Mobile Mini (MINI) Upgraded by BidaskClub to “Buy”

BidaskClub upgraded shares of Mobile Mini (NASDAQ:MINI) from a hold rating to a buy rating in a report released on Wednesday, December 27th.

Several other equities research analysts also recently weighed in on the stock. Zacks Investment Research upgraded shares of Mobile Mini from a sell rating to a hold rating in a research note on Wednesday, December 27th. Oppenheimer reiterated a buy rating and set a $36.00 target price on shares of Mobile Mini in a research note on Monday, October 23rd. Robert W. Baird increased their target price on shares of Mobile Mini from $34.00 to $37.00 and gave the stock a neutral rating in a research note on Monday, October 23rd. SunTrust Banks reiterated a hold rating on shares of Mobile Mini in a research note on Sunday, October 22nd. Finally, Needham & Company LLC reiterated a buy rating and set a $38.00 target price on shares of Mobile Mini in a research note on Sunday, October 22nd. Five analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus target price of $37.00.

Shares of Mobile Mini (NASDAQ:MINI) opened at $37.70 on Wednesday. Mobile Mini has a 12 month low of $26.70 and a 12 month high of $37.75. The firm has a market cap of $1,600.00, a PE ratio of 33.66, a PEG ratio of 1.85 and a beta of 2.35. The company has a current ratio of 0.18, a quick ratio of 0.15 and a debt-to-equity ratio of 0.38.

Mobile Mini (NASDAQ:MINI) last announced its earnings results on Friday, October 20th. The industrial products company reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.32 by ($0.05). Mobile Mini had a return on equity of 7.17% and a net margin of 9.59%. The business had revenue of $136.64 million for the quarter, compared to analyst estimates of $133.73 million. During the same quarter last year, the company posted $0.31 EPS. Mobile Mini’s quarterly revenue was up 6.0% on a year-over-year basis. research analysts expect that Mobile Mini will post 1.11 EPS for the current fiscal year.

In related news, Director Stephen A. Mcconnell sold 4,000 shares of the 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 legal filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 6.50% of the company’s stock.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. SG Americas Securities LLC purchased a new position in Mobile Mini during the second quarter worth about $152,000. Amalgamated Bank purchased a new position in Mobile Mini during the third quarter worth about $204,000. Concorde Asset Management LLC purchased a new position in Mobile Mini during the third quarter worth about $232,000. Crossmark Global Holdings Inc. purchased a new position in Mobile Mini during the third quarter worth about $287,000. Finally, Piedmont Investment Advisors LLC purchased a new position in Mobile Mini during the second quarter worth about $285,000.

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About Mobile Mini

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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