Mobile Mini (NASDAQ:MINI) was downgraded by equities researchers at BidaskClub from a “hold” rating to a “sell” rating in a note issued to investors on Wednesday.

MINI has been the topic of a number of other research reports. Zacks Investment Research lowered shares of Mobile Mini from a “hold” rating to a “sell” rating in a report on Tuesday, February 12th. ValuEngine lowered shares of Mobile Mini from a “buy” rating to a “hold” rating in a report on Friday, November 23rd. Oppenheimer lowered their target price on shares of Mobile Mini from $47.00 to $40.00 and set an “outperform” rating on the stock in a report on Monday, February 4th. Finally, TheStreet lowered shares of Mobile Mini from a “b” rating to a “c” rating in a report on Friday, February 1st. Four investment analysts have rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $47.33.

Shares of NASDAQ MINI traded up $0.05 during trading on Wednesday, hitting $36.06. 177,100 shares of the company traded hands, compared to its average volume of 175,438. Mobile Mini has a fifty-two week low of $29.46 and a fifty-two week high of $50.40. The firm has a market capitalization of $1.61 billion, a P/E ratio of 21.99, a P/E/G ratio of 1.28 and a beta of 1.85. The company has a current ratio of 0.21, a quick ratio of 0.19 and a debt-to-equity ratio of 0.38.

Mobile Mini (NASDAQ:MINI) last announced its quarterly earnings data on Friday, February 1st. The industrial products company reported $0.53 earnings per share for the quarter, missing the consensus estimate of $0.57 by ($0.04). Mobile Mini had a negative net margin of 1.36% and a positive return on equity of 8.74%. The company had revenue of $160.90 million for the quarter, compared to analyst estimates of $155.55 million. During the same quarter in the prior year, the company posted $0.41 EPS. Mobile Mini’s revenue for the quarter was up 9.7% on a year-over-year basis. Equities research analysts forecast that Mobile Mini will post 2 EPS for the current year.

In other news, Director Stephen A. Mcconnell acquired 2,000 shares of the firm’s stock in a transaction on Tuesday, December 18th. The stock was purchased at an average price of $31.85 per share, for a total transaction of $63,700.00. Following the purchase, the director now owns 86,789 shares in the company, valued at approximately $2,764,229.65. The purchase was disclosed in a document filed with the SEC, which is available at the SEC website. Company insiders own 6.30% of the company’s stock.

A number of large investors have recently bought and sold shares of MINI. SG Capital Management LLC purchased a new stake in Mobile Mini in the 4th quarter valued at about $7,659,000. BlackRock Inc. increased its stake in Mobile Mini by 2.7% in the 3rd quarter. BlackRock Inc. now owns 6,466,128 shares of the industrial products company’s stock valued at $283,539,000 after buying an additional 168,061 shares during the last quarter. Millennium Management LLC increased its stake in Mobile Mini by 285.0% in the 4th quarter. Millennium Management LLC now owns 163,057 shares of the industrial products company’s stock valued at $5,177,000 after buying an additional 120,702 shares during the last quarter. Vanguard Group Inc increased its stake in Mobile Mini by 2.0% in the 3rd quarter. Vanguard Group Inc now owns 4,610,861 shares of the industrial products company’s stock valued at $202,187,000 after buying an additional 91,893 shares during the last quarter. Finally, Vanguard Group Inc. increased its stake in Mobile Mini by 2.0% in the 3rd quarter. Vanguard Group Inc. now owns 4,610,861 shares of the industrial products company’s stock valued at $202,187,000 after buying an additional 91,893 shares during the last quarter. Hedge funds and other institutional investors own 97.00% 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.

See Also: What is Cost of Goods Sold (COGS)?

Analyst Recommendations for Mobile Mini (NASDAQ:MINI)

Receive News & Ratings for Mobile Mini Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mobile Mini and related companies with MarketBeat.com's FREE daily email newsletter.