Added to YB: 2026-10-14
Pitch date: 2026-10-12
WSC [bearish]
WillScot Holdings Corporation
+5.97%
current return
Author Info
No bio for this author
Company Info
WillScot Holdings Corporation provides turnkey temporary space solutions in the United States, Canada, and Mexico.
Market Cap
$3.2B
Pitch Price
$17.42
Price Target
N/A
Dividend
1.61%
EV/EBITDA
9.61
P/E
-45.86
EV/Sales
3.02
Sector
Construction and Engineering
Category
value
Portfolio update, WSC tax loss harvesting
WSC (bearish): WillScot’s scale leadership in modular and portable storage—underscored by the FTC-blocked McGrath merger—does not eliminate its cyclical and balance-sheet risks. Non-residential construction remains weak, leverage is 3.7x debt/EBITDA, and roughly $2B of senior notes may require materially costlier refinancing. Fleet write-downs point to excess older equipment rather than a sale signal, while cited data-center tailwinds have yet to appear in results, though they could emerge through D&I revenue.
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