WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Given Average Rating of “Moderate Buy” by Brokerages

WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) has been given a consensus rating of “Moderate Buy” by the ten research firms that are covering the stock, MarketBeat.com reports. Five research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $44.22.

Several analysts recently commented on WSC shares. Barclays dropped their price objective on WillScot Mobile Mini from $44.00 to $40.00 and set an “equal weight” rating on the stock in a research note on Friday, November 1st. Morgan Stanley raised WillScot Mobile Mini from an “equal weight” rating to an “overweight” rating and raised their price objective for the stock from $40.00 to $50.00 in a research note on Tuesday, December 17th. Robert W. Baird dropped their price objective on WillScot Mobile Mini from $42.00 to $38.00 and set a “neutral” rating on the stock in a research note on Thursday, October 31st. Finally, Deutsche Bank Aktiengesellschaft downgraded WillScot Mobile Mini from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $46.00 to $35.00 in a research note on Thursday, October 31st.

Insider Buying and Selling at WillScot Mobile Mini

In other news, insider Graeme Parkes sold 2,900 shares of the firm’s stock in a transaction dated Wednesday, December 11th. The stock was 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 owns 72,818 shares in the company, valued at $2,694,994.18. This trade represents a 3.83 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 3.30% of the company’s stock.

Hedge Funds Weigh In On WillScot Mobile Mini

Several hedge funds have recently modified their holdings of WSC. Barrow Hanley Mewhinney & Strauss LLC grew its holdings in WillScot Mobile Mini by 39.4% during the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 1,889,596 shares of the company’s stock worth $63,207,000 after purchasing an additional 533,750 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in WillScot Mobile Mini by 6.1% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 715,675 shares of the company’s stock worth $23,939,000 after purchasing an additional 41,431 shares during the period. Ulysses Management LLC grew its holdings in WillScot Mobile Mini by 194.7% during the fourth quarter. Ulysses Management LLC now owns 508,359 shares of the company’s stock worth $17,005,000 after purchasing an additional 335,859 shares during the period. Voloridge Investment Management LLC bought a new position in WillScot Mobile Mini during the fourth quarter worth about $6,194,000. Finally, Spyglass Capital Management LLC boosted its holdings in shares of WillScot Mobile Mini by 40.5% during the fourth quarter. Spyglass Capital Management LLC now owns 1,829,245 shares of the company’s stock worth $61,188,000 after acquiring an additional 527,465 shares during the period. Institutional investors own 95.81% of the company’s stock.

WillScot Mobile Mini Stock Down 8.8 %

NASDAQ:WSC opened at $35.27 on Monday. WillScot Mobile Mini has a 12-month low of $32.57 and a 12-month high of $49.98. The company has a quick ratio of 0.82, a current ratio of 0.90 and a debt-to-equity ratio of 3.42. The firm has a market capitalization of $6.52 billion, a P/E ratio of 235.15, a P/E/G ratio of 2.18 and a beta of 1.41. The stock’s fifty day simple moving average is $35.97 and its 200-day simple moving average is $36.97.

WillScot Mobile Mini (NASDAQ:WSC) last posted its quarterly earnings results on Thursday, February 20th. The company reported $0.49 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.48 by $0.01. The business had revenue of $602.52 million for the quarter, compared to analyst estimates of $606.55 million. WillScot Mobile Mini had a return on equity of 24.67% and a net margin of 1.17%. Equities research analysts expect that WillScot Mobile Mini will post 1.77 earnings per share for the current year.

WillScot Mobile Mini Dividend Announcement

The company also recently declared a — dividend, which will be paid on Wednesday, March 19th. Shareholders of record on Wednesday, March 5th will be paid a $0.07 dividend. The ex-dividend date is Wednesday, March 5th.

About WillScot Mobile Mini

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.