WSC - Willscot Corp Stock Price, Fair Value and News

39.19USD+0.02 (+0.05%)Market Closed

Market Summary

USD39.19+0.02

Market Closed

0.05%

WSC Alerts

1 major insider buys recently.

Big fall in earnings (Y/Y)

WSC Stock Price

View Fullscreen

WSC RSI Chart

WSC Valuation

Market Cap

7.4B

Price/Earnings (Trailing)

23.15

Price/Sales (Trailing)

3.12

EV/EBITDA

15.03

Price/Free Cashflow

9.32

WSC Price/Sales (Trailing)

WSC Profitability

EBT Margin

18.23%

Return on Equity

24.38%

Return on Assets

5.21%

Free Cashflow Yield

10.73%

WSC Fundamentals

WSC Revenue

Revenue (TTM)

2.4B

Rev. Growth (Yr)

3.84%

Rev. Growth (Qtr)

-4.11%

WSC Earnings

Earnings (TTM)

321.8M

Earnings Growth (Yr)

-73.33%

Earnings Growth (Qtr)

-34.85%

Breaking Down WSC Revenue

52 Week Range

38.6049.77

(Low)(High)

Last 7 days

6.0%

Last 30 days

-10.9%

Last 90 days

-22.7%

Trailing 12 Months

-11.5%

How does WSC drawdown profile look like?

WSC Financial Health

Current Ratio

0.97

Debt/Equity

2.63

Debt/Cashflow

0.24

WSC Investor Care

Buy Backs (1Y)

6.00%

Diluted EPS (TTM)

1.64

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2024	2.4B	0	0	0
2023	2.3B	2.3B	2.3B	2.4B
2022	1.8B	1.9B	2.0B	2.1B
2021	1.5B	1.6B	1.6B	1.7B
2020	1.1B	1.1B	1.2B	1.4B
2019	870.3M	993.7M	1.0B	1.1B
2018	481.4M	511.6M	614.4M	751.4M
2017	423.3M	423.1M	428.6M	445.9M
2016	446.7M	440.0M	433.3M	426.6M
2015	0	0	0	453.3M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Willscot Corp

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 07, 2024	soultz bradley lee	bought	192,200	38.44	5,000	chief executive officer
Mar 14, 2024	boswell timothy d	gifted	-	-	-267,274	president & cfo
Mar 08, 2024	sagansky jeffrey	sold	-3,562,610	47.5015	-75,000	-
Mar 05, 2024	lopez hezron t.	sold (taxes)	-34,619	46.72	-741	evp, cl & co & esg
Mar 05, 2024	boswell timothy d	sold (taxes)	-83,348	46.72	-1,784	president & cfo
Mar 05, 2024	boswell timothy d	acquired	-	-	4,261	president & cfo
Mar 05, 2024	soultz bradley lee	acquired	-	-	13,111	chief executive officer
Mar 05, 2024	shanks sally j	acquired	-	-	1,118	chief accounting officer
Mar 05, 2024	soultz bradley lee	sold (taxes)	-164,501	46.72	-3,521	chief executive officer
Mar 05, 2024	lopez hezron t.	acquired	-	-	3,040	evp, cl & co & esg

Which funds bought or sold WSC recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
May 06, 2024	Advisors Capital Management, LLC	unchanged	-	38,000	887,000	0.02%
May 06, 2024	Quantbot Technologies LP	added	68.01	1,606,230	3,731,950	0.21%
May 06, 2024	Schechter Investment Advisors, LLC	new	-	324,942	324,942	0.02%
May 06, 2024	Jefferies Financial Group Inc.	sold off	-100	-1,039,750	-	-%
May 06, 2024	Advisory Services Network, LLC	sold off	-100	-5,296	-	-%
May 06, 2024	Yarra Square Partners LP	unchanged	-	388,174	9,025,050	7.81%
May 06, 2024	DiNuzzo Private Wealth, Inc.	unchanged	-	98.00	2,279	-%
May 06, 2024	SG Americas Securities, LLC	sold off	-100	-136,000	-	-%
May 06, 2024	Parallel Advisors, LLC	added	25.62	2,824	11,858	-%
May 06, 2024	Sciencast Management LP	reduced	-64.57	-983,376	577,995	0.35%

Are Funds Buying or Selling WSC?

