Let’s look at the key reasons that are pushing WillScot Holdings Corp. (WSC) to new highs

WillScot Holdings Corp. (NASDAQ: WSC) kicked off on Friday, up 3.73% from the previous trading day, before settling in for the closing price of $37.57. Over the past 52 weeks, WSC has traded in a range of $33.23-$52.16.

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Industrials Sector giant saw their annual sales surged by 26.18% over the last five years. While this was happening, its average annual earnings per share was recorded 4.37%. With a float of $183.38 million, this company’s outstanding shares have now reached $189.97 million.

The firm has a total of 5000 workers. Let’s measure their productivity. In terms of profitability, gross margin is 54.33%, operating margin of 25.85%, and the pretax margin is 10.58%.

WillScot Holdings Corp. (WSC) Breakdown of a Key Holders of the stock

Our next focus will be how large-scale investors are participating in this stock of the Rental & Leasing Services Industry. The insider ownership of WillScot Holdings Corp. is 2.71%, while institutional ownership is 103.55%. The most recent insider transaction that took place on Sep 18 ’24, was worth 194,855. In this transaction Chief Executive Officer of this company bought 5,000 shares at a rate of $38.97, taking the stock ownership to the 149,686 shares. Before that another transaction happened on May 07 ’24, when Company’s Chief Executive Officer bought 5,000 for $38.44, making the entire transaction worth $192,200. This insider now owns 157,771 shares in total.

WillScot Holdings Corp. (WSC) Recent Fiscal highlights

In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0.46 earnings per share (EPS), higher than consensus estimate (set at 0.45) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.57 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 4.37% per share during the next fiscal year.

WillScot Holdings Corp. (NASDAQ: WSC) Trading Performance Indicators

Take a look at WillScot Holdings Corp.’s (WSC) current performance indicators. Last quarter, stock had a quick ratio of 0.83. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.05. Likewise, its price to free cash flow for the trailing twelve months is 14.43.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.95, a number that is poised to hit 0.45 in the next quarter and is forecasted to reach 2.21 in one year’s time.

Technical Analysis of WillScot Holdings Corp. (WSC)

Analysing the last 5-days average volume posted by the [WillScot Holdings Corp., WSC], we can find that recorded value of 2.45 million was better than the volume posted last year of 2.08 million. As of the previous 9 days, the stock’s Stochastic %D was 75.77%. Additionally, its Average True Range was 1.13.

During the past 100 days, WillScot Holdings Corp.’s (WSC) raw stochastic average was set at 54.30%, which indicates a significant decrease from 81.64% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.17% in the past 14 days, which was lower than the 36.82% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $37.92, while its 200-day Moving Average is $40.88. Now, the first resistance to watch is $39.92. This is followed by the second major resistance level at $40.86. The third major resistance level sits at $42.02. If the price goes on to break the first support level at $37.82, it is likely to go to the next support level at $36.66. Now, if the price goes above the second support level, the third support stands at $35.72.

WillScot Holdings Corp. (NASDAQ: WSC) Key Stats

The company with the Market Capitalisation of 7.35 billion has total of 190,181K Shares Outstanding. Its annual sales at the moment are 2,365 M in contrast with the sum of 476,460 K annual income. Company’s last quarter sales were recorded 604,590 K and last quarter income was -46,850 K.