WillScot Holdings Corp. (NASDAQ: WSC) Stock Could Reward Investors With A Loss Of -35.17%

In today’s recent session, 2.66 million shares of the WillScot Holdings Corp. (NASDAQ:WSC) have been traded, and its beta is 1.35. Most recently the company’s share price was $40.69, and it changed around $0.5 or 1.23% from the last close, which brings the market valuation of the company to $7.67B. WSC at last check was trading at a discount to its 52-week high of $52.16, offering almost -28.19% off that amount. The share price’s 52-week low was $33.23, which indicates that the recent value has risen by an impressive 18.33% since then. We note from WillScot Holdings Corp.’s average daily trading volume that its 10-day average is 1.45 million shares, with the 3-month average coming to 2.02 million.

WillScot Holdings Corp. stock received a consensus recommendation rating of Buy, based on a mean score of 1.67. If we narrow it down even further, the data shows that 0 out of 2 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 0 recommended WSC as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. WillScot Holdings Corp. is expected to report earnings per share of 0.45 for the current quarter.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

WillScot Holdings Corp. (NASDAQ:WSC) trade information

Instantly WSC has been showing a green trend so far today with a performance of 1.23% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 41.31 on recent trading dayincreased the stock’s daily price by 1.5%. The company’s shares are currently down -8.57% year-to-date, but still up 6.09% over the last five days. On the other hand, WillScot Holdings Corp. (NASDAQ:WSC) is 9.93% up in the 30-day period. We can see from the shorts that 15.18 million shares have been sold at a short interest cover period of 7.96 day(s).

The consensus price target as assigned by Wall Street analysts is $50, which translates to bulls needing to increase their stock price by 18.62% from its current value. Analyst projections state that WSC is forecast to be at a low of $42 and a high of $55.

WillScot Holdings Corp. (WSC) estimates and forecasts

WillScot Holdings Corp. share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -12.58 percent over the past six months and at a 4.14% annual growth rate that is well below the industry average of 6.90%. The year-over-year growth rate is expected to be 3.80%, up from the previous year.

Consensus estimates provided by 8 financial analysts predict the company will bring in an average of 619.24M in revenue for the current quarter. 8 analysts expect WillScot Holdings Corp. to make 644.47M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 604.83M and 612.38M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 2.40%. Forecasts for the next quarter put sales growth at 5.20%.

WillScot Holdings Corp. earnings are expected to increase by 8.11% in 2024, but the outlook is positive 14.82% per year for the next five years.

WSC Dividends

WillScot Holdings Corp.’s next quarterly earnings report is expected to be released on 2024-Oct-30.

WillScot Holdings Corp. (NASDAQ:WSC)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 2.62% of WillScot Holdings Corp. shares, and 105.08% of them are in the hands of institutional investors. The stock currently has a share float of 107.91%. WillScot Holdings Corp. stock is held by 543.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 8.8965% of the shares, which is about 16.87 million shares worth $635.17 million.

BLACKROCK INC., with 5.9743% or 11.33 million shares worth $426.54 million as of 2024-06-30, holds the second largest percentage of outstanding shares.

Price (T.Rowe) New Horizons Fund and Vanguard Total Stock Market Index Fund were the top two Mutual Funds as of Jun 30, 2024. The former held 6.15 shares worth $248.81 million, making up 3.26% of all outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held roughly 5.73 shares worth around $232.02 million, which represents about 3.04% of the total shares outstanding.