Needham & Company Gives Hold Rating to Mobile Mini (MINI)

By admin | 7 years ago

Mobile Mini (NASDAQ: MINI)‘s stock had its “hold” rating restated by equities researchers at Needham & Company in a report issued on Monday.

Shares of Mobile Mini traded down 2.14% during mid-day trading on Monday, hitting $15.58. Mobile Mini has a one year low of $14.97 and a one year high of $23.08. The company has a market cap of $693.1 million and a P/E ratio of 22.08.

Mobile Mini last issued its quarterly earnings data on Friday, May 4th. The company reported $0.12 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.18 by $0.06. The company’s quarterly revenue was up 6.0% on a year-over-year basis. On average, analysts predict that Mobile Mini will post $0.24 earnings per share next quarter.

MINI has been the subject of a number of other recent research reports. Analysts at Oppenheimer (NYSE: OPY) cut their price target on shares of Mobile Mini from $26.00 to $21.00 in a research note to investors on Monday.

Mobile Mini, Inc. is the world’s leading provider of portable storage solutions through its total lease fleet of over 236,600 portable storage containers and office units with 134 locations in the U.

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