Head to Head Analysis: Wabash National (WNC) vs. The Competition

Wabash National (NYSE:WNC) is one of 436 publicly-traded companies in the “Machinery” industry, but how does it compare to its peers? We will compare Wabash National to related companies based on the strength of its dividends, institutional ownership, analyst recommendations, earnings, profitability, valuation and risk.

Profitability

This table compares Wabash National and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Wabash National	-9.13%	-42.42%	-10.90%
Wabash National Competitors	-1,044.47%	-15.02%	0.57%

Analyst Ratings

This is a summary of current recommendations for Wabash National and its peers, as reported by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Wabash National	1	1	2	1	2.60
Wabash National Competitors	4195	14693	18190	804	2.41

Wabash National presently has a consensus target price of $23.33, suggesting a potential upside of 101.41%. As a group, “Machinery” companies have a potential upside of 31.80%. Given Wabash National’s stronger consensus rating and higher probable upside, research analysts clearly believe Wabash National is more favorable than its peers.

Insider and Institutional Ownership

97.0% of Wabash National shares are owned by institutional investors. Comparatively, 51.7% of shares of all “Machinery” companies are owned by institutional investors. 2.8% of Wabash National shares are owned by company insiders. Comparatively, 14.3% of shares of all “Machinery” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Volatility & Risk

Wabash National has a beta of 1.51, indicating that its share price is 51% more volatile than the S&P 500. Comparatively, Wabash National’s peers have a beta of 4.60, indicating that their average share price is 360% more volatile than the S&P 500.

Dividends

Wabash National pays an annual dividend of $0.32 per share and has a dividend yield of 2.8%. Wabash National pays out -9.4% of its earnings in the form of a dividend. As a group, “Machinery” companies pay a dividend yield of 2.8% and pay out 24.6% of their earnings in the form of a dividend.

Earnings and Valuation

This table compares Wabash National and its peers revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Wabash National	$1.54 billion	$211.45 million	-3.40
Wabash National Competitors	$4.63 billion	$364.05 million	3.91

Wabash National’s peers have higher revenue and earnings than Wabash National. Wabash National is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Summary

Wabash National peers beat Wabash National on 9 of the 15 factors compared.

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. 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.