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

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. “

MINI has been the subject of a number of other research reports. BidaskClub cut Mobile Mini from a “hold” rating to a “sell” rating in a research report on Saturday, March 9th. ValuEngine cut Mobile Mini from a “hold” rating to a “sell” rating in a research report on Wednesday, February 20th. Oppenheimer reduced their price objective on Mobile Mini from $47.00 to $40.00 and set an “outperform” rating for the company in a research report on Monday, February 4th. Finally, TheStreet cut Mobile Mini from a “b” rating to a “c” rating in a research report on Friday, February 1st. Three analysts have rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $47.33.

MINI opened at $33.99 on Thursday. The firm has a market cap of $1.53 billion, a P/E ratio of 20.73, a PEG ratio of 1.22 and a beta of 1.75. Mobile Mini has a 1 year low of $29.46 and a 1 year high of $50.40. The company has a quick ratio of 0.19, a current ratio of 0.21 and a debt-to-equity ratio of 0.38.

Mobile Mini (NASDAQ:MINI) last released its quarterly earnings data on Friday, February 1st. The industrial products company reported $0.53 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.57 by ($0.04). The firm had revenue of $160.90 million for the quarter, compared to analyst estimates of $155.55 million. Mobile Mini had a negative net margin of 1.36% and a positive return on equity of 8.74%. Mobile Mini’s revenue for the quarter was up 9.7% on a year-over-year basis. During the same period in the previous year, the business posted $0.41 EPS. As a group, analysts predict that Mobile Mini will post 1.96 earnings per share for the current year.

Large investors have recently made changes to their positions in the business. Teachers Advisors LLC lifted its position in shares of Mobile Mini by 2.8% in the third quarter. Teachers Advisors LLC now owns 89,368 shares of the industrial products company’s stock worth $3,919,000 after buying an additional 2,438 shares during the last quarter. Vanguard Group Inc. lifted its position in shares of Mobile Mini by 2.0% in the third quarter. Vanguard Group Inc. now owns 4,610,861 shares of the industrial products company’s stock worth $202,187,000 after buying an additional 91,893 shares during the last quarter. Alpha Windward LLC acquired a new stake in shares of Mobile Mini in the fourth quarter worth about $370,000. Wells Fargo & Company MN lifted its position in shares of Mobile Mini by 3.3% in the third quarter. Wells Fargo & Company MN now owns 118,200 shares of the industrial products company’s stock worth $5,183,000 after buying an additional 3,775 shares during the last quarter. Finally, Thrivent Financial for Lutherans lifted its position in shares of Mobile Mini by 2.2% in the fourth quarter. Thrivent Financial for Lutherans now owns 32,105 shares of the industrial products company’s stock worth $1,019,000 after buying an additional 706 shares during the last quarter. 98.18% of the stock is owned by institutional investors.

About Mobile Mini

Mobile Mini, Inc provides portable storage and specialty containment solutions. It operates through three segments: Storage Solutions North America, Storage Solutions United Kingdom, and Tank & Pump Solutions. The company offers various portable storage and office products, including steel storage containers and steel ground level offices serving construction companies, large and small retailers, medical centers, schools, utilities, distributors, the military, hotels, restaurants, entertainment complexes, and households for application in the storage of construction materials and equipment, retail and manufacturing inventory, documents and records, and other goods.

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