WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Given Average Rating of “Moderate Buy” by Analysts

WillScot Mobile Mini Holdings Corp. (NASDAQ:WSCGet Free Report) has been given a consensus recommendation of “Moderate Buy” by the eleven brokerages that are currently covering the firm, MarketBeat Ratings reports. Five analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $45.50.

A number of equities research analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft lowered shares of WillScot Mobile Mini from a “buy” rating to a “hold” rating and lowered their price target for the company from $46.00 to $35.00 in a report on Thursday, October 31st. Barclays lowered 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 note on Friday, November 1st. Morgan Stanley upgraded WillScot Mobile Mini from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $40.00 to $50.00 in a research note on Tuesday, December 17th. Robert W. Baird dropped their price objective on WillScot Mobile Mini from $42.00 to $38.00 and set a “neutral” rating on the stock in a report on Thursday, October 31st. Finally, Baird R W cut WillScot Mobile Mini from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 24th.

Check Out Our Latest Stock Analysis on WillScot Mobile Mini

Insider Buying and Selling at WillScot Mobile Mini

In other WillScot Mobile Mini news, CAO Sally J. Shanks sold 14,059 shares of the stock in a transaction on Monday, November 18th. The stock was sold at an average price of $34.69, for a total value of $487,706.71. Following the sale, the chief accounting officer now directly owns 26,113 shares of the company’s stock, valued at $905,859.97. This trade represents a 35.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Graeme Parkes sold 2,900 shares of the business’s stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $37.01, for a total transaction of $107,329.00. Following the transaction, the insider now directly owns 72,818 shares of the company’s stock, valued at approximately $2,694,994.18. This trade represents a 3.83 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders acquired 15,000 shares of company stock worth $533,900 and sold 36,959 shares worth $1,382,636. 3.30% of the stock is owned by insiders.

Institutional Trading of WillScot Mobile Mini

Large investors have recently modified their holdings of the company. Buck Wealth Strategies LLC boosted its stake in WillScot Mobile Mini by 39.6% during the 4th quarter. Buck Wealth Strategies LLC now owns 107,307 shares of the company’s stock valued at $3,589,000 after purchasing an additional 30,450 shares during the period. Osborne Partners Capital Management LLC raised its holdings in shares of WillScot Mobile Mini by 94.0% during the fourth quarter. Osborne Partners Capital Management LLC now owns 311,285 shares of the company’s stock valued at $10,412,000 after buying an additional 150,818 shares during the last quarter. Swedbank AB boosted its position in shares of WillScot Mobile Mini by 3.0% during the fourth quarter. Swedbank AB now owns 3,324,000 shares of the company’s stock worth $111,188,000 after buying an additional 98,000 shares during the period. Hantz Financial Services Inc. grew its holdings in WillScot Mobile Mini by 37.8% in the 4th quarter. Hantz Financial Services Inc. now owns 98,286 shares of the company’s stock worth $3,288,000 after buying an additional 26,964 shares in the last quarter. Finally, KBC Group NV grew its holdings in WillScot Mobile Mini by 53.7% in the 4th quarter. KBC Group NV now owns 7,854 shares of the company’s stock worth $263,000 after buying an additional 2,744 shares in the last quarter. Institutional investors and hedge funds own 95.81% of the company’s stock.

WillScot Mobile Mini Stock Down 1.8 %

Shares of NASDAQ WSC opened at $38.17 on Thursday. The stock has a fifty day moving average price of $35.95 and a 200 day moving average price of $37.27. The company has a market cap of $7.05 billion, a P/E ratio of 347.03, a P/E/G ratio of 2.04 and a beta of 1.40. WillScot Mobile Mini has a 12-month low of $32.57 and a 12-month high of $52.16. The company has a current ratio of 0.90, a quick ratio of 0.82 and a debt-to-equity ratio of 3.42.

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

WillScot Mobile Mini Company Profile

(Get Free Report

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.

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Analyst Recommendations for WillScot Mobile Mini (NASDAQ:WSC)

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