325 institutions hold shares in WillScot Mobile Mini Holdings Corp. (WSC), with 46.64M shares held by insiders accounting for 20.36% while institutional investors hold 101.16% of the company’s shares. The shares outstanding are 229.07M, and float is at 164.12M with Short Float at 9.74%. Institutions hold 80.56% of the Float.
The top institutional shareholder in the company is Vanguard Group, Inc. (The) with over 14.42 million shares valued at $334.03 million. The investor’s holdings represent 6.29% of the WSC Shares outstanding. As of Dec 30, 2020, the second largest holder is Blackrock Inc. with 12.93 million shares valued at $299.66 million to account for 5.65% of the shares outstanding. The other top investors are JP Morgan Chase & Company which holds 9.27 million shares representing 4.05% and valued at over $214.8 million, while Dimensional Fund Advisors LP holds 3.65% of the shares totaling 8.35 million with a market value of $193.5 million.
WillScot Mobile Mini Holdings Corp. (NASDAQ: WSC) is 29.82% higher on its value in year-to-date trading and has touched a low of $10.70 and a high of $30.34 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The WSC stock was last observed hovering at around $29.88 in the last trading session, with the day’s gains setting it 0.2% off its average median price target of $32.00 for the next 12 months. It is also 14.06% off the consensus price target high of $35.00 offered by 11 analysts, but current levels are -0.27% lower than the price target low of $30.00 for the same period.
Currently trading at $30.08, the stock is 3.95% and 8.93% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.74 million and changing 0.67% at the moment leaves the stock 38.27% off its SMA200. WSC registered 169.65% gain for a year compared to 6-month gain of 63.12%. The firm has a 50-day simple moving average (SMA 50) of $28.04 and a 200-day simple moving average (SMA200) of $24.22.
The stock witnessed a 12.62% loss in the last 1 month and extending the period to 3 months gives it a 29.10%, and is 4.41% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.36% over the week and 2.64% over the month.
WillScot Mobile Mini Holdings Corp. (WSC) has around 4300 employees, a market worth around $6.61B and $1.37B in sales. Current P/E ratio is 89.26 and Fwd P/E is 27.05. Profit margin for the company is 5.20%. Distance from 52-week low is 181.12% and -0.86% from its 52-week high. The company has generated returns on investments over the last 12 months (4.20%).
WillScot Mobile Mini Holdings Corp. (WSC) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for WillScot Mobile Mini Holdings Corp. (WSC) is a “Buy”. 11 analysts offering their recommendations for the stock have an average rating of 1.60, where 1 rate it as a Hold and 1 think it is a “Overweight”. 9 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
WillScot Mobile Mini Holdings Corp. is expected to release its quarterly report on 08/16/2021 and quarterly earnings per share for the current quarter are estimated at $0.16 with sales reaching $420.65M over the same period.The EPS is expected to grow by 418.00% this year, but quarterly earnings will post 29.50% year-over-year. Quarterly sales are estimated to grow 64.40% in year-over-year returns.
WillScot Mobile Mini Holdings Corp. (WSC) Insider Activity
A total of 62 insider transactions have happened at WillScot Mobile Mini Holdings Corp. (WSC) in the last six months, with sales accounting for 32 and purchases happening 30 times. The most recent transaction is an insider sale by Robertson Stephen, the company’s Director. SEC filings show that Robertson Stephen sold 17,412,500 shares of the company’s common stock on Mar 04 at a price of $26.79 per share for a total of $466.39 million. Following the sale, the insider now owns 42.41 million shares.
WillScot Mobile Mini Holdings Corp. disclosed in a document filed with the SEC on Mar 04 that Sapphire Holding S.a r.l. (10% Owner) sold a total of 17,412,500 shares of the company’s common stock. The trade occurred on Mar 04 and was made at $26.79 per share for $466.39 million. Following the transaction, the insider now directly holds 42.31 million shares of the WSC stock.
Still, SEC filings show that on Mar 03, WILLIAMS KELLY M (President & COO) disposed off 362,464 shares at an average price of $27.32 for $9.9 million. The insider now directly holds 114,000 shares of WillScot Mobile Mini Holdings Corp. (WSC).
WillScot Mobile Mini Holdings Corp. (WSC): Who are the competitors?
The company’s main competitors (and peers) include WillScot Mobile Mini Holdings Corp. (WSC) that is trading 169.65% up over the past 12 months. Short interest in the company’s stock has risen 4.31% from the last report on Apr 14, 2021 to stand at a total of 15.98 million short shares sold with a short interest ratio of 11.03.