This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

3 Stocks Hitting 52-Week Highs: PBY, MGRC, RGR

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

McGrath RentCorp

McGrath RentCorp is a business-to-business rental company..

"We believe strength in MGRC's non-legacy businesses should result in earnings performance that likely exceeds our and consensus estimate of $0.43," KeyBanc Capital Markets analysts wrote in a Jan. 23 report. "Further, we believe its Adler Tanks business should remain solid in 2012 and act as the primary earnings driver. Although we believe management is likely to take a conservative approach relative to 2012 EPS guidance, we expect the range to at least bracket and more likely exceed current consensus of $2.03."

The company is scheduled to report fourth-quarter earnings on Feb. 22. Analysts, on average, expect profit of 43 cents a share on $83.25 million in revenue.

Shares of McGrath hit a 52-week high on Monday of $31.88. The stock's 52-week low of $21.61 was reached on Sept. 6.

McGrath RentCorp gets an A grade from TheStreet Ratings with a buy rating and a $36.08 price target. The stock has increased 9.52% year to date.






Sturm Ruger

Sturm Ruger makes firearms.

"We believe RGR has been spot on in recent years, with respect to being early to several key categories and being able to execute well in the wake of developing industry leading manufacturing efficiency," KeyBanc Capital Markets analyst wrote in a report on Jan. 19. "RGR products also continue to take share in several categories, specifically in concealed carry. In our view, capacity expansion has been a focus of management during 2011 and we expect to see more capacity coming on line during 2012."

The company is scheduled to report fourth-quarter earnings on Feb. 20. Analysts, on average, expect profit of 46 cents a share on revenue of $81.56 million.

Shares of Sturm Ruger hit a 52-week high of $40.25 on Monday. The stock's 52-week low of $14.79 was set on Jan. 31.

TheStreet Ratings gives Sturm Ruger an A+ grade with a buy rating and price target of $51.36. The stock has risen 18.95% year to date.

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

-- Written by Alexandra Zendrian



>To contact the writer of this article, click here: Alexandra Zendrian

>To submit a news tip, send an email to: tips@thestreet.com.

>To follow the writer on Twitter, go to Alexandra Zendrian.

2 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
MGRC $33.71 0.00%
PBY $8.60 0.00%
RGR $54.46 0.00%
AAPL $124.75 0.00%
FB $80.78 0.00%

Markets

DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs