The price of WillScot Mobile Mini Holdings Corp (NASDAQ: WSC) closed at $45.16 in the last session, down -2.10% from day before closing price of $46.13. In other words, the price has decreased by -$0.97 from its previous closing price. On the day, 2108767 shares were traded.
Ratios:
We take a closer look at WSC’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 782.76 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.75. 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 this company, Morgan Stanley on January 08, 2024, initiated with a Equal-Weight rating and assigned the stock a target price of $45.
On October 11, 2023, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $52.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 8.57B and an Enterprise Value of 12.36B. As of this moment, WillScot’s Price-to-Earnings (P/E) ratio for their current fiscal year is 30.12, and their Forward P/E ratio for the next fiscal year is 16.90. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.08. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.63 while its Price-to-Book (P/B) ratio in mrq is 6.80. Its current Enterprise Value per Revenue stands at 5.23 whereas that against EBITDA is 12.22.
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 46.60, while the 200-Day Moving Average is calculated to be 43.82.
Shares Statistics:
According to the various share statistics, WSC traded on average about 1.84M shares per day over the past 3-months and 1.57M shares per day over the past 10 days. A total of 189.97M shares are outstanding, with a floating share count of 184.25M. Insiders hold about 3.01% of the company’s shares, while institutions hold 96.55% stake in the company. Shares short for WSC as of Feb 29, 2024 were 13.52M with a Short Ratio of 7.36, compared to 9.58M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 7.12% and a Short% of Float of 7.33%.
Earnings Estimates
The company has 11 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.38 for the current quarter, with a high estimate of $0.46 and a low estimate of $0.33, while EPS last year was $0.36. The consensus estimate for the next quarter is $0.48, with high estimates of $0.56 and low estimates of $0.43.
Analysts are recommending an EPS of between $2.38 and $1.82 for the fiscal current year, implying an average EPS of $2.06. EPS for the following year is $2.67, with 11 analysts recommending between $3.16 and $2.32.
Revenue Estimates
According to 9 analysts, the current quarter’s revenue is expected to be $588.32M. It ranges from a high estimate of $604.92M to a low estimate of $570.15M. As of the current estimate, WillScot Mobile Mini Holdings Corp’s year-ago sales were $565.47M, an estimated increase of 4.00% from the year-ago figure. For the next quarter, 9 analysts are estimating revenue of $624.58M, an increase of 7.20% over than the figure of $4.00% in the same quarter last year. There is a high estimate of $636.66M for the next quarter, whereas the lowest estimate is $610.08M.
A total of 11 analysts have provided revenue estimates for WSC’s current fiscal year. The highest revenue estimate was $2.6B, while the lowest revenue estimate was $2.49B, resulting in an average revenue estimate of $2.55B. In the same quarter a year ago, actual revenue was $2.36B, up 8.00% from the average estimate. Based on 11 analysts’ estimates, the company’s revenue will be $2.79B in the next fiscal year. The high estimate is $2.9B and the low estimate is $2.65B. The average revenue growth estimate for next year is up 9.20% from the average revenue estimate for this year.
