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NYSE:WNC

Wabash National (WNC) Stock Price, News & Analysis

Wabash National logo
$19.16 -0.19 (-0.98%)
(As of 11/15/2024 ET)

About Wabash National Stock (NYSE:WNC)

Key Stats

Today's Range
$19.09
$19.59
50-Day Range
$16.90
$20.10
52-Week Range
$15.94
$30.07
Volume
330,671 shs
Average Volume
600,121 shs
Market Capitalization
$830.39 million
P/E Ratio
N/A
Dividend Yield
1.67%
Price Target
$18.00
Consensus Rating
Hold

Company Overview

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. The Parts & Services segment provides aftermarket parts and services; steel flatbed bodies, truck body mounting, shelving for package delivery, partitions, roof racks, hitches, liftgates, thermal solutions, and others; truck body repair parts; and door repair and replacement, collision repair, and basic maintenance services. It also develops and scales a digital marketplace for the transportation and logistics distribution industry; operates a parts and services distribution platform; and stainless steel storage tanks and silos, mixers, and processors for the dairy, food and beverage, pharmaceutical, chemical, craft brewing, and biotech markets; trailers as a service; and composite products, including truck bodies, overhead doors, and other industrial application products, as well as used trailers. The company offers its products under the Wabash, DuraPlate, DuraPlateHD, DuraPlate AeroSkirt, and AeroSkirt CX brands, as well as EcoNex brand. It serves its products to truckload common carriers, leasing companies, private fleet carriers, less-than-truckload common carriers, and package carriers. Wabash National Corporation was founded in 1985 and is headquartered in Lafayette, Indiana.

Wabash National Stock Analysis - MarketRank™

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31st Percentile Overall Score

WNC MarketRank™: 

Wabash National scored higher than 31% of companies evaluated by MarketBeat, and ranked 81st out of 89 stocks in the auto/tires/trucks sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Wabash National has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    Wabash National has only been the subject of 1 research reports in the past 90 days.

  • Read more about Wabash National's stock forecast and price target.
  • Earnings Growth

    Earnings for Wabash National are expected to decrease by -3.88% in the coming year, from $1.29 to $1.24 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Wabash National is -3.53, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Wabash National is -3.53, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Wabash National has a P/B Ratio of 4.13. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Wabash National's valuation and earnings.
  • Percentage of Shares Shorted

    13.02% of the float of Wabash National has been sold short.
  • Short Interest Ratio / Days to Cover

    Wabash National has a short interest ratio ("days to cover") of 10.3, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Wabash National has recently decreased by 9.29%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Wabash National pays a meaningful dividend of 1.67%, higher than the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Wabash National does not have a long track record of dividend growth.

  • Dividend Sustainability

    Based on earnings estimates, Wabash National will have a dividend payout ratio of 25.81% next year. This indicates that Wabash National will be able to sustain or increase its dividend.

  • Read more about Wabash National's dividend.
  • Percentage of Shares Shorted

    13.02% of the float of Wabash National has been sold short.
  • Short Interest Ratio / Days to Cover

    Wabash National has a short interest ratio ("days to cover") of 10.3, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Wabash National has recently decreased by 9.29%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Wabash National has a news sentiment score of 0.88. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.63 average news sentiment score of Auto/Tires/Trucks companies.
  • News Coverage This Week

    MarketBeat has tracked 2 news articles for Wabash National this week, compared to 4 articles on an average week.
  • Search Interest

    Only 1 people have searched for WNC on MarketBeat in the last 30 days. This is a decrease of -50% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Wabash National insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 1.78% of the stock of Wabash National is held by insiders.

  • Percentage Held by Institutions

    97.05% of the stock of Wabash National is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Wabash National's insider trading history.
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WNC Stock News Headlines

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WNC Stock Analysis - Frequently Asked Questions

Wabash National's stock was trading at $25.62 at the start of the year. Since then, WNC shares have decreased by 25.2% and is now trading at $19.16.
View the best growth stocks for 2024 here
.

Wabash National Co. (NYSE:WNC) announced its quarterly earnings data on Thursday, October, 24th. The company reported $0.19 EPS for the quarter, missing analysts' consensus estimates of $0.23 by $0.04. The business's revenue was down 26.7% on a year-over-year basis.

Wabash National's top institutional investors include Wasatch Advisors LP (4.33%), State Street Corp (4.03%), Royce & Associates LP (2.88%) and Victory Capital Management Inc. (2.41%). Insiders that own company stock include Brent L Yeagy, Larry J Magee, John G Boss, Michael N Pettit, Dustin T Smith and Kevin J Page.
View institutional ownership trends
.

Shares of WNC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Wabash National investors own include Voyager Therapeutics (VYGR), American Water Works (AWK), Waste Connections (WCN), The RMR Group (RMR), AUO (AUOTY), DiamondRock Hospitality (DRH) and Humana (HUM).

Company Calendar

Ex-Dividend for 10/31 Dividend
10/10/2024
Last Earnings
10/24/2024
Dividend Payable
10/31/2024
Today
11/17/2024
Fiscal Year End
12/31/2024
Next Earnings (Estimated)
2/06/2025

Industry, Sector and Symbol

Industry
Truck trailers
Sub-Industry
Construction & Farm Machinery & Heavy Trucks
CUSIP
92956610
Employees
6,700
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$18.00
High Stock Price Target
$18.00
Low Stock Price Target
$18.00
Potential Upside/Downside
-6.1%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$231.25 million
Pretax Margin
-14.94%

Debt

Sales & Book Value

Annual Sales
$2.54 billion
Cash Flow
$6.01 per share
Book Value
$4.64 per share

Miscellaneous

Free Float
42,566,000
Market Cap
$830.39 million
Optionable
Optionable
Beta
1.54

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This page (NYSE:WNC) was last updated on 11/17/2024 by MarketBeat.com Staff
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