Mobile Mini (NASDAQ:MINI) was downgraded by equities researchers at BidaskClub from a “hold” rating to a “sell” rating in a research note issued on Friday.

MINI has been the topic of several other reports. ValuEngine lowered shares of Mobile Mini from a “buy” rating to a “hold” rating in a research report on Friday, September 7th. Needham & Company LLC increased their price target on shares of Mobile Mini to $55.00 and gave the company a “buy” rating in a research report on Monday, October 22nd. Berenberg Bank began coverage on shares of Mobile Mini in a research report on Wednesday, September 19th. They issued a “buy” rating and a $53.00 price target on the stock. Zacks Investment Research upgraded shares of Mobile Mini from a “hold” rating to a “buy” rating and set a $47.00 price target on the stock in a research report on Wednesday, October 24th. Finally, Robert W. Baird lowered shares of Mobile Mini from an “outperform” rating to a “neutral” rating and lowered their price target for the company from $48.00 to $44.00 in a research report on Monday, October 22nd. Two analysts have rated the stock with a sell rating, five have given a hold rating and five have given a buy rating to the company. The company presently has an average rating of “Hold” and an average target price of $47.11.

Shares of MINI opened at $36.30 on Friday. The company has a current ratio of 0.19, a quick ratio of 0.17 and a debt-to-equity ratio of 0.38. Mobile Mini has a twelve month low of $32.40 and a twelve month high of $50.40. The stock has a market cap of $1.66 billion, a price-to-earnings ratio of 31.29, a P/E/G ratio of 1.58 and a beta of 1.68.

Mobile Mini (NASDAQ:MINI) last issued its earnings results on Friday, October 19th. The industrial products company reported $0.42 earnings per share for the quarter, topping the consensus estimate of $0.41 by $0.01. The company had revenue of $149.71 million for the quarter, compared to analyst estimates of $148.75 million. Mobile Mini had a net margin of 12.05% and a return on equity of 7.95%. The firm’s revenue for the quarter was up 9.6% compared to the same quarter last year. During the same period in the prior year, the business posted $0.25 earnings per share. Equities analysts anticipate that Mobile Mini will post 1.68 EPS for the current year.

Hedge funds have recently added to or reduced their stakes in the company. Belpointe Asset Management LLC acquired a new stake in Mobile Mini during the third quarter worth approximately $116,000. Renaissance Technologies LLC acquired a new stake in Mobile Mini during the third quarter worth approximately $219,000. Marshall Wace North America L.P. acquired a new stake in Mobile Mini during the third quarter worth approximately $233,000. Measured Wealth Private Client Group LLC acquired a new stake in Mobile Mini during the second quarter worth approximately $243,000. Finally, We Are One Seven LLC acquired a new stake in Mobile Mini during the third quarter worth approximately $335,000. Institutional investors and hedge funds own 99.17% of the company’s stock.

Mobile Mini Company Profile

Mobile Mini, Inc provides portable storage and specialty containment solutions. It operates through three segments: Storage Solutions North America, Storage Solutions United Kingdom, and Tank and Pump Solutions. The company offers various portable storage and office products, such as steel storage containers and steel ground level offices serving retailers, construction companies, medical centers, schools, utilities, distributors, the military, hotels, restaurants, entertainment complexes, and households for use in a range of applications, including storage of construction materials and equipment, retail and manufacturing inventory, maintenance supplies, documents and records, and household goods.

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Analyst Recommendations for Mobile Mini (NASDAQ:MINI)

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