Is it time to Buy before this week’s earning report WillScot Mobile Mini (NASDAQ:WSC)

Earnings results for WillScot Mobile Mini (NASDAQ:WSC)

WillScot Mobile Mini Holdings Corp. is expected* to report earnings on 11/05/2020 after market close. The report will be for the fiscal Quarter ending Sep 2020. According to Zacks Investment Research, based on 7 analysts’ forecasts, the consensus EPS forecast for the quarter is $0.14. The reported EPS for the same quarter last year was $0.06.

WillScot Mobile Mini last released its quarterly earnings data on August 10th, 2020. The reported $0.10 earnings per share for the quarter, beating the consensus estimate of $0.06 by $0.04. The company earned $256.90 million during the quarter, compared to the consensus estimate of $256.40 million. Its quarterly revenue was down 2.6% on a year-over-year basis. WillScot Mobile Mini has generated $0.23 earnings per share over the last year and currently has a price-to-earnings ratio of 115.3. WillScot Mobile Mini has confirmed that its next quarterly earnings report will be published on Thursday, November 5th, 2020.

Analyst Opinion on WillScot Mobile Mini (NASDAQ:WSC)

10 Wall Street analysts have issued ratings and price targets for WillScot Mobile Mini in the last 12 months. Their average twelve-month price target is $19.10, predicting that the stock has a possible upside of 3.58%. The high price target for WSC is $22.00 and the low price target for WSC is $16.00. There are currently 2 hold ratings and 8 buy ratings for the stock, resulting in a consensus rating of “Buy.”

WillScot Mobile Mini has received a consensus rating of Buy. The company’s average rating score is 2.80, and is based on 8 buy ratings, 2 hold ratings, and no sell ratings. According to analysts’ consensus price target of $19.10, WillScot Mobile Mini has a forecasted upside of 3.6% from its current price of $18.44. WillScot Mobile Mini has only been the subject of 4 research reports in the past 90 days.

Dividend Strength: WillScot Mobile Mini (NASDAQ:WSC)

WillScot Mobile Mini does not currently pay a dividend. WillScot Mobile Mini does not have a long track record of dividend growth.

Insiders buying/selling: WillScot Mobile Mini (NASDAQ:WSC)

In the past three months, WillScot Mobile Mini insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $3,685,568.00 in company stock. 63.50% of the stock of WillScot Mobile Mini is held by insiders. A high percentage of insider ownership can be a sign of company health. Only 29.92% of the stock of WillScot Mobile Mini is held by institutions.

Earnings and Valuation of WillScot Mobile Mini (NASDAQ:WSC

Earnings for WillScot Mobile Mini are expected to grow by 26.47% in the coming year, from $0.68 to $0.86 per share. The P/E ratio of WillScot Mobile Mini is 115.26, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 19.27. The P/E ratio of WillScot Mobile Mini is 115.26, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 56.17. WillScot Mobile Mini has a PEG Ratio of 0.91. PEG Ratios below 1 indicate that a company could be undervalued. WillScot Mobile Mini has a P/B Ratio of 3.04. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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