WillScot (NASDAQ:WSC) Price Target Cut to $26.00 by Analysts at Oppenheimer

WillScot (NASDAQ:WSC) had its target price reduced by Oppenheimer from $29.00 to $26.00 in a report issued on Friday,Benzinga reports. Oppenheimer currently has an outperform rating on the stock.

Several other brokerages have also recently issued reports on WSC. Weiss Ratings reaffirmed a “sell (d)” rating on shares of WillScot in a research note on Monday, August 17th. UBS Group decreased their target price on shares of WillScot from $29.00 to $18.00 and set a “neutral” rating on the stock in a research note on Friday, October 16th. Barclays boosted their target price on WillScot from $24.00 to $26.00 and gave the stock an “equal weight” rating in a report on Monday, August 10th. Robert W. Baird dropped their price target on WillScot from $28.00 to $21.00 and set a “neutral” rating for the company in a research report on Monday, October 12th. Finally, Bank of America reaffirmed a “buy” rating and issued a $26.00 price target on shares of WillScot in a report on Friday. Four analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, WillScot currently has a consensus rating of “Hold” and an average target price of $24.11.

WillScot Price Performance

NASDAQ WSC traded up $1.02 on Friday, hitting $18.86. The company had a trading volume of 6,732,409 shares, compared to its average volume of 3,145,742. WillScot has a 12-month low of $14.91 and a 12-month high of $29.77. The company has a debt-to-equity ratio of 3.80, a current ratio of 0.81 and a quick ratio of 0.74. The company’s fifty day moving average price is $17.97 and its 200-day moving average price is $21.81. The company has a market capitalization of $3.42 billion, a PE ratio of -55.47, a PEG ratio of 1.12 and a beta of 1.37.

WillScot (NASDAQ:WSC) last released its earnings results on Thursday, November 5th. The company reported $0.29 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.01. WillScot had a positive return on equity of 21.62% and a negative net margin of 3.00%. The business had revenue of $601.34 million for the quarter, compared to the consensus estimate of $586.11 million. During the same quarter last year, the business posted $0.30 earnings per share. The business’s quarterly revenue was up 6.1% compared to the same quarter last year. As a group, analysts predict that WillScot will post 1.13 earnings per share for the current year.

WillScot Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 16th. Shareholders of record on Wednesday, December 2nd will be paid a dividend of $0.07 per share. The ex-dividend date of this dividend is Wednesday, December 2nd. This represents a $0.28 annualized dividend and a yield of 1.5%. WillScot’s dividend payout ratio (DPR) is -73.68%.

Hedge Funds Weigh In On WillScot

Several large investors have recently modified their holdings of WSC. Turtle Creek Asset Management Inc. raised its holdings in WillScot by 27.3% in the 1st quarter. Turtle Creek Asset Management Inc. now owns 7,870,039 shares of the company’s stock valued at $136,624,000 after buying an additional 1,686,077 shares during the period. Dimensional Fund Advisors LP boosted its stake in WillScot by 10.9% during the first quarter. Dimensional Fund Advisors LP now owns 4,110,002 shares of the company’s stock worth $71,339,000 after buying an additional 404,469 shares during the period. Nykredit A S acquired a new stake in shares of WillScot during the second quarter valued at about $75,934,000. Van Berkom & Associates Inc. increased its position in shares of WillScot by 6.4% during the third quarter. Van Berkom & Associates Inc. now owns 2,605,874 shares of the company’s stock valued at $44,769,000 after acquiring an additional 155,673 shares during the last quarter. Finally, Douglas Lane & Associates LLC raised its stake in shares of WillScot by 5.4% in the 3rd quarter. Douglas Lane & Associates LLC now owns 1,811,269 shares of the company’s stock valued at $31,118,000 after acquiring an additional 92,065 shares during the period. Institutional investors and hedge funds own 95.81% of the company’s stock.

Trending Headlines about WillScot

Here are the key news stories impacting WillScot this week:

• Positive Sentiment: WillScot reported Q3 adjusted earnings of $0.29 per share, above the $0.28 consensus, and revenue of $601.3 million versus expectations of $586.1 million. Revenue grew 6.1% year over year, and the company said it exceeded its Q3 outlook for revenue and adjusted EBITDA. WillScot Reports Third Quarter 2026 Results
• Positive Sentiment: The company’s early 2027 outlook calls for adjusted EBITDA growth and deleveraging, while its updated 2026 outlook slightly exceeds expectations—supporting the view that operating performance and debt reduction are progressing. WillScot exceeds Q3 expectations and slightly exceeds full-year outlook
• Positive Sentiment: WillScot declared a quarterly dividend of $0.07 per share, payable December 16 to shareholders of record December 2. WillScot Declares Quarterly Cash Dividend
• Neutral Sentiment: Oppenheimer lowered its price target from $29 to $26 but maintained an “outperform” rating, indicating a more cautious valuation while retaining a bullish view. Tickerreport coverage of Oppenheimer’s rating update
• Negative Sentiment: Management expects only low-single-digit organic revenue growth and mid-single-digit organic EBITDA growth in 2027, with higher fleet investment. That more moderate growth profile and spending could temper optimism despite the projected EBITDA gains. WillScot signals 2027 growth outlook

WillScot Company Profile

WillScot Holdings Corporation (NASDAQ: WSC) provides flexible workspace and storage solutions primarily to customers across North America. The company offers modular buildings, mobile offices, portable classrooms, storage units and other temporary or permanent space solutions for businesses, schools, construction sites, health care organizations, government agencies and other institutions.

In addition to renting and selling modular space and portable storage products, WillScot provides related services such as delivery, installation, relocation, site improvements, furnishings and facility services.