|Over a week ago|
WillScot Mobile Mini mentioned as long pick by Eminence's Sandler » 12:1603/2303/23/21
Eminence Capital founder…
Eminence Capital founder Ricky Sandler mentioned WillScot Mobile Mini (WSC) as a long investment idea while being interviewed on CNBC.
|Over a month ago|
WillScot Mobile Mini upgraded to Outperform from Neutral at Baird » 05:2103/0303/03/21
Baird analyst Andrew…
Baird analyst Andrew Wittmann upgraded WillScot Mobile Mini to Outperform from Neutral with a price target of $33, up from $31.
WillScot Mobile Mini price target raised to $30 from $23 at Barclays » 07:0903/0203/02/21
Barclays analyst Manav…
Barclays analyst Manav Patnaik raised the firm's price target on WillScot Mobile Mini to $30 from $23 and keeps an Equal Weight rating on the shares. The company's "healthy" Q4 results and fiscal 2021 guidance "highlights continued strong execution and high visibility in the business model," Patnaik tells investors in a research note.
WillScot Mobile Mini 12.75M share Spot Secondary priced at $27.20 » 21:1103/0103/01/21
The deal size was…
The deal size was increased to 12.75M shares from 10.75M and priced below the last closing price of $27.78. Morgan Stanley is acting as sole book running manager for the offering.
WillScot announces offering of 10.75M shares of common stock for holders » 16:3903/0103/01/21
WillScot Mobile Mini…
WillScot Mobile Mini Holdings Corp. announced the launch of an underwritten, secondary offering of 10.75M shares of its common stock. The shares are being offered by the company's principal shareholder, Sapphire Holding S.a r.l., an entity controlled by TDR Capital. Morgan Stanley is acting as sole underwriter for the offering.
WillScot Mobile Mini files to sell 59.68M shares of common stock for holders 16:2803/0103/01/21
WillScot Mobile Mini sees FY21 revenue $1.7B-$1.8B, consensus $1.71B » 16:2602/2502/25/21
Sees FY21 adjusted EBITDA…
Sees FY21 adjusted EBITDA $675M-$715M.
WillScot Mobile Mini reports Q4 revenue $437.65M, consensus $421.14M » 16:2502/2502/25/21
"Our WillScot Mobile…
"Our WillScot Mobile Mini team concluded a transformational year and set the foundation for an exciting new chapter of growth and value creation, despite unprecedented operating challenges," said Brad Soultz, CEO of WillScot Mobile Mini Holdings. "Our portfolio continued to demonstrate its resilience in the fourth quarter as we grew our leasing and services revenue both sequentially and versus prior year, driven by 12.9% average rental rate growth in our NA Modular segment, and impressive rates and volumes in our Storage segments. New order rates, pricing, and value-added products penetration are all trending positively heading into 2021 across our diversified segments and end markets."
Cooperman's Omega Advisors buys GM, exits Lee in Q4 » 12:5502/1602/16/21
GM, WSC, CMCSA, BGS, ORCC, LEE, MP, COOP, ATH, ET, STKL, AMCX, SRGA, MGY, FISV, GOOGL, CI, TRN
Leon Cooperman's Omega Advisors disclosed in an SEC filing its holdings as of December 31, 2020. The fund's seven new buys during the fourth quarter included, by size of position, General Motors (GM), WillScot Mobile Mini (WSC), Comcast Class A (CMCSA), B&G foods (BGS), and Owl Rock Capital (ORCC). Omega exited two positions during the quarter, including by size of previous position Lee Enterprises (LEE). The fund increased its stake in twelve holdings, including by size of previous position MP Materials (MP), Mr Cooper Group (COOP), Athene Holding (ATH), Energy Transfer LP (ET), and SunOpta (STKL). Omega reducsed its stake in five holdings, including by size of previous position AMC Networks (AMCX), Surgalign Holdings (SRGA), and Magnolia Oil & Gas (MGY). The fund's top holdings as of December 31, in order of size, were Mr Cooper, Fiserv (FISV), Alphabet Class A (GOOGL), Cigna (CI), and Trinity Industries (TRN).
WillScot Mobile Mini price target raised to $26 from $22 at Deutsche Bank » 06:5202/0202/02/21
Deutsche Bank analyst…
Deutsche Bank analyst Ashish Sabadra raised the firm's price target on WillScot Mobile Mini to $26 from $22 and keeps a Buy rating on the shares. Infrastructure spend could be spurred by a COVID relief bill, and President Biden's second key measure, "Build Back Better recovery plan," which is expected to be released in February could help drive significant investments in infrastructure, Sabadra tells investors in a research note. The investments should help boost demand for WillScot's modular offices and portable storage as 45% of its revenue is tied to construction, says the analyst.