BidaskClub upgraded shares of Mobile Mini (NASDAQ:MINI) from a sell rating to a hold rating in a research note issued to investors on Saturday, BidAskClub reports.

MINI has been the subject of a number of other reports. Zacks Investment Research cut Hallmark Financial Services from a buy rating to a hold rating in a report on Thursday. Credit Suisse Group set a €59.00 ($68.60) price target on Renault and gave the stock a neutral rating in a report on Friday. Noble Financial upgraded McClatchy to a buy rating and set a $5.00 price target for the company in a report on Thursday, May 23rd. Finally, ValuEngine cut Zumiez from a hold rating to a sell rating in a report on Monday, May 13th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and four have assigned a buy rating to the company. Mobile Mini has an average rating of Hold and a consensus price target of $45.17.

NASDAQ:MINI traded up $0.52 during trading hours on Friday, hitting $34.69. The company had a trading volume of 457,569 shares, compared to its average volume of 684,471. The company has a current ratio of 0.17, a quick ratio of 0.15 and a debt-to-equity ratio of 0.37. The business’s 50-day moving average price is $31.61. The firm has a market capitalization of $1.56 billion, a P/E ratio of 21.15, a P/E/G ratio of 1.28 and a beta of 1.66. Mobile Mini has a 1 year low of $29.46 and a 1 year high of $46.30.

Mobile Mini (NASDAQ:MINI) last issued its earnings results on Thursday, July 25th. The industrial products company reported $0.41 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.41. The company had revenue of $150.18 million during the quarter, compared to analysts’ expectations of $151.75 million. Mobile Mini had a positive return on equity of 9.71% and a negative net margin of 0.95%. The firm’s quarterly revenue was up 5.8% on a year-over-year basis. During the same period in the prior year, the business earned $0.35 EPS. On average, equities analysts expect that Mobile Mini will post 1.88 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, August 28th. Stockholders of record on Wednesday, August 14th will be issued a dividend of $0.275 per share. This represents a $1.10 dividend on an annualized basis and a dividend yield of 3.17%. Mobile Mini’s dividend payout ratio is presently 67.07%.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. SG Capital Management LLC grew its holdings in shares of Mobile Mini by 119.6% during the 1st quarter. SG Capital Management LLC now owns 529,684 shares of the industrial products company’s stock worth $17,977,000 after purchasing an additional 288,443 shares during the period. Geode Capital Management LLC boosted its holdings in Mobile Mini by 9.2% during the 4th quarter. Geode Capital Management LLC now owns 511,235 shares of the industrial products company’s stock valued at $16,231,000 after acquiring an additional 43,042 shares during the period. Norges Bank purchased a new position in Mobile Mini during the 4th quarter valued at about $12,560,000. Millennium Management LLC boosted its holdings in Mobile Mini by 285.0% during the 4th quarter. Millennium Management LLC now owns 163,057 shares of the industrial products company’s stock valued at $5,177,000 after acquiring an additional 120,702 shares during the period. Finally, Deutsche Bank AG boosted its holdings in Mobile Mini by 0.5% during the 4th quarter. Deutsche Bank AG now owns 145,139 shares of the industrial products company’s stock valued at $4,605,000 after acquiring an additional 658 shares during the period. Institutional investors and hedge funds own 96.75% of the company’s stock.

Mobile Mini Company Profile

Mobile Mini, Inc provides portable storage and specialty containment solutions. It operates through three segments: Storage Solutions North America, Storage Solutions United Kingdom, and Tank & Pump Solutions. The company offers various portable storage and office products, including steel storage containers and steel ground level offices serving construction companies, large and small retailers, medical centers, schools, utilities, distributors, the military, hotels, restaurants, entertainment complexes, and households for application in the storage of construction materials and equipment, retail and manufacturing inventory, documents and records, and other goods.

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Analyst Recommendations for Mobile Mini (NASDAQ:MINI)

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