WillScot Mobile Mini Holdings (WSC) had a great week, with its stock price jumping by 5.81%. The company is a leading provider of modular space and portable storage solutions, serving a diverse range of industries, including construction, education, healthcare, and government. As a technical analyst, let's dive into the company's recent performance and see what might be driving the stock price increase.
Firstly, let's take a look at the company's financials. WillScot Mobile Mini Holdings reported its Q4 and full-year 2021 financial results on February 25th, 2022. The company's total revenue for the fourth quarter was $568.7 million, an increase of 53% compared to the same quarter in 2020. Its full-year revenue for 2021 was $1.8 billion, up 41% from 2020. The company's adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) for the fourth quarter was $167.4 million, an increase of 65% compared to the same quarter in 2020. Its full-year adjusted EBITDA for 2021 was $520.7 million, up 54% from 2020. These impressive financial results are a testament to the company's growth and strong performance.
Another factor that may have contributed to the stock price increase is the recent acquisition of Ironclad Containers, a provider of storage and office solutions in the southeastern United States. The acquisition, which was announced on March 8th, 2022, is expected to increase WillScot Mobile Mini Holdings' scale and market share in the region. The company has a history of successful acquisitions, and investors may be optimistic about the potential benefits of this latest addition to its portfolio.
In addition to the financial results and acquisition, other factors that may be driving the stock price increase include positive sentiment in the overall market, as well as the company's recent inclusion in the S&P 500 index. Being added to a major index can increase demand for a company's stock, as index funds and other investors may need to purchase shares to match the index's composition.
In conclusion, WillScot Mobile Mini Holdings had a strong week, with its stock price increasing by 5.81%. The company's impressive financial results, recent acquisition, and inclusion in the S&P 500 index may have all contributed to this increase. As a leading provider of modular space and portable storage solutions, the company has demonstrated its ability to perform well and grow its business. Investors will undoubtedly be keeping a close eye on WillScot Mobile Mini Holdings in the coming weeks and months to see how the company continues to perform.
The RSI Oscillator for WSC moved out of oversold territory on November 01, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 22 similar instances when the indicator left oversold territory. In of the 22 cases the stock moved higher. This puts the odds of a move higher at .
The Momentum Indicator moved above the 0 level on November 25, 2024. You may want to consider a long position or call options on WSC as a result. In of 79 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for WSC just turned positive on November 25, 2024. Looking at past instances where WSC's MACD turned positive, the stock continued to rise in of 49 cases over the following month. The odds of a continued upward trend are .
WSC moved above its 50-day moving average on November 25, 2024 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for WSC crossed bullishly above the 50-day moving average on December 04, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 21 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where WSC advanced for three days, in of 341 cases, the price rose further within the following month. The odds of a continued upward trend are .
WSC may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 7 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where WSC declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 71, placing this stock better than average.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. WSC’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (6.653) is normal, around the industry mean (4.868). P/E Ratio (26.130) is within average values for comparable stocks, (55.482). Projected Growth (PEG Ratio) (1.483) is also within normal values, averaging (3.039). WSC has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.040). P/S Ratio (3.769) is also within normal values, averaging (3.429).
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
a provider pf mobile and modular space solutions
Industry FinanceRentalLeasing