This company combines impressive quality with a generous valuation: Wabash National Corporation (WNC)

In the latest session, Wabash National Corporation (NYSE: WNC) closed at $24.49 up 1.32% from its previous closing price of $24.17. In other words, the price has increased by $+0.32 from its previous closing price. On the day, 584427 shares were traded. WNC stock price reached its highest trading level at $24.97 during the session, while it also had its lowest trading level at $23.68.

From Robots to Self-Driving Cars: 5 AI Stocks to Consider for Your Portfolio

The artificial intelligence (AI) revolution is already here and it's about to change everything we know about everything. With the global market for AI projected to grow from $137 billion in 2022 to over $1.81 trillion by 2030, there's never been a better time to invest in this burgeoning industry. That's why we've compiled a list of the Top 5 AI Stocks to Buy for 2023. These companies are at the forefront of the AI revolution, and have the potential to deliver huge returns to investors like you.

Get our free report, "Top 5 AI Stocks to Buy for 2023".



For a deeper understanding of Wabash National Corporation’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 20.98 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 23.94. For the most recent quarter (mrq), Quick Ratio is recorded 1.00 and its Current Ratio is at 1.70. In the meantime, Its Debt-to-Equity ratio is 1.00 whereas as Long-Term Debt/Eq ratio is at 1.00.

Upgrades & Downgrades

On December 17, 2021, DA Davidson started tracking the stock assigning a Buy rating and target price of $25.

On March 26, 2021, Vertical Research started tracking the stock assigning a Buy rating and target price of $25.Vertical Research initiated its Buy rating on March 26, 2021, with a $25 target price.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 08 when Smith Dustin T sold 41,327 shares for $27.26 per share. The transaction valued at 1,126,574 led to the insider holds 59,398 shares of the business.

Pettit Michael N sold 36,020 shares of WNC for $979,384 on Mar 08. The SVP and CFO now owns 81,474 shares after completing the transaction at $27.19 per share. On Mar 08, another insider, Page Kevin J, who serves as the SVP, Chief Commercial Officer of the company, sold 22,160 shares for $27.15 each. As a result, the insider received 601,644 and left with 70,134 shares of the company.

Valuation Measures:

As of this moment, Wabash’s Price-to-Earnings (P/E) ratio for their current fiscal year is 10.88, and their Forward P/E ratio for the next fiscal year is 8.73. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.73. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.49 while its Price-to-Book (P/B) ratio in mrq is 2.95.

Stock Price History:

Over the past 52 weeks, WNC has reached a high of $30.10, while it has fallen to a 52-week low of $12.23. The 50-Day Moving Average of the stock is 26.38, while the 200-Day Moving Average is calculated to be 20.36.

Shares Statistics:

For the past three months, WNC has traded an average of 564.15K shares per day and 558.97k over the past ten days. A total of 47.96M shares are outstanding, with a floating share count of 47.17M. Insiders hold about 1.20% of the company’s shares, while institutions hold 99.70% stake in the company. Shares short for WNC as of Jan 12, 2023 were 2.77M with a Short Ratio of 3.30M, compared to 2.63M on Dec 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 5.77% and a Short% of Float of 8.50%.

Dividends & Splits

According to the company, the forward annual dividend rate for WNC is 0.32, from 0.32 in the trailing year. Against a Trailing Annual Dividend Yield of 1.32%, it implies a Forward Annual Dividend Yield of 1.14%. The stock’s 5-year Average Dividend Yield is 2.07. The current Payout Ratio is 13.80% for WNC, which recently paid a dividend on Apr 26, 2023 with an ex-dividend date of Jan 03, 2023. Stock splits for the company last occurred on Jul 28, 1994 when the company split stock in a 3:2 ratio.

Earnings Estimates

There are 5 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.46 for the current quarter, with a high estimate of $0.5 and a low estimate of $0.4, while EPS last year was $0.24. The consensus estimate for the next quarter is $0.73, with high estimates of $0.79 and low estimates of $0.66.

Analysts are recommending an EPS of between $2.95 and $2.78 for the fiscal current year, implying an average EPS of $2.88. EPS for the following year is $2.8, with 5 analysts recommending between $3.26 and $2.5.

Revenue Estimates

A total of 4 analysts believe the company’s revenue will be $624.6M this quarter.It ranges from a high estimate of $627.09M to a low estimate of $621M. As of the current estimate, Wabash National Corporation’s year-ago sales were $546.76M, an estimated increase of 14.20% from the year-ago figure. For the next quarter, 4 analysts are estimating revenue of $727.83M, an increase of 13.20% less than the figure of $14.20% in the same quarter last year. There is a high estimate of $749.73M for the next quarter, whereas the lowest estimate is $713M.

A total of 5 analysts have provided revenue estimates for WNC’s current fiscal year. The highest revenue estimate was $2.93B, while the lowest revenue estimate was $2.8B, resulting in an average revenue estimate of $2.88B. In the same quarter a year ago, actual revenue was $2.5B, up 15.00% from the average estimate. Based on 5 analysts’ estimates, the company’s revenue will be $2.79B in the next fiscal year. The high estimate is $2.92B and the low estimate is $2.58B. The average revenue growth estimate for next year is down -2.90% from the average revenue estimate for this year.