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

WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) has been given a consensus recommendation of “Moderate Buy” by the ten research firms that are covering the firm, MarketBeat.com reports. Three investment analysts have rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is $47.90.

A number of analysts have recently weighed in on the stock. Barclays downgraded shares of WillScot Mobile Mini from an “overweight” rating to an “equal weight” rating and reduced their target price for the stock from $50.00 to $44.00 in a report on Thursday, September 19th. Stifel Nicolaus decreased their price objective on WillScot Mobile Mini from $48.00 to $46.00 and set a “buy” rating on the stock in a research report on Friday, August 2nd. Oppenheimer dropped their target price on WillScot Mobile Mini from $53.00 to $46.00 and set an “outperform” rating for the company in a report on Friday, August 2nd. DA Davidson decreased their price target on WillScot Mobile Mini from $54.00 to $47.00 and set a “buy” rating on the stock in a report on Monday, August 5th. Finally, Bank of America cut their price objective on shares of WillScot Mobile Mini from $56.00 to $54.00 and set a “buy” rating on the stock in a research report on Friday, August 2nd.

WillScot Mobile Mini Price Performance

Shares of WillScot Mobile Mini stock opened at $37.69 on Tuesday. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 2.88. WillScot Mobile Mini has a 52 week low of $33.23 and a 52 week high of $52.16. The stock’s 50-day simple moving average is $37.76 and its 200-day simple moving average is $38.49. The company has a market capitalization of $7.17 billion, a price-to-earnings ratio of 23.27, a PEG ratio of 1.20 and a beta of 1.35.

WillScot Mobile Mini (NASDAQ:WSC) last issued its earnings results on Thursday, August 1st. The company reported $0.39 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.40 by ($0.01). The firm had revenue of $604.59 million during the quarter, compared to the consensus estimate of $614.85 million. WillScot Mobile Mini had a return on equity of 24.27% and a net margin of 7.77%. The company’s revenue for the quarter was up 3.9% compared to the same quarter last year. During the same period last year, the firm posted $0.43 earnings per share. As a group, analysts expect that WillScot Mobile Mini will post 1.76 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CEO Bradley Lee Soultz acquired 5,000 shares of the stock in a transaction on Wednesday, September 18th. The stock was bought at an average cost of $38.97 per share, with a total value of $194,850.00. Following the transaction, the chief executive officer now directly owns 149,686 shares in the company, valued at approximately $5,833,263.42. This represents a 0.00 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. 3.30% of the stock is currently owned by insiders.

Institutional Investors Weigh In On WillScot Mobile Mini

A number of institutional investors and hedge funds have recently bought and sold shares of WSC. V Square Quantitative Management LLC bought a new stake in shares of WillScot Mobile Mini in the 3rd quarter valued at about $25,000. Hexagon Capital Partners LLC lifted its holdings in WillScot Mobile Mini by 200.0% during the third quarter. Hexagon Capital Partners LLC now owns 900 shares of the company’s stock worth $34,000 after buying an additional 600 shares during the period. Quarry LP bought a new stake in WillScot Mobile Mini during the 4th quarter valued at $38,000. Fidelis Capital Partners LLC purchased a new position in shares of WillScot Mobile Mini in the 1st quarter valued at $55,000. Finally, Summit Securities Group LLC purchased a new position in shares of WillScot Mobile Mini in the 2nd quarter valued at $56,000. 95.81% of the stock is owned by institutional investors.

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.