Mobile Mini Receives Consensus Rating of “Buy” from Brokerages (NASDAQ:MINI)
Shares of Mobile Mini (NASDAQ:MINI) have been given a consensus recommendation of “Buy” by the eight ratings firms that are presently covering the stock, Analyst Ratings Network.com reports. Four equities research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 12-month target price among analysts that have issued a report on the stock in the last year is $45.00.
MINI has been the subject of a number of recent research reports. Analysts at Ned Davis Research upgraded shares of Mobile Mini from a “sell” rating to a “neutral” rating in a research note on Monday. Separately, analysts at Zacks upgraded shares of Mobile Mini from an “underperform” rating to a “neutral” rating in a research note on Tuesday, May 6th. They now have a $45.00 price target on the stock. Finally, analysts at Oppenheimer reiterated an “outperform” rating on shares of Mobile Mini in a research note on Thursday, May 1st. They now have a $47.00 price target on the stock.
Shares of Mobile Mini (NASDAQ:MINI) traded down 1.22% during mid-day trading on Tuesday, hitting $43.90. 249,808 shares of the company’s stock traded hands. Mobile Mini has a 1-year low of $27.53 and a 1-year high of $46.65. The stock’s 50-day moving average is $43.31 and its 200-day moving average is $40.9. The company has a market cap of $2.029 billion and a P/E ratio of 105.06.
Mobile Mini (NASDAQ:MINI) last released its earnings data on Wednesday, April 30th. The company reported $0.17 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.21 by $0.04. The company had revenue of $102.40 million for the quarter, compared to the consensus estimate of $101.30 million. During the same quarter in the prior year, the company posted $0.27 earnings per share. The company’s quarterly revenue was up 5.0% on a year-over-year basis. Analysts expect that Mobile Mini will post $1.15 EPS for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Wednesday, June 4th. Shareholders of record on Wednesday, May 21st will be given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 1.53%. The ex-dividend date of this dividend is Monday, May 19th.
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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.