$0.19 EPS Expected for Algonquin Power & Utilities Corp. (AQN); 1 Bullish Analysts Covering McGrath RentCorp (MGRC)

April 17, 2018 - By Steve Bissell

McGrath RentCorp (NASDAQ:MGRC) Logo

Analysts expect Algonquin Power & Utilities Corp. (NYSE:AQN) to report $0.19 EPS on May, 10.They anticipate $0.00 EPS change or 0.00% from last quarter’s $0.19 EPS. AQN’s profit would be $79.22 million giving it 13.20 P/E if the $0.19 EPS is correct. After having $0.16 EPS previously, Algonquin Power & Utilities Corp.’s analysts see 18.75% EPS growth. The stock increased 2.24% or $0.22 during the last trading session, reaching $10.03. About 207,201 shares traded. Algonquin Power & Utilities Corp. (NYSE:AQN) has risen 3.22% since April 17, 2017 and is uptrending. It has underperformed by 8.33% the S&P500.

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 rating was upgraded by Sidoti on Friday, January 8 to “Buy”. Sidoti maintained the shares of MGRC in report on Wednesday, September 14 with “Buy” rating. The company was maintained on Thursday, August 3 by Oppenheimer. KeyBanc Capital Markets downgraded the stock to “Sector Weight” rating in Wednesday, November 4 report. See McGrath RentCorp (NASDAQ:MGRC) latest ratings:

The stock increased 1.45% or $0.811 during the last trading session, reaching $56.671. About 119,461 shares traded or 16.07% up from the average. McGrath RentCorp (NASDAQ:MGRC) has risen 62.62% since April 17, 2017 and is uptrending. It has outperformed by 51.07% the S&P500.

Investors sentiment increased to 1.65 in 2017 Q4. Its up 0.48, from 1.17 in 2017Q3. It improved, as 4 investors sold McGrath RentCorp shares while 39 reduced holdings. 26 funds opened positions while 45 raised stakes. 19.35 million shares or 0.66% less from 19.48 million shares in 2017Q3 were reported. Deutsche Bancshares Ag accumulated 68,777 shares. Metropolitan Life Insurance holds 0% or 7,687 shares. Swiss Bancorporation holds 0% or 40,000 shares. Franklin Resources invested in 1.63M shares. Pub Employees Retirement System Of Ohio reported 11,773 shares. Art Advsr Limited has invested 0.02% in McGrath RentCorp (NASDAQ:MGRC). Us Bancorp De has 9,426 shares. Parallax Volatility Advisers Lp holds 0% of its portfolio in McGrath RentCorp (NASDAQ:MGRC) for 3,612 shares. Millennium Lc holds 338,398 shares or 0.02% of its portfolio. Point72 Asia (Hong Kong) holds 0% or 32 shares in its portfolio. Public Employees Retirement Association Of Colorado accumulated 0% or 7,929 shares. Silvercrest Asset Mgmt Group Inc Ltd Co holds 0.26% or 599,344 shares in its portfolio. Hcsf Management Ltd Liability Com has invested 11.39% in McGrath RentCorp (NASDAQ:MGRC). Bnp Paribas Arbitrage Sa reported 27,727 shares. Dimensional Fund Advsrs Ltd Partnership holds 1.81M shares or 0.04% of its portfolio.

McGrath RentCorp, a business to business rental company, rents and sells relocatable modular buildings, electronic test equipment, and liquid and solid containment tanks and boxes in the United States and internationally. The company has market cap of $1.36 billion. It operates through four divisions: Mobile Modular, TRS-RenTelco, Adler Tanks, and Enviroplex. It has a 8.94 P/E ratio. The Mobile Modular segment rents and sells modular buildings designed for use as classrooms, temporary offices adjacent to existing facilities, sales offices, construction field offices, restroom buildings, health care clinics, child care facilities, office space, and various other purposes; and portable storage containers.

Since March 1, 2018, it had 0 buys, and 11 selling transactions for $2.18 million activity. Whitney David M sold $147,775 worth of stock. The insider PRATT KEITH E sold $100,145. Hawkins Philip B also sold $396,460 worth of McGrath RentCorp (NASDAQ:MGRC) on Wednesday, March 7. VAN TREASE KRISTINA also sold $273,091 worth of McGrath RentCorp (NASDAQ:MGRC) on Monday, March 12. Another trade for 1,947 shares valued at $98,214 was made by ZECH RONALD H on Tuesday, March 6. Skenesky John P also sold $217,444 worth of McGrath RentCorp (NASDAQ:MGRC) on Monday, March 5. 2,500 shares were sold by Dashner Kay, worth $128,500 on Thursday, March 8.

Algonquin Power & Utilities Corp., through its subsidiaries, engages in the generation, transmission, and distribution of utility assets in North America. The company has market cap of $4.18 billion. The firm generates and sells electrical energy through a portfolio of non-regulated renewable and clean energy power generation facilities. It has a 41.11 P/E ratio. It owns or has interests in hydroelectric facilities with a combined generating capacity of approximately 120 megawatts ; wind powered generating facilities with a combined generating capacity of 1,050 MW; and solar energy facilities with a combined generating capacity of 40 MW, as well as interests in thermal energy facilities with a combined generating capacity of 335 MW.

McGrath RentCorp (NASDAQ:MGRC) Institutional Positions Chart

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