WillScot Mobile Mini (NASDAQ: WSC – Get a rating)The stock had its “buy” rating restated by investment analysts Deutsche Bank Aktiengesellschaft in a research note released Friday to investors, TipRanks reports. They currently have a price target of $49.00 on the stock. Deutsche Bank Aktiengesellschaft’s price target would indicate a potential upside of 39.60% from the company’s current price.
A number of other research firms have also weighed in on WSC recently. Zacks Investment Research moved WillScot Mobile Mini from a “buy” rating to a “hold” rating in a Thursday, March 3, report. Barclays upgraded WillScot Mobile Mini from an ‘equal weight’ rating to an ‘overweight’ rating and raised its price target for the stock from $40.00 to $50.00 in a Wednesday report March 2. One investment analyst gave the stock a hold rating and seven gave the company’s stock a buy rating. According to MarketBeat.com, the stock has a consensus buy rating and an average price target of $42.38.
NASDAQ: WSC traded at $0.61 during Friday trading hours, hitting $35.10. The company had a trading volume of 2,626,138 shares, compared to an average volume of 2,016,677. The company has a current ratio of 0.93, a quick ratio of 0.87 and a debt ratio of 1, 35. The company has a 50-day moving average of $37.24 and a 200-day moving average of $37.59. The company has a market capitalization of $7.84 billion, a P/E ratio of 39.89, a P/E/G ratio of 1.22 and a beta of 1.76. WillScot Mobile Mini has a 1 year minimum of $26.15 and a 1 year maximum of $42.00.
WillScot Mobile Mini (NASDAQ: WSC – Get a rating) last reported results on Wednesday, April 27. The company reported earnings per share (EPS) of $0.22 for the quarter, matching Thomson Reuters consensus estimate of $0.22. WillScot Mobile Mini had a return on equity of 11.10% and a net margin of 10.46%. During the same period a year earlier, the company posted earnings per share of $0.14. On average, analysts expect WillScot Mobile Mini to post 1.19 earnings per share for the current year.
In related news, Director Rebecca L. Owen purchased 5,250 shares of WillScot Mobile Mini in a trade on Friday, March 18. The shares were purchased at an average price of $38.34 per share, with a total value of $201,285.00. The transaction was disclosed in an SEC filing, which is available via this link. Additionally, Executive Vice President Christopher J. Miner sold 133,056 shares in a trade dated Wednesday, March 16. The shares were sold at an average price of $36.83, for a total value of $4,900,452.48. Disclosure of this sale can be found here. 63.50% of the shares are currently held by company insiders.
A number of hedge funds have recently bought and sold shares of WSC. Sheets Smith Investment Management increased its position in shares of WillScot Mobile Mini by 1.8% during the 1st quarter. Sheets Smith Investment Management now owns 25,931 shares of the company worth $1,015,000 after acquiring 464 additional shares in the last quarter. Emerald Mutual Fund Advisers Trust increased its position in shares of WillScot Mobile Mini by 36.3% during the 1st quarter. Emerald Mutual Fund Advisers Trust now owns 6,229 shares of the company worth $244,000 after acquiring 1,659 additional shares in the last quarter. Emerald Advisers LLC increased its position in shares of WillScot Mobile Mini by 12.2% during the 1st quarter. Emerald Advisers LLC now owns 57,798 shares of the company worth $2,262,000 after acquiring an additional 6,274 shares last quarter. Daiwa Securities Group Inc. acquired a new equity stake in WillScot Mobile Mini during Q1 worth approximately $1,287,000. Finally, Nisa Investment Advisors LLC increased its position in shares of WillScot Mobile Mini by 2.9% during the 1st quarter. Nisa Investment Advisors LLC now owns 10,960 shares of the company worth $429,000 after acquiring 310 additional shares in the last quarter. 98.14% of the shares are currently held by institutional investors.
About WillScot Mobile Mini (Get a rating)
WillScot Mobile Mini Holdings Corp. provides workspaces and portable storage solutions in the United States, Canada, Mexico and the United Kingdom. The Company rents modular space and portable storage units to customers in commercial and industrial, construction, education, energy and natural resources, government and other end markets.
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