At US$50.67, Is It Time To Put WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC) On Your Watch List?

Let's talk about the popular WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC). The company's shares saw a decent share price growth in the teens level on the NASDAQCM over the last few months. With many analysts covering the large-cap stock, we may expect any price-sensitive announcements have already been factored into the stock’s share price. However, what if the stock is still a bargain? Today I will analyse the most recent data on WillScot Mobile Mini Holdings’s outlook and valuation to see if the opportunity still exists.

View our latest analysis for WillScot Mobile Mini Holdings

What Is WillScot Mobile Mini Holdings Worth?

The stock is currently trading at US$50.67 on the share market, which means it is overvalued by 31% compared to my intrinsic value of $38.76. This means that the opportunity to buy WillScot Mobile Mini Holdings at a good price has disappeared! But, is there another opportunity to buy low in the future? Since WillScot Mobile Mini Holdings’s share price is quite volatile, this could mean it can sink lower (or rise even further) in the future, giving us another chance to invest. This is based on its high beta, which is a good indicator for how much the stock moves relative to the rest of the market.

Can we expect growth from WillScot Mobile Mini Holdings?

Investors looking for growth in their portfolio may want to consider the prospects of a company before buying its shares. Buying a great company with a robust outlook at a cheap price is always a good investment, so let’s also take a look at the company's future expectations. With profit expected to grow by 35% over the next couple of years, the future seems bright for WillScot Mobile Mini Holdings. It looks like higher cash flow is on the cards for the stock, which should feed into a higher share valuation.

What This Means For You

Are you a shareholder? It seems like the market has well and truly priced in WSC’s positive outlook, with shares trading above its fair value. However, this brings up another question – is now the right time to sell? If you believe WSC should trade below its current price, selling high and buying it back up again when its price falls towards its real value can be profitable. But before you make this decision, take a look at whether its fundamentals have changed.

Are you a potential investor? If you’ve been keeping an eye on WSC for a while, now may not be the best time to enter into the stock. The price has surpassed its true value, which means there’s no upside from mispricing. However, the positive outlook is encouraging for WSC, which means it’s worth diving deeper into other factors in order to take advantage of the next price drop.

If you'd like to know more about WillScot Mobile Mini Holdings as a business, it's important to be aware of any risks it's facing. At Simply Wall St, we found 1 warning sign for WillScot Mobile Mini Holdings and we think they deserve your attention.

If you are no longer interested in WillScot Mobile Mini Holdings, you can use our free platform to see our list of over 50 other stocks with a high growth potential.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.