WSC Price Prediction Next Week
Based on the provided data and current market context, here's the analysis for WSC's price prediction for the next trading week:
Technical Analysis
The stock has shown significant volatility in recent months. Key technical indicators suggest:
- Currently trading near support levels around $27.50, indicated by high put option activity
- Experiencing increased institutional interest, with Leon Cooperman's Omega Advisors increasing stake by 10.5% to over $130 million
- Stock has rallied more than 12% in 2025 after dropping 11% in Q4 2024
Fundamental Factors
- Company recently announced its first dividend of $0.07 per share, payable on March 19, 2025
- Morgan Stanley maintains 'Overweight' rating with $50 price target, viewing the new dividend plan as positive for attracting long-term investors
- Strong market position as leading provider of innovative space and storage solutions across North America
Price Prediction for Next Week
Based on technical and fundamental analysis:
- Support level: $27.50 (based on high put option activity)
- Resistance level: $30.00 (based on recent trading patterns)
- Expected trading range: $28.00-$31.00
Target Price: $29.50 by end of next week
Recommendation: BUY
- Entry point: Current levels around $27.50-$28.00
- Stop loss: $26.50
- Take profit: $31.00
Rationale:
- Strong institutional backing
- New dividend policy indicating financial strength
- Technical support at current levels
- Positive analyst outlook with significant upside potential
WSC Similar Chart Price Prediction
The price of WSC is predicted to go up -1.65%, based on the high correlation periods with FND. The similarity of these two price pattern on the periods is 97.82%.
WSC
FND
Down: -1.65%Similarity: 97.82%
WSC Revenue Forecast
WSC EPS Forecast
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WSC Analyst's Forecast
Angel Castillo
Morgan Stanley
Hold → Buy
2024-12-17
Price Target
$40 → $50
Upside
+37.06%
Morgan Stanley upgraded WillScot to Overweight from Equal Weight with a price target of $50, up from $40. The firm also upgraded its Machinery industry view to Attractive as it expects 2025 to "offer clarity on key equipment cycles, warranting higher beta." Machinery equipment cycles may be approaching a trough, the analyst tells investors in a research note. Morgan Stanley believes improved cycle visibility warrants adding some incremental beta to one's portfolio. However, with macro and geopolitical uncertainty still abound, risk remains elevated, so the choices for higher beta are names that "represent the more de-risked and attractive fundamental stories" where value can be unlocked in the coming year," contends Morgan Stanley.
Manav Patnaik
Barclays
Hold
2024-11-01
Price Target
$44 → $40
Upside
+9.47%
Faiza Alwy
Deutsche Bank
Strong Buy → Hold
2024-10-31
Price Target
$46 → $35
Upside
+5.61%
