Mobile Mini’s (MINI) Neutral Rating Reiterated at Sidoti

Sidoti reiterated their neutral rating on shares of Mobile Mini, Inc. (NASDAQ:MINI) in a research report report published on Friday, MarketBeat.com reports.

A number of other research firms have also issued reports on MINI. Robert W. Baird reaffirmed a hold rating and issued a $34.00 price target on shares of Mobile Mini in a research report on Thursday. KeyCorp reaffirmed a hold rating on shares of Mobile Mini in a research report on Wednesday, October 4th. Zacks Investment Research downgraded Mobile Mini from a hold rating to a sell rating in a report on Thursday, September 21st. Needham & Company LLC reiterated a buy rating and issued a $38.00 price objective on shares of Mobile Mini in a report on Friday, September 1st. Finally, BidaskClub upgraded Mobile Mini from a hold rating to a buy rating in a report on Friday, June 30th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the company. Mobile Mini currently has an average rating of Hold and a consensus target price of $35.33.

Mobile Mini (NASDAQ:MINI) traded up 1.34% during trading on Friday, reaching $33.95. The company’s stock had a trading volume of 14,232 shares. The stock has a market capitalization of $1.49 billion, a PE ratio of 29.50 and a beta of 2.26. The stock has a 50 day moving average price of $32.58 and a 200 day moving average price of $30.13. Mobile Mini has a 1-year low of $23.40 and a 1-year high of $37.05.

Mobile Mini (NASDAQ:MINI) last posted its quarterly earnings results on Friday, July 21st. The industrial products company reported $0.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.02). The company had revenue of $126.70 million during the quarter, compared to analyst estimates of $126.03 million. Mobile Mini had a net margin of 10.03% and a return on equity of 7.52%. Mobile Mini’s revenue for the quarter was up 1.5% on a year-over-year basis. During the same period in the prior year, the business earned $0.25 EPS. Analysts anticipate that Mobile Mini will post $1.21 earnings per share for the current fiscal year.

WARNING: “Mobile Mini’s (MINI) Neutral Rating Reiterated at Sidoti” was originally reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this news story on another website, it was stolen and republished in violation of US & international copyright & trademark laws. The correct version of this news story can be accessed at https://ledgergazette.com/2017/10/16/mobile-minis-mini-neutral-rating-reiterated-at-sidoti.html.

In other news, insider Mark Funk sold 36,080 shares of the stock in a transaction dated Thursday, July 27th. The stock was sold at an average price of $30.34, for a total value of $1,094,667.20. Following the transaction, the insider now owns 170,291 shares in the company, valued at approximately $5,166,628.94. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Lawrence Trachtenberg sold 10,000 shares of the stock in a transaction dated Monday, August 7th. The shares were sold at an average price of $31.59, for a total value of $315,900.00. Following the completion of the transaction, the director now owns 38,181 shares in the company, valued at approximately $1,206,137.79. The disclosure for this sale can be found here. In the last quarter, insiders sold 156,065 shares of company stock worth $4,832,212. Company insiders own 6.50% of the company’s stock.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Oppenheimer Asset Management Inc. increased its holdings in shares of Mobile Mini by 19.5% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 142,312 shares of the industrial products company’s stock valued at $4,248,000 after acquiring an additional 23,216 shares during the last quarter. Aperio Group LLC increased its holdings in shares of Mobile Mini by 14.0% in the 2nd quarter. Aperio Group LLC now owns 13,192 shares of the industrial products company’s stock valued at $394,000 after acquiring an additional 1,621 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of Mobile Mini by 15.4% in the 1st quarter. Bank of America Corp DE now owns 330,816 shares of the industrial products company’s stock valued at $10,090,000 after acquiring an additional 44,165 shares during the last quarter. Comerica Bank increased its holdings in shares of Mobile Mini by 23.1% in the 2nd quarter. Comerica Bank now owns 125,930 shares of the industrial products company’s stock valued at $3,847,000 after acquiring an additional 23,605 shares during the last quarter. Finally, OppenheimerFunds Inc. increased its holdings in shares of Mobile Mini by 24.6% in the 1st quarter. OppenheimerFunds Inc. now owns 13,119 shares of t

