2 weeks Ago By ABMN Staff
WillScot Mobile Mini ( NASDAQ:WSC – Get Free Report ) had its price objective decreased by research analysts at Morgan Stanley from $50.00 to $38.00 in a research report issued to clients and investors on Wednesday, Benzinga reports.
The brokerage presently has an “overweight” rating on the stock. Morgan Stanley’s target price points to a potential upside of 62.95% from the company’s current price.
A number of other research firms have also recently commented on WSC. Barclays cut their price target on shares of WillScot Mobile Mini from $40.00 to $34.
00 and set an “equal weight” rating for the company in a research note on Friday, April 4th. Robert W. Baird reduced their target price on WillScot Mobile Mini from $38.
00 to $32.00 and set a “neutral” rating on the stock in a research note on Monday, March 10th. Finally, Oppenheimer lowered their price target on WillScot Mobile Mini from $41.
00 to $38.00 and set an “outperform” rating on the stock in a research report on Monday, March 10th. Four investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock.
According to MarketBeat, WillScot Mobile Mini currently has an average rating of “Moderate Buy” and an average price target of $40.50. Read Our Latest Stock Analysis on WillScot Mobile Mini WillScot Mobile Mini Trading Up 0.
5 % WillScot Mobile Mini ( NASDAQ:WSC – Get Free Report ) last released its quarterly earnings results on Thursday, February 20th. The company reported $0.49 earnings per share for the quarter, beating the consensus estimate of $0.
48 by $0.01. WillScot Mobile Mini had a return on equity of 24.
67% and a net margin of 1.17%. The firm had revenue of $602.
52 million for the quarter, compared to analysts’ expectations of $606.55 million. On average, equities research analysts anticipate that WillScot Mobile Mini will post 1.
77 EPS for the current fiscal year. Insider Transactions at WillScot Mobile Mini In other news, COO Timothy D. Boswell purchased 5,000 shares of the company’s stock in a transaction on Thursday, March 13th.
The stock was acquired at an average price 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 of the company’s stock, valued at approximately $995,305.84. This represents a 17.
15 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website . Also, Director Erik Olsson sold 110,307 shares of the business’s stock in a transaction dated Tuesday, March 18th.
The shares were sold at an average price of $30.19, for a total transaction of $3,330,168.33.
Following the completion of the transaction, the director now owns 626,306 shares in the company, valued at $18,908,178.14. The trade was a 14.
97 % decrease in their position. The disclosure for this sale can be found here . Company insiders own 3.
30% of the company’s stock. Institutional Trading of WillScot Mobile Mini A number of institutional investors have recently modified their holdings of WSC. GAMMA Investing LLC raised its position in WillScot Mobile Mini by 273.
2% during the 1st quarter. GAMMA Investing LLC now owns 933 shares of the company’s stock valued at $26,000 after purchasing an additional 683 shares during the last quarter. State of Wyoming purchased a new position in shares of WillScot Mobile Mini during the fourth quarter valued at approximately $34,000.
Jones Financial Companies Lllp raised its holdings in shares of WillScot Mobile Mini by 93.5% during the fourth quarter. Jones Financial Companies Lllp now owns 2,303 shares of the company’s stock valued at $77,000 after acquiring an additional 1,113 shares in the last quarter.
Fifth Third Bancorp lifted its stake in WillScot Mobile Mini by 28.0% in the first quarter. Fifth Third Bancorp now owns 2,358 shares of the company’s stock worth $66,000 after acquiring an additional 516 shares during the period.
Finally, Canada Pension Plan Investment Board bought a new stake in WillScot Mobile Mini in the fourth quarter valued at $154,000. 95.81% of the stock is currently owned by hedge funds and other institutional investors.
About WillScot Mobile Mini ( Get Free Report ) 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.
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