News coverage about Wabash National (NYSE:WNC) has been trending positive this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of media coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Wabash National earned a media sentiment score of 0.29 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 47.7443811480982 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
A number of equities analysts have issued reports on the company. Zacks Investment Research lowered Wabash National from a “buy” rating to a “hold” rating in a research note on Thursday, February 22nd. Seaport Global Securities reaffirmed a “neutral” rating on shares of Wabash National in a research note on Tuesday, January 16th. OTR Global raised Wabash National to a “positive” rating in a research note on Thursday, March 1st. Stifel Nicolaus increased their price target on Wabash National from $23.00 to $26.00 and gave the company a “hold” rating in a research note on Thursday, February 1st. Finally, ValuEngine raised Wabash National from a “buy” rating to a “strong-buy” rating in a research note on Sunday, December 31st. Six equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $26.40.
Shares of Wabash National (NYSE WNC) opened at $22.15 on Monday. Wabash National has a 52-week low of $18.25 and a 52-week high of $26.54. The company has a market capitalization of $1,276.95, a price-to-earnings ratio of 12.44, a PEG ratio of 0.52 and a beta of 1.82. The company has a debt-to-equity ratio of 1.00, a quick ratio of 1.39 and a current ratio of 2.03.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 26th. Stockholders of record on Thursday, April 5th will be given a dividend of $0.075 per share. The ex-dividend date of this dividend is Wednesday, April 4th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 1.35%. Wabash National’s dividend payout ratio (DPR) is presently 16.85%.
In other news, CEO Richard J. Giromini sold 58,300 shares of the stock in a transaction on Tuesday, February 6th. The stock was sold at an average price of $25.04, for a total transaction of $1,459,832.00. Following the completion of the sale, the chief executive officer now owns 803,680 shares in the company, valued at approximately $20,124,147.20. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 2.90% of the stock is currently owned by corporate insiders.
Wabash National Company Profile
Wabash National Corporation is a diversified industrial manufacturer and producer of semi-trailers and liquid transportation systems. The Company’s segments include Commercial Trailer Products; Diversified Products, and Corporate and Eliminations segment. The Company designs, manufactures and markets a range of products, including dry freight and refrigerated trailers, platform trailers, bulk tank trailers, dry and refrigerated truck bodies, truck-mounted tanks, intermodal equipment, aircraft refueling equipment, structural composite panels and products, trailer aerodynamic solutions, and specialty food grade and pharmaceutical equipment.
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