WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Given Average Recommendation of “Hold” by Analysts

Shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) have been assigned a consensus recommendation of “Hold” from the eleven analysts that are currently covering the firm, Marketbeat reports. Six analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $45.00.

A number of equities analysts have weighed in on the company. Robert W. Baird decreased their target price on WillScot Mobile Mini from $42.00 to $38.00 and set a “neutral” rating for the company in a research report on Thursday, October 31st. DA Davidson decreased their target price on WillScot Mobile Mini from $54.00 to $47.00 and set a “buy” rating for the company in a research report on Monday, August 5th. Oppenheimer decreased their target price on WillScot Mobile Mini from $53.00 to $46.00 and set an “outperform” rating for the company in a research report on Friday, August 2nd. Barclays decreased their target price on WillScot Mobile Mini from $44.00 to $40.00 and set an “equal weight” rating for the company in a research report on Friday, November 1st. Finally, Bank of America cut their price target on WillScot Mobile Mini from $56.00 to $54.00 and set a “buy” rating for the company in a research note on Friday, August 2nd.

Insider Buying and Selling

In related news, EVP Hezron T. Lopez sold 20,000 shares of the stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $39.38, for a total value of $787,600.00. Following the completion of the sale, the executive vice president now directly owns 57,918 shares of the company’s stock, valued at approximately $2,280,810.84. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In related news, EVP Hezron T. Lopez sold 20,000 shares of the stock in a transaction that occurred on Friday, November 8th. The shares were sold at an average price of $39.38, for a total value of $787,600.00. Following the completion of the sale, the executive vice president now directly owns 57,918 shares of the company’s stock, valued at approximately $2,280,810.84. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Bradley Lee Soultz bought 5,000 shares of WillScot Mobile Mini stock in a transaction that occurred on Wednesday, September 18th. The stock was purchased at an average cost of $38.97 per share, with a total value of $194,850.00. Following the completion of the acquisition, the chief executive officer now directly owns 149,686 shares in the company, valued at $5,833,263.42. This represents a 0.00 % increase in their position. The disclosure for this purchase can be found here. 3.30% of the stock is currently owned by insiders.

Institutional Investors Weigh In On WillScot Mobile Mini

Institutional investors have recently added to or reduced their stakes in the stock. V Square Quantitative Management LLC purchased a new stake in WillScot Mobile Mini during the 3rd quarter valued at approximately $25,000. Hexagon Capital Partners LLC grew its holdings in WillScot Mobile Mini by 200.0% during the 3rd quarter. Hexagon Capital Partners LLC now owns 900 shares of the company’s stock valued at $34,000 after buying an additional 600 shares in the last quarter. Financial Management Professionals Inc. purchased a new stake in WillScot Mobile Mini during the 3rd quarter valued at approximately $36,000. Summit Securities Group LLC purchased a new stake in WillScot Mobile Mini during the 2nd quarter valued at approximately $56,000. Finally, CWM LLC grew its holdings in WillScot Mobile Mini by 80.3% during the 2nd quarter. CWM LLC now owns 1,635 shares of the company’s stock valued at $62,000 after buying an additional 728 shares in the last quarter. 95.81% of the stock is owned by hedge funds and other institutional investors.

WillScot Mobile Mini Price Performance

WSC opened at $36.96 on Friday. The stock has a 50-day moving average price of $37.98 and a 200-day moving average price of $38.27. The company has a debt-to-equity ratio of 3.42, a current ratio of 0.90 and a quick ratio of 0.82. The firm has a market cap of $6.83 billion, a PE ratio of 336.00, a P/E/G ratio of 2.28 and a beta of 1.37. WillScot Mobile Mini has a 1 year low of $32.71 and a 1 year high of $52.16.

WillScot Mobile Mini (NASDAQ:WSC) last posted its quarterly earnings results on Wednesday, October 30th. The company reported $0.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.48 by ($0.10). WillScot Mobile Mini had a return on equity of 23.97% and a net margin of 1.05%. The company had revenue of $601.43 million during the quarter, compared to analysts’ expectations of $617.83 million. During the same period in the prior year, the firm earned $0.46 EPS. WillScot Mobile Mini’s revenue for the quarter was down .6% compared to the same quarter last year. Sell-side analysts predict that WillScot Mobile Mini will post 1.53 earnings per share for the current fiscal year.

About WillScot Mobile Mini

WillScot Holdings Corporation provides workspace and portable storage solutions in the United States, Canada, and Mexico. It operates in two segments, Modular Solutions and Storage Solutions. Its modular solutions include panelized and stackable offices, single-wide modular space units, section modulars and redi-plex, classrooms, ground level offices, blast-resistant modules, clearspan structures, and other modular space; and portable storage solutions, such as portable and cold storage containers, as well as trailers.