WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Director Gerard E. Holthaus Acquires 5,000 Shares

WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) Director Gerard E. Holthaus acquired 5,000 shares of the business’s stock in a transaction on Tuesday, November 19th. The stock was acquired at an average cost of $34.99 per share, for a total transaction of $174,950.00. Following the transaction, the director now directly owns 411,221 shares in the company, valued at $14,388,622.79. The trade was a 1.23 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

WillScot Mobile Mini Price Performance

Shares of WSC opened at $35.14 on Wednesday. The company has a 50 day moving average of $37.87 and a two-hundred day moving average of $38.21. The company has a market cap of $6.49 billion, a price-to-earnings ratio of 319.48, a price-to-earnings-growth ratio of 2.13 and a beta of 1.37. The company has a quick ratio of 0.82, a current ratio of 0.90 and a debt-to-equity ratio of 3.42. WillScot Mobile Mini Holdings Corp. has a twelve month low of $32.71 and a twelve month high of $52.16.

WillScot Mobile Mini (NASDAQ:WSC) last released its earnings results on Wednesday, October 30th. The company reported $0.38 earnings per share for the quarter, missing the consensus estimate of $0.48 by ($0.10). The company had revenue of $601.43 million for the quarter, compared to analysts’ expectations of $617.83 million. WillScot Mobile Mini had a return on equity of 23.97% and a net margin of 1.05%. The firm’s revenue for the quarter was down .6% on a year-over-year basis. During the same period in the prior year, the firm posted $0.46 EPS. As a group, analysts predict that WillScot Mobile Mini Holdings Corp. will post 1.53 earnings per share for the current fiscal year.

Institutional Trading of WillScot Mobile Mini

Several large investors have recently added to or reduced their stakes in WSC. V Square Quantitative Management LLC acquired a new stake in shares of WillScot Mobile Mini during the third quarter worth about $25,000. Hexagon Capital Partners LLC lifted its stake in WillScot Mobile Mini by 200.0% during the 3rd quarter. Hexagon Capital Partners LLC now owns 900 shares of the company’s stock valued at $34,000 after acquiring an additional 600 shares during the period. Financial Management Professionals Inc. acquired a new stake in shares of WillScot Mobile Mini in the third quarter worth $36,000. Summit Securities Group LLC purchased a new position in shares of WillScot Mobile Mini during the second quarter worth $56,000. Finally, CWM LLC lifted its position in WillScot Mobile Mini by 80.3% during the second quarter. CWM LLC now owns 1,635 shares of the company’s stock valued at $62,000 after purchasing an additional 728 shares during the period. Hedge funds and other institutional investors own 95.81% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. Deutsche Bank Aktiengesellschaft cut shares of WillScot Mobile Mini from a “buy” rating to a “hold” rating and lowered their price objective for the company from $46.00 to $35.00 in a research report on Thursday, October 31st. Barclays lowered their price target on WillScot Mobile Mini from $44.00 to $40.00 and set an “equal weight” rating for the company in a report on Friday, November 1st. DA Davidson reduced their price objective on WillScot Mobile Mini from $54.00 to $47.00 and set a “buy” rating on the stock in a report on Monday, August 5th. Stifel Nicolaus lowered their target price on WillScot Mobile Mini from $48.00 to $46.00 and set a “buy” rating for the company in a report on Friday, August 2nd. Finally, Oppenheimer cut their price target on WillScot Mobile Mini from $53.00 to $46.00 and set an “outperform” rating on the stock in a research note on Friday, August 2nd. Six investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, WillScot Mobile Mini currently has a consensus rating of “Hold” and an average target price of $45.00.

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.