WillScot (NASDAQ:WSC) announced its quarterly earnings data on Thursday. The company reported $0.06 EPS for the quarter, meeting the consensus estimate of $0.06, Zacks reports. The firm had revenue of $272.34 million for the quarter, compared to analyst estimates of $271.40 million. WillScot had a positive return on equity of 0.55% and a negative net margin of 6.66%. The company’s revenue was up 24.4% on a year-over-year basis. During the same period in the prior year, the company earned ($0.37) EPS.
WSC traded down $0.12 on Friday, hitting $16.41. 1,222,800 shares of the company were exchanged, compared to its average volume of 537,763. The firm has a fifty day simple moving average of $15.86 and a two-hundred day simple moving average of $14.83. The stock has a market capitalization of $1.92 billion, a PE ratio of 86.37, a price-to-earnings-growth ratio of 4.38 and a beta of 1.85. WillScot has a 12 month low of $8.21 and a 12 month high of $17.12. The company has a debt-to-equity ratio of 2.50, a quick ratio of 0.99 and a current ratio of 1.04.
Several equities analysts recently issued reports on the company. Zacks Investment Research upgraded WillScot from a “hold” rating to a “buy” rating and set a $19.00 price target on the stock in a research report on Saturday, October 12th. ValuEngine upgraded WillScot from a “hold” rating to a “buy” rating in a research report on Wednesday. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $15.90.
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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