Wabash National (WNC) Stock Price, News & Analysis

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.

Key Stats

• Today's Range: $18.15 to $18.72
• 50-Day Range: $16.90 to $20.10
• 52-Week Range: $15.94 to $30.07
• Volume: 406,387 shs
• Average Volume: 586,532 shs
• Market Capitalization: $799.13 million
• P/E Ratio: N/A
• Dividend Yield: 1.74%
• Price Target: $18.00
• Consensus Rating: Hold

Wabash National Stock Analysis - MarketRank™

Wabash National scored higher than 31% of companies evaluated by MarketBeat, and ranked 71st out of 88 stocks in the auto/tires/trucks sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.0 / 5
• Analyst Rating: Hold

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.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: -3.88%

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 -3.40, 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 -3.40, 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 3.97. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

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

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Wabash National pays a meaningful dividend of 1.68%, 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.

Sustainability and ESG

• Score: 0.6 / 5
• Environmental Score: -4.06

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 and Social Media

• Score: 2.6 / 5
• News Sentiment: 1.61

News Sentiment

Wabash National has a news sentiment score of 1.61. 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 0.60 average news sentiment score of Auto/Tires/Trucks companies.

News Coverage This Week

MarketBeat has tracked 3 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.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

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.

WNC Stock Analysis - Frequently Asked Questions

How have WNC shares performed this year?

Wabash National's stock was trading at $25.62 at the beginning of 2024. Since then, WNC stock has decreased by 28.0% and is now trading at $18.44.
View the best growth stocks for 2024 here.

How were Wabash National's earnings last quarter?

Wabash National Co. (NYSE:WNC) issued its quarterly earnings results on Thursday, October, 24th. The company reported $0.19 earnings per share for the quarter, missing the consensus estimate of $0.23 by $0.04. The firm's quarterly revenue was down 26.7% on a year-over-year basis.

Who are Wabash National's major shareholders?

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.

How do I buy shares of Wabash National?

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.

What other stocks do shareholders of Wabash National own?

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: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/06/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Auto/Tires/Trucks
• Industry: Truck trailers
• Sub-Industry: Construction & Farm Machinery & Heavy Trucks
• Current Symbol: NYSE:WNC
• CUSIP: 92956610
• CIK: 879526
• Web: www.wabashnational.com
• Phone: (765) 771-5300
• Fax: 765-447-9405
• 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: -2.4%
• Consensus Rating: Hold
• Rating Score (0-4): 2.00
• Research Coverage: 1 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($5.43)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 14.29
• P/E Growth: N/A
• Net Income: $231.25 million
• Net Margins: -10.94%
• Pretax Margin: -14.94%
• Return on Equity: 22.98%
• Return on Assets: 7.67%

Debt

• Debt-to-Equity Ratio: 1.97
• Current Ratio: 1.88
• Quick Ratio: 1.12

Sales & Book Value

• Annual Sales: $2.13 billion
• Price / Sales: 0.38
• Cash Flow: $5.82 per share
• Price / Cash Flow: 3.17
• Book Value: $4.64 per share
• Price / Book: 3.97

Miscellaneous

• Outstanding Shares: 43,337,000
• Free Float: 42,566,000
• Market Cap: $799.13 million
• Optionable: Optionable
• Beta: 1.54