Mobile Mini Inc (NASDAQ:MINI) – Investment analysts at Oppenheimer issued their Q1 2018 earnings per share estimates for shares of Mobile Mini in a research report issued on Monday, Zacks Investment Research reports. Oppenheimer analyst S. Schneeberger expects that the industrial products company will earn $0.31 per share for the quarter. Oppenheimer has a “Outperform” rating and a $45.00 price target on the stock. Oppenheimer also issued estimates for Mobile Mini’s Q2 2018 earnings at $0.34 EPS and Q3 2018 earnings at $0.40 EPS.
Mobile Mini (NASDAQ:MINI) last released its quarterly earnings results on Friday, February 2nd. The industrial products company reported $0.41 earnings per share for the quarter, topping analysts’ consensus estimates of $0.36 by $0.05. Mobile Mini had a return on equity of 6.49% and a net margin of 22.91%. The business had revenue of $146.70 million during the quarter, compared to analysts’ expectations of $140.60 million. During the same period in the prior year, the business posted $0.48 EPS. The company’s revenue was up 11.5% compared to the same quarter last year.
Several other equities analysts have also issued reports on the company. Zacks Investment Research lowered Mobile Mini from a “hold” rating to a “sell” rating in a research note on Wednesday, October 25th. SunTrust Banks reissued a “hold” rating on shares of Mobile Mini in a research note on Sunday, October 22nd. BidaskClub raised Mobile Mini from a “hold” rating to a “buy” rating in a research note on Wednesday, December 27th. Robert W. Baird increased their target price on Mobile Mini from $34.00 to $37.00 and gave the stock a “neutral” rating in a research note on Monday, October 23rd. Finally, Needham & Company LLC reissued a “buy” rating and set a $38.00 target price on shares of Mobile Mini in a research note on Sunday, October 22nd. Four equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $45.71.
Mobile Mini (NASDAQ:MINI) traded down $0.05 on Wednesday, reaching $41.20. The company had a trading volume of 337,300 shares, compared to its average volume of 233,447. Mobile Mini has a 1 year low of $26.70 and a 1 year high of $46.10. The company has a current ratio of 0.19, a quick ratio of 0.17 and a debt-to-equity ratio of 0.35. The firm has a market cap of $1,830.32, a price-to-earnings ratio of 35.26, a price-to-earnings-growth ratio of 1.78 and a beta of 2.29.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 14th. Shareholders of record on Wednesday, February 28th will be given a $0.25 dividend. The ex-dividend date is Tuesday, February 27th. This represents a $1.00 dividend on an annualized basis and a yield of 2.43%. This is a positive change from Mobile Mini’s previous quarterly dividend of $0.23. Mobile Mini’s dividend payout ratio (DPR) is currently 33.09%.
In other Mobile Mini news, Director Stephen A. Mcconnell sold 4,000 shares of the stock in a transaction dated Thursday, November 30th. The stock was sold at an average price of $36.10, for a total value of $144,400.00. The transaction was disclosed in a document filed with the SEC, which is available at this link. 6.50% of the stock is owned by company insiders.
A number of hedge funds have recently bought and sold shares of the business. Amalgamated Bank purchased a new position in shares of Mobile Mini in the 3rd quarter valued at about $204,000. Concorde Asset Management LLC purchased a new position in shares of Mobile Mini in the 3rd quarter valued at about $232,000. SG Americas Securities LLC increased its holdings in shares of Mobile Mini by 41.6% in the 3rd quarter. SG Americas Securities LLC now owns 7,213 shares of the industrial products company’s stock valued at $248,000 after acquiring an additional 2,119 shares during the last quarter. Crossmark Global Holdings Inc. purchased a new position in shares of Mobile Mini in the 3rd quarter valued at about $287,000. Finally, Eqis Capital Management Inc. increased its holdings in shares of Mobile Mini by 29.8% in the 4th quarter. Eqis Capital Management Inc. now owns 9,361 shares of the industrial products company’s stock valued at $323,000 after acquiring an additional 2,147 shares during the last quarter.
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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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