Shares of Mobile Mini Inc (NASDAQ:MINI) have been assigned a consensus rating of “Hold” from the eight analysts that are currently covering the stock, Marketbeat reports. Five research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $37.00.
MINI has been the subject of several research reports. Robert W. Baird restated a “hold” rating and issued a $34.00 target price on shares of Mobile Mini in a research note on Thursday, October 12th. Zacks Investment Research downgraded Mobile Mini from a “hold” rating to a “sell” rating in a research note on Thursday, September 21st. SunTrust Banks reiterated a “hold” rating on shares of Mobile Mini in a research note on Sunday, October 22nd. BidaskClub upgraded Mobile Mini from a “hold” rating to a “buy” rating in a research note on Wednesday, December 27th. Finally, KeyCorp reiterated a “hold” rating on shares of Mobile Mini in a research note on Wednesday, October 4th.
In other news, Director Stephen A. Mcconnell sold 4,000 shares of the business’s stock in a transaction that occurred on Thursday, November 30th. The stock was sold at an average price of $36.10, for a total value of $144,400.00. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. 6.50% of the stock is currently owned by insiders.
Several large investors have recently bought and sold shares of the stock. Granahan Investment Management Inc. MA raised its holdings in shares of Mobile Mini by 5.6% in the 3rd quarter. Granahan Investment Management Inc. MA now owns 109,027 shares of the industrial products company’s stock worth $3,756,000 after purchasing an additional 5,774 shares during the period. Oppenheimer Asset Management Inc. raised its holdings in shares of Mobile Mini by 14.5% in the 3rd quarter. Oppenheimer Asset Management Inc. now owns 162,931 shares of the industrial products company’s stock worth $5,613,000 after purchasing an additional 20,619 shares during the period. Schwab Charles Investment Management Inc. raised its holdings in shares of Mobile Mini by 14.8% in the 3rd quarter. Schwab Charles Investment Management Inc. now owns 288,388 shares of the industrial products company’s stock worth $9,935,000 after purchasing an additional 37,258 shares during the period. Wells Fargo & Company MN raised its holdings in shares of Mobile Mini by 23.0% in the 3rd quarter. Wells Fargo & Company MN now owns 90,160 shares of the industrial products company’s stock worth $3,106,000 after purchasing an additional 16,872 shares during the period. Finally, Amalgamated Bank bought a new stake in shares of Mobile Mini in the 3rd quarter worth approximately $204,000.
Mobile Mini (NASDAQ:MINI) opened at $37.70 on Friday. Mobile Mini has a 12-month low of $26.70 and a 12-month high of $37.75. The company has a debt-to-equity ratio of 0.38, a current ratio of 0.18 and a quick ratio of 0.15. The firm has a market capitalization of $1,670.00, a PE ratio of 33.66, a PEG ratio of 1.85 and a beta of 2.35.
Mobile Mini (NASDAQ:MINI) last posted its quarterly earnings data on Friday, October 20th. The industrial products company reported $0.27 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.32 by ($0.05). The business had revenue of $136.64 million during the quarter, compared to the consensus estimate of $133.73 million. Mobile Mini had a return on equity of 7.17% and a net margin of 9.59%. The business’s revenue was up 6.0% on a year-over-year basis. During the same period last year, the business posted $0.31 earnings per share. research analysts predict that Mobile Mini will post 1.11 earnings per share for the current year.
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Mobile Mini Company Profile
Mobile Mini, Inc is a provider of portable storage solutions. The Company, through its subsidiary, Evergreen Tank Solutions, Inc (ETS), is a provider of specialty containment solutions in the United States. The Company manages its business as two portable storage solutions business segments, North America and the U.K., and one specialty containment business segment.
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