FY2025 EPS Estimates for Wabash National Reduced by Analyst

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

Wabash National Stock Performance

Shares of WNC stock opened at $15.09 on Wednesday. Wabash National has a 1-year low of $14.87 and a 1-year high of $30.07. The company has a current ratio of 1.93, a quick ratio of 1.09 and a debt-to-equity ratio of 2.10. The company has a market capitalization of $653.74 million, a price-to-earnings ratio of -2.31 and a beta of 1.55. The stock’s fifty day simple moving average is $17.39 and its 200-day simple moving average is $18.51.

Wabash National (NYSE:WNC) last issued its quarterly earnings results on Wednesday, January 29th. The company reported ($0.02) earnings per share for the quarter, missing analysts’ consensus estimates 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 in the previous year, the company posted $1.07 EPS.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Kathleen S. Wright Associates Inc. purchased a new position in Wabash National in the third quarter valued at about $27,000. Gladius Capital Management LP purchased a new position in Wabash National in the third quarter valued at about $29,000. Meeder Asset Management Inc. purchased a new position in Wabash National in the third quarter valued at about $44,000. EMC Capital Management grew its stake in Wabash National by 88.1% in the fourth quarter. EMC Capital Management now owns 8,250 shares of the company’s stock valued at $141,000 after purchasing an additional 3,864 shares in the last quarter. Finally, HighTower Advisors LLC purchased a new position in Wabash National in the third quarter valued at about $192,000. Hedge funds and other institutional investors own 97.05% of the company’s stock.

Insider Activity

In other Wabash National news, SVP Michael N. Pettit sold 1,500 shares of the business’s stock in a transaction dated Tuesday, December 31st. The stock was sold at an average price of $17.19, for a total value of $25,785.00. Following the transaction, the senior vice president now owns 117,227 shares in the company, valued at $2,015,132.13. The trade was a 1.26 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 1.78% of the stock is currently owned by corporate insiders.

Wabash National Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, January 30th. Stockholders of record on Friday, January 10th were issued a dividend of $0.08 per share. The ex-dividend date was Friday, January 10th. This represents a $0.32 dividend on an annualized basis and a dividend yield of 2.12%. Wabash National’s dividend payout ratio is -4.91%.

Wabash National Company Profile

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.