Shares of Wabash National Corporation (NYSE:WNC – Get Free Report) crossed below its fifty day moving average during trading on Friday following a dissappointing earnings announcement. The stock has a fifty day moving average of $12.89 and traded as low as $11.65. Wabash National shares last traded at $11.72, with a volume of 1,894,208 shares changing hands.
The company reported ($0.63) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.46) by ($0.17). The company had revenue of $476.41 million during the quarter, compared to analysts’ expectations of $453.74 million. Wabash National had a negative net margin of 9.13% and a negative return on equity of 42.42%. The firm’s revenue was up 24.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.51) earnings per share.
Wabash National Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 29th. Shareholders of record on Thursday, October 8th were issued a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend was Thursday, October 8th. Wabash National’s dividend payout ratio is -16.58%.
Trending Headlines about Wabash National
- Positive Sentiment: Third-quarter revenue reached $476.4 million, exceeding analysts’ $453.7 million estimate and increasing 24.8% year over year. Wabash Announces Third Quarter 2026 Results
- Positive Sentiment: DA Davidson reduced its price target from $20 to $18 but retained a “buy” rating, indicating continued confidence in Wabash’s longer-term prospects and substantial potential upside from recent trading levels. DA Davidson Wabash Price Target Update
- Neutral Sentiment: Management’s third-quarter earnings call and presentation focused on operating performance, market conditions and the company’s outlook, giving investors additional context as Wabash works through near-term earnings pressure. Wabash National Q3 2026 Earnings Call Transcript
- Negative Sentiment: Wabash reported a third-quarter loss of $0.63 per share, missing the consensus estimate of a $0.46 loss by $0.17 and worsening from a $0.51 loss in the prior-year quarter. The result implies continuing profitability challenges despite the revenue beat. Wabash National Reports Wider Than Expected Q3 2026 Loss
- Negative Sentiment: The company also issued fourth-quarter guidance alongside the loss report, contributing to investor concern about the near-term earnings trajectory. Wabash posted a negative net margin and negative return on equity, reinforcing the pressure on its valuation. Wabash National Slides to Q3 Loss, Guides Q4
Analyst Upgrades and Downgrades
Several analysts have issued reports on WNC shares. Citigroup restated a “market outperform” rating on shares of Wabash National in a research note on Tuesday, October 20th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Wabash National in a research note on Wednesday, August 12th. National Bank Financial set a $25.00 price objective on Wabash National in a report on Tuesday, October 20th. DA Davidson lowered their price objective on Wabash National from $20.00 to $18.00 and set a “buy” rating on the stock in a research note on Friday. Finally, Citizens Jmp started coverage on shares of Wabash National in a report on Wednesday, July 15th. They set an “outperform” rating and a $25.00 price objective on the stock. Three equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $22.67.
Get Our Latest Stock Analysis on Wabash National
Institutional Investors Weigh In On Wabash National
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. BlackRock Inc. purchased a new stake in shares of Wabash National in the second quarter worth $47,125,000. Dimensional Fund Advisors LP grew its position in Wabash National by 17.5% during the first quarter. Dimensional Fund Advisors LP now owns 1,657,953 shares of the company’s stock worth $14,291,000 after buying an additional 247,345 shares in the last quarter. Philadelphia Financial Management of San Francisco LLC purchased a new position in Wabash National during the second quarter worth about $9,812,434. Bank of New York Mellon Corp purchased a new position in Wabash National during the second quarter worth about $6,151,000. Finally, Empowered Funds LLC increased its stake in Wabash National by 40.1% in the 1st quarter. Empowered Funds LLC now owns 589,884 shares of the company’s stock worth $5,085,000 after acquiring an additional 168,929 shares during the last quarter. Institutional investors own 97.05% of the company’s stock.
Wabash National Price Performance
The business has a 50 day simple moving average of $12.89 and a two-hundred day simple moving average of $10.89. The firm has a market capitalization of $477.47 million, a P/E ratio of -3.44 and a beta of 1.48. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.80 and a current ratio of 1.38.
Wabash National Company Profile
Wabash National Corporation is a transportation equipment and logistics solutions manufacturer headquartered in Lafayette, Indiana. The company designs and produces equipment used to move freight across North America, serving trucking, transportation, distribution, and logistics customers.
Its product portfolio includes dry and refrigerated van trailers, platform trailers, truck-mounted tanks, and other specialized transportation equipment. Wabash also provides related parts, services, and technologies intended to support trailer maintenance, fleet operations, and supply-chain efficiency.
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