While WillScot Holdings Corp has underperformed by -5.36%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, WSC fell by -10.88%, with highs and lows ranging from $52.16 to $32.71, whereas the simple moving average fell by -13.51% in the last 200 days.
On October 31, 2024, Deutsche Bank Downgraded WillScot Holdings Corp (NASDAQ: WSC) to Hold. A report published by Robert W. Baird on October 24, 2024, Downgraded its rating to ‘Neutral’ for WSC. Barclays also Downgraded WSC shares as ‘Equal Weight’, setting a target price of $44 on the company’s shares in a report dated September 19, 2024. Jefferies April 01, 2024d the rating to Hold on April 01, 2024, and set its price target from $58 to $42. Morgan Stanley initiated its ‘Equal-Weight’ rating for WSC, as published in its report on January 08, 2024. Wells Fargo’s report from October 11, 2023 suggests a price prediction of $52 for WSC shares, giving the stock a ‘Overweight’ rating. William Blair also rated the stock as ‘Outperform’.
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Analysis of WillScot Holdings Corp (WSC)
Further, the quarter-over-quarter decrease in sales is -0.56%, showing a negative trend in the upcoming months.
There are several well-rounded types of analysis and research techniques that can be used to gain a clear view of WillScot Holdings Corp’s future performance, with equity being one of the most critical indicators. The goal here is to ensure that your current return on equity of 2.13% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.82, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
As an indicator of volatility for any stock, average volume can also be very valuable, and WSC is recording an average volume of 2.76M. On a monthly basis, the volatility of the stock is set at 4.09%, whereas on a weekly basis, it is put at 4.36%, with a loss of -11.84% over the past seven days. Furthermore, long-term investors anticipate a median target price of $40.75, showing growth from the present price of $34.98, which can serve as yet another indication of whether WSC is worth investing in or should be passed over.
How Do You Analyze WillScot Holdings Corp Shares?
WillScot Holdings Corp (WSC) is based in the USA and is one of the most prominent companies operating in the Rental & Leasing Services market. When comparing WillScot Holdings Corp shares with other companies under Industrials, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 304.70, there is a growth in quarterly earnings of -181.49%.
Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 2.73%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 103.46% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
WSC shares are owned by institutional investors to the tune of 103.46% at present.
