WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) has earned an average rating of “Buy” from the eleven research firms that are presently covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and nine have assigned a buy recommendation to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $28.20.
A number of brokerages have commented on WSC. Barclays increased their price target on shares of WillScot Mobile Mini from $23.00 to $30.00 and gave the company an “equal weight” rating in a research report on Tuesday, March 2nd. Zacks Investment Research lowered WillScot Mobile Mini from a “buy” rating to a “hold” rating in a research note on Tuesday. Oppenheimer increased their price objective on WillScot Mobile Mini from $24.00 to $29.00 and gave the company an “outperform” rating in a research note on Wednesday, January 13th. Robert W. Baird raised WillScot Mobile Mini from a “neutral” rating to an “outperform” rating and increased their price objective for the company from $31.00 to $33.00 in a research note on Tuesday, March 9th. Finally, DA Davidson increased their price objective on WillScot Mobile Mini from $25.00 to $30.00 and gave the company a “buy” rating in a research note on Tuesday, January 26th.
Shares of WSC stock traded down $0.37 during trading on Thursday, hitting $28.50. The company had a trading volume of 37,182 shares, compared to its average volume of 1,559,982. The company has a quick ratio of 1.57, a current ratio of 1.59 and a debt-to-equity ratio of 2.80. The stock’s 50-day moving average is $28.38 and its two-hundred day moving average is $24.57. The stock has a market capitalization of $6.45 billion, a price-to-earnings ratio of 179.76, a price-to-earnings-growth ratio of 0.91 and a beta of 2.07. WillScot Mobile Mini has a 52 week low of $10.70 and a 52 week high of $30.38.
In other news, Director Stephen Robertson sold 17,412,500 shares of the firm’s stock in a transaction on Thursday, March 4th. The stock was sold at an average price of $26.79, for a total transaction of $466,480,875.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Kelly M. Williams sold 362,464 shares of WillScot Mobile Mini stock in a transaction dated Wednesday, March 3rd. The stock was sold at an average price of $27.32, for a total value of $9,902,516.48. Following the completion of the sale, the chief operating officer now owns 188,884 shares of the company’s stock, valued at $5,160,310.88. The disclosure for this sale can be found here. Company insiders own 63.50% of the company’s stock.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Clearview Wealth Advisors LLC bought a new stake in WillScot Mobile Mini in the 4th quarter worth about $26,000. International Assets Investment Management LLC grew its stake in shares of WillScot Mobile Mini by 100.0% during the 1st quarter. International Assets Investment Management LLC now owns 1,078 shares of the company’s stock valued at $27,000 after purchasing an additional 539 shares during the period. Toronto Dominion Bank bought a new stake in shares of WillScot Mobile Mini during the 4th quarter valued at about $54,000. First Horizon Corp bought a new stake in shares of WillScot Mobile Mini during the 4th quarter valued at about $70,000. Finally, Public Employees Retirement System of Ohio bought a new stake in shares of WillScot Mobile Mini during the 4th quarter valued at about $135,000. Institutional investors own 29.92% of the company’s stock.
WillScot Mobile Mini Company Profile
WillScot Mobile Mini Holdings Corp. provides modular space and portable storage solutions in the United States, Canada, Mexico, and the United Kingdom. The company leases various office space and storage solutions for temporary applications across a customer base in the commercial and industrial, construction, retail, education, natural resources, health care, government, transportation, security, and energy sectors.
Further Reading: Why is total return important?
Receive News & Ratings for WillScot Mobile Mini Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WillScot Mobile Mini and related companies with MarketBeat.com's FREE daily email newsletter.