WillScot Holdings Corp (NASDAQ: WSC) has a higher price-to-earnings ratio of 306.53x compared to its average ratio. WSC has 36-month beta value of 1.36. Analysts have mixed views on the stock, with 4 analysts rating it as a “buy,” 1 as “overweight,” 5 as “hold,” and 0 as “sell.”
The public float for WSC is 179.73M, and currently, short sellers hold a 7.48% ratio of that float. The average trading volume of WSC on November 19, 2024 was 2.86M shares.
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WSC) stock’s latest price update
The stock of WillScot Holdings Corp (NASDAQ: WSC) has increased by 2.36 when compared to last closing price of 34.38.Despite this, the company has seen a loss of -7.73% in its stock price over the last five trading days. globenewswire.com reported 2024-11-04 that PHOENIX, Nov. 04, 2024 (GLOBE NEWSWIRE) — WillScot Holdings Corporation (“WillScot” or the “Company”) (Nasdaq: WSC), a leader in innovative temporary flexible space solutions, today announced that it will participate in the Baird Global Industrial Conference on November 12, 2024, in Chicago, IL.
WSC’s Market Performance
WillScot Holdings Corp (WSC) has experienced a -7.73% fall in stock performance for the past week, with a -5.73% drop in the past month, and a -4.97% drop in the past quarter. The volatility ratio for the week is 4.41%, and the volatility levels for the past 30 days are at 4.22% for WSC. The simple moving average for the past 20 days is -6.25% for WSC’s stock, with a -12.67% simple moving average for the past 200 days.
Analysts’ Opinion of WSC
Many brokerage firms have already submitted their reports for WSC stocks, with Deutsche Bank repeating the rating for WSC by listing it as a “Hold.” The predicted price for WSC in the upcoming period, according to Deutsche Bank is $35 based on the research report published on October 31, 2024 of the current year 2024.
Robert W. Baird, on the other hand, stated in their research note that they expect to see WSC reach a price target of $42. The rating they have provided for WSC stocks is “Neutral” according to the report published on October 24th, 2024.
Barclays gave a rating of “Equal Weight” to WSC, setting the target price at $44 in the report published on September 19th of the current year.
WSC Trading at -7.09% 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 -32.53% of loss for the given period.
Volatility was left at 4.22%, however, over the last 30 days, the volatility rate increased by 4.41%, as shares sank -6.63% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.62% lower at present.
During the last 5 trading sessions, WSC fell by -7.73%, which changed the moving average for the period of 200-days by -30.26% in comparison to the 20-day moving average, which settled at $37.54. In addition, WillScot Holdings Corp saw -20.92% 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 Olsson Erik, who purchase 5,000 shares at the price of $35.34 back on Nov 15 ’24. After this action, Olsson Erik now owns 626,306 shares of WillScot Holdings Corp, valued at $176,700 using the latest closing price.
SALLY SHANKS, the Officer of WillScot Holdings Corp, proposed sale 14,059 shares at $34.69 during a trade that took place back on Nov 18 ’24, which means that SALLY SHANKS is holding shares at $487,680 based on the most recent closing price.
Stock Fundamentals for WSC
Current profitability levels for the company are sitting at:
- 0.17 for the present operating margin
- 0.54 for the gross margin
The net margin for WillScot Holdings Corp stands at 0.01. The total capital return value is set at 0.08. Equity return is now at value 2.13, with 0.42 for asset returns.
Based on WillScot Holdings Corp (WSC), the company’s capital structure generated 0.78 points at debt to capital in total, while cash flow to debt ratio is standing at 0.17. The debt to equity ratio resting at 3.44. The interest coverage ratio of the stock is 1.8.
Currently, EBITDA for the company is 1.01 billion with net debt to EBITDA at 5.98. When we switch over and look at the enterprise to sales, we see a ratio of 4.31. The receivables turnover for the company is 5.4for trailing twelve months and the total asset turnover is 0.4. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.90.
Conclusion
To put it simply, WillScot Holdings Corp (WSC) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others 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.