Are funds buying WSC calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own WSC

No. of Funds

Unveiling Willscot Corp's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 14, 2024	price t rowe associates inc /md/	5.9%	11,220,134	SC 13G
Feb 13, 2024	vanguard group inc	9.14%	17,516,434	SC 13G/A
Feb 09, 2024	fmr llc	-	0	SC 13G/A
Jan 29, 2024	blackrock inc.	6.0%	11,553,229	SC 13G/A
May 10, 2023	fmr llc	-	0	SC 13G/A
Feb 09, 2023	fmr llc	-	0	SC 13G/A
Feb 09, 2023	vanguard group inc	9.36%	19,555,613	SC 13G/A
Feb 07, 2023	blackrock inc.	6.2%	13,022,318	SC 13G/A
Feb 09, 2022	fmr llc	-	0	SC 13G
Feb 03, 2022	blackrock inc.	8.6%	19,191,083	SC 13G/A

Recent SEC filings of Willscot Corp

View All Filings

Date Filed	Form Type	Document
May 07, 2024	4	Insider Trading
May 06, 2024	S-4/A	Mergers and Acquisition
May 02, 2024	10-Q	Quarterly Report
May 02, 2024	425	Prospectus Filed
May 02, 2024	8-K	Current Report
May 02, 2024	8-K	Current Report
Apr 22, 2024	DEF 14A	DEF 14A
Apr 12, 2024	PRE 14A	PRE 14A
Apr 08, 2024	S-4	Mergers and Acquisition
Mar 18, 2024	4	Insider Trading

Peers (Alternatives to Willscot Corp)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
ADP	100.3B	18.9B	0.11%	14.39%	27.12	5.3	7.08%	13.46%
CTAS	70.3B	9.4B	2.80%	50.48%	46.74	7.47	9.34%	15.98%
CPRT	53.8B	4.1B	-1.08%	40.87%	39.65	13.25	10.52%	25.37%
EFX	29.3B	5.4B	-7.58%	18.00%	52.46	5.47	5.76%	-4.95%
BAH	19.6B	10.3B	3.10%	65.53%	47.98	1.9	13.90%	-5.05%
ALLE	10.9B	3.6B	-6.04%	15.52%	20.1	3	4.33%	10.69%
MID-CAP
RHI	7.3B	6.2B	-7.07%	4.18%	20.81	1.19	-13.83%	-42.32%
AL	5.3B	2.7B	-5.44%	27.24%	9.12	1.96	15.08%	16.51%
SRCL	4.4B	2.6B	-8.57%	7.98%	-225.16	1.66	-3.11%	-123.81%
ABM	2.8B	8.2B	0.27%	4.61%	10.88	0.34	3.98%	33.49%
SMALL-CAP
AZZ	1.9B	2.7B	-2.99%	111.86%	18.84	0.71	104.63%	188.16%
ALTG	387.8M	1.9B	-8.23%	-12.51%	43.57	0.21	19.40%	-4.30%
ARC	114.2M	281.2M	0.74%	-1.09%	13.87	0.41	-1.68%	-25.77%
AQMS	54.9M	1.1M	-27.94%	-56.25%	-2.29	49.78	336.95%	-55.13%
AWX	8.3M	80.5M	-3.03%	-16.10%	-4.62	0.1	-0.82%	-207.00%

