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

Shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) have received a consensus recommendation of “Moderate Buy” from the eleven brokerages that are covering the company, MarketBeat.com reports. Five equities research analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 12 month price objective among analysts that have issued a report on the stock in the last year is $45.50.

WSC has been the subject of several recent research reports. Baird R W cut shares of WillScot Mobile Mini from a “strong-buy” rating to a “hold” rating in a research report on Thursday, October 24th. Deutsche Bank Aktiengesellschaft cut shares of WillScot Mobile Mini from a “buy” rating to a “hold” rating and decreased their price target for the company from $46.00 to $35.00 in a research report on Thursday, October 31st. Barclays decreased their price target on shares of WillScot Mobile Mini from $44.00 to $40.00 and set an “equal weight” rating for the company in a research report on Friday, November 1st. Morgan Stanley upgraded shares of WillScot Mobile Mini from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $40.00 to $50.00 in a research report on Tuesday, December 17th. Finally, Robert W. Baird decreased their price target on shares of WillScot Mobile Mini from $42.00 to $38.00 and set a “neutral” rating for the company in a research report on Thursday, October 31st.

Insider Transactions at WillScot Mobile Mini

In related news, Director Gerard E. Holthaus bought 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, November 19th. The shares were acquired at an average cost of $34.99 per share, with a total value of $174,950.00. Following the completion of the purchase, the director now directly owns 411,221 shares in the company, valued at $14,388,622.79. The trade was a 1.23 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Graeme Parkes sold 2,900 shares of the stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $37.01, for a total transaction of $107,329.00. Following the transaction, the insider now directly owns 72,818 shares in the company, valued at approximately $2,694,994.18. This represents a 3.83 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 3.30% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Carnegie Lake Advisors LLC boosted its stake in WillScot Mobile Mini by 0.5% during the fourth quarter. Carnegie Lake Advisors LLC now owns 54,580 shares of the company’s stock worth $1,826,000 after acquiring an additional 280 shares in the last quarter. First Horizon Advisors Inc. lifted its stake in shares of WillScot Mobile Mini by 16.4% in the third quarter. First Horizon Advisors Inc. now owns 2,138 shares of the company’s stock valued at $80,000 after buying an additional 302 shares in the last quarter. Sciencast Management LP lifted its stake in shares of WillScot Mobile Mini by 0.9% in the fourth quarter. Sciencast Management LP now owns 56,961 shares of the company’s stock valued at $1,905,000 after buying an additional 491 shares in the last quarter. KBC Group NV lifted its stake in shares of WillScot Mobile Mini by 14.7% in the third quarter. KBC Group NV now owns 5,110 shares of the company’s stock valued at $192,000 after buying an additional 655 shares in the last quarter. Finally, V Square Quantitative Management LLC bought a new position in shares of WillScot Mobile Mini in the third quarter valued at $25,000. 95.81% of the stock is owned by institutional investors.

WillScot Mobile Mini Trading Down 0.7 %

Shares of WillScot Mobile Mini stock opened at $38.02 on Monday. The firm has a market capitalization of $7.02 billion, a PE ratio of 345.67, a price-to-earnings-growth ratio of 1.93 and a beta of 1.41. 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 firm’s 50 day moving average is $35.84 and its 200 day moving average is $36.89. WillScot Mobile Mini has a 1 year low of $32.57 and a 1 year high of $50.81.

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.