Stock Analysis

Is It Time To Consider Buying WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC)?

NasdaqCM:WSC
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WillScot Mobile Mini Holdings Corp. (NASDAQ:WSC), might not be a large cap stock, but it saw a decent share price growth in the teens level on the NASDAQCM over the last few months. With many analysts covering the mid-cap stock, we may expect any price-sensitive announcements have already been factored into the stock’s share price. However, could the stock still be trading at a relatively cheap price? Let’s take a look at WillScot Mobile Mini Holdings’s outlook and value based on the most recent financial data to see if the opportunity still exists.

Check out our latest analysis for WillScot Mobile Mini Holdings

What Is WillScot Mobile Mini Holdings Worth?

Great news for investors – WillScot Mobile Mini Holdings is still trading at a fairly cheap price. My valuation model shows that the intrinsic value for the stock is $53.85, but it is currently trading at US$41.87 on the share market, meaning that there is still an opportunity to buy now. What’s more interesting is that, WillScot Mobile Mini Holdings’s share price is quite volatile, which gives us more chances to buy since the share price could sink lower (or rise higher) in the future. 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.

What does the future of WillScot Mobile Mini Holdings look like?

earnings-and-revenue-growth
NasdaqCM:WSC Earnings and Revenue Growth December 5th 2023

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. WillScot Mobile Mini Holdings' earnings over the next few years are expected to increase by 38%, indicating a highly optimistic future ahead. This should lead to more robust cash flows, feeding into a higher share value.

What This Means For You

Are you a shareholder? Since WSC is currently undervalued, it may be a great time to increase your holdings in the stock. With an optimistic outlook on the horizon, it seems like this growth has not yet been fully factored into the share price. However, there are also other factors such as financial health to consider, which could explain the current undervaluation.

Are you a potential investor? If you’ve been keeping an eye on WSC for a while, now might be the time to enter the stock. Its buoyant future outlook isn’t fully reflected in the current share price yet, which means it’s not too late to buy WSC. But before you make any investment decisions, consider other factors such as the track record of its management team, in order to make a well-informed buy.

If you want to dive deeper into WillScot Mobile Mini Holdings, you'd also look into what risks it is currently facing. You'd be interested to know, that we found 1 warning sign for WillScot Mobile Mini Holdings and you'll want to know about this.

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.

Valuation is complex, but we're here to simplify it.

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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.