Brokerages expect that WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) will announce sales of $419.65 million for the current fiscal quarter, Zacks Investment Research reports. Five analysts have made estimates for WillScot Mobile Mini’s earnings, with the highest sales estimate coming in at $429.56 million and the lowest estimate coming in at $414.00 million. WillScot Mobile Mini reported sales of $278.05 million during the same quarter last year, which would suggest a positive year over year growth rate of 50.9%. The company is scheduled to issue its next earnings report after the market closes on Thursday, February 25th.
On average, analysts expect that WillScot Mobile Mini will report full-year sales of $1.40 billion for the current year, with estimates ranging from $1.35 billion to $1.63 billion. For the next year, analysts anticipate that the company will report sales of $1.70 billion, with estimates ranging from $1.69 billion to $1.74 billion. Zacks Investment Research’s sales calculations are an average based on a survey of analysts that follow WillScot Mobile Mini.
WSC has been the subject of a number of recent research reports. DA Davidson raised their price target on shares of WillScot Mobile Mini from $25.00 to $30.00 and gave the stock a “buy” rating in a research report on Tuesday, January 26th. Morgan Stanley raised their price objective on shares of WillScot Mobile Mini from $26.00 to $28.00 and gave the stock an “overweight” rating in a research note on Friday, January 22nd. Deutsche Bank Aktiengesellschaft raised their price objective on shares of WillScot Mobile Mini from $22.00 to $26.00 and gave the stock a “buy” rating in a research note on Tuesday, February 2nd. Barclays reaffirmed an “equal weight” rating and set a $23.00 price objective on shares of WillScot Mobile Mini in a research note on Tuesday, November 10th. Finally, Zacks Investment Research cut shares of WillScot Mobile Mini from a “hold” rating to a “sell” rating in a research note on Thursday, February 18th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and eight have given a buy rating to the company’s stock. WillScot Mobile Mini presently has a consensus rating of “Buy” and a consensus target price of $23.09.
WSC traded up $0.56 during trading on Tuesday, reaching $27.21. 1,035,146 shares of the company’s stock were exchanged, compared to its average volume of 1,231,870. WillScot Mobile Mini has a 1 year low of $7.45 and a 1 year high of $27.97. The company has a debt-to-equity ratio of 2.80, a current ratio of 1.59 and a quick ratio of 1.57. The stock has a market capitalization of $6.21 billion, a P/E ratio of 166.57, a price-to-earnings-growth ratio of 0.91 and a beta of 2.07. The company’s fifty day simple moving average is $25.83 and its 200-day simple moving average is $20.84.
About WillScot Mobile Mini
WillScot Mobile Mini Holdings Corp. provides modular space and portable storage solutions in the United States, Canada, Mexico, and the United Kingdom. The company leases various office space and storage solutions for temporary applications across a customer base in the commercial and industrial, construction, retail, education, health care, government, transportation, security, and energy sectors.
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