WillScot Holdings Corporation (NASDAQ:WSC) Given Average Rating of "Hold" by Brokerages

Key Points

• Analyst consensus: Hold — Ten brokerages cover WillScot (1 sell, 6 hold, 3 buy) with an average 12‑month price target of $25.50.
• Institutional ownership 95.81% — Large holders like RBC, UBS Asset Management, Legal & General and American Century recently increased their stakes.
• Recent quarter: EPS of $0.29 missed the $0.33 estimate and revenue fell 6.1% year‑over‑year to $565.97M; the stock trades around $18.10 (1‑yr range $14.91–$31.88) and pays a $0.07 quarterly dividend (~1.5% yield).

Shares of WillScot Holdings Corporation (NASDAQ:WSC - Get Free Report) have earned an average recommendation of "Hold" from the ten ratings firms that are currently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and three have issued a buy recommendation on the company. The average 12-month price target among brokers that have covered the stock in the last year is $25.50.

WSC has been the subject of several research analyst reports. William Blair reaffirmed a "market perform" rating on shares of WillScot in a report on Thursday, March 5th. Robert W. Baird reissued a "neutral" rating and issued a $23.00 price target (up from $22.00) on shares of WillScot in a report on Wednesday, January 21st. Oppenheimer raised their price objective on shares of WillScot from $24.00 to $25.00 and gave the stock an "outperform" rating in a research report on Monday, February 23rd. Wall Street Zen cut WillScot from a "hold" rating to a "sell" rating in a report on Monday, February 23rd. Finally, Morgan Stanley upped their target price on WillScot from $21.00 to $23.00 and gave the company an "equal weight" rating in a research report on Monday, February 23rd.

Institutional Investors Weigh In On WillScot

A number of hedge funds and other institutional investors have recently modified their holdings of WSC. Royal Bank of Canada boosted its position in shares of WillScot by 24.6% in the first quarter. Royal Bank of Canada now owns 33,684 shares of the company's stock valued at $936,000 after acquiring an additional 6,651 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in WillScot by 1.3% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 724,638 shares of the company's stock worth $20,145,000 after acquiring an additional 8,963 shares during the period. Creative Planning increased its position in WillScot by 6.9% during the second quarter. Creative Planning now owns 15,814 shares of the company's stock worth $433,000 after acquiring an additional 1,024 shares during the period. Legal & General Group Plc raised its stake in WillScot by 1.0% in the 2nd quarter. Legal & General Group Plc now owns 515,778 shares of the company's stock worth $14,132,000 after purchasing an additional 5,228 shares in the last quarter. Finally, American Century Companies Inc. raised its stake in WillScot by 3.0% in the 2nd quarter. American Century Companies Inc. now owns 46,781 shares of the company's stock worth $1,282,000 after purchasing an additional 1,374 shares in the last quarter. Institutional investors and hedge funds own 95.81% of the company's stock.

WillScot Stock Up 6.3%

WSC stock opened at $18.10 on Tuesday. WillScot has a 1-year low of $14.91 and a 1-year high of $31.88. The business's 50 day simple moving average is $20.74 and its 200 day simple moving average is $20.67. The company has a current ratio of 0.86, a quick ratio of 0.78 and a debt-to-equity ratio of 4.15. The firm has a market capitalization of $3.27 billion, a PE ratio of -60.33, a PEG ratio of 1.24 and a beta of 1.08.

WillScot (NASDAQ:WSC - Get Free Report) last released its quarterly earnings data on Thursday, February 19th. The company reported $0.29 EPS for the quarter, missing analysts' consensus estimates of $0.33 by ($0.04). WillScot had a positive return on equity of 20.42% and a negative net margin of 2.32%.The company had revenue of $565.97 million for the quarter, compared to the consensus estimate of $545.34 million. During the same period last year, the firm earned $0.48 earnings per share. The company's revenue for the quarter was down 6.1% compared to the same quarter last year. As a group, research analysts anticipate that WillScot will post 1.77 EPS for the current year.

WillScot Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 18th. Shareholders of record on Wednesday, March 4th were issued 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 was Wednesday, March 4th. WillScot's dividend payout ratio is currently -93.33%.

About WillScot

WillScot NASDAQ: WSC is a leading North American provider of modular space and portable storage solutions. The company designs, manufactures, leases and sells temporary and permanent modular buildings to serve sectors such as education, healthcare, construction, industrial and government. Its modular space offerings range from single‐unit office trailers and classrooms to complex multi‐unit configurations tailored to diverse project requirements.

In addition to modular structures, WillScot offers a broad portfolio of portable storage containers and related services, including site logistics, customization, delivery and installation.

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