Mobile Mini Stock Rating Upgraded by Zacks (MINI)
Mobile Mini (NASDAQ:MINI) was upgraded by Zacks from an “underperform” rating to a “neutral” rating in a research report issued on Tuesday, StockRatingsNetwork.com reports. The firm currently has a $42.20 price target on the stock. Zacks‘ target price would indicate a potential upside of 2.38% from the company’s current price.
MINI has been the subject of a number of other recent research reports. Analysts at TheStreet upgraded shares of Mobile Mini from a “hold” rating to a “buy” rating in a research note to investors on Tuesday, November 12th. Separately, analysts at Oppenheimer raised their price target on shares of Mobile Mini from $37.00 to $40.00 in a research note to investors on Monday, November 11th. They now have an “outperform” rating on the stock. Finally, analysts at Sidoti downgraded shares of Mobile Mini from a “buy” rating to a “neutral” rating in a research note to investors on Thursday, November 7th. Two equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Mobile Mini has an average rating of “Buy” and a consensus price target of $39.30.
Mobile Mini (NASDAQ:MINI) traded up 2.69% during mid-day trading on Tuesday, hitting $42.33. The stock had a trading volume of 154,477 shares. Mobile Mini has a one year low of $22.03 and a one year high of $41.75. The stock has a 50-day moving average of $39.61 and a 200-day moving average of $35.38. The company has a market cap of $1.927 billion and a P/E ratio of 81.14.
Mobile Mini (NASDAQ:MINI) last released its earnings data on Friday, November 8th. The company reported $0.31 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.31. The company had revenue of $105.49 million for the quarter, compared to the consensus estimate of $104.73 million. During the same quarter last year, the company posted $0.29 earnings per share. Mobile Mini’s revenue was up 6.6% compared to the same quarter last year. Analysts expect that Mobile Mini will post $1.12 EPS for the current fiscal year.
Mobile Mini, Inc (NASDAQ:MINI) is a provider of portable storage solutions with a total portable storage and office fleet of over 234,700 units as of December 31, 2012.
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