Mobile Mini Inc (NASDAQ:MINI) Director Jeffrey S. Goble sold 5,000 shares of the company’s stock in a transaction dated Monday, March 12th. The shares were sold at an average price of $44.44, for a total value of $222,200.00. Following the transaction, the director now directly owns 15,503 shares in the company, valued at $688,953.32. The sale was disclosed in a filing with the SEC, which is available through this link.
Shares of Mobile Mini Inc (NASDAQ:MINI) opened at $44.85 on Friday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.17 and a current ratio of 0.19. The firm has a market capitalization of $1,964.87, a PE ratio of 37.65, a price-to-earnings-growth ratio of 1.90 and a beta of 2.06. Mobile Mini Inc has a one year low of $26.70 and a one year high of $46.10.
Mobile Mini (NASDAQ:MINI) last posted its quarterly earnings results on Friday, February 2nd. The industrial products company reported $0.41 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.36 by $0.05. The business had revenue of $146.70 million for the quarter, compared to the consensus estimate of $140.60 million. Mobile Mini had a return on equity of 6.49% and a net margin of 22.91%. The company’s quarterly revenue was up 11.5% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.48 EPS. equities research analysts forecast that Mobile Mini Inc will post 1.65 earnings per share for the current year.
Institutional investors have recently bought and sold shares of the business. Crossmark Global Holdings Inc. purchased a new stake in shares of Mobile Mini in the third quarter worth about $287,000. Victory Capital Management Inc. boosted its stake in shares of Mobile Mini by 40.1% in the third quarter. Victory Capital Management Inc. now owns 19,320 shares of the industrial products company’s stock worth $666,000 after buying an additional 5,532 shares during the last quarter. BNP Paribas Arbitrage SA boosted its stake in shares of Mobile Mini by 51.3% in the third quarter. BNP Paribas Arbitrage SA now owns 23,377 shares of the industrial products company’s stock worth $805,000 after buying an additional 7,922 shares during the last quarter. Municipal Employees Retirement System of Michigan boosted its stake in shares of Mobile Mini by 47.2% in the third quarter. Municipal Employees Retirement System of Michigan now owns 19,160 shares of the industrial products company’s stock worth $661,000 after buying an additional 6,140 shares during the last quarter. Finally, Comerica Bank boosted its stake in shares of Mobile Mini by 3.7% in the third quarter. Comerica Bank now owns 130,560 shares of the industrial products company’s stock worth $4,295,000 after buying an additional 4,630 shares during the last quarter.
Several research analysts recently issued reports on MINI shares. Zacks Investment Research raised Mobile Mini from a “hold” rating to a “buy” rating and set a $49.00 target price on the stock in a research report on Thursday, February 8th. BidaskClub upgraded Mobile Mini from a “hold” rating to a “buy” rating in a research note on Wednesday, February 7th. Sidoti upgraded Mobile Mini from a “neutral” rating to a “buy” rating and set a $52.00 price target on the stock in a research note on Monday, February 5th. Needham & Company LLC boosted their price target on Mobile Mini from $38.00 to $45.00 and gave the company a “buy” rating in a research note on Wednesday, January 31st. Finally, Deutsche Bank began coverage on Mobile Mini in a research note on Tuesday, January 23rd. They set a “hold” rating and a $39.00 price target on the stock. Four analysts have rated the stock with a hold rating and five have given a buy rating to the company. Mobile Mini currently has an average rating of “Buy” and an average target price of $45.71.
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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.
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