rts logo

WillScot Holdings Corp. (WSC) Stock Could Soon Reward Patient Investors

WillScot Holdings Corp. (NASDAQ: WSC) is -7.89% lower on its value in year-to-date trading and has touched a low of $33.23 and a high of $52.16 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The WSC stock was last observed hovering at around $40.45 in the last trading session, with the day’s gains setting it 0.54%.

Currently trading at $40.99, the stock is 6.58% and 7.11% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.12 million and changing 1.33% at the moment leaves the stock -1.36% off its SMA200. WSC registered -1.77% loss for a year compared to 6-month loss of -9.61%. The firm has a 50-day simple moving average (SMA 50) of $38.3114 and a 200-day simple moving average (SMA200) of $41.5572.

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

The stock witnessed a 5.29% gain in the last 1 month and extending the period to 3 months gives it a 6.61%, and is 1.99% 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 4.61% over the week and 3.23% over the month.

WillScot Holdings Corp. (WSC) has around 5000 employees, a market worth around $7.73B and $2.41B in sales. Current P/E ratio is 43.22 and Fwd P/E is 18.33. Profit margin for the company is 7.77%. Distance from 52-week low is 23.35% and -21.41% from its 52-week high. The company has generated returns on investments over the last 12 months (3.86%).

The EPS is expected to grow by 5.49% this year.

WillScot Holdings Corp. (WSC) Top Institutional Holders

544.0 institutions hold shares in WillScot Holdings Corp. (WSC), with institutional investors hold 107.86% of the company’s shares. The shares outstanding are 189.97M, and float is at 183.38M with Short Float at 8.28%. Institutions hold 105.04% of the Float.

The top institutional shareholder in the company is VANGUARD GROUP INC with over 16.87 million shares valued at $635.17 million. The investor’s holdings represent 8.8965% of the WSC Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 11.33 million shares valued at $426.54 million to account for 5.9743 of the shares outstanding. The other top investors are PRICE T ROWE ASSOCIATES INC /MD/ which holds 9.12 million shares representing 4.806% and valued at over $343.13 million, while FRANKLIN RESOURCES INC holds 4.3179 of the shares totaling 8.19 million with a market value of $308.28 million.

WillScot Holdings Corp. (WSC) Insider Activity

The most recent transaction is an insider purchase by Soultz Bradley Lee, the company’s Chief Executive Officer. SEC filings show that Soultz Bradley Lee bought 5,000 shares of the company’s common stock on Sep 18 ’24 at a price of $38.97 per share for a total of $0.19 million. Following the purchase, the insider now owns 0.15 million shares.

WillScot Holdings Corp. disclosed in a document filed with the SEC on May 07 ’24 that Soultz Bradley Lee (Chief Executive Officer) bought a total of 5,000 shares of the company’s common stock. The trade occurred on May 07 ’24 and was made at $38.44 per share for $0.19 million. Following the transaction, the insider now directly holds 0.16 million shares of the WSC stock.

Still, SEC filings show that on Mar 08 ’24, SAGANSKY JEFFREY (Director) disposed off 75,000 shares at an average price of $47.50 for $3.56 million. The insider now directly holds 2,420,905 shares of WillScot Holdings Corp. (WSC).

Related Posts