WillScot (NASDAQ:WSC) Stock Price Target Cut by Oppenheimer

WillScot (NASDAQ:WSC) had its target price dropped by equities researchers at Oppenheimer from $29.00 to $26.00 in a research report issued to clients and investors on Friday, Benzinga reports. The firm presently has an “outperform” rating on the stock. Oppenheimer‘s price target indicates a potential upside of 35.87% from the company’s previous close.

Several other equities analysts have also recently issued reports on the company. Bank of America reiterated a “buy” rating and set a $26.00 price target on shares of WillScot in a research report on Friday. Weiss Ratings restated a “sell (d)” rating on shares of WillScot in a report on Monday, August 17th. Barclays raised their target price on WillScot from $24.00 to $26.00 and gave the company an “equal weight” rating in a research note on Monday, August 10th. Jefferies Financial Group reaffirmed a “hold” rating and set a $20.00 target price on shares of WillScot in a report on Friday. Finally, UBS Group lowered their target price on WillScot from $29.00 to $18.00 and set a “neutral” rating on the stock in a report on Friday, October 16th. Four analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, WillScot has an average rating of “Hold” and an average price target of $24.11.

WillScot Price Performance

Shares of NASDAQ WSC traded up $1.30 during mid-day trading on Friday, reaching $19.14. 2,172,297 shares of the company traded hands, compared to its average volume of 2,490,816. WillScot has a fifty-two week low of $14.91 and a fifty-two week high of $29.77. The company has a debt-to-equity ratio of 3.80, a current ratio of 0.81 and a quick ratio of 0.74. The firm has a market cap of $3.47 billion, a PE ratio of -50.51, a price-to-earnings-growth ratio of 1.12 and a beta of 1.37. The stock has a fifty day simple moving average of $18.02 and a 200-day simple moving average of $21.82.

WillScot (NASDAQ:WSC) last announced its earnings results on Thursday, November 5th. The company reported $0.29 EPS for the quarter, topping the consensus estimate of $0.28 by $0.01. The firm had revenue of $601.34 million for the quarter, compared to analysts’ expectations of $586.11 million. WillScot had a positive return on equity of 21.62% and a negative net margin of 3.00%. The firm’s quarterly revenue was up 6.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.30 earnings per share. Equities research analysts anticipate that WillScot will post 1.13 EPS for the current fiscal year.

Institutional Trading of WillScot

Several large investors have recently added to or reduced their stakes in the company. Nykredit A S purchased a new stake in shares of WillScot in the second quarter valued at $75,934,000. Turtle Creek Asset Management Inc. boosted its position in shares of WillScot by 27.3% in the first quarter. Turtle Creek Asset Management Inc. now owns 7,870,039 shares of the company’s stock worth $136,624,000 after buying an additional 1,686,077 shares during the period. Bank of New York Mellon Corp purchased a new position in shares of WillScot during the second quarter valued at $38,500,000. Ranger Investment Management L.P. purchased a new position in shares of WillScot during the second quarter valued at $24,082,000. Finally, Dimensional Fund Advisors LP grew its holdings in shares of WillScot by 10.9% during the first quarter. Dimensional Fund Advisors LP now owns 4,110,002 shares of the company’s stock valued at $71,339,000 after buying an additional 404,469 shares in the last quarter. 95.81% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting WillScot

Here are the key news stories impacting WillScot this week:

• Positive Sentiment: Q3 adjusted earnings were $0.29 per share, ahead of the $0.28 consensus, while revenue of $601.34 million topped estimates of $586.11 million and increased 6.1% year over year. The company also said it exceeded its Q3 outlook for revenue and adjusted EBITDA. WillScot Reports Third Quarter 2026 Results
• Positive Sentiment: WillScot’s full-year outlook slightly exceeded expectations, with modular business growth and enterprise accounts cited as supports for the improved outlook. Q3 results and outlook
• Neutral Sentiment: The company declared a quarterly dividend of $0.07 per share, payable December 16 to shareholders of record December 2. That equates to $0.28 annualized, or about a 1.5% yield. WillScot Declares Quarterly Cash Dividend
• Neutral Sentiment: For 2027, WillScot signaled low-single-digit organic revenue growth and mid-single-digit organic EBITDA growth, alongside expectations for deleveraging. These point to continued growth, but at a measured pace. WillScot’s 2027 outlook
• Negative Sentiment: Q3 EPS was slightly below the $0.30 reported a year earlier, and the 2027 outlook includes higher fleet investment, which may weigh on near-term cash generation. Q3 earnings results

About WillScot

WillScot Holdings Corporation (NASDAQ: WSC) provides flexible workspace and storage solutions primarily to customers across North America. The company offers modular buildings, mobile offices, portable classrooms, storage units and other temporary or permanent space solutions for businesses, schools, construction sites, health care organizations, government agencies and other institutions.

In addition to renting and selling modular space and portable storage products, WillScot provides related services such as delivery, installation, relocation, site improvements, furnishings and facility services.