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

Shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) have been given a consensus recommendation of “Moderate Buy” by the ten ratings firms that are currently covering the firm, Marketbeat.com reports. Five analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $42.67.

A number of equities research analysts have recently issued reports on the stock. Robert W. Baird dropped their target price on shares of WillScot Mobile Mini from $38.00 to $32.00 and set a “neutral” rating for the company in a report on Monday. Oppenheimer decreased their target price on shares of WillScot Mobile Mini from $41.00 to $38.00 and set an “outperform” rating on the stock in a research report on Monday. Finally, Morgan Stanley raised shares of WillScot Mobile Mini from an “equal weight” rating to an “overweight” rating and increased their price target for the stock from $40.00 to $50.00 in a research report on Tuesday, December 17th.

Insider Buying and Selling

In other WillScot Mobile Mini news, COO Timothy D. Boswell bought 5,000 shares of the business’s stock in a transaction on Thursday, March 13th. The shares were bought at an average cost of $29.14 per share, with a total value of $145,700.00. Following the transaction, the chief operating officer now directly owns 34,156 shares in the company, valued at approximately $995,305.84. This trade represents a 17.15 % increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. 3.30% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On WillScot Mobile Mini

A number of institutional investors have recently made changes to their positions in the company. Carnegie Lake Advisors LLC boosted its position in WillScot Mobile Mini by 0.5% during the 4th 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 during the period. First Horizon Advisors Inc. lifted its holdings in shares of WillScot Mobile Mini by 16.4% during the third quarter. First Horizon Advisors Inc. now owns 2,138 shares of the company’s stock valued at $80,000 after purchasing an additional 302 shares during the last quarter. Sciencast Management LP raised its position in WillScot Mobile Mini by 0.9% during 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 during the period. KBC Group NV raised its position in WillScot Mobile Mini by 14.7% during 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 during the period. Finally, State of Wyoming acquired a new position in WillScot Mobile Mini during the fourth quarter valued at $34,000. 95.81% of the stock is currently owned by institutional investors.

WillScot Mobile Mini Stock Performance

Shares of NASDAQ WSC opened at $28.60 on Friday. 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 company has a 50 day simple moving average of $35.18 and a two-hundred day simple moving average of $36.48. WillScot Mobile Mini has a 12 month low of $27.58 and a 12 month high of $47.18. The stock has a market cap of $5.25 billion, a price-to-earnings ratio of 190.68, a PEG ratio of 2.18 and a beta of 1.45.

WillScot Mobile Mini (NASDAQ:WSC) last posted its earnings results on Thursday, February 20th. The company reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.01. The firm had revenue of $602.52 million during the quarter, compared to analysts’ expectations of $606.55 million. WillScot Mobile Mini had a net margin of 1.17% and a return on equity of 24.67%. As a group, analysts predict that WillScot Mobile Mini will post 1.77 earnings per share for the current year.

WillScot Mobile Mini Announces Dividend

The company also recently disclosed a — dividend, which will be paid on Wednesday, March 19th. Stockholders of record on Wednesday, March 5th will be paid a $0.07 dividend. The ex-dividend date of this dividend is Wednesday, March 5th. WillScot Mobile Mini’s dividend payout ratio is currently 186.67%.

About WillScot Mobile Mini

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.