WillScot Holdings Corporation (WSC): A Bear Case Theory

We came across a bearish thesis on WillScot Holdings Corporation (WSC) on Substack by Keith Dalrymple. In this article, we will summarize the bears’ thesis on WSC. WillScot Holdings Corporation (WSC)'s share was trading at $23.21 as of April 16^th. WSC’s trailing and forward P/E were 161.53 and 15.80 respectively according to Yahoo Finance.

[caption id="attachment_1196467" align="aligncenter" width="768"] Aerial shot of a modular space surrounded by poratable storage units.[/caption]

WillScot Holdings Corporation (WSC) recent investor day and unexpected $500 million debt...