WillScot Mobile Mini (WSC) Scheduled to Post Earnings on Wednesday

WillScot Mobile Mini (NASDAQ:WSC - Get Free Report) is scheduled to announce its earnings results after the market closes on Wednesday, October 30th. Analysts expect the company to announce earnings of $0.48 per share for the quarter. WillScot Mobile Mini has set its FY 2024 guidance at EPS.Individual interested in registering for the company's earnings conference call can do so using this link.

WillScot Mobile Mini (NASDAQ:WSC - Get Free Report) last announced its quarterly earnings data on Thursday, August 1st. The company reported $0.39 EPS for the quarter, missing the consensus estimate of $0.40 by ($0.01). The firm had revenue of $604.59 million for the quarter, compared to analysts' expectations of $614.85 million. WillScot Mobile Mini had a net margin of 7.77% and a return on equity of 24.27%. The business's quarterly revenue was up 3.9% compared to the same quarter last year. During the same period in the prior year, the business posted $0.43 EPS. On average, analysts expect WillScot Mobile Mini to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

WillScot Mobile Mini Stock Down 0.9 %

Shares of NASDAQ:WSC traded down $0.36 during midday trading on Wednesday, reaching $37.83. The company's stock had a trading volume of 1,670,642 shares, compared to its average volume of 2,069,388. WillScot Mobile Mini has a 12-month low of $33.23 and a 12-month high of $52.16. The firm has a market capitalization of $7.19 billion, a P/E ratio of 23.35, a PEG ratio of 1.20 and a beta of 1.35. The firm has a 50 day moving average of $37.89 and a 200-day moving average of $38.45. The company has a quick ratio of 0.83, a current ratio of 0.91 and a debt-to-equity ratio of 2.88.

Insider Activity

In other WillScot Mobile Mini news, CEO Bradley Lee Soultz bought 5,000 shares of the business's stock in a transaction that occurred on Wednesday, September 18th. The stock was bought at an average cost of $38.97 per share, for a total transaction of $194,850.00. Following the completion of the transaction, the chief executive officer now owns 149,686 shares of the company's stock, valued at $5,833,263.42. This represents a 0.00 % increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 3.30% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on WSC shares. Oppenheimer decreased their target price on shares of WillScot Mobile Mini from $53.00 to $46.00 and set an "outperform" rating for the company in a research note on Friday, August 2nd. Bank of America cut their target price on WillScot Mobile Mini from $56.00 to $54.00 and set a "buy" rating on the stock in a research note on Friday, August 2nd. DA Davidson lowered their price target 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. Stifel Nicolaus decreased their target price on shares of WillScot Mobile Mini from $48.00 to $46.00 and set a "buy" rating for the company in a report on Friday, August 2nd. Finally, Barclays cut shares of WillScot Mobile Mini from an "overweight" rating to an "equal weight" rating and cut their price target for the company from $50.00 to $44.00 in a report on Thursday, September 19th. Three research analysts have rated the stock with a hold rating and seven have issued a buy rating to the stock. According to MarketBeat, WillScot Mobile Mini presently has a consensus rating of "Moderate Buy" and a consensus price target of $47.90.

WillScot Mobile Mini Company Profile

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.