2 weeks Ago By ABMN Staff
DA Davidson reaffirmed their neutral rating on shares of Wabash National ( NYSE:WNC – Free Report ) in a report published on Monday morning, Benzinga reports. The firm currently has a $18.00 price objective on the stock.
Wabash National Stock Performance WNC opened at $19.19 on Monday. The stock has a market cap of $844.
36 million, a P/E ratio of 4.58 and a beta of 1.53.
The company has a debt-to-equity ratio of 0.72, a current ratio of 1.99 and a quick ratio of 1.
15. The stock’s 50 day simple moving average is $19.61 and its 200 day simple moving average is $22.
38. Wabash National has a 1-year low of $17.71 and a 1-year high of $30.
07. Wabash National ( NYSE:WNC – Get Free Report ) last released its quarterly earnings results on Wednesday, July 24th. The company reported $0.
64 earnings per share for the quarter, topping analysts’ consensus estimates of $0.56 by $0.08.
The business had revenue of $550.61 million for the quarter, compared to analysts’ expectations of $594.77 million.
Wabash National had a return on equity of 28.24% and a net margin of 6.66%.
The company’s revenue was down 19.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.
54 EPS. As a group, equities analysts anticipate that Wabash National will post 1.53 EPS for the current fiscal year.
Wabash National Announces Dividend Institutional Investors Weigh In On Wabash National A number of large investors have recently bought and sold shares of the stock. Point72 DIFC Ltd acquired a new stake in Wabash National during the 2nd quarter valued at $100,000. Sanctuary Advisors LLC acquired a new stake in Wabash National during the 2nd quarter valued at $294,000.
Point72 Asset Management L.P. acquired a new stake in Wabash National during the 2nd quarter valued at $181,000.
Algert Global LLC grew its holdings in Wabash National by 105.2% during the 2nd quarter. Algert Global LLC now owns 31,994 shares of the company’s stock valued at $699,000 after buying an additional 16,404 shares during the last quarter.
Finally, Pacific Ridge Capital Partners LLC lifted its stake in shares of Wabash National by 11.9% during the 2nd quarter. Pacific Ridge Capital Partners LLC now owns 72,006 shares of the company’s stock worth $1,573,000 after purchasing an additional 7,644 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. Featured Articles 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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