WillScot cut to equal weight at Barclays after abandoning McGrath deal [Seeking Alpha]
WillScot Holdings Corporation - Class A (WSC)
NASDAQ:AMEX Investor Relations:
investors.willscot.com/investor-relations
Company Research
Source: Seeking Alpha
"While we are not entirely surprised, we are disappointed that management's confidence on closing the deal could not be executed upon," Barclays analyst Manav Patnaik wrote in a note on Thursday. "The lack of deal synergies in a tough macro - and we lower our FY25E as well; compels us to be on the sidelines and our move to EW." WillScot ( WSC ) and McGrath ( MGRC ) mutually agreed to terminate the transaction based on a joint determination that there was no commercially reasonable path to clear the necessary regulatory requirements for the transaction, according to a statement on Wednesday. WillScot also announced that its board increased the existing share repurchase program to $1 billion. "On the one hand, a conclusion removes the deal overhang on the stock, but many bulls were more interested in the actual deal synergies and benefits, in our view - especially vs. trying to time the cycle," Patnaik added in the note. Patnaik cut his price target on WillScot ( WSC ) to $44 fro
Show less
Read more
Impact Snapshot
Event Time:
WSC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
WSC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
WSC alerts
High impacting WillScot Holdings Corporation - Class A news events
Weekly update
A roundup of the hottest topics
WSC
News
- WillScot to Participate in Baird Global Industrial ConferenceGlobeNewswire
- WillScot Mobile Mini Holdings Corp. (NASDAQ: WSC) had its price target lowered by analysts at Barclays PLC from $44.00 to $40.00. They now have an "equal weight" rating on the stock.MarketBeat
- WillScot Mobile Mini Holdings Corp. (NASDAQ: WSC) had its price target lowered by analysts at Robert W. Baird from $42.00 to $38.00. They now have a "neutral" rating on the stock.MarketBeat
- WillScot Mobile Mini Holdings Corp. (NASDAQ: WSC) was downgraded by analysts at Deutsche Bank Aktiengesellschaft from a "buy" rating to a "hold" rating. They now have a $35.00 price target on the stock, down previously from $46.00.MarketBeat
- WillScot Reports Third Quarter 2024 ResultsGlobeNewswire
WSC
Earnings
- 10/30/24 - Miss
WSC
Sec Filings
- 11/14/24 - Form 4
- 11/14/24 - Form SC
- 11/12/24 - Form 4
- WSC's page on the SEC website