Q4 2024 Earnings Forecast for WillScot Mobile Mini Holdings Corp. Issued By William Blair (NASDAQ:WSC)

WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) – Stock analysts at William Blair issued their Q4 2024 earnings estimates for shares of WillScot Mobile Mini in a note issued to investors on Wednesday, September 18th. William Blair analyst T. Mulrooney anticipates that the company will post earnings of $0.60 per share for the quarter. The consensus estimate for WillScot Mobile Mini’s current full-year earnings is $1.76 per share.

WillScot Mobile Mini (NASDAQ:WSC) last announced its quarterly earnings data on Thursday, August 1st. The company reported $0.39 EPS for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.01). The company had revenue of $604.59 million for the quarter, compared to analyst estimates of $614.85 million. WillScot Mobile Mini had a net margin of 7.77% and a return on equity of 24.27%. WillScot Mobile Mini’s revenue was up 3.9% on a year-over-year basis. During the same quarter last year, the company posted $0.43 EPS.

WSC has been the topic of several other reports. Bank of America dropped their target price on shares of WillScot Mobile Mini from $56.00 to $54.00 and set a “buy” rating on the stock in a research report on Friday, August 2nd. DA Davidson cut their target price on shares of WillScot Mobile Mini from $54.00 to $47.00 and set a “buy” rating on the stock in a research note on Monday, August 5th. Stifel Nicolaus decreased their target price on WillScot Mobile Mini from $48.00 to $46.00 and set a “buy” rating for the company in a research report on Friday, August 2nd. Oppenheimer lowered their price target on WillScot Mobile Mini from $53.00 to $46.00 and set an “outperform” rating on the stock in a report on Friday, August 2nd. Finally, Barclays downgraded WillScot Mobile Mini from an “overweight” rating to an “equal weight” rating and reduced their price objective for the stock from $50.00 to $44.00 in a research note on Thursday, September 19th. Three equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $47.90.

WillScot Mobile Mini Trading Up 1.6 %

Shares of WSC opened at $40.45 on Monday. The business’s 50-day moving average price is $38.26 and its 200 day moving average price is $39.65. The company has a current ratio of 0.91, a quick ratio of 0.83 and a debt-to-equity ratio of 2.88. The stock has a market capitalization of $7.69 billion, a P/E ratio of 24.97, a P/E/G ratio of 1.36 and a beta of 1.36. WillScot Mobile Mini has a 1-year low of $33.23 and a 1-year high of $52.16.

Insider Activity

In other WillScot Mobile Mini news, CEO Bradley Lee Soultz purchased 5,000 shares of the company’s stock in a transaction dated Wednesday, September 18th. The shares were bought at an average price of $38.97 per share, for a total transaction of $194,850.00. Following the purchase, the chief executive officer now directly owns 149,686 shares in the company, valued at approximately $5,833,263.42. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 3.30% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On WillScot Mobile Mini

A number of large investors have recently added to or reduced their stakes in the stock. Quarry LP acquired a new position in shares of WillScot Mobile Mini during the 4th quarter worth about $38,000. TFO Wealth Partners LLC increased its position in WillScot Mobile Mini by 6,578.6% during the fourth quarter. TFO Wealth Partners LLC now owns 935 shares of the company’s stock worth $42,000 after acquiring an additional 921 shares during the period. Fidelis Capital Partners LLC acquired a new position in WillScot Mobile Mini during the 1st quarter valued at $55,000. Summit Securities Group LLC bought a new stake in WillScot Mobile Mini in the 2nd quarter valued at $56,000. Finally, CWM LLC grew its position in WillScot Mobile Mini by 80.3% in the 2nd quarter. CWM LLC now owns 1,635 shares of the company’s stock worth $62,000 after purchasing an additional 728 shares during the last quarter. Institutional investors own 95.81% of the company’s stock.

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.