Fourth quarter earnings estimates for 2018 for WillScot Corp. issued by Oppenheimer (WSC) – BharataPress



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WillScot Corp. (NASDAQ: WSC) – Equity researchers at Oppenheimer lowered their estimates of fourth quarter net earnings per share in 2018 for WillScot in a research note sent to investors on Monday, July 9. Oppenheimer badyst S. Schneeberger now expects the company to earn $ 0.02 per share for the quarter, down from its previous estimate of $ 0.07. Oppenheimer also issued estimates for WillScot's profit for fiscal year 2019, at a profit per share of $ 0.23 and a profit for the year2020, at a profit per share of $ 0.68.

WillScot (NASDAQ: WSC) released its financial results for the last time on Thursday, May 3rd. The company reported EPS of $ 0.01 for the quarter, compared with the consensus estimate of $ 0.02 of $ 0.02. The company achieved a turnover of $ 134.75 million for the quarter, against a consensus estimate of $ 132.49 million.

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A number of other research companies have also recently published reports on WSC. Jefferies Financial Group began hedging WillScot's stock in a research report on Monday. They set a "buy" rating for the company. Zacks Investment Research cut WillScot's shares from a "hold" rating to a "sell" rating in a research report on Saturday, July 7th. SunTrust Banks began hedging WillScot shares in a research report on Wednesday, April 11th. They set a "buy" rating and a $ 16 price goal for the company. Finally, ValuEngine updated WillScot's shares from a "sell" rating to a "sustain" rating in a research report on Tuesday, June 5th. An badyst rated the stock with a sales note, one issued a standby note and four gave a buy-to-action note. WillScot currently has an average rating of "Buy" and a consensus price target of $ 15.33.

WillScot opened at $ 15.75 on Wednesday, reports Marketbeat Ratings. The company has a market capitalization of $ 1.31 billion and a price-earnings ratio of -4.05. WillScot has a minimum of $ 9.45 in one year and $ 16.05 in one year. The company has a ratio of 0.75, a ratio of 0.82 and a debt ratio of 1.39.

Hedge funds recently added or reduced their holdings in the stock. Fort Baker Capital Management LP acquired a new position in WillScot during the fourth quarter, valued at approximately $ 9,199,000. Tibra Equities Europe Ltd has acquired a new position in WillScot during the 1st quarter valued at approximately $ 1,012,000. Schwab Charles Investment Management Inc. has acquired a new position in WillScot during the 1st quarter valued at approximately $ 1,520,000. Virtu Financial LLC acquired a new position in WillScot in the fourth quarter, valued at approximately $ 321,000. Finally, STA Wealth Management LLC acquired a new position in WillScot in the fourth quarter, valued at approximately $ 167,000. Institutional investors and hedge funds hold 39.79% of the shares of the company.

In addition, Director Mark S. Bartlett acquired 25,000 shares in a deal on Tuesday, May 8. The stock was acquired at an average cost of $ 12.59 per share, for a total transaction of $ 314,750.00. The transaction was disclosed in a SEC deposit, which is available through this link. 66.27% of the shares are held by insiders.

About WillScot

WillScot Corporation, through its subsidiaries, provides a variety of specialty rental services in the United States, Canada and Mexico. He is involved in the rental and sale of mobile offices, modular buildings and storage products. The company offers a variety of modular units, including stacked and stackable desks, single-width modular units, modular modules and red-plex complexes, clbadrooms, container offices and other modular spaces. ; and portable storage units, such as shipping containers with hinged doors.

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