Communications Systems, Inc. (JCS) At $3.49 Forms Bottom; Last Week McGrath Rentcorp (MGRC) Analysts

February 12, 2018 - By rebbecca

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

Communications Systems, Inc. (JCS) formed multiple bottom with $3.35 target or 4.00% below today’s $3.49 share price. Communications Systems, Inc. (JCS) has $31.30M valuation. The stock increased 0.29% or $0.01 during the last trading session, reaching $3.49. About 171 shares traded. Communications Systems, Inc. (NASDAQ:JCS) has declined 33.81% since February 12, 2017 and is downtrending. It has underperformed by 50.51% the S&P500.

Investors sentiment decreased to 0.77 in Q3 2017. Its down 0.61, from 1.38 in 2017Q2. It dived, as 2 investors sold Communications Systems, Inc. shares while 11 reduced holdings. 5 funds opened positions while 5 raised stakes. 2.86 million shares or 1.01% more from 2.83 million shares in 2017Q2 were reported. Bremer Tru Association holds 0.02% of its portfolio in Communications Systems, Inc. (NASDAQ:JCS) for 16,150 shares. New York-based Tower Cap (Trc) has invested 0% in Communications Systems, Inc. (NASDAQ:JCS). Morgan Stanley has 1,531 shares. Schwab Charles Invest holds 0% in Communications Systems, Inc. (NASDAQ:JCS) or 53,328 shares. Geode Mngmt Lc holds 0% or 26,732 shares in its portfolio. Moreover, Accredited has 0.01% invested in Communications Systems, Inc. (NASDAQ:JCS) for 12,130 shares. Moreover, Macquarie Group Inc Limited has 0% invested in Communications Systems, Inc. (NASDAQ:JCS) for 27,903 shares. Vanguard Gp Inc invested in 0% or 161,043 shares. Royal Bank Of Canada owns 11,327 shares. Gabelli Funds Ltd Liability invested in 391,000 shares. Nationwide Fund Advsr has 2,369 shares. Dimensional Fund Advsrs Lp, a Texas-based fund reported 533,715 shares. Blackrock invested in 0% or 129,388 shares. Renaissance Techs Limited Liability, New York-based fund reported 395,200 shares. Bridgeway Capital invested 0.01% of its portfolio in Communications Systems, Inc. (NASDAQ:JCS).

Analysts await Communications Systems, Inc. (NASDAQ:JCS) to report earnings on March, 6. They expect $-0.02 EPS, up 90.48% or $0.19 from last year’s $-0.21 per share. After $-0.50 actual EPS reported by Communications Systems, Inc. for the previous quarter, Wall Street now forecasts -96.00% EPS growth.

Investors sentiment decreased to 1.17 in Q3 2017. Its down 0.11, from 1.28 in 2017Q2. It turned negative, as 10 investors sold McGrath Rentcorp shares while 37 reduced holdings. 22 funds opened positions while 33 raised stakes. 19.48 million shares or 0.23% more from 19.43 million shares in 2017Q2 were reported. D E Shaw And invested 0% in McGrath Rentcorp (NASDAQ:MGRC). California State Teachers Retirement System reported 37,505 shares. Matarin Cap holds 0.38% or 102,097 shares. Bridgeway Cap Mgmt reported 176,300 shares. Deutsche Bank & Trust Ag stated it has 0% in McGrath Rentcorp (NASDAQ:MGRC). Numeric Investors Ltd Llc accumulated 143,761 shares. National Bank & Trust Of New York Mellon reported 454,374 shares. Mufg Americas invested in 0% or 482 shares. Wells Fargo Mn holds 0% or 34,290 shares in its portfolio. Vanguard Grp Incorporated Inc has invested 0% in McGrath Rentcorp (NASDAQ:MGRC). Great West Life Assurance Can accumulated 0% or 2,236 shares. Art Ltd Limited Liability Company accumulated 5,652 shares. Tower Research Capital Ltd (Trc) stated it has 0.01% of its portfolio in McGrath Rentcorp (NASDAQ:MGRC). 422,100 were reported by Skyline Asset Lp. Bessemer owns 35,967 shares.

The stock decreased 1.45% or $0.68 during the last trading session, reaching $45.97. About 9,805 shares traded. McGrath Rentcorp (NASDAQ:MGRC) has risen 25.54% since February 12, 2017 and is uptrending. It has outperformed by 8.84% the S&P500.

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 $1.11 billion. It operates through four divisions: Mobile Modular, TRS-RenTelco, Adler Tanks, and Enviroplex. It has a 24.07 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 August 31, 2017, it had 0 buys, and 6 sales for $530,614 activity. Another trade for 3,400 shares valued at $134,684 was made by Whitney David M on Thursday, September 7. PRATT KEITH E sold $78,176 worth of stock. 1,043 shares were sold by VAN TREASE KRISTINA, worth $41,535 on Friday, September 1. 2,500 shares valued at $100,000 were sold by Dashner Kay on Thursday, August 31.