WillScot (NASDAQ:WSC) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of WillScot (NASDAQ:WSC) from a sell rating to a hold rating in a research report released on Sunday.

WSC has been the topic of a number of other research reports. Morgan Stanley reiterated an “equal weight” rating and set a $21.00 price objective (down previously from $37.00) on shares of WillScot in a research note on Thursday, November 13th. DA Davidson lowered their price target on shares of WillScot from $35.00 to $32.00 and set a “buy” rating for the company in a report on Monday, November 10th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of WillScot in a research note on Wednesday, January 21st. Robert W. Baird reissued a “neutral” rating and issued a $23.00 price objective (up from $22.00) on shares of WillScot in a research report on Wednesday, January 21st. Finally, Citigroup raised their target price on WillScot from $24.00 to $25.00 and gave the company a “buy” rating in a research note on Tuesday, January 13th. Three research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $26.88.

WillScot Stock Down 0.2%

WSC opened at $21.58 on Friday. The company has a debt-to-equity ratio of 3.39, a current ratio of 0.79 and a quick ratio of 0.72. WillScot has a 12 month low of $14.91 and a 12 month high of $39.12. The business has a 50 day simple moving average of $20.67 and a 200-day simple moving average of $21.39. The stock has a market capitalization of $3.93 billion, a P/E ratio of 17.83, a P/E/G ratio of 1.96 and a beta of 1.12.

Institutional Investors Weigh In On WillScot

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Salomon & Ludwin LLC grew its stake in shares of WillScot by 117.3% in the 4th quarter. Salomon & Ludwin LLC now owns 1,258 shares of the company’s stock worth $25,000 after purchasing an additional 679 shares during the last quarter. CWM LLC boosted its holdings in WillScot by 37.7% during the fourth quarter. CWM LLC now owns 2,071 shares of the company’s stock worth $39,000 after buying an additional 567 shares in the last quarter. Parallel Advisors LLC grew its position in WillScot by 149.9% in the fourth quarter. Parallel Advisors LLC now owns 2,064 shares of the company’s stock worth $39,000 after buying an additional 1,238 shares during the last quarter. Danske Bank A S acquired a new position in WillScot in the third quarter worth approximately $44,000. Finally, Advisors Asset Management Inc. increased its holdings in shares of WillScot by 160.4% in the fourth quarter. Advisors Asset Management Inc. now owns 2,961 shares of the company’s stock valued at $56,000 after buying an additional 1,824 shares in the last quarter. Institutional investors own 95.81% of the company’s stock.

WillScot Company Profile

WillScot (NASDAQ: WSC) is a leading North American provider of modular space and portable storage solutions. The company designs, manufactures, leases and sells temporary and permanent modular buildings to serve sectors such as education, healthcare, construction, industrial and government. Its modular space offerings range from single‐unit office trailers and classrooms to complex multi‐unit configurations tailored to diverse project requirements.

In addition to modular structures, WillScot offers a broad portfolio of portable storage containers and related services, including site logistics, customization, delivery and installation.