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

WillScot Mobile Mini (NASDAQ:WSC) will likely be posting 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. Parties that wish to listen to the company’s conference call can do so using this link.

WillScot Mobile Mini Stock Performance

Shares of WSC stock opened at $37.70 on Tuesday. The company has a debt-to-equity ratio of 3.42, a quick ratio of 0.82 and a current ratio of 0.90. The firm has a market cap of $6.97 billion, a price-to-earnings ratio of 342.76, a P/E/G ratio of 1.93 and a beta of 1.41. WillScot Mobile Mini has a 52 week low of $32.57 and a 52 week high of $52.16. The firm’s 50-day simple moving average is $35.92 and its two-hundred day simple moving average is $37.02.

Insider Transactions at WillScot Mobile Mini

In other WillScot Mobile Mini news, CAO Sally J. Shanks sold 14,059 shares of the company’s stock in a transaction dated Monday, November 18th. The stock was sold at an average price of $34.69, for a total value of $487,706.71. Following the transaction, the chief accounting officer now directly owns 26,113 shares in the company, valued at $905,859.97. This represents a 35.00 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Bradley Lee Soultz purchased 5,000 shares of the company’s stock in a transaction dated Thursday, November 14th. The shares were acquired at an average price of $35.41 per share, with a total value of $177,050.00. Following the transaction, the chief executive officer now owns 144,686 shares in the company, valued at approximately $5,123,331.26. The trade was a 3.58 % increase in their position. The disclosure for this purchase can be found here. Insiders own 3.30% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on WSC. Baird R W cut shares of WillScot Mobile Mini from a “strong-buy” rating to a “hold” rating in a report on Thursday, October 24th. Robert W. Baird lowered their target price 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. Deutsche Bank Aktiengesellschaft downgraded WillScot Mobile Mini from a “buy” rating to a “hold” rating and cut their price target for the stock from $46.00 to $35.00 in a research note on Thursday, October 31st. Morgan Stanley upgraded WillScot Mobile Mini from an “equal weight” rating to an “overweight” rating and boosted their price objective for the company from $40.00 to $50.00 in a research note on Tuesday, December 17th. Finally, Barclays cut their target price 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. Five equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $45.50.

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.