1 week Ago By ABMN Staff
Wabash National Co. ( NYSE:WNC – Get Free Report ) SVP Michael N. Pettit sold 1,500 shares of the stock in a transaction dated Tuesday, December 31st.
The shares were sold at an average price of $17.19, for a total value of $25,785.00.
Following the completion of 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 position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website . Wabash National Trading Up 0.
7 % Shares of WNC opened at $17.12 on Friday. The company has a market capitalization of $741.
93 million, a P/E ratio of -3.15 and a beta of 1.54.
Wabash National Co. has a one year low of $15.94 and a one year high of $30.
07. The company has a debt-to-equity ratio of 1.97, a quick ratio of 1.
12 and a current ratio of 1.88. The stock has a 50-day moving average price of $18.
60 and a 200 day moving average price of $19.41. Wabash National ( NYSE:WNC – Get Free Report ) last announced its quarterly earnings data on Thursday, October 24th.
The company reported $0.19 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by ($0.
04). Wabash National had a negative net margin of 10.94% and a positive return on equity of 22.
98%. The firm had revenue of $464.00 million for the quarter, compared to analyst estimates of $477.
35 million. During the same quarter in the previous year, the company earned $1.16 EPS.
The company’s quarterly revenue was down 26.7% compared to the same quarter last year. Sell-side analysts forecast that Wabash National Co.
will post 1.29 EPS for the current fiscal year. Wabash National Announces Dividend Analyst Ratings Changes Separately, DA Davidson reissued a “neutral” rating and issued a $18.
00 price target on shares of Wabash National in a report on Monday, September 30th. Get Our Latest Report on Wabash National Institutional Trading of Wabash National Several institutional investors and hedge funds have recently bought and sold shares of the company. Sanctuary Advisors LLC raised its stake in Wabash National by 66.
3% during the third quarter. Sanctuary Advisors LLC now owns 22,410 shares of the company’s stock valued at $433,000 after buying an additional 8,932 shares in the last quarter. Meros Investment Management LP raised its position in shares of Wabash National by 21.
1% during the 3rd quarter. Meros Investment Management LP now owns 483,774 shares of the company’s stock worth $9,284,000 after purchasing an additional 84,308 shares during the period. Vestcor Inc acquired a new stake in shares of Wabash National during the 3rd quarter worth approximately $512,000.
Barclays PLC raised its position in shares of Wabash National by 121.4% during the 3rd quarter. Barclays PLC now owns 163,251 shares of the company’s stock worth $3,132,000 after purchasing an additional 89,522 shares during the period.
Finally, Jane Street Group LLC raised its position in shares of Wabash National by 46.8% during the 3rd quarter. Jane Street Group LLC now owns 160,946 shares of the company’s stock worth $3,089,000 after purchasing an additional 51,274 shares during the period.
Institutional investors and hedge funds own 97.05% of the company’s stock. Wabash National Company Profile ( Get Free Report ) 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. See Also Receive News & Ratings for Wabash National Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wabash National and related companies with MarketBeat.
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