Barclays started coverage on shares of WillScot (NASDAQ:WSC) in a report released on Monday morning, Marketbeat.com reports. The brokerage issued an equal weight rating and a $18.00 price target on the stock.

Other equities analysts have also recently issued research reports about the stock. Zacks Investment Research raised shares of WillScot from a hold rating to a buy rating and set a $19.00 price target on the stock in a research report on Thursday, August 30th. Deutsche Bank initiated coverage on shares of WillScot in a research report on Monday, October 1st. They issued a buy rating on the stock. Credit Suisse Group initiated coverage on shares of WillScot in a research report on Friday, August 17th. They issued an outperform rating and a $20.00 price target on the stock. Oppenheimer raised their price target on shares of WillScot from $18.00 to $20.00 and gave the company an outperform rating in a research report on Wednesday, October 3rd. Finally, Morgan Stanley assumed coverage on shares of WillScot in a research report on Monday, October 1st. They issued an overweight rating and a $21.00 price target on the stock. Three research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The stock currently has a consensus rating of Buy and an average price target of $18.43.

Shares of NASDAQ WSC opened at $13.73 on Monday. WillScot has a fifty-two week low of $9.70 and a fifty-two week high of $18.19. The stock has a market capitalization of $1.43 billion and a P/E ratio of -3.53. The company has a current ratio of 1.03, a quick ratio of 0.94 and a debt-to-equity ratio of 2.26.

WillScot (NASDAQ:WSC) last announced its quarterly earnings results on Thursday, November 8th. The company reported ($0.37) earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.05) by ($0.32). WillScot had a negative net margin of 26.49% and a negative return on equity of 9.21%. The business had revenue of $218.90 million during the quarter, compared to the consensus estimate of $204.10 million. The firm’s revenue for the quarter was up 88.4% on a year-over-year basis. As a group, sell-side analysts expect that WillScot will post -0.13 earnings per share for the current year.

Several institutional investors have recently bought and sold shares of the business. FNY Investment Advisers LLC lifted its position in shares of WillScot by 32.7% during the 3rd quarter. FNY Investment Advisers LLC now owns 13,140 shares of the company’s stock worth $225,000 after buying an additional 3,240 shares in the last quarter. Teachers Advisors LLC lifted its position in shares of WillScot by 7.6% during the 3rd quarter. Teachers Advisors LLC now owns 64,749 shares of the company’s stock worth $1,110,000 after buying an additional 4,549 shares in the last quarter. Bank of America Corp DE bought a new position in shares of WillScot during the 2nd quarter worth approximately $120,000. Engineers Gate Manager LP lifted its position in shares of WillScot by 15.0% during the 3rd quarter. Engineers Gate Manager LP now owns 61,792 shares of the company’s stock worth $1,060,000 after buying an additional 8,064 shares in the last quarter. Finally, Strs Ohio bought a new position in shares of WillScot during the 2nd quarter worth approximately $140,000. 54.19% of the stock is currently owned by hedge funds and other institutional investors.

WillScot Company Profile

WillScot Corporation, through its subsidiaries, provides various specialty rental services in the United States, Canada, and Mexico. It is involved in the leasing and sale of mobile offices, modular buildings, and storage products. The company offers various modular space units, including panelized and stackable offices, single-wide modular space units, section modulars and redi-plex complexes, classrooms, container offices, and other modular spaces; and portable storage units, such as shipping containers with swing doors.

Featured Article: Stock Symbol

Analyst Recommendations for WillScot (NASDAQ:WSC)

Receive News & Ratings for WillScot Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for WillScot and related companies with MarketBeat.com's FREE daily email newsletter.