Willscot Corp News

Latest updates

Willscot Corp Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Revenue	-4.1%	587	612	605	582	565	591	578	523	451	461	433	405	374	438	417	257	256	278	268	264	254
Gross Profit	-7.7%	317	343	340	328	323	328	298	275	234	247	220	192	186	234	210	110	106	109	99.00	101	103
S&GA Expenses	14.5%	168	146	152	147	151	139	140	150	138	119	127	122	117	97.00	112	64.00	66.00	62.00	65.00	70.00	73.00
EBITDA Margin	-3.7%	0.30*	0.32*	0.31*	0.30*	0.29*	0.27*	0.23*	0.22*	0.21*	0.20*	0.18*	0.10*	0.07*	-	-	-	-	-	-	-	-
Interest Expenses	-4.3%	57.00	59.00	54.00	47.00	45.00	45.00	38.00	33.00	31.00	28.00	29.00	29.00	30.00	30.00	33.00	29.00	28.00	30.00	30.00	32.00	31.00
Income Taxes	67.9%	17.00	10.00	8.00	9.00	6.00	7.00	-1.36	25.00	3.00	-11.18	7.00	19.00	10.00	70.00	-66.67	-0.28	1.00	-0.17	-1.22	-1.20	0.00
Earnings Before Taxes	-37.9%	73.00	118	124	119	107	127	106	81.00	51.00	39.00	62.00	39.00	15.00	-1.77	-72.73	-14.41	92.00	-100	-0.22	-12.62	-9.65
EBT Margin	-8.0%	0.18*	0.20*	0.20*	0.20*	0.19*	0.17*	0.14*	0.13*	0.11*	0.09*	0.07*	-0.01*	-0.05*	-	-	-	-	-	-	-	-
Net Income	-34.9%	56.00	86.00	92.00	88.00	211	86.00	129	73.00	51.00	74.00	61.00	20.00	4.00	4.00	-6.05	-14.13	92.00	-36.43	-1.49	-56.00	-26.82
Net Income Margin	-33.1%	0.13*	0.20*	0.20*	0.22*	0.22*	0.16*	0.16*	0.14*	0.12*	0.10*	0.05*	0.01*	-0.01*	-	-	-	-	-	-	-	-
Free Cashflow	-5.5%	202	214	185	198	142	187	200	179	135	138	127	129	115	-	-	-	-	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Assets	0.7%	6,180	6,138	6,075	5,719	5,610	5,828	5,810	5,979	5,858	5,774	5,644	5,560	5,539	5,572	5,625	3,502	2,858	2,898	2,811	2,796	2,791
Current Assets	1.1%	575	569	569	545	525	521	540	540	496	483	478	440	404	422	414	941	290	293	304	299	303
Cash Equivalents	20.0%	13.00	11.00	6.00	8.00	16.00	7.00	15.00	12.00	11.00	13.00	11.00	15.00	27.00	25.00	20.00	664	5.00	3.00	4.00	5.00	13.00
Inventory	0.5%	48.00	47.00	45.00	44.00	42.00	41.00	45.00	42.00	40.00	30.00	31.00	32.00	24.00	24.00	23.00	15.00	15.00	15.00	16.00	15.00	17.00
Net PPE	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	187	165	167
Goodwill	-0.1%	1,176	1,177	1,158	1,012	1,012	1,011	1,065	1,172	1,177	1,014	1,178	1,181	1,179	962	943	937	233	235	235	246	243
Liabilities	-0.3%	4,860	4,877	4,763	4,280	4,046	4,262	4,129	4,205	3,892	3,777	3,688	3,554	3,533	3,508	3,587	2,831	2,211	2,342	2,127	2,112	2,097
Current Liabilities	6.0%	596	562	547	534	506	562	615	597	529	518	542	500	449	449	451	591	313	320	301	288	276
Long Term Debt	-2.1%	3,466	3,539	3,460	3,036	2,876	3,063	2,936	3,018	2,791	2,672	2,598	2,506	2,454	2,454	2,498	1,971	1,626	1,633	1,710	1,710	1,709
Shareholder's Equity	4.7%	1,320	1,261	1,313	1,439	1,564	1,565	1,681	1,774	1,966	1,997	1,957	2,005	2,006	2,064	2,038	671	647	555	691	691	700
Retained Earnings	7.3%	-718	-775	-861	-952	-1,040	-1,251	-1,337	-1,466	-1,539	-1,591	-1,665	-1,726	-1,746	-1,751	-1,755	-1,749	-1,733	-1,825	-1,703	-1,704	-1,693
Additional Paid-In Capital	-0.3%	2,084	2,089	2,218	2,436	2,667	2,887	3,112	3,296	3,537	3,617	3,656	3,757	3,783	3,852	3,859	2,505	2,409	2,379	2,394	2,392	2,390
Shares Outstanding	0.3%	191	190	193	198	204	208	214	222	223	-	225,998	228,407	228,293	-	-	-	-	-	-	-	-
Minority Interest	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	62.00	65.00	62.00	62.00	63.00
Float	-	-	-	-	9,300	-	-	-	7,100	-	-	-	5,500	-	-	-	715	-	-	-	849	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																					(In Thousands)
Description	(%) Q/Q	2024Q1	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1
Cashflow From Operations	-4.9%	208,676	219,322	190,998	202,155	148,765	200,420	210,385	188,326	145,527	147,847	130,447	139,537	122,071	129,717	61,368	75,379	38,348	73,490	39,022	44,798	15,256
Share Based Compensation	8.9%	9,099	8,352	8,636	9,348	8,150	6,985	6,941	9,292	6,395	4,510	7,685	9,038	4,951	2,921	2,944	2,227	1,787	1,683	1,812	1,901	1,290
Cashflow From Investing	16.2%	-110,967	-132,481	-375,999	-113,472	271,949	-83,403	87,808	-165,378	-148,360	-187,457	-108,198	-57,481	-30,911	-42,287	-16,150	-36,383	-30,540	-29,808	-37,761	-43,199	-41,814
Cashflow From Financing	-16.8%	-95,622	-81,853	183,175	-97,170	-423,087	-115,645	-292,921	-22,388	1,586	41,048	-26,022	-93,693	-89,220	-83,346	-690,305	620,275	-5,582	-44,690	-2,724	-8,943	30,294
Buy Backs	-100.0%	-	138,963	222,024	241,546	217,687	236,876	197,457	249,515	77,409	70,815	106,264	35,508	76,788	21,777	-	-	-	-	-	-	-

