WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Receives Consensus Recommendation of "Hold" from Brokerages

Shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC - Get Free Report) have been assigned a consensus recommendation of "Hold" from the eleven ratings firms that are presently covering the stock, Marketbeat.com reports. Six analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $45.00.

A number of equities research analysts have recently weighed in on WSC shares. Deutsche Bank Aktiengesellschaft cut WillScot Mobile Mini from a "buy" rating to a "hold" rating and cut their price target for the company from $46.00 to $35.00 in a report on Thursday, October 31st. Stifel Nicolaus decreased their price target on WillScot Mobile Mini from $48.00 to $46.00 and set a "buy" rating for the company in a research note on Friday, August 2nd. Baird R W downgraded shares of WillScot Mobile Mini from a "strong-buy" rating to a "hold" rating in a report on Thursday, October 24th. DA Davidson lowered their target price on shares of WillScot Mobile Mini from $54.00 to $47.00 and set a "buy" rating on the stock in a research note on Monday, August 5th. Finally, Oppenheimer reduced their price target 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.

Insider Buying and Selling at WillScot Mobile Mini

In other news, CEO Bradley Lee Soultz bought 5,000 shares of the company's stock in a transaction dated Monday, November 4th. The shares were acquired at an average cost of $36.38 per share, with a total value of $181,900.00. Following the completion of the transaction, the chief executive officer now directly owns 144,686 shares in the company, valued at approximately $5,263,676.68. The trade was a 0.00 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 3.30% of the company's stock.

Institutional Trading of WillScot Mobile Mini

Several hedge funds and other institutional investors have recently modified their holdings of WSC. Norden Group LLC boosted its holdings in shares of WillScot Mobile Mini by 51.4% during the first quarter. Norden Group LLC now owns 8,579 shares of the company's stock worth $399,000 after purchasing an additional 2,911 shares during the period. Envestnet Portfolio Solutions Inc. lifted its position in WillScot Mobile Mini by 7.4% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 18,821 shares of the company's stock worth $875,000 after buying an additional 1,293 shares in the last quarter. PFG Advisors boosted its stake in shares of WillScot Mobile Mini by 28.5% during the 1st quarter. PFG Advisors now owns 5,953 shares of the company's stock valued at $277,000 after buying an additional 1,320 shares during the period. Oppenheimer & Co. Inc. grew its holdings in shares of WillScot Mobile Mini by 15.1% during the 1st quarter. Oppenheimer & Co. Inc. now owns 6,282 shares of the company's stock valued at $292,000 after acquiring an additional 825 shares in the last quarter. Finally, Sei Investments Co. increased its stake in shares of WillScot Mobile Mini by 74.4% in the first quarter. Sei Investments Co. now owns 640,720 shares of the company's stock worth $29,793,000 after acquiring an additional 273,431 shares during the last quarter. Institutional investors and hedge funds own 95.81% of the company's stock.

WillScot Mobile Mini Stock Down 1.2 %

Shares of WSC stock traded down $0.49 during mid-day trading on Friday, reaching $39.19. 4,405,740 shares of the company were exchanged, compared to its average volume of 2,258,420. The business's 50 day simple moving average is $37.98 and its 200 day simple moving average is $38.27. The company has a market capitalization of $7.24 billion, a P/E ratio of 356.27, a P/E/G ratio of 2.41 and a beta of 1.37. WillScot Mobile Mini has a fifty-two week low of $32.71 and a fifty-two week high of $52.16. The company has a debt-to-equity ratio of 3.42, a quick ratio of 0.82 and a current ratio of 0.90.

WillScot Mobile Mini (NASDAQ:WSC - Get Free Report) last announced 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). The firm had revenue of $601.43 million for the quarter, compared to analyst estimates 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 revenue was down .6% compared to the same quarter last year. During the same period last year, the firm posted $0.46 EPS. Research analysts predict that WillScot Mobile Mini will post 1.53 earnings per share for the current year.

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.