The stock of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) last traded at $46.61, up 0.78% from the previous session.
Data from the available sources indicates that WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) is covered by 10 analysts. The consensus rating among analysts is ‘Buy’. As we calculate the median target price by taking the range between a high of $57.00 and a low of $51.00, we find $55.00. Given the previous closing price of $46.25, this indicates a potential upside of 18.92 percent. WSC stock price is now 4.66% away from the 50-day moving average and 19.36% away from the 200-day moving average. The market capitalization of the company currently stands at $9.83B.
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In total, 0 analysts have assigned it a hold rating, and 8 have given it a buy rating. Brokers who have rated the stock have averaged $54.27 as their price target over the next twelve months.
With the price target of $49, Deutsche Bank recently initiated with Buy rating for WillScot Mobile Mini Holdings Corp. (NASDAQ: WSC). On March 02, 2022, Barclays Upgraded its previous ‘Equal Weight’ rating to ‘Overweight’ on the stock increasing its target price from $40 to quote $50, while ‘Robert W. Baird’ rates the stock as ‘Outperform’.
In other news, Soultz Bradley Lee, Chief Executive Officer bought 5,000 shares of the company’s stock on Nov 07. The stock was bought for $234,400 at an average price of $46.88. Upon completion of the transaction, the Chief Executive Officer now directly owns 431,683 shares in the company, valued at $20.12 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 07, Director SAGANSKY JEFFREY sold 50,000 shares of the business’s stock. A total of $2,306,665 was realized by selling the stock at an average price of $46.13. This leaves the insider owning 2,595,712 shares of the company worth $120.99 million. Insiders disposed of 905,816 shares of company stock worth roughly $42.22 million over the past 1 year. A total of 1.80% of the company’s stock is owned by insiders.
There have been several recent changes in the stakes of large investors in WSC stock. A new stake in WillScot Mobile Mini Holdings Corp. shares was purchased by T. ROWE PRICE INVESTMENT MANAGEMENT, INC. during the first quarter worth $41,688,000. LISANTI CAPITAL GROWTH, LLC invested $15,719,000 in shares of WSC during the first quarter. In the first quarter, NORWOOD INVESTMENT PARTNERS, LP acquired a new stake in WillScot Mobile Mini Holdings Corp. valued at approximately $14,697,000. THORNBURG INVESTMENT MANAGEMENT INC acquired a new stake in WSC for approximately $8,352,000. VOLORIDGE INVESTMENT MANAGEMENT, LLC purchased a new stake in WSC valued at around $7,414,000 in the second quarter.
With an opening price of $46.47 on Monday morning, WillScot Mobile Mini Holdings Corp. (NASDAQ: WSC) set off the trading day. During the past 12 months, WillScot Mobile Mini Holdings Corp. has had a low of $30.52 and a high of $49.02. As of last week, the company has a debt-to-equity ratio of 1.75, a current ratio of 0.90, and a quick ratio of 0.80. The fifty day moving average price for WSC is $44.54 and a two-hundred day moving average price translates $39.05 for the stock.
The latest earnings results from WillScot Mobile Mini Holdings Corp. (NASDAQ: WSC) was released for Jun, 2022. According to the Rental & Leasing Services Company, earnings per share came in at $0.32, beating analysts’ expectations of $0.29 by 0.03. This compares to $0.02 EPS in the same period last year. The net profit margin was 14.20% and return on equity was 16.40% for WSC. The company reported revenue of $604.17 million for the quarter, compared to $461.05 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 31.04 percent. For the current quarter, analysts expect WSC to generate $586.74M in revenue.
WillScot Mobile Mini Holdings Corp.(WSC) Company Profile
WillScot Mobile Mini Holdings Corp. provides work space and portable storage solutions in the United States, Canada, Mexico, and the United Kingdom. The company leases modular space and portable storage units to customers in the commercial and industrial, construction, education, energy and natural resources, government, and other end markets. As of December 31, 2021, it had approximately 390,000 total units, which included 162,000 modular space units; 213,000 portable storage units; 13,000 tank and pump units; and other value-added products. The company offers its solutions primarily under the WillScot and Mobile Mini brands. WillScot Mobile Mini Holdings Corp. was incorporated in 2017 and is headquartered in Phoenix, Arizona.
