WillScot Mobile Mini (WSC) Expected to Announce Earnings on Tuesday

WillScot Mobile Mini (NASDAQ:WSC) is anticipated to post its quarterly earnings results after the market closes on Tuesday, February 18th. Analysts expect WillScot Mobile Mini to post earnings of $0.48 per share for the quarter. Individual that wish to register for the company’s earnings conference call can do so using this link.

WillScot Mobile Mini Trading Up 1.3 %

Shares of WSC stock opened at $37.70 on Tuesday. The business has a 50-day moving average price of $35.92 and a two-hundred day moving average price of $37.02. WillScot Mobile Mini has a 12-month low of $32.57 and a 12-month high of $52.16. The company has a quick ratio of 0.82, a current ratio of 0.90 and a debt-to-equity ratio of 3.42. The firm has a market cap of $6.97 billion, a P/E ratio of 342.76, a price-to-earnings-growth ratio of 1.93 and a beta of 1.41.

Insider Transactions at WillScot Mobile Mini

In related news, insider Graeme Parkes sold 2,900 shares of the company’s stock in a transaction that occurred 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 completion of the transaction, the insider now owns 72,818 shares in the company, valued at $2,694,994.18. This represents a 3.83 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Sally J. Shanks sold 14,059 shares of WillScot Mobile Mini stock in a transaction on Monday, November 18th. The shares were sold at an average price of $34.69, for a total transaction of $487,706.71. Following the completion of the sale, the chief accounting officer now owns 26,113 shares in the company, valued at approximately $905,859.97. This trade represents a 35.00 % decrease in their position. The disclosure for this sale can be found here. 3.30% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft downgraded WillScot Mobile Mini from a “buy” rating to a “hold” rating and dropped their target price for the stock from $46.00 to $35.00 in a research report on Thursday, October 31st. Baird R W cut shares of WillScot Mobile Mini from a “strong-buy” rating to a “hold” rating in a research note on Thursday, October 24th. Barclays reduced their target price on shares of WillScot Mobile Mini from $44.00 to $40.00 and set an “equal weight” rating on the stock in a report on Friday, November 1st. Morgan Stanley raised shares of WillScot Mobile Mini from an “equal weight” rating to an “overweight” rating and boosted their price target for the stock from $40.00 to $50.00 in a research note on Tuesday, December 17th. Finally, Robert W. Baird reduced their price objective on WillScot Mobile Mini from $42.00 to $38.00 and set a “neutral” rating on the stock in a research note on Thursday, October 31st. Five investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $45.50.

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.