FY2025 EPS Estimate for Wabash National Reduced by Analyst

Wabash National Co. (NYSE:WNC - Free Report) - Equities research analysts at DA Davidson dropped their FY2025 earnings per share (EPS) estimates for shares of Wabash National in a research note issued on Monday, February 3rd. DA Davidson analyst M. Shlisky now expects that the company will post earnings of $0.94 per share for the year, down from their prior estimate of $1.24. The consensus estimate for Wabash National's current full-year earnings is $0.94 per share.

Wabash National (NYSE:WNC - Get Free Report) last announced its earnings results on Wednesday, January 29th. The company reported ($0.02) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by ($0.04). Wabash National had a positive return on equity of 14.72% and a negative net margin of 14.59%. During the same quarter in the previous year, the business earned $1.07 earnings per share.

Wabash National Trading Down 4.8 %

Shares of Wabash National stock traded down $0.69 during trading on Wednesday, reaching $13.63. 852,295 shares of the stock were exchanged, compared to its average volume of 1,069,685. The company has a quick ratio of 1.09, a current ratio of 1.93 and a debt-to-equity ratio of 2.10. Wabash National has a 1 year low of $13.60 and a 1 year high of $30.07. The firm has a market cap of $590.72 million, a price-to-earnings ratio of -2.09 and a beta of 1.55. The stock's fifty day moving average is $17.07 and its 200 day moving average is $18.39.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in WNC. Kathleen S. Wright Associates Inc. purchased a new position in shares of Wabash National during the 3rd quarter worth $27,000. Gladius Capital Management LP purchased a new position in Wabash National during the third quarter valued at approximately $29,000. Meeder Asset Management Inc. bought a new position in shares of Wabash National in the third quarter worth approximately $44,000. EMC Capital Management increased its stake in shares of Wabash National by 88.1% in the fourth quarter. EMC Capital Management now owns 8,250 shares of the company's stock worth $141,000 after purchasing an additional 3,864 shares in the last quarter. Finally, AlphaQuest LLC raised its position in shares of Wabash National by 332,066.7% during the 4th quarter. AlphaQuest LLC now owns 9,965 shares of the company's stock valued at $171,000 after purchasing an additional 9,962 shares during the period. 97.05% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Wabash National

In other news, SVP Michael N. Pettit sold 1,500 shares of the company's stock in a transaction on Tuesday, December 31st. The stock was sold at an average price of $17.19, for a total transaction of $25,785.00. Following the transaction, the senior vice president now directly owns 117,227 shares of the company's stock, valued at $2,015,132.13. This represents a 1.26 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 1.78% of the company's stock.

Wabash National Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 30th. Investors of record on Friday, January 10th were paid a $0.08 dividend. The ex-dividend date of this dividend was Friday, January 10th. This represents a $0.32 annualized dividend and a dividend yield of 2.35%. Wabash National's payout ratio is -4.91%.

Wabash National Company Profile

Wabash National Corporation provides connected solutions for the transportation, logistics, and distribution industries primarily in the United States. The company operates through two segments, Transportation Solutions and Parts & Services. The Transportation Solutions segment designs and manufactures transportation-related equipment and products dry and refrigerated van trailers, platform trailers, tank trailers, and truck-mounted tanks; truck bodies for dry-freight transportation; cargo and cargo XL bodies for commercial applications; refrigerated truck bodies; platform truck bodies; and used trailers, as well as laminated hardwood oak flooring products.