Get Full Access to Grufity – and Unlimited Downloads

Gain full access to fair value, watchlists, stock screener, unlimited page visits, and additional features by joining as a member today for just $1.99.

Try For Just $1.99

WSC Income Statement

2024-03-31

Condensed Consolidated Statements of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2024	Mar. 31, 2023
Revenues:
Total revenues	$ 587,181	$ 565,468
Costs:
Depreciation of rental equipment	74,908	59,156
Gross profit	316,888	323,128
Other operating expenses:
Selling, general and administrative	167,568	150,870
Other depreciation and amortization	17,920	17,173
Lease impairment expense and other related charges	746	22
Currency losses, net	77	6,775
Other expense (income), net	631	(3,359)
Operating income	129,946	151,647
Interest expense	56,588	44,866
Income from continuing operations before income tax	73,358	106,781
Income tax expense from continuing operations	17,118	30,510
Income from continuing operations	56,240	76,271
Discontinued operations:
Income from discontinued operations before income tax	0	4,003
Gain on sale of discontinued operations	0	176,078
Income tax expense from discontinued operations	0	45,468
Income from discontinued operations	0	134,613
Net income	$ 56,240	$ 210,884
Earnings per share from continuing operations:
Basic (in USD per share)	$ 0.30	$ 0.37
Diluted (in USD per share)	0.29	0.36
Earnings per share from discontinued operations:
Basic (in USD per share)	0	0.65
Diluted (in USD per share)	0	0.64
Earnings per share:
Basic (in USD per share)	0.30	1.02
Diluted (in USD per share)	$ 0.29	$ 1.00
Weighted average shares:
Basic (in shares)	190,137,533	206,092,169
Diluted (in shares)	193,065,392	209,663,985
Total Leasing And Product And Service Revenues/Costs
Revenues:
Total revenues	$ 587,181	$ 565,468
Leasing Revenue
Revenues:
Leasing	460,601	439,951
Costs:
Leasing	102,394	97,515
Delivery and installation revenue
Revenues:
Revenues	100,362	106,630
Total revenues	100,362	106,630
Costs:
Cost of sales	77,842	75,007
New units
Revenues:
Revenues	13,499	10,657
Total revenues	13,499	10,657
Costs:
Cost of sales	8,273	6,208
Rental units
Revenues:
Revenues	12,719	8,230
Total revenues	12,719	8,230
Costs:
Cost of sales	$ 6,876	$ 4,454

