WillScot (NASDAQ:WSC)‘s stock had its “hold” rating reaffirmed by research analysts at Barclays in a report issued on Sunday, AnalystRatings.com reports. They presently have a $17.00 price target on the stock. Barclays‘s price target suggests a potential upside of 3.60% from the stock’s current price.
WSC has been the subject of a number of other research reports. ValuEngine upgraded WillScot from a “hold” rating to a “buy” rating in a research note on Wednesday. Zacks Investment Research upgraded WillScot from a “hold” rating to a “buy” rating and set a $19.00 price target for the company in a research note on Saturday, October 12th. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $16.90.
WSC stock traded down $0.12 during midday trading on Friday, hitting $16.41. The company’s stock had a trading volume of 1,222,800 shares, compared to its average volume of 537,763. WillScot has a 12 month low of $8.21 and a 12 month high of $17.12. The company has a current ratio of 1.04, a quick ratio of 0.99 and a debt-to-equity ratio of 2.50. The company has a market cap of $1.92 billion, a PE ratio of 86.37, a P/E/G ratio of 4.38 and a beta of 1.85. The firm’s 50-day moving average is $15.86 and its 200-day moving average is $14.83.
In other news, Director Rebecca L. Owen acquired 9,250 shares of the business’s stock in a transaction dated Monday, September 16th. The stock was purchased at an average price of $16.30 per share, for a total transaction of $150,775.00. Also, Director Jeffrey Sagansky sold 100,000 shares of the firm’s stock in a transaction dated Wednesday, September 4th. The shares were sold at an average price of $14.01, for a total value of $1,401,000.00. Following the transaction, the director now owns 2,576,346 shares of the company’s stock, valued at approximately $36,094,607.46. The disclosure for this sale can be found here. Corporate insiders own 56.13% of the company’s stock.
Several institutional investors have recently modified their holdings of the company. TimesSquare Capital Management LLC grew its position in shares of WillScot by 6.2% during the third quarter. TimesSquare Capital Management LLC now owns 2,350,420 shares of the company’s stock valued at $36,620,000 after purchasing an additional 137,120 shares in the last quarter. Tower Research Capital LLC TRC lifted its stake in WillScot by 1,505.1% in the third quarter. Tower Research Capital LLC TRC now owns 2,857 shares of the company’s stock worth $45,000 after purchasing an additional 2,679 shares during the last quarter. First Trust Advisors LP lifted its stake in WillScot by 40.0% in the third quarter. First Trust Advisors LP now owns 249,421 shares of the company’s stock worth $3,886,000 after purchasing an additional 71,248 shares during the last quarter. California Public Employees Retirement System bought a new stake in WillScot in the third quarter worth about $1,281,000. Finally, FNY Investment Advisers LLC bought a new stake in WillScot in the third quarter worth about $62,000. Hedge funds and other institutional investors own 46.97% of the company’s stock.
Willscot Corp. operates as a holding company, which engages in the provision of modular space and portable storage markets. Its services include furniture rental, transportation and logistics, storage & facilities services and commercial real estate. The company was founded by Albert Vaughn Williams in 1944 and is headquartered in Baltimore, MD.
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