (MGRC) EPS Estimated At $0.57; 1 Analysts Are Bullish Mitcham Industries, Inc. (MIND) Last Week

October 13, 2017 - By Marie Mckinney

Among 2 analysts covering Mitcham Industries (NASDAQ:MIND), 1 have Buy rating, 0 Sell and 1 Hold. Therefore 50% are positive. Mitcham Industries had 3 analyst reports since August 10, 2015 according to SRatingsIntel. The stock of Mitcham Industries, Inc. (NASDAQ:MIND) earned “Hold” rating by Zacks on Monday, August 10. The stock of Mitcham Industries, Inc. (NASDAQ:MIND) earned “Neutral” rating by Seaport Global Securities on Tuesday, November 3. Sidoti upgraded the shares of MIND in report on Wednesday, September 23 to “Buy” rating. See Mitcham Industries, Inc. (NASDAQ:MIND) latest ratings:

Analysts expect McGrath RentCorp (NASDAQ:MGRC) to report $0.57 EPS on November, 7.They anticipate $0.03 EPS change or 5.56% from last quarter’s $0.54 EPS. MGRC’s profit would be $13.63 million giving it 19.99 P/E if the $0.57 EPS is correct. After having $0.48 EPS previously, McGrath RentCorp’s analysts see 18.75% EPS growth. The stock decreased 1.85% or $0.86 during the last trading session, reaching $45.58. About 74,436 shares traded or 21.02% up from the average. McGrath RentCorp (NASDAQ:MGRC) has risen 25.54% since October 13, 2016 and is uptrending. It has outperformed by 8.84% the S&P500.

Investors sentiment increased to 1.08 in 2017 Q2. Its up 0.15, from 0.93 in 2017Q1. It improved, as 2 investors sold Mitcham Industries, Inc. shares while 11 reduced holdings. 3 funds opened positions while 11 raised stakes. 7.75 million shares or 4.28% more from 7.44 million shares in 2017Q1 were reported. Us Savings Bank De accumulated 1,402 shares. Moreover, Teton Advsrs has 0% invested in Mitcham Industries, Inc. (NASDAQ:MIND). Perritt Cap Mngmt accumulated 0.14% or 136,506 shares. Ancora Advsrs Ltd Liability Corporation has 0% invested in Mitcham Industries, Inc. (NASDAQ:MIND). Vanguard Group Inc reported 439,580 shares. California Employees Retirement Systems holds 0% in Mitcham Industries, Inc. (NASDAQ:MIND) or 33,200 shares. Renaissance Tech Ltd Liability Com stated it has 0% of its portfolio in Mitcham Industries, Inc. (NASDAQ:MIND). Bank Of America Corporation De has invested 0% in Mitcham Industries, Inc. (NASDAQ:MIND). Grt Prns Limited Liability Company stated it has 39,676 shares. Creative Planning reported 330 shares. Dimensional Fund Advsr Ltd Partnership owns 962,502 shares. Goldman Sachs Gp has invested 0% in Mitcham Industries, Inc. (NASDAQ:MIND). Blackrock holds 326,756 shares. Brandywine Global Inv Mngmt Ltd Limited Liability Company holds 0% in Mitcham Industries, Inc. (NASDAQ:MIND) or 6,462 shares. Manufacturers Life Insurance Company The owns 364 shares or 0% of their US portfolio.

The stock decreased 3.91% or $0.14 on October 13, reaching $3.44. About 7,119 shares traded. Mitcham Industries, Inc. (NASDAQ:MIND) has risen 10.89% since October 13, 2016 and is uptrending. It has underperformed by 5.81% the S&P500.

Mitcham Industries, Inc. is a provider of equipment to the geophysical, oceanographic and hydrographic industries. The company has market cap of $41.59 million. The Firm operates through two divisions. It currently has negative earnings. The Equipment Leasing segment is primarily engaged in the leasing of seismic equipment to companies in the gas and oil industry across the world.

Since May 8, 2017, it had 0 insider buys, and 4 insider sales for $442,115 activity. $72,050 worth of McGrath RentCorp (NASDAQ:MGRC) shares were sold by FETTER ELIZABETH A. Shares for $207,313 were sold by HANNA JOSEPH F. Another trade for 3,000 shares valued at $108,752 was sold by STRADFORD DENNIS P. The insider Hawkins Philip B sold $54,000.

McGrath RentCorp is a diversified business-to-business rental company. The company has market cap of $1.09 billion. The Firm operates through four business divisions: modular building and portable storage segment ; electronic test equipment segment (TRS-RenTelco); a subsidiary providing containment solutions for the storage of hazardous and non-hazardous liquids and solids segment (Adler Tanks), and a subsidiary classroom manufacturing business selling modular buildings used primarily as classrooms in California (Enviroplex). It has a 26.12 P/E ratio. The Mobile Modular business segment includes Mobile Modular Portable Storage division.

Investors sentiment decreased to 1.28 in Q2 2017. Its down 0.15, from 1.43 in 2017Q1. It turned negative, as 10 investors sold McGrath RentCorp shares while 36 reduced holdings. 16 funds opened positions while 43 raised stakes. 19.43 million shares or 1.00% more from 19.24 million shares in 2017Q1 were reported. Mufg Americas Hldg Corporation holds 0% or 471 shares. 176,300 were accumulated by Bridgeway Mngmt. Deprince Race Zollo has invested 0.8% of its portfolio in McGrath RentCorp (NASDAQ:MGRC). Numeric Llc holds 181,261 shares. Royal Bancorp Of Canada holds 155 shares or 0% of its portfolio. Morgan Stanley reported 0% stake. Stewart & Patten Ltd Liability has invested 0.09% in McGrath RentCorp (NASDAQ:MGRC). Dimensional Fund Advsrs Lp reported 0.03% stake. Vanguard Group invested in 2.09M shares. Legal And General Gp Plc has 0% invested in McGrath RentCorp (NASDAQ:MGRC) for 7,252 shares. Citadel Advsrs Limited Liability Corp stated it has 0% of its portfolio in McGrath RentCorp (NASDAQ:MGRC). Bnp Paribas Arbitrage Sa has 0% invested in McGrath RentCorp (NASDAQ:MGRC). Moreover, Piermont Capital Mngmt has 0.71% invested in McGrath RentCorp (NASDAQ:MGRC) for 71,697 shares. Prudential Financial has invested 0% in McGrath RentCorp (NASDAQ:MGRC). Paradigm Asset Mgmt Com Limited Co holds 7,400 shares or 0% of its portfolio.

Among 3 analysts covering McGrath RentCorp (NASDAQ:MGRC), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. McGrath RentCorp had 4 analyst reports since November 4, 2015 according to SRatingsIntel. The firm has “Buy” rating by Sidoti given on Friday, January 8. The firm has “Buy” rating by Sidoti given on Wednesday, September 14. The stock of McGrath RentCorp (NASDAQ:MGRC) has “Hold” rating given on Thursday, August 3 by Oppenheimer. As per Wednesday, November 4, the company rating was downgraded by KeyBanc Capital Markets.

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