WSC Balance Sheet

2024-03-31

Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Mar. 31, 2024	Dec. 31, 2023
Assets
Cash and cash equivalents	$ 13,147	$ 10,958
Trade receivables, net of allowances for credit losses at March 31, 2024 and December 31, 2023 of $86,418 and $81,656, respectively	450,572	451,130
Inventories	47,622	47,406
Prepaid expenses and other current assets	61,912	57,492
Assets held for sale – current	2,110	2,110
Total current assets	575,363	569,096
Rental equipment, net	3,399,628	3,381,315
Property, plant and equipment, net	344,187	340,887
Operating lease assets	259,965	245,647
Goodwill	1,175,972	1,176,635
Intangible assets, net	412,264	419,709
Other non-current assets	12,955	4,626
Total long-term assets	5,604,971	5,568,819
Total assets	6,180,334	6,137,915
Liabilities and equity
Accounts payable	100,490	86,123
Accrued expenses	161,625	129,621
Accrued employee benefits	25,889	45,564
Deferred revenue and customer deposits	227,042	224,518
Operating lease liabilities – current	61,569	57,408
Current portion of long-term debt	19,178	18,786
Total current liabilities	595,793	562,020
Long-term debt	3,465,619	3,538,516
Deferred tax liabilities	565,955	554,268
Operating lease liabilities - non-current	198,265	187,837
Other non-current liabilities	34,576	34,024
Long-term liabilities	4,264,415	4,314,645
Total liabilities	4,860,208	4,876,665
Preferred Stock: $0.0001 par, 1,000,000 shares authorized and zero shares issued and outstanding at March 31, 2024 and December 31, 2023	0	0
Common Stock: $0.0001 par, 500,000,000 shares authorized and 190,598,309 and 189,967,135 shares issued and outstanding at March 31, 2024 and December 31, 2023, respectively	20	20
Additional paid-in-capital	2,083,735	2,089,091
Accumulated other comprehensive loss	(44,776)	(52,768)
Accumulated deficit	(718,853)	(775,093)
Total shareholders' equity	1,320,126	1,261,250
Total liabilities and shareholders' equity	$ 6,180,334	$ 6,137,915

About Willscot Corp

WillScot Mobile Mini Holdings Corp. provides work space and portable storage solutions in the United States, Canada, and Mexico. It operates in two segments, Modular Solutions and Storage Solutions. The company leases modular space and portable storage units to customers in the commercial and industrial, construction, retail and wholesale trade, education, energy and natural resources, government, institutions, healthcare, and other end markets. The company offers its solutions primarily under the WillScot and Mobile Mini brands. WillScot Mobile Mini Holdings Corp. was incorporated in 2017 and is headquartered in Phoenix, Arizona.

CEO	Mr. Bradley Lee Soultz
WEBSITE	willscotmobilemini.com
INDUSTRY	Information Technology Services
EMPLOYEES	4500

Willscot Corp Frequently Asked Questions

What is the ticker symbol for Willscot Corp? What does WSC stand for in stocks?

WSC is the stock ticker symbol of Willscot Corp. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Willscot Corp (WSC)?

As of Tue May 07 2024, market cap of Willscot Corp is 7.45 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of WSC stock?

You can check WSC's fair value in chart for subscribers.

What is the fair value of WSC stock?

You can check WSC's fair value in chart for subscribers. The fair value of Willscot Corp is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Willscot Corp is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for WSC so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Willscot Corp a good stock to buy?

The fair value guage provides a quick view whether WSC is over valued or under valued. Whether Willscot Corp is cheap or expensive depends on the assumptions which impact Willscot Corp's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for WSC.

What is Willscot Corp's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Tue May 07 2024, WSC's PE ratio (Price to Earnings) is 23.15 and Price to Sales (PS) ratio is 3.12. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. WSC PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Willscot Corp's stock?

In the past 10 years, Willscot Corp has provided 0.147 (multiply by 100 for percentage) rate of return.