FY2025 EPS Estimates for Wabash National Reduced by Analyst

Wabash National Co. (NYSE:WNC) – Investment analysts at DA Davidson lowered their FY2025 earnings per share estimates for shares of Wabash National in a research report issued on Monday, February 3rd. DA Davidson analyst M. Shlisky now expects that the company will post earnings per share of $0.94 for the year, down from their previous estimate of $1.24. The consensus estimate for Wabash National’s current full-year earnings is $0.95 per share.

Wabash National Stock Down 1.3 %

WNC opened at $15.09 on Wednesday. Wabash National has a 12 month low of $14.87 and a 12 month high of $30.07. The company has a debt-to-equity ratio of 2.10, a current ratio of 1.93 and a quick ratio of 1.09. The stock has a market cap of $653.74 million, a P/E ratio of -2.31 and a beta of 1.55. The stock’s 50 day moving average price is $17.39 and its 200 day moving average price is $18.51.

Wabash National (NYSE:WNC) last posted its earnings results on Wednesday, January 29th. The company reported ($0.02) EPS for the quarter, missing the consensus estimate of $0.02 by ($0.04). Wabash National had a negative net margin of 14.59% and a positive return on equity of 14.72%. During the same period last year, the firm earned $1.07 earnings per share.

Wabash National Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, January 30th. Investors of record on Friday, January 10th were given a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 2.12%. The ex-dividend date was Friday, January 10th. Wabash National’s dividend payout ratio is currently -4.91%.

Insider Activity at Wabash National

In other news, SVP Michael N. Pettit sold 1,500 shares of Wabash National stock in a transaction on Tuesday, December 31st. The stock was sold at an average price of $17.19, for a total transaction of $25,785.00. Following the transaction, the senior vice president now directly owns 117,227 shares in the company, valued at approximately $2,015,132.13. This trade represents a 1.26 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.78% of the stock is owned by insiders.

Hedge Funds Weigh In On Wabash National

Hedge funds have recently modified their holdings of the company. Kathleen S. Wright Associates Inc. acquired a new position in shares of Wabash National during the 3rd quarter valued at $27,000. Gladius Capital Management LP bought a new stake in shares of Wabash National during the 3rd quarter worth $29,000. Meeder Asset Management Inc. bought a new stake in shares of Wabash National during the 3rd quarter worth $44,000. EMC Capital Management boosted its stake in shares of Wabash National by 88.1% during the 4th quarter. EMC Capital Management now owns 8,250 shares of the company’s stock worth $141,000 after acquiring an additional 3,864 shares in the last quarter. Finally, HighTower Advisors LLC bought a new stake in shares of Wabash National during the 3rd quarter worth $192,000. 97.05% of the stock is currently owned by institutional investors and hedge funds.

About Wabash National

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.