A number of other research firms have also issued reports on MINI. Robert W. Baird reaffirmed a hold rating and issued a $34.00 price target on shares of Mobile Mini in a research report on Thursday. KeyCorp reaffirmed a hold rating on shares of Mobile Mini in a research report on Wednesday, October 4th. Zacks Investment Research downgraded Mobile Mini from a hold rating to a sell rating in a report on Thursday, September 21st. Needham & Company LLC reiterated a buy rating and issued a $38.00 price objective on shares of Mobile Mini in a report on Friday, September 1st. Finally, BidaskClub upgraded Mobile Mini from a hold rating to a buy rating in a report on Friday, June 30th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the company. Mobile Mini currently has an average rating of Hold and a consensus target price of $35.33.

Mobile Mini (NASDAQ:MINI) traded up 1.34% during trading on Friday, reaching $33.95. The company’s stock had a trading volume of 14,232 shares. The stock has a market capitalization of $1.49 billion, a PE ratio of 29.50 and a beta of 2.26. The stock has a 50 day moving average price of $32.58 and a 200 day moving average price of $30.13. Mobile Mini has a 1-year low of $23.40 and a 1-year high of $37.05.

Mobile Mini (NASDAQ:MINI) last posted its quarterly earnings results on Friday, July 21st. The industrial products company reported $0.24 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.02). The company had revenue of $126.70 million during the quarter, compared to analyst estimates of $126.03 million. Mobile Mini had a net margin of 10.03% and a return on equity of 7.52%. Mobile Mini’s revenue for the quarter was up 1.5% on a year-over-year basis. During the same period in the prior year, the business earned $0.25 EPS. Analysts anticipate that Mobile Mini will post $1.21 earnings per share for the current fiscal year.

WARNING: “Mobile Mini’s (MINI) Neutral Rating Reiterated at Sidoti” was originally reported by The Ledger Gazette and is owned by of The Ledger Gazette. If you are viewing this news story on another website, it was stolen and republished in violation of US & international copyright & trademark laws. The correct version of this news story can be accessed at https://ledgergazette.com/2017/10/16/mobile-minis-mini-neutral-rating-reiterated-at-sidoti.html.

In other news, insider Mark Funk sold 36,080 shares of the stock in a transaction dated Thursday, July 27th. The stock was sold at an average price of $30.34, for a total value of $1,094,667.20. Following the transaction, the insider now owns 170,291 shares in the company, valued at approximately $5,166,628.94. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Lawrence Trachtenberg sold 10,000 shares of the stock in a transaction dated Monday, August 7th. The shares were sold at an average price of $31.59, for a total value of $315,900.00. Following the completion of the transaction, the director now owns 38,181 shares in the company, valued at approximately $1,206,137.79. The disclosure for this sale can be found here. In the last quarter, insiders sold 156,065 shares of company stock worth $4,832,212. Company insiders own 6.50% of the company’s stock.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Oppenheimer Asset Management Inc. increased its holdings in shares of Mobile Mini by 19.5% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 142,312 shares of the industrial products company’s stock valued at $4,248,000 after acquiring an additional 23,216 shares during the last quarter. Aperio Group LLC increased its holdings in shares of Mobile Mini by 14.0% in the 2nd quarter. Aperio Group LLC now owns 13,192 shares of the industrial products company’s stock valued at $394,000 after acquiring an additional 1,621 shares during the last quarter. Bank of America Corp DE increased its holdings in shares of Mobile Mini by 15.4% in the 1st quarter. Bank of America Corp DE now owns 330,816 shares of the industrial products company’s stock valued at $10,090,000 after acquiring an additional 44,165 shares during the last quarter. Comerica Bank increased its holdings in shares of Mobile Mini by 23.1% in the 2nd quarter. Comerica Bank now owns 125,930 shares of the industrial products company’s stock valued at $3,847,000 after acquiring an additional 23,605 shares during the last quarter. Finally, OppenheimerFunds Inc. increased its holdings in shares of Mobile Mini by 24.6% in the 1st quarter. OppenheimerFunds Inc. now owns 13,119 shares of the industrial products company’s stock valued at $400,000 after acquiring an additional 2,591 shares during the last quarter.

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.

Analyst Recommendations for Mobile Mini (NASDAQ:MINI)

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