Equities research analysts at DA Davidson began coverage on shares of WillScot (NASDAQ:WSC) in a research report issued to clients and investors on Tuesday, June 25th, MarketBeat reports. The firm set a “buy” rating and a $19.00 price target on the stock. DA Davidson’s price objective indicates a potential upside of 26.67% from the stock’s current price. DA Davidson also issued estimates for WillScot’s Q2 2019 earnings at ($0.03) EPS, Q3 2019 earnings at $0.10 EPS, Q4 2019 earnings at $0.19 EPS, FY2019 earnings at $0.18 EPS and FY2020 earnings at $0.85 EPS.
Other research analysts have also issued reports about the stock. TheStreet raised shares of WillScot from a “d-” rating to a “c-” rating in a research note on Wednesday, May 8th. Bank of America set a $18.00 price objective on shares of Victory Capital and gave the company a “buy” rating in a research note on Tuesday, April 2nd. Finally, Zacks Investment Research lowered shares of Inflarx from a “buy” rating to a “hold” rating in a research note on Friday, May 3rd. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. WillScot currently has an average rating of “Buy” and an average price target of $17.31.
Shares of WillScot stock traded up $0.11 on Tuesday, reaching $15.00. 286,000 shares of the stock were exchanged, compared to its average volume of 589,314. The firm’s 50 day simple moving average is $14.61. The stock has a market cap of $1.76 billion, a price-to-earnings ratio of 78.95, a PEG ratio of 8.22 and a beta of 1.77. WillScot has a one year low of $8.21 and a one year high of $18.19. The company has a debt-to-equity ratio of 2.46, a quick ratio of 1.03 and a current ratio of 1.10.
A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Bronfman E.L. Rothschild L.P. purchased a new position in shares of WillScot in the fourth quarter worth about $33,000. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in shares of WillScot by 78.0% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,606 shares of the company’s stock worth $51,000 after purchasing an additional 2,019 shares in the last quarter. Bank of Montreal Can increased its stake in shares of WillScot by 3,531.9% in the fourth quarter. Bank of Montreal Can now owns 9,007 shares of the company’s stock worth $85,000 after purchasing an additional 8,759 shares in the last quarter. Metropolitan Life Insurance Co. NY increased its stake in shares of WillScot by 356.6% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 10,854 shares of the company’s stock worth $102,000 after purchasing an additional 8,477 shares in the last quarter. Finally, Paloma Partners Management Co purchased a new position in shares of WillScot in the fourth quarter worth about $114,000. Institutional investors and hedge funds own 47.62% of the company’s stock.
Willscot Corp. operates as a holding company, which engages in the provision of modular space and portable storage markets. Its services include furniture rental, transportation and logistics, storage & facilities services and commercial real estate. The company was founded by Albert Vaughn Williams in 1944 and is headquartered in Baltimore, MD.
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