WillScot Corp (NASDAQ:WSC) – Equities researchers at Oppenheimer lifted their FY2020 EPS estimates for WillScot in a research note issued to investors on Friday, July 12th. Oppenheimer analyst S. Schneeberger now forecasts that the company will post earnings per share of $0.56 for the year, up from their previous estimate of $0.53.

WillScot (NASDAQ:WSC) last announced its earnings results on Thursday, May 2nd. The company reported ($0.09) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.06) by ($0.03). WillScot had a positive return on equity of 0.95% and a negative net margin of 6.34%. The business had revenue of $255.00 million for the quarter, compared to the consensus estimate of $254.20 million. The firm’s revenue was up 89.2% compared to the same quarter last year.

Several other brokerages have also recently commented on WSC. TheStreet raised shares of WillScot from a “d-” rating to a “c-” rating in a report on Wednesday, May 8th. DA Davidson assumed coverage on shares of WillScot in a report on Tuesday, June 25th. They set a “buy” rating and a $19.00 target price on the stock. Zacks Investment Research raised shares of SCHNEIDER ELEC /ADR from a “hold” rating to a “buy” rating and set a $20.00 target price on the stock in a report on Friday, July 5th. Finally, 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. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $17.31.

Shares of WSC opened at $15.04 on Monday. WillScot has a 12 month low of $8.21 and a 12 month high of $18.19. The stock’s 50 day simple moving average is $14.59. The company has a market capitalization of $1.78 billion, a PE ratio of 79.16, a PEG ratio of 8.08 and a beta of 1.77. The company has a debt-to-equity ratio of 2.46, a current ratio of 1.10 and a quick ratio of 1.03.

A number of large investors have recently made changes to their positions in WSC. Bronfman E.L. Rothschild L.P. bought a new stake in shares of WillScot during the fourth quarter worth $33,000. Zurcher Kantonalbank Zurich Cantonalbank grew its stake in shares of WillScot by 78.0% during the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,606 shares of the company’s stock worth $51,000 after buying an additional 2,019 shares during the last quarter. Metropolitan Life Insurance Co. NY grew its stake in shares of WillScot by 356.6% during the fourth quarter. Metropolitan Life Insurance Co. NY now owns 10,854 shares of the company’s stock worth $102,000 after buying an additional 8,477 shares during the last quarter. Paloma Partners Management Co bought a new stake in shares of WillScot during the fourth quarter worth $114,000. Finally, Oppenheimer & Co. Inc. bought a new stake in shares of WillScot during the first quarter worth $169,000. 47.62% of the stock is currently owned by institutional investors and hedge funds.

WillScot Company Profile

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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Earnings History and Estimates for WillScot (NASDAQ:WSC)

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