In yesterday’s Wall Street session, WillScot Holdings Corp (NASDAQ:WSC) shares traded at $36.54, up 10.26% from the previous session.
WSC stock price is now -3.78% away from the 50-day moving average and -10.32% away from the 200-day moving average. The market capitalization of the company currently stands at $7.44B.
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With the price target reduced from $46 to $35, Deutsche Bank Downgraded its rating from Buy to Hold for WillScot Holdings Corp (NASDAQ: WSC). On October 24, 2024, Robert W. Baird Downgraded its previous ‘Outperform’ rating to ‘Neutral’ on the stock keeping its target price maintained at $42, while ‘Barclays’ rates the stock as ‘Equal Weight’
In other news, Soultz Bradley Lee, Chief Executive Officer bought 5,000 shares of the company’s stock on Sep 18 ’24. The stock was bought for $194,855 at an average price of $38.97. Upon completion of the transaction, the Chief Executive Officer now directly owns 149,686 shares in the company, valued at $5.47 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 07 ’24, Chief Executive Officer Soultz Bradley Lee bought 5,000 shares of the business’s stock. A total of $192,200 was incurred on buying the stock at an average price of $38.44. This leaves the insider owning 157,771 shares of the company worth $5.76 million. A total of 2.71% of the company’s stock is owned by insiders.
During the past 12 months, WillScot Holdings Corp has had a low of $32.71 and a high of $52.16. As of last week, the company has a debt-to-equity ratio of 3.69, a current ratio of 0.90, and a quick ratio of 0.82. According to the stock market information, the enterprise value for the company is $10636632064, which is based on a 318.29 price-to-earnings ratio, a 24.21 price-to-earnings-growth ratio, and a beta of 1.37. The fifty day moving average price for WSC is $37.974 and a two-hundred day moving average price translates $40.7454 for the stock.
The latest earnings results from WillScot Holdings Corp (NASDAQ: WSC) was released for 2024-09-30. The net profit margin was 1.05% and return on equity was 2.13% for WSC. The company reported revenue of $601.43 million for the quarter, compared to $604.83 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -0.56 percent.
