Mobile Mini (NASDAQ:MINI) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research note issued to investors on Wednesday.

According to Zacks, “Mobile Mini, Inc. is the world’s leading provider of portable storage solutions through its total rental fleet of approximately 210,900 storage solutions containers and office units and a leading provider of tank and pump solutions in the U.S., with a rental fleet of approximately 12,000 units. Mobile Mini’s network is comprised of 156 locations in the U.S., U.K., and Canada. Mobile Mini international presence and diverse fleet enables to meet customers’ storage and tank-and-pump rental requirements whenever and wherever they need. Mobile Mini is committed to providing the most secure and convenient storage, tank and pump solutions. Mobile Mini Company takes pride in convenience, customer service, and high-security products, and Mobile Mini are always looking for ways to improve services and exceed your expectations. “

Several other equities research analysts also recently weighed in on MINI. Needham & Company LLC reaffirmed a “buy” rating and set a $38.00 price target on shares of Mobile Mini in a report on Friday, September 1st. Robert W. Baird set a $34.00 price objective on Mobile Mini and gave the stock a “hold” rating in a research report on Sunday, September 10th. KeyCorp reiterated a “hold” rating on shares of Mobile Mini in a research report on Wednesday, October 4th. Sidoti reiterated a “neutral” rating on shares of Mobile Mini in a research report on Friday, October 13th. Finally, SunTrust Banks reiterated a “hold” rating on shares of Mobile Mini in a research report on Sunday, October 22nd. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company. Mobile Mini currently has a consensus rating of “Hold” and an average price target of $37.00.

Shares of Mobile Mini (MINI) opened at $34.65 on Wednesday. The company has a current ratio of 0.18, a quick ratio of 0.15 and a debt-to-equity ratio of 0.38. Mobile Mini has a fifty-two week low of $26.70 and a fifty-two week high of $37.05. The firm has a market capitalization of $1,540.00, a price-to-earnings ratio of 30.94, a P/E/G ratio of 2.25 and a beta of 2.34.

Mobile Mini (NASDAQ:MINI) last issued its quarterly earnings results on Friday, October 20th. The industrial products company reported $0.27 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.32 by ($0.05). Mobile Mini had a return on equity of 7.17% and a net margin of 9.59%. The company had revenue of $136.64 million for the quarter, compared to analyst estimates of $133.73 million. During the same period in the prior year, the business earned $0.31 earnings per share. Mobile Mini’s revenue for the quarter was up 6.0% compared to the same quarter last year. analysts anticipate that Mobile Mini will post 1.11 EPS for the current year.

In other Mobile Mini news, Director Stephen A. Mcconnell sold 4,000 shares of the stock in a transaction on Thursday, November 30th. The stock was sold at an average price of $36.10, for a total value of $144,400.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Corporate insiders own 6.50% of the company’s stock.

Hedge funds have recently made changes to their positions in the company. Dynamic Technology Lab Private Ltd increased its position in shares of Mobile Mini by 103.3% in the second quarter. Dynamic Technology Lab Private Ltd now owns 17,623 shares of the industrial products company’s stock valued at $526,000 after buying an additional 8,953 shares in the last quarter. Oppenheimer Asset Management Inc. increased its position in shares of Mobile Mini by 19.5% in the second quarter. Oppenheimer Asset Management Inc. now owns 142,312 shares of the industrial products company’s stock valued at $4,248,000 after buying an additional 23,216 shares in the last quarter. Riverbridge Partners LLC increased its position in shares of Mobile Mini by 53.6% in the third quarter. Riverbridge Partners LLC now owns 1,330,145 shares of the industrial products company’s stock valued at $45,823,000 after buying an additional 464,332 shares in the last quarter. Parametric Portfolio Associates LLC increased its position in shares of Mobile Mini by 17.2% in the second quarter. Parametric Portfolio Associates LLC now owns 104,731 shares of the industrial products company’s stock valued at $3,126,000 after buying an additional 15,342 shares in the last quarter. Finally, Schwab Charles Investment Management Inc. increased its position in shares of Mobile Mini by 6.3% in the second quarter. Schwab Charles Investment Management Inc. now owns 251,130 shares of the industrial products company’s stock valued at $7,497,000 after buying an additional 14,900 shares in the last quarter.

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Mobile Mini Company Profile

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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