Libbey Inc. designs, produces, and sells tableware and other products worldwide. The company has market cap of $133.64 million. It offers glass tableware products, including tumblers, stemware, mugs, bowls, vases, salt and pepper shakers, shot glasses, canisters, candleholders, and other items; storage ware; serve ware; bakeware; handmade glass tableware; and other components for original equipment manufacturers, such as blender jars, mixing bowls, and washing machine windows. It currently has negative earnings. The firm also provides ceramic dinnerware products comprising plates, bowls, platters, cups, saucers, and other tabletop accessories; metal flatware consisting of knives, forks, spoons, and serving utensils; and metal hollowware, which consists of serving trays, pitchers, and other metal tabletop accessories.
Analysts expect McGrath Rentcorp (NASDAQ:MGRC) to report $0.55 EPS on February, 27.They anticipate $0.15 EPS change or 37.50% from last quarter’s $0.4 EPS. MGRC’s profit would be $13.22 million giving it 21.77 P/E if the $0.55 EPS is correct. After having $0.69 EPS previously, McGrath Rentcorp’s analysts see -20.29% EPS growth. The stock increased 0.17% or $0.08 during the last trading session, reaching $47.9. About 34,475 shares traded. McGrath Rentcorp (NASDAQ:MGRC) has risen 25.54% since February 17, 2017 and is uptrending. It has outperformed by 8.84% 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. On Thursday, August 3 the stock rating was maintained by Oppenheimer with “Hold”. The stock has “Buy” rating by Sidoti on Wednesday, September 14. The rating was downgraded by KeyBanc Capital Markets on Wednesday, November 4 to “Sector Weight”. On Friday, January 8 the stock rating was upgraded by Sidoti to “Buy”.
Investors sentiment decreased to 1.17 in Q3 2017. Its down 0.11, from 1.28 in 2017Q2. It is 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. 71,187 are owned by Comerica National Bank & Trust. Great West Life Assurance Can invested 0% in McGrath Rentcorp (NASDAQ:MGRC). Century Companies Incorporated accumulated 59,780 shares. Wealth Architects Limited Liability reported 0.3% in McGrath Rentcorp (NASDAQ:MGRC). Franklin Resources has invested 0.03% in McGrath Rentcorp (NASDAQ:MGRC). Alliancebernstein Lp invested 0% in McGrath Rentcorp (NASDAQ:MGRC). North Star Inv Management reported 0.14% in McGrath Rentcorp (NASDAQ:MGRC). Morgan Stanley reported 80,906 shares. The New York-based Silvercrest Asset Management Limited Co has invested 0.26% in McGrath Rentcorp (NASDAQ:MGRC). Assoc accumulated 7,000 shares. Nationwide Fund Advsr holds 0.01% of its portfolio in McGrath Rentcorp (NASDAQ:MGRC) for 38,346 shares. Mondrian Inv Limited invested in 69,139 shares or 0.08% of the stock. Da Davidson invested in 0.01% or 13,350 shares. Strs Ohio holds 0% in McGrath Rentcorp (NASDAQ:MGRC) or 20,600 shares. Swiss Retail Bank reported 0% of its portfolio in McGrath Rentcorp (NASDAQ:MGRC).
Since August 31, 2017, it had 0 insider buys, and 6 selling transactions for $530,614 activity. Another trade for 2,500 shares valued at $100,000 was sold by Dashner Kay. Whitney David M also sold $41,535 worth of McGrath Rentcorp (NASDAQ:MGRC) shares. Shares for $78,176 were sold by PRATT KEITH E. VAN TREASE KRISTINA sold $134,684 worth of stock.
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 $1.15 billion. It operates through four divisions: Mobile Modular, TRS-RenTelco, Adler Tanks, and Enviroplex. It has a 25.08 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.
Spitfire Capital Llc holds 3.71% of its portfolio in Libbey Inc. for 961,437 shares. Sterneck Capital Management Llc owns 324,663 shares or 1.72% of their US portfolio. Moreover, Wynnefield Capital Inc has 1.23% invested in the company for 372,180 shares. The Massachusetts-based Rutabaga Capital Management Llc Ma has invested 0.78% in the stock. Brigade Capital Management Lp, a New York-based fund reported 990,000 shares.
The stock decreased 1.30% or $0.08 during the last trading session, reaching $6.07. About 88,106 shares traded. Libbey Inc. (LBY) has declined 48.72% since February 17, 2017 and is downtrending. It has underperformed by 65.42% the S&P500.