What Happened?
Shares of temporary space provider WillScot (NASDAQ:WSC) fell 2.3% in the afternoon session after an analyst at DA Davidson lowered the price target on its shares and after a report showed a significant institutional investor sold its entire stake. The move came after DA Davidson analyst Brent Thielman reduced the price target to $32.00 from $35.00, though the 'Buy' rating on the stock was maintained. This adjustment signaled a less optimistic valuation for the company.
The stock market overreacts to news, and big price drops can present good opportunities to buy high-quality stocks. Is now the time to buy WillScot Mobile Mini? Access our full analysis report here.
What Is The Market Telling Us
WillScot Mobile Mini’s shares are very volatile and have had 22 moves greater than 5% over the last year. In that context, today’s move indicates the market considers this news meaningful but not something that would fundamentally change its perception of the business.
The previous big move we wrote about was 4 days ago when the stock dropped 13.2% on the news that the company reported disappointing third-quarter 2025 financial results that missed Wall Street's expectations and provided a bleak outlook. The company's revenue fell 5.8% year-over-year to $566.8 million, falling short of analysts' forecasts. Its adjusted EBITDA, a key measure of profitability, also came in below consensus estimates. Compounding the issue, WillScot's revenue guidance for the next quarter of $545 million was significantly weaker than anticipated. This downbeat forecast signaled potential ongoing challenges, heightening investor concerns about the company's near-term performance.
WillScot Mobile Mini is down 46.5% since the beginning of the year, and at $17.85 per share, it is trading 54.5% below its 52-week high of $39.21 from December 2024. Investors who bought $1,000 worth of WillScot Mobile Mini’s shares 5 years ago would now be looking at an investment worth $858.44.
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