WillScot Mobile Mini Holdings Corp. provides work space and portable storage solutions in the United States, Canada, Mexico, and the United Kingdom. The company leases modular space and portable storage units to customers in the commercial and industrial, construction, education, energy and natural resources, government, and other end markets. As of December 31, 2021, it had approximately 390,000 total units, which included 162,000 modular space units; 213,000 portable storage units; 13,000 tank and pump units; and other value-added products. The company offers its solutions primarily under the WillScot and Mobile Mini brands. WillScot Mobile Mini Holdings Corp. was incorporated in 2017 and is headquartered in Phoenix, Arizona.
WillScot Mobile Mini Price Performance
WSC traded down $0.16 during trading on Tuesday, reaching $41.04. The company's stock had a trading volume of 2,476,690 shares, compared to its average volume of 2,191,943. The company has a quick ratio of 0.84, a current ratio of 0.91 and a debt-to-equity ratio of 1.70. The firm has a fifty day simple moving average of $34.99 and a two-hundred day simple moving average of $36.10. WillScot Mobile Mini has a 1 year low of $26.44 and a 1 year high of $42.32. The company has a market cap of $9.13 billion, a price-to-earnings ratio of 36.64, a PEG ratio of 1.18 and a beta of 1.71.
Wall Street Analysts Forecast Growth
Several research firms recently issued reports on WSC. Morgan Stanley lifted their price objective on WillScot Mobile Mini from $46.00 to $50.00 and gave the stock an "overweight" rating in a report on Monday. DA Davidson lifted their price objective on WillScot Mobile Mini to $50.00 in a report on Tuesday. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on WillScot Mobile Mini from $49.00 to $50.00 in a report on Monday. Seven analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, WillScot Mobile Mini has an average rating of "Buy" and a consensus price target of $46.29.
Insiders Place Their Bets
In other WillScot Mobile Mini news, CEO Bradley Lee Soultz bought 2,500 shares of the firm's stock in a transaction on Wednesday, May 18th. The shares were acquired at an average cost of $34.20 per share, with a total value of $85,500.00. Following the purchase, the chief executive officer now directly owns 419,971 shares of the company's stock, valued at approximately $14,363,008.20. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 2.80% of the company's stock.