WillScot Mobile Mini (WSC) to Release Quarterly Earnings on Thursday

WillScot Mobile Mini (NASDAQ:WSC - Get Free Report) is projected to release its earnings data after the market closes on Thursday, February 20th. Analysts expect WillScot Mobile Mini to post earnings of $0.48 per share and revenue of $606.55 million for the quarter. Persons that are interested in participating in the company's earnings conference call can do so using this link.

WillScot Mobile Mini Trading Down 0.7 %

Shares of WSC stock traded down $0.25 during trading on Friday, hitting $38.02. 1,314,848 shares of the stock traded hands, compared to its average volume of 2,104,608. The firm has a market capitalization of $7.02 billion, a P/E ratio of 345.67, a price-to-earnings-growth ratio of 1.93 and a beta of 1.41. The company has a debt-to-equity ratio of 3.42, a current ratio of 0.90 and a quick ratio of 0.82. The firm's fifty day moving average price is $35.86 and its 200-day moving average price is $36.97. WillScot Mobile Mini has a 52-week low of $32.57 and a 52-week high of $50.81.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the stock. Robert W. Baird dropped their target price 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. Deutsche Bank Aktiengesellschaft downgraded shares of WillScot Mobile Mini from a "buy" rating to a "hold" rating and dropped their price target for the stock from $46.00 to $35.00 in a research note on Thursday, October 31st. Barclays lowered their target price on shares of 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 shares of WillScot Mobile Mini from an "equal weight" rating to an "overweight" rating and boosted their target price for the stock from $40.00 to $50.00 in a research note on Tuesday, December 17th. Finally, Baird R W downgraded shares of WillScot Mobile Mini from a "strong-buy" rating to a "hold" rating in a research note on Thursday, October 24th. Five analysts have rated the stock with a hold rating and six have issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $45.50.

Insider Buying and Selling

In related news, CAO Sally J. Shanks sold 14,059 shares of the company's stock in a transaction that occurred on Monday, November 18th. The shares were sold at an average price of $34.69, for a total transaction of $487,706.71. Following the transaction, the chief accounting officer now owns 26,113 shares of the company's stock, valued at approximately $905,859.97. This represents a 35.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Graeme Parkes sold 2,900 shares of the company's stock in a transaction that occurred 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 in the company, valued at $2,694,994.18. The trade was a 3.83 % decrease in their position. The disclosure for this sale can be found here. 3.30% of the stock is currently owned by corporate insiders.

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.