BidaskClub cut shares of Mobile Mini (NASDAQ:MINI) from a buy rating to a hold rating in a research note released on Thursday morning.

MINI has been the subject of a number of other reports. Oppenheimer reaffirmed a buy rating and set a $36.00 price target on shares of Mobile Mini in a research note on Monday, October 23rd. Needham & Company LLC reaffirmed a buy rating and set a $38.00 price target on shares of Mobile Mini in a research note on Sunday, October 22nd. Sidoti reaffirmed a neutral rating on shares of Mobile Mini in a research note on Friday, October 13th. Zacks Investment Research raised Mobile Mini from a sell rating to a hold rating in a research note on Wednesday, December 27th. Finally, KeyCorp reaffirmed a hold rating on shares of Mobile Mini in a research note on Wednesday, October 4th. Six research analysts have rated the stock with a hold rating and two have given a buy rating to the stock. Mobile Mini presently has an average rating of Hold and an average target price of $37.00.

Mobile Mini (NASDAQ:MINI) traded up $1.30 on Thursday, hitting $37.10. The stock had a trading volume of 132,614 shares, compared to its average volume of 100,470. Mobile Mini has a 52 week low of $26.70 and a 52 week high of $38.00. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.18 and a quick ratio of 0.15. The stock has a market cap of $1,644.53, a P/E ratio of 33.13, a PEG ratio of 1.94 and a beta of 2.35.

Mobile Mini (NASDAQ:MINI) last posted its quarterly earnings results on Friday, October 20th. The industrial products company reported $0.27 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.32 by ($0.05). Mobile Mini had a return on equity of 5.86% and a net margin of 8.22%. The firm had revenue of $136.64 million for the quarter, compared to analysts’ expectations of $133.73 million. During the same period last year, the business earned $0.31 earnings per share. The firm’s revenue for the quarter was up 6.0% on a year-over-year basis. equities analysts forecast that Mobile Mini will post 1.11 earnings per share for the current year.

In related news, Director Stephen A. Mcconnell sold 4,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 30th. The stock was sold at an average price of $36.10, for a total value of $144,400.00. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 6.50% of the stock is currently owned by company insiders.

Hedge funds have recently modified their holdings of the stock. Dynamic Technology Lab Private Ltd raised its stake in shares of Mobile Mini by 103.3% in the 2nd quarter. Dynamic Technology Lab Private Ltd now owns 17,623 shares of the industrial products company’s stock valued at $526,000 after acquiring an additional 8,953 shares in the last quarter. Riverbridge Partners LLC raised its stake in shares of Mobile Mini by 53.6% in the 3rd quarter. Riverbridge Partners LLC now owns 1,330,145 shares of the industrial products company’s stock valued at $45,823,000 after acquiring an additional 464,332 shares in the last quarter. Parametric Portfolio Associates LLC raised its stake in shares of Mobile Mini by 17.2% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 104,731 shares of the industrial products company’s stock valued at $3,126,000 after acquiring an additional 15,342 shares in the last quarter. Schwab Charles Investment Management Inc. raised its stake in shares of Mobile Mini by 6.3% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 251,130 shares of the industrial products company’s stock valued at $7,497,000 after acquiring an additional 14,900 shares in the last quarter. Finally, State Street Corp raised its stake in shares of Mobile Mini by 5.4% in the 2nd quarter. State Street Corp now owns 1,144,832 shares of the industrial products company’s stock valued at $34,179,000 after acquiring an additional 58,990 shares in the last quarter.

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About Mobile Mini

Mobile Mini, Inc is a provider of portable storage solutions. The Company, through its subsidiary, Evergreen Tank Solutions, Inc (ETS), is a provider of specialty containment solutions in the United States. The Company manages its business as two portable storage solutions business segments, North America and the U.K., and one specialty containment business segment.

Analyst Recommendations for Mobile Mini (NASDAQ:MINI)

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