Somewhat Positive Press Coverage Somewhat Unlikely to Affect Mobile Mini (MINI) Stock Price
Media stories about Mobile Mini (NASDAQ:MINI) have been trending somewhat positive recently, according to Accern Sentiment. The research group identifies positive and negative news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Mobile Mini earned a news impact score of 0.24 on Accern’s scale. Accern also gave press coverage about the industrial products company an impact score of 46.6358074702821 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the media headlines that may have impacted Accern Sentiment’s analysis:
- Mobile Mini Sees Unusually High Options Volume (MINI) (americanbankingnews.com)
- Portable Mini Speaker for Mobile with Powerful Sound (globalsources.com)
- Brokerages Anticipate Mobile Mini Inc (MINI) Will Announce Quarterly Sales of $133.11 Million (americanbankingnews.com)
- Mobile Mini (MINI) Lifted to “Buy” at Zacks Investment Research (americanbankingnews.com)
- Research Analysts Issue Forecasts for Mobile Mini Inc’s FY2018 Earnings (MINI) (americanbankingnews.com)
Several equities analysts recently issued reports on MINI shares. Oppenheimer reiterated a “buy” rating and issued a $36.00 price target on shares of Mobile Mini in a report on Monday, October 23rd. Needham & Company LLC reiterated a “buy” rating and issued a $38.00 price target on shares of Mobile Mini in a report on Sunday, October 22nd. Sidoti upgraded Mobile Mini from a “neutral” rating to a “buy” rating and set a $52.00 price target on the stock in a report on Monday, February 5th. BidaskClub upgraded Mobile Mini from a “hold” rating to a “buy” rating in a report on Wednesday, December 27th. Finally, Zacks Investment Research upgraded Mobile Mini from a “hold” rating to a “buy” rating and set a $49.00 price target on the stock in a report on Thursday, February 8th. Four analysts have rated the stock with a hold rating and five have given a buy rating to the company. Mobile Mini has an average rating of “Buy” and an average price target of $45.71.
Mobile Mini (NASDAQ:MINI) last issued its earnings results on Friday, February 2nd. The industrial products company reported $0.41 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.36 by $0.05. Mobile Mini had a return on equity of 6.49% and a net margin of 22.91%. The firm had revenue of $146.70 million for the quarter, compared to analysts’ expectations of $140.60 million. During the same quarter last year, the business earned $0.48 earnings per share. The company’s revenue was up 11.5% compared to the same quarter last year. sell-side analysts expect that Mobile Mini will post 1.65 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 14th. Shareholders of record on Wednesday, February 28th will be issued a dividend of $0.25 per share. The ex-dividend date is Tuesday, February 27th. This represents a $1.00 dividend on an annualized basis and a yield of 2.43%. This is a boost from Mobile Mini’s previous quarterly dividend of $0.23. Mobile Mini’s dividend payout ratio (DPR) is 33.09%.
In other Mobile Mini news, Director Stephen A. Mcconnell sold 4,000 shares of the firm’s stock in a transaction dated Thursday, November 30th. The stock was sold at an average price of $36.10, for a total transaction of $144,400.00. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. 6.50% of the stock is currently owned by company insiders.
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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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