WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC – Get Rating) – Equities researchers at William Blair decreased their FY2023 earnings estimates for shares of WillScot Mobile Mini in a research report issued to clients and investors on Tuesday, June 20th. William Blair analyst T. Mulrooney now anticipates that the company will earn $1.87 per share for the year, down from their previous forecast of $1.88. The consensus estimate for WillScot Mobile Mini’s current full-year earnings is $1.84 per share. William Blair also issued estimates for WillScot Mobile Mini’s FY2024 earnings at $2.24 EPS.
WillScot Mobile Mini (NASDAQ:WSC – Get Rating) last announced its quarterly earnings data on Wednesday, April 26th. The company reported $0.36 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.29 by $0.07. WillScot Mobile Mini had a net margin of 21.32% and a return on equity of 20.32%. The company had revenue of $565.47 million during the quarter, compared to analysts’ expectations of $535.40 million.
WillScot Mobile Mini Trading Down 2.0 %
Shares of WSC stock opened at $46.06 on Friday. WillScot Mobile Mini has a 52-week low of $30.86 and a 52-week high of $53.46. The stock has a market cap of $9.32 billion, a price-to-earnings ratio of 19.94, a P/E/G ratio of 1.42 and a beta of 1.53. The company has a debt-to-equity ratio of 1.84, a quick ratio of 0.96 and a current ratio of 1.04. The firm has a fifty day moving average of $45.02 and a 200-day moving average of $46.31.
Institutional Inflows and Outflows
Several hedge funds have recently modified their holdings of the business. CIBC Asset Management Inc boosted its stake in shares of WillScot Mobile Mini by 4.2% in the 1st quarter. CIBC Asset Management Inc now owns 5,742 shares of the company’s stock valued at $269,000 after purchasing an additional 233 shares during the last quarter. Captrust Financial Advisors raised its position in shares of WillScot Mobile Mini by 3.3% in the 3rd quarter. Captrust Financial Advisors now owns 8,241 shares of the company’s stock valued at $332,000 after acquiring an additional 260 shares during the period. Eagle Bay Advisors LLC raised its position in shares of WillScot Mobile Mini by 16.6% in the 3rd quarter. Eagle Bay Advisors LLC now owns 2,236 shares of the company’s stock valued at $91,000 after acquiring an additional 318 shares during the period. Bleakley Financial Group LLC raised its position in shares of WillScot Mobile Mini by 4.3% in the 1st quarter. Bleakley Financial Group LLC now owns 8,748 shares of the company’s stock valued at $410,000 after acquiring an additional 361 shares during the period. Finally, Xponance Inc. raised its position in shares of WillScot Mobile Mini by 2.4% in the 1st quarter. Xponance Inc. now owns 18,209 shares of the company’s stock valued at $854,000 after acquiring an additional 419 shares during the period. Institutional investors own 95.61% of the company’s stock.
Insider Buying and Selling
In related news, CEO Bradley Lee Soultz acquired 5,000 shares of the firm’s stock in a transaction on Tuesday, May 2nd. The shares were purchased at an average price of $44.62 per share, with a total value of $223,100.00. Following the acquisition, the chief executive officer now directly owns 10,000 shares in the company, valued at $446,200. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. In related news, CEO Bradley Lee Soultz acquired 5,000 shares of the firm’s stock in a transaction on Tuesday, May 2nd. The shares were purchased at an average price of $44.62 per share, with a total value of $223,100.00. Following the acquisition, the chief executive officer now directly owns 10,000 shares in the company, valued at $446,200. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CAO Sally J. Shanks sold 10,541 shares of the stock in a transaction dated Thursday, June 15th. The stock was sold at an average price of $47.08, for a total transaction of $496,270.28. Following the sale, the chief accounting officer now directly owns 23,932 shares in the company, valued at approximately $1,126,718.56. The disclosure for this sale can be found here. 3.10% of the stock is currently owned by corporate insiders.
WillScot Mobile Mini Company Profile
WillScot Mobile Mini Holdings Corp. provides work space and portable storage solutions in the United States, Canada, and Mexico. It operates in two segments, Modular Solutions and Storage Solutions. The company leases modular space and portable storage units to customers in the commercial and industrial, construction, retail and wholesale trade, education, energy and natural resources, government, institutions, healthcare, and other end markets.
Featured Stories
- Get a free research report on WillScot Mobile Mini from StockNews.com
- CarMax Stock Flying On Earnings Beat, Return Of The Highs?
- Commercial Metals Company Shakes Off The Rust: Confirms Uptrend
- Smith & Wesson, A Timeless Value Play At Decade Lows
- Wayfair: From Steep Decline to Recent Surge
- Five stocks we like better than WillScot Mobile Mini
Receive News & Ratings for WillScot Mobile Mini Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WillScot Mobile Mini and related companies with MarketBeat.com's FREE daily email newsletter.
