WillScot (NASDAQ:WSC) Issues Quarterly Earnings Results

WillScot (NASDAQ:WSC) posted its earnings results on Thursday. The company reported $0.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.29 by $0.01, FiscalAI reports. WillScot had a return on equity of 24.83% and a net margin of 4.66%.The company had revenue of $566.84 million for the quarter, compared to analysts’ expectations of $583.52 million. During the same period last year, the business posted $0.38 earnings per share. The firm’s quarterly revenue was down 5.8% compared to the same quarter last year. WillScot updated its Q4 2025 guidance to EPS and its FY 2025 guidance to EPS.

WillScot Price Performance

Shares of WSC opened at $19.55 on Friday. The business’s 50-day moving average is $22.18 and its 200-day moving average is $25.49. The company has a debt-to-equity ratio of 3.55, a current ratio of 0.81 and a quick ratio of 0.74. The company has a market capitalization of $3.56 billion, a price-to-earnings ratio of 32.58, a P/E/G ratio of 1.85 and a beta of 1.15. WillScot has a fifty-two week low of $19.50 and a fifty-two week high of $40.10.

WillScot Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 17th. Shareholders of record on Wednesday, December 3rd will be paid a dividend of $0.07 per share. This represents a $0.28 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Wednesday, December 3rd. WillScot’s payout ratio is 46.67%.

Insider Buying and Selling

In other WillScot news, EVP Hezron T. Lopez sold 22,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 19th. The shares were sold at an average price of $24.63, for a total value of $541,860.00. Following the transaction, the executive vice president owned 54,038 shares in the company, valued at approximately $1,330,955.94. This represents a 28.93% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 3.10% of the company’s stock.

Institutional Investors Weigh In On WillScot

Institutional investors have recently made changes to their positions in the company. Brevan Howard Capital Management LP acquired a new position in WillScot in the second quarter worth approximately $2,093,000. Marshall Wace LLP lifted its stake in WillScot by 831.2% in the second quarter. Marshall Wace LLP now owns 75,334 shares of the company’s stock valued at $2,064,000 after acquiring an additional 67,244 shares during the last quarter. State of Tennessee Department of Treasury grew its position in WillScot by 50.4% in the second quarter. State of Tennessee Department of Treasury now owns 66,599 shares of the company’s stock worth $1,825,000 after acquiring an additional 22,304 shares in the last quarter. American Century Companies Inc. increased its stake in shares of WillScot by 3.0% during the 2nd quarter. American Century Companies Inc. now owns 46,781 shares of the company’s stock worth $1,282,000 after purchasing an additional 1,374 shares during the last quarter. Finally, Corient Private Wealth LLC increased its stake in WillScot by 52.4% during the second quarter. Corient Private Wealth LLC now owns 40,664 shares of the company’s stock valued at $1,114,000 after acquiring an additional 13,973 shares during the period. 95.81% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms recently commented on WSC. Citigroup began coverage on WillScot in a research report on Monday, October 20th. They issued a “buy” rating and a $28.00 target price on the stock. Morgan Stanley dropped their price target on shares of WillScot from $39.00 to $37.00 and set an “overweight” rating on the stock in a research report on Monday, August 4th. Weiss Ratings reiterated a “sell (d+)” rating on shares of WillScot in a report on Wednesday, October 8th. DA Davidson lowered their price objective on shares of WillScot from $40.00 to $35.00 and set a “buy” rating on the stock in a research note on Tuesday, September 30th. Finally, Jefferies Financial Group cut their target price on WillScot from $32.00 to $23.00 and set a “hold” rating for the company in a research report on Monday, September 29th. Four analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $30.38.

WillScot Company Profile

WillScot Holdings Corporation provides workspace and portable storage solutions in the United States, Canada, and Mexico. It operates in two segments, Modular Solutions and Storage Solutions. Its modular solutions include panelized and stackable offices, single-wide modular space units, section modulars and redi-plex, classrooms, ground level offices, blast-resistant modules, clearspan structures, and other modular space; and portable storage solutions, such as portable and cold storage containers, as well as trailers.