WillScot (NASDAQ:WSC) Shares Cross Above 50-Day Moving Average Following Analyst Downgrade

Key Points

• WillScot shares rose 5.7% and moved above their 50-day moving average of $17.97, trading at $18.86. Barclays raised its price target from $24 to $26 while maintaining an equal-weight rating.
• Analyst sentiment remains broadly neutral: the stock has an average “Hold” rating and a consensus price target of $24.11.
• Third-quarter results beat expectations, with adjusted EPS of $0.29 and revenue of $601.3 million, up 6.1% year over year. The company expects further EBITDA growth and deleveraging, though its 2027 outlook points to modest organic revenue growth and higher fleet investment.

WillScot Holdings Corporation (NASDAQ:WSC - Get Free Report) shares crossed above its 50-day moving average during trading on Friday after Barclays raised their price target on the stock from $24.00 to $26.00. The stock has a 50-day moving average of $17.97 and traded as high as $19.30. Barclays currently has an equal weight rating on the stock. WillScot shares last traded at $18.86, with a volume of 6,732,409 shares trading hands.

Several other equities analysts also recently weighed in on WSC. Robert W. Baird set a $26.00 price target on shares of WillScot in a report on Friday, May 8th. Weiss Ratings reaffirmed a "sell (d)" rating on shares of WillScot in a report on Wednesday, May 20th. Citigroup boosted their price target on WillScot from $27.00 to $30.00 and gave the company a "buy" rating in a research report on Wednesday, July 8th. Wall Street Zen upgraded shares of WillScot from a "sell" rating to a "hold" rating in a report on Saturday, May 9th. Finally, Morgan Stanley boosted their price objective on shares of WillScot from $23.00 to $29.00 and gave the company an "equal weight" rating in a research note on Tuesday, May 12th. Four equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Hold" and an average target price of $24.11.

Trending Headlines about WillScot

Here are the key news stories impacting WillScot this week:

• Positive Sentiment: WillScot reported Q3 adjusted earnings of $0.29 per share, above the $0.28 consensus, and revenue of $601.3 million versus expectations of $586.1 million. Revenue grew 6.1% year over year, and the company said it exceeded its Q3 outlook for revenue and adjusted EBITDA. WillScot Reports Third Quarter 2026 Results
• Positive Sentiment: The company’s early 2027 outlook calls for adjusted EBITDA growth and deleveraging, while its updated 2026 outlook slightly exceeds expectations—supporting the view that operating performance and debt reduction are progressing. WillScot exceeds Q3 expectations and slightly exceeds full-year outlook
• Positive Sentiment: WillScot declared a quarterly dividend of $0.07 per share, payable December 16 to shareholders of record December 2. WillScot Declares Quarterly Cash Dividend
• Neutral Sentiment: Oppenheimer lowered its price target from $29 to $26 but maintained an “outperform” rating, indicating a more cautious valuation while retaining a bullish view. Tickerreport coverage of Oppenheimer’s rating update
• Negative Sentiment: Management expects only low-single-digit organic revenue growth and mid-single-digit organic EBITDA growth in 2027, with higher fleet investment. That more moderate growth profile and spending could temper optimism despite the projected EBITDA gains. WillScot signals 2027 growth outlook

Institutional Trading of WillScot

Large investors have recently made changes to their positions in the company. Ancora Advisors LLC bought a new stake in WillScot in the second quarter valued at approximately $43,000. Signaturefd LLC raised its stake in shares of WillScot by 73.6% in the third quarter. Signaturefd LLC now owns 1,746 shares of the company's stock worth $30,000 after buying an additional 740 shares during the period. Elevation Wealth Partners LLC increased its holdings in WillScot by 620.5% in the 3rd quarter. Elevation Wealth Partners LLC now owns 1,758 shares of the company's stock valued at $30,000 after acquiring an additional 1,514 shares during the last quarter. Parallel Advisors LLC grew its holdings in WillScot by 96.3% during the 1st quarter. Parallel Advisors LLC now owns 4,051 shares of the company's stock valued at $70,000 after purchasing an additional 1,987 shares during the last quarter. Finally, Rockefeller Capital Management L.P. raised its position in WillScot by 78.2% during the 4th quarter. Rockefeller Capital Management L.P. now owns 5,575 shares of the company's stock valued at $105,000 after purchasing an additional 2,447 shares in the last quarter. Institutional investors own 95.81% of the company's stock.

WillScot Trading Up 5.7%

The company's 50 day simple moving average is $17.97 and its two-hundred day simple moving average is $21.81. The company has a market capitalization of $3.42 billion, a price-to-earnings ratio of -55.47, a P/E/G ratio of 1.12 and a beta of 1.37. The company has a quick ratio of 0.74, a current ratio of 0.81 and a debt-to-equity ratio of 3.80.

WillScot (NASDAQ:WSC - Get Free Report) last issued its quarterly earnings results on Thursday, November 5th. The company reported $0.29 earnings per share for the quarter, beating analysts' consensus estimates of $0.28 by $0.01. The firm had revenue of $601.34 million for the quarter, compared to analyst estimates of $586.11 million. WillScot had a negative net margin of 3.00% and a positive return on equity of 21.62%. WillScot's quarterly revenue was up 6.1% compared to the same quarter last year. During the same period last year, the company posted $0.30 EPS. As a group, research analysts anticipate that WillScot Holdings Corporation will post 1.13 earnings per share for the current fiscal year.

WillScot Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 16th. Investors of record on Wednesday, December 2nd will be paid a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Wednesday, December 2nd. WillScot's dividend payout ratio is presently -73.68%.

WillScot Company Profile

WillScot Holdings Corporation NASDAQ: WSC provides flexible workspace and storage solutions primarily to customers across North America. The company offers modular buildings, mobile offices, portable classrooms, storage units and other temporary or permanent space solutions for businesses, schools, construction sites, health care organizations, government agencies and other institutions.

In addition to renting and selling modular space and portable storage products, WillScot provides related services such as delivery, installation, relocation, site improvements, furnishings and facility services.

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