WillScot Mobile Mini (NASDAQ:WSC) Announces Quarterly Earnings Results, Beats Expectations By $0.01 EPS

WillScot Mobile Mini (NASDAQ:WSC - Get Free Report) released its quarterly earnings results on Thursday. The company reported $0.49 earnings per share for the quarter, beating analysts' consensus estimates of $0.48 by $0.01, Zacks reports. The business had revenue of $602.52 million during the quarter, compared to analyst estimates of $606.55 million. WillScot Mobile Mini had a net margin of 1.17% and a return on equity of 24.67%. WillScot Mobile Mini updated its FY 2025 guidance to EPS.

WillScot Mobile Mini Stock Performance

Shares of NASDAQ WSC traded down $0.48 during midday trading on Monday, hitting $34.79. The company's stock had a trading volume of 709,165 shares, compared to its average volume of 2,211,400. WillScot Mobile Mini has a 1-year low of $32.57 and a 1-year high of $48.52. The firm's fifty day moving average price is $35.97 and its 200-day moving average price is $36.97. The company has a debt-to-equity ratio of 3.42, a quick ratio of 0.82 and a current ratio of 0.90. The firm has a market cap of $6.43 billion, a P/E ratio of 231.32, a P/E/G ratio of 2.18 and a beta of 1.41.

WillScot Mobile Mini Dividend Announcement

The firm also recently declared a -- dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Wednesday, March 5th will be issued a $0.07 dividend. The ex-dividend date is Wednesday, March 5th. WillScot Mobile Mini's dividend payout ratio (DPR) is presently 186.67%.

Analyst Upgrades and Downgrades

WSC has been the subject of a number of recent analyst reports. 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. Morgan Stanley raised shares of WillScot Mobile Mini from an "equal weight" rating to an "overweight" rating and raised their price target for the company from $40.00 to $50.00 in a report on Tuesday, December 17th. Barclays lowered their price target on shares of WillScot Mobile Mini from $44.00 to $40.00 and set an "equal weight" rating for the company in a report on Friday, November 1st. Finally, Robert W. Baird decreased their price objective on shares of WillScot Mobile Mini from $42.00 to $38.00 and set a "neutral" rating for the company in a report on Thursday, October 31st. Five analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $44.22.

Insider Activity

In other news, insider Graeme Parkes sold 2,900 shares of WillScot Mobile Mini stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $37.01, for a total value of $107,329.00. Following the completion of the transaction, the insider now directly owns 72,818 shares of the company's stock, valued at approximately $2,694,994.18. The trade was a 3.83 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Company insiders own 3.30% of the company's stock.

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.