WillScot Stock Rises on Upgrade News
WillScot Holdings Corp saw a significant increase of 6.91% following an upgrade from Baird, which raised its rating to Outperform and set a new price target of $22. This upgrade was based on the company's strong performance in Q3, which analysts believe indicates an 'investable bottom' for the stock.
Analyst Andrew Wittmann highlighted WillScot's market leadership and growth potential in value-added services, suggesting that the company is well-positioned for future growth. The upgrade has generated positive sentiment among investors, contributing to the stock's upward momentum.
Overall, the stock's rise reflects both the positive analyst outlook and broader market trends, as the Nasdaq-100 and S&P 500 also posted gains on the same day.
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- Downgrade Announcement: Baird downgraded WillScot Holdings (NASDAQ:WSC) from Outperform to Neutral while raising its price target from $22 to $23, indicating that the company's rental rates and revenue growth remain sluggish, which may dampen investor confidence.
- Dividend Plan Initiation: WillScot announced a quarterly dividend of $0.07 per share with a yield of 1.39%, aiming to return excess capital to shareholders through stable cash flows, thereby enhancing market confidence in the company's long-term growth outlook.
- Cautious Market Outlook: A quarterly survey from the National Portable Storage Association suggests a more balanced market setup for WillScot, but with 2026 estimates trending lower, indicating potential limitations on the company's future growth prospects.
- Management Confidence: CEO Brad Soultz stated that the board plans to regularly review the dividend program with the long-term goal of increasing payouts, reflecting the company's strong financial position and cash flow durability across market cycles.

- Tetra Downgrade: Clear Street analyst Tim Moore downgraded Tetra Technologies Inc (NYSE:TTI) from Buy to Hold while raising the price target from $10 to $11, indicating a cautious market outlook despite shares closing at $11.24 on Tuesday.
- Willscot Rating Change: Baird analyst Andrew Wittmann downgraded Willscot Holdings Corp (NASDAQ:WSC) from Outperform to Neutral, increasing the price target from $22 to $23, reflecting a reassessment of growth potential with shares closing at $21.70 on Tuesday.
- Darden Rating Adjustment: Raymond James analyst Brian Vaccaro downgraded Darden Restaurants Inc (NYSE:DRI) from Outperform to Market Perform, signaling concerns about future performance with shares closing at $208.88 on Tuesday.
- ABM Downgrade: Truist Securities analyst Jasper Bibb downgraded ABM Industries Inc (NYSE:ABM) from Buy to Hold and slashed the price target to $47, down from $58, with shares closing at $45.44 on Tuesday, indicating worries about profitability.
Put Contract Analysis: The $17.50 put contract for WSC has a bid of $1.00, allowing investors to buy shares at an effective cost of $16.50, which is a 6% discount from the current price of $18.55. There is a 65% chance the contract may expire worthless, potentially yielding a 5.71% return on cash commitment.
Call Contract Strategy: The $20.00 call contract has a bid of 95 cents, offering a potential total return of 12.94% if the stock is sold at expiration. This strike price is an 8% premium over the current stock price, with a 58% chance of expiring worthless, allowing investors to keep both shares and premium.
YieldBoost Concept: Both the put and call contracts provide a "YieldBoost," with the put offering a 33.11% annualized return if it expires worthless, and the call providing a 29.67% annualized return under similar conditions.
Volatility Insights: The implied volatility for the put contract is 58% and for the call contract is 55%, while the actual trailing twelve-month volatility is calculated at 50%, indicating potential price fluctuations in WSC stock.
Upcoming Ex-Dividend Dates: Avnet Inc, Enpro Inc, and WillScot Holdings Corp will trade ex-dividend on 12/3/25, with respective dividends of $0.35, $0.31, and $0.07 payable on 12/17/25.
Expected Price Adjustments: Following the ex-dividend date, shares of Avnet Inc are expected to open 0.74% lower, Enpro Inc 0.14% lower, and WillScot Holdings Corp 0.35% lower, based on their recent stock prices.
Dividend Yield Estimates: The estimated annualized yields for the companies are 2.95% for Avnet Inc, 0.56% for Enpro Inc, and 1.42% for WillScot Holdings Corp, reflecting their historical dividend stability.
Current Trading Performance: As of Monday trading, Avnet Inc shares are up 0.6%, while Enpro Inc and WillScot Holdings Corp shares are down 0.2% and 2.1%, respectively.
Dividend Predictability: Dividend amounts for companies like WillScot Holdings Corp are influenced by profitability, making them unpredictable; the recent dividend yield is estimated at 1.4%.
Options Trading Insights: The stock's historical volatility is calculated at 51%, and selling covered calls at the $22.50 strike may offer a favorable risk-reward balance.
Market Activity: On a recent trading day, S&P 500 put volume was 1.01M contracts compared to 1.80M call contracts, indicating a preference for calls among traders.
Author's Perspective: The opinions expressed in the article are those of the author and do not necessarily represent the views of Nasdaq, Inc.

Market Rebound: Wall Street experienced a significant rebound after a volatile week, driven by dovish comments from Federal Reserve officials suggesting a potential rate cut next month, with the probability of a December cut rising to 70%.
Sector Performance: All 11 S&P 500 sectors saw gains, particularly basic materials and consumer discretionary, while homebuilders, tracked by the XHB ETF, surged 5.3%, marking their best day since April.
Interest Rates and Treasury Yields: Treasury yields fell, with the 10-year note dropping to 4.05%, the lowest since late October, as investors reacted to the dovish shift in monetary policy.
Tech Stocks Struggle: Despite the overall market rally, tech stocks, particularly Oracle, continued to decline, with Oracle's stock down 10% for the week, reflecting ongoing concerns over high valuations in the AI sector.









