Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of WillScot Mobile Mini Holdings Corp (NASDAQ: WSC) was $38.70 for the day, down -2.20% from the previous closing price of $39.57. In other words, the price has decreased by -$2.20 from its previous closing price. On the day, 2.31 million shares were traded. WSC stock price reached its highest trading level at $39.82 during the session, while it also had its lowest trading level at $38.36.
Ratios:
Our analysis of WSC’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 670.79 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.36. For the most recent quarter (mrq), Quick Ratio is recorded 0.93 and its Current Ratio is at 1.01. In the meantime, Its Debt-to-Equity ratio is 3.01 whereas as Long-Term Debt/Eq ratio is at 2.95.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Jefferies on April 01, 2024, Downgraded its rating to Hold and sets its target price to $42 from $58 previously.
On January 08, 2024, Morgan Stanley started tracking the stock assigning a Equal-Weight rating and target price of $45.
On October 11, 2023, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $52.Wells Fargo initiated its Overweight rating on October 11, 2023, with a $52 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 08 ’24 when SAGANSKY JEFFREY sold 75,000 shares for $47.50 per share. The transaction valued at 3,562,612 led to the insider holds 2,420,905 shares of the business.
Soultz Bradley Lee bought 5,000 shares of WSC for $238,788 on Mar 04 ’24. The Chief Executive Officer now owns 13,869 shares after completing the transaction at $47.76 per share. On Nov 08 ’23, another insider, Soultz Bradley Lee, who serves as the Chief Executive Officer of the company, bought 5,000 shares for $35.83 each. As a result, the insider paid 179,154 and bolstered with 43,444 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WSC now has a Market Capitalization of 7376142848 and an Enterprise Value of 11138903040. As of this moment, WillScot’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.81, and their Forward P/E ratio for the next fiscal year is 15.01. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.93. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.11 while its Price-to-Book (P/B) ratio in mrq is 5.83. Its current Enterprise Value per Revenue stands at 4.71 whereas that against EBITDA is 13.99.
Stock Price History:
Over the past 52 weeks, WSC has reached a high of $52.16, while it has fallen to a 52-week low of $34.40. The 50-Day Moving Average of the stock is -16.99%, while the 200-Day Moving Average is calculated to be -11.18%.
Shares Statistics:
WSC traded an average of 1.96M shares per day over the past three months and 1560590 shares per day over the past ten days. A total of 189.97M shares are outstanding, with a floating share count of 184.32M. Insiders hold about 2.97% of the company’s shares, while institutions hold 96.99% stake in the company. Shares short for WSC as of 1711584000 were 13534776 with a Short Ratio of 6.91, compared to 1709164800 on 13524938. Therefore, it implies a Short% of Shares Outstanding of 13534776 and a Short% of Float of 7.33.
Earnings Estimates
The market rating of WillScot Mobile Mini Holdings Corp (WSC) is currently shaped by the ongoing analysis conducted by Wells Fargo & Company analysts closely monitoring its performance.The consensus estimate for the next quarter is $70.17, with high estimates of $53.51 and low estimates of $239.34.
Analysts are recommending an EPS of between $Real Estate and $Industrials for the fiscal current year, implying an average EPS of $Technology.
