WillScot Mobile Mini Holdings Corp (NASDAQ: WSC)’s stock price has increased by 2.27 compared to its previous closing price of 38.30. However, the company has seen a 5.98% increase in its stock price over the last five trading sessions. InvestorPlace reported 2024-05-06 that Last May, I selected the three most undervalued Nasdaq stocks to buy at the time. The three stocks were Sirius XM (NASDAQ: SIRI ), LPL Financial (NASDAQ: LPLA ), and Carlyle Group (NASDAQ: CG ).
Is It Worth Investing in WillScot Mobile Mini Holdings Corp (NASDAQ: WSC) Right Now?
WillScot Mobile Mini Holdings Corp (NASDAQ: WSC) has a price-to-earnings ratio of 24.11x that is above its average ratio. Additionally, the 36-month beta value for WSC is 1.40. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 1 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for WSC is 184.50M and currently, short sellers hold a 6.91% ratio of that float. The average trading volume of WSC on May 08, 2024 was 2.02M shares.
WSC’s Market Performance
WSC stock saw a decrease of 5.98% in the past week, with a monthly decline of -10.20% and a quarterly a decrease of -21.82%. The volatility ratio for the week is 3.31%, and the volatility levels for the last 30 days are 2.90% for WillScot Mobile Mini Holdings Corp (WSC). The simple moving average for the last 20 days is 0.50% for WSC stock, with a simple moving average of -8.66% for the last 200 days.
Analysts’ Opinion of WSC
Many brokerage firms have already submitted their reports for WSC stocks, with Jefferies repeating the rating for WSC by listing it as a “Hold.” The predicted price for WSC in the upcoming period, according to Jefferies is $42 based on the research report published on April 01, 2024 of the current year 2024.
Morgan Stanley, on the other hand, stated in their research note that they expect to see WSC reach a price target of $45. The rating they have provided for WSC stocks is “Equal-Weight” according to the report published on January 08th, 2024.
Wells Fargo gave a rating of “Overweight” to WSC, setting the target price at $52 in the report published on October 11th of the previous year.
WSC Trading at -9.44% from the 50-Day Moving Average
After a stumble in the market that brought WSC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -24.90% of loss for the given period.
Volatility was left at 2.90%, however, over the last 30 days, the volatility rate increased by 3.31%, as shares sank -9.48% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -18.41% lower at present.
During the last 5 trading sessions, WSC rose by +5.98%, which changed the moving average for the period of 200-days by -18.33% in comparison to the 20-day moving average, which settled at $38.77. In addition, WillScot Mobile Mini Holdings Corp saw -11.98% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at WSC starting from Soultz Bradley Lee, who purchase 5,000 shares at the price of $38.44 back on May 07 ’24. After this action, Soultz Bradley Lee now owns 157,771 shares of WillScot Mobile Mini Holdings Corp, valued at $192,200 using the latest closing price.
SAGANSKY JEFFREY, the Director of WillScot Mobile Mini Holdings Corp, sale 75,000 shares at $47.50 during a trade that took place back on Mar 08 ’24, which means that SAGANSKY JEFFREY is holding 2,420,905 shares at $3,562,612 based on the most recent closing price.
Stock Fundamentals for WSC
Current profitability levels for the company are sitting at:
- 0.27 for the present operating margin
- 0.56 for the gross margin
The net margin for WillScot Mobile Mini Holdings Corp stands at 0.13. The total capital return value is set at 0.12. Equity return is now at value 22.32, with 5.46 for asset returns.
Based on WillScot Mobile Mini Holdings Corp (WSC), the company’s capital structure generated 0.74 points at debt to capital in total, while cash flow to debt ratio is standing at 0.22. The debt to equity ratio resting at 2.84. The interest coverage ratio of the stock is 3.01.
Currently, EBITDA for the company is 1.02 billion with net debt to EBITDA at 4.26. When we switch over and look at the enterprise to sales, we see a ratio of 4.69. The receivables turnover for the company is 5.3for trailing twelve months and the total asset turnover is 0.39. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.97.
Conclusion
In conclusion, WillScot Mobile Mini Holdings Corp (WSC) has seen bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
