WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Director Buys $174,950.00 in Stock

WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Director Gerard E. Holthaus bought 5,000 shares of the stock in a transaction on Tuesday, November 19th. The stock was acquired at an average cost of $34.99 per share, for a total transaction of $174,950.00. Following the acquisition, the director now directly owns 411,221 shares in the company, valued at approximately $14,388,622.79. The trade was a 1.23 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

WillScot Mobile Mini Trading Down 0.6 %

WSC stock opened at $34.93 on Thursday. WillScot Mobile Mini Holdings Corp. has a 1-year low of $32.71 and a 1-year high of $52.16. The company has a current ratio of 0.90, a quick ratio of 0.82 and a debt-to-equity ratio of 3.42. The business’s 50 day moving average is $37.82 and its 200-day moving average is $38.19. The firm has a market cap of $6.45 billion, a P/E ratio of 317.57, a P/E/G ratio of 2.12 and a beta of 1.37.

WillScot Mobile Mini (NASDAQ:WSC) last released its quarterly earnings data on Wednesday, October 30th. The company reported $0.38 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.48 by ($0.10). The company had revenue of $601.43 million for the quarter, compared to analyst estimates of $617.83 million. WillScot Mobile Mini had a return on equity of 23.97% and a net margin of 1.05%. The business’s revenue was down .6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.46 earnings per share. Equities analysts anticipate that WillScot Mobile Mini Holdings Corp. will post 1.53 earnings per share for the current fiscal year.

Hedge Funds Weigh In On WillScot Mobile Mini

Several institutional investors have recently added to or reduced their stakes in WSC. V Square Quantitative Management LLC bought a new position in WillScot Mobile Mini in the 3rd quarter valued at $25,000. Hexagon Capital Partners LLC raised its holdings in shares of WillScot Mobile Mini by 200.0% in the third quarter. Hexagon Capital Partners LLC now owns 900 shares of the company’s stock valued at $34,000 after buying an additional 600 shares during the last quarter. Financial Management Professionals Inc. acquired a new position in WillScot Mobile Mini during the 3rd quarter worth about $36,000. Summit Securities Group LLC bought a new stake in WillScot Mobile Mini during the 2nd quarter worth about $56,000. Finally, CWM LLC increased its position in WillScot Mobile Mini by 80.3% in the 2nd quarter. CWM LLC now owns 1,635 shares of the company’s stock valued at $62,000 after acquiring an additional 728 shares in the last quarter. 95.81% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

WSC has been the subject of several research reports. Deutsche Bank Aktiengesellschaft cut WillScot Mobile Mini from a “buy” rating to a “hold” rating and reduced their price objective for the company from $46.00 to $35.00 in a research report on Thursday, October 31st. Baird R W downgraded shares of WillScot Mobile Mini from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 24th. DA Davidson dropped their price objective on shares of WillScot Mobile Mini from $54.00 to $47.00 and set a “buy” rating on the stock in a report on Monday, August 5th. Barclays reduced their target price on shares of WillScot Mobile Mini from $44.00 to $40.00 and set an “equal weight” rating for the company in a research note on Friday, November 1st. Finally, Bank of America lowered their price target on WillScot Mobile Mini from $56.00 to $54.00 and set a “buy” rating on the stock in a research note on Friday, August 2nd. Six equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, WillScot Mobile Mini currently has an average rating of “Hold” and an average price target of $45.00.

WillScot Mobile Mini Company Profile

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.