WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) has a beta value of 1.75 and has seen 0.78 million shares traded in the last trading session. The company, currently valued at $6.69B, closed the last trade at $29.32 per share which meant it lost -$0.24 on the day or -0.81% during that session. The WSC stock price is -3.62% off its 52-week high price of $30.38 and 46.35% above the 52-week low of $15.73. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.31 million shares traded. The 3-month trading volume is 1.92 million shares.
The consensus among analysts is that WillScot Mobile Mini Holdings Corp. (WSC) is a Buy stock at the moment, with a recommendation rating of 1.60. 0 analysts rate the stock as a Sell, while 1 rate it as Overweight. 1 out of 11 have rated it as a Hold, with 9 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is $0.17.
WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) trade information
Sporting -0.81% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on Friday, 09/03/21 when the WSC stock price touched $29.32 or saw a rise of 2.36%. Year-to-date, WillScot Mobile Mini Holdings Corp. shares have moved 26.54%, while the 5-day performance has seen it change -0.61%. Over the past 30 days, the shares of WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) have changed 3.79%. Short interest in the company has seen 13.77 million shares shorted with days to cover at 10.59.
Wall Street analysts have a consensus price target for the stock at $35.55, which means that the shares’ value could jump 17.52% from current levels. The projected low price target is $30.00 while the price target rests at a high of $39.00. In that case, then, we find that the current price level is -33.02% off the targeted high while a plunge would see the stock gain -2.32% from current levels.
WillScot Mobile Mini Holdings Corp. (WSC) estimates and forecasts
Figures show that WillScot Mobile Mini Holdings Corp. shares have outperformed across the wider relevant industry. The company’s shares have gained 16.21% over the past 6 months, with this year growth rate of 70.73%, compared to 17.80% for the industry. Other than that, the company has, however, increased its growth outlook for the 2021 fiscal year revenue. Growth estimates for the current quarter are 70.00% and 200.00% for the next quarter. Revenue growth from the last financial year stood is estimated to be 34.50%.
10 analysts offering their estimates for the company have set an average revenue estimate of $461.1 million for the current quarter. 9 have an estimated revenue figure of $467.07 million for the next quarter concluding in Sep 2021. Year-ago sales stood $257.77 million and $417.31 million respectively for this quarter and the next, and analysts expect sales will grow by 78.90% for the current quarter and 11.90% for the next.
Earnings growth for 2021 is a modest 418.00% while over the next 5 years, the company’s earnings are expected to increase by 60.43%.
WillScot Mobile Mini Holdings Corp. is expected to release its next earnings report between November 03 and November 08 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)’s Major holders
Insiders own 12.33% of the company shares, while shares held by institutions stand at 92.53% with a share float percentage of 105.55%. Investors are also buoyed by the number of investors in a company, with WillScot Mobile Mini Holdings Corp. having a total of 362 institutions that hold shares in the company. The top two institutional holders are Vanguard Group, Inc. (The) with over 20.37 million shares worth more than $567.59 million. As of Jun 29, 2021, Vanguard Group, Inc. (The) held 9.00% of shares outstanding.
The other major institutional holder is Blackrock Inc., with the holding of over 17.35 million shares as of Jun 29, 2021. The firm’s total holdings are worth over $483.65 million and represent 7.67% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are JP Morgan Small Cap Equity Fund and Vanguard Small-Cap Index Fund. As of Jun 29, 2021, the former fund manager holds about 2.52% shares in the company for having 5.7 million shares of worth $158.76 million while later fund manager owns 5.64 million shares of worth $157.27 million as of Jun 29, 2021, which makes it owner of about 2.49% of company’s outstanding stock.