Robert W. Baird Analysts Give Mobile Mini (NASDAQ:MINI) a $46.00 Price Target

Mobile Mini (NASDAQ:MINI) has been given a $46.00 price objective by analysts at Robert W. Baird in a note issued to investors on Monday, February 5th. The firm presently has a “hold” rating on the industrial products company’s stock. Robert W. Baird’s price target points to a potential upside of 11.65% from the stock’s previous close.

Other equities analysts have also issued research reports about the stock. SunTrust Banks increased their target price on shares of Mobile Mini to $44.00 and gave the company a “hold” rating in a research report on Monday, February 5th. They noted that the move was a valuation call. BidaskClub upgraded shares of Mobile Mini from a “hold” rating to a “buy” rating in a research report on Wednesday, December 27th. Needham & Company LLC increased their target price on shares of Mobile Mini from $38.00 to $45.00 and gave the company a “buy” rating in a research report on Wednesday, January 31st. Sidoti upgraded shares of Mobile Mini from a “neutral” rating to a “buy” rating and set a $52.00 target price for the company in a research report on Monday, February 5th. Finally, Zacks Investment Research lowered shares of Mobile Mini from a “hold” rating to a “sell” rating in a research report on Wednesday, October 25th. Four investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Buy” and an average price target of $45.71.

Shares of Mobile Mini (NASDAQ:MINI) opened at $41.20 on Monday. The company has a debt-to-equity ratio of 0.35, a current ratio of 0.19 and a quick ratio of 0.17. Mobile Mini has a twelve month low of $26.70 and a twelve month high of $46.10. The firm has a market cap of $1,830.32, a PE ratio of 35.26, a P/E/G ratio of 1.78 and a beta of 2.29.

Mobile Mini (NASDAQ:MINI) last released its quarterly earnings data on Friday, February 2nd. The industrial products company reported $0.41 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.36 by $0.05. The business had revenue of $146.70 million for the quarter, compared to analysts’ expectations of $140.60 million. Mobile Mini had a net margin of 22.91% and a return on equity of 6.49%. The company’s revenue for the quarter was up 11.5% compared to the same quarter last year. During the same quarter last year, the company earned $0.48 EPS. analysts expect that Mobile Mini will post 1.65 earnings per share for the current year.

In other news, Director Stephen A. Mcconnell sold 4,000 shares of the firm’s stock in a transaction dated Thursday, November 30th. The shares were sold at an average price of $36.10, for a total transaction of $144,400.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 6.50% of the company’s stock.

Several large investors have recently bought and sold shares of MINI. Riverbridge Partners LLC boosted its position in shares of Mobile Mini by 53.6% during the 3rd quarter. Riverbridge Partners LLC now owns 1,330,145 shares of the industrial products company’s stock valued at $45,823,000 after purchasing an additional 464,332 shares in the last quarter. Jennison Associates LLC boosted its position in shares of Mobile Mini by 13.3% during the 4th quarter. Jennison Associates LLC now owns 3,300,023 shares of the industrial products company’s stock valued at $113,851,000 after purchasing an additional 388,252 shares in the last quarter. Tygh Capital Management Inc. bought a new position in shares of Mobile Mini during the 4th quarter valued at about $5,374,000. BlackRock Inc. boosted its position in shares of Mobile Mini by 2.8% during the 4th quarter. BlackRock Inc. now owns 5,575,819 shares of the industrial products company’s stock valued at $192,366,000 after purchasing an additional 153,640 shares in the last quarter. Finally, Vanguard Group Inc. boosted its position in shares of Mobile Mini by 1.5% during the 2nd quarter. Vanguard Group Inc. now owns 4,145,434 shares of the industrial products company’s stock valued at $123,741,000 after purchasing an additional 62,522 shares in 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.

Analyst Recommendations for Mobile Mini (NASDAQ:MINI)

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