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WillScot Holdings Corporation (WSC): A Bear Case Theory

We came across a bearish thesis on WillScot Holdings Corporation on DF Research’s Substack by Keith Dalrymple. In this article, we will summarize the bears’ thesis on WSC. WillScot Holdings Corporation's share was trading at $21.64 as of February 9th. WSC’s trailing and forward P/E were 17.87 and 26.04 respectively according to Yahoo Finance.

WillScot Holdings Corporation provides turnkey temporary space solutions in the United States, Canada, and Mexico. WSC is facing a challenging operating environment that is likely to pressure both 2H25 results and 2026 expectations....