Professional
Added to YB: 2025-11-11
Pitch date: 2025-11-06
WSC [neutral]
WillScot Holdings Corporation
+5.9%
current return
Author Info
DF Research shares (mostly) short-biased research from Dalrymple Finance. Sign up for the newsletter.
Company Info
WillScot Holdings Corporation provides turnkey temporary space solutions in the United States, Canada, and Mexico.
Market Cap
$3.2B
Pitch Price
$19.26
Price Target
N/A
Dividend
1.59%
EV/EBITDA
9.64
P/E
14.64
EV/Sales
3.06
Sector
Construction and Engineering
Category
N/A
WSC: 2026 estimates likely need to be slashed
WSC (update): Bearish on modular/storage rental co. 3Q25 miss likely, 2H25 guidance at risk. Non-residential construction weak, URI aggressively competing in data centers. UOR declining -5.6%/-13.8% modular/storage, pricing tailwinds exhausted. 2026 EBITDA estimates $1.037B appear unrealistic given deployment trends. Sell-side cuts coming.
Read full article (4 min)