Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The closing price of Wabash National Corp (NYSE: WNC) was $8.66 for the day, down -2.04% from the previous closing price of $8.84. In other words, the price has decreased by -$2.04 from its previous closing price. On the day, 0.39 million shares were traded. WNC stock price reached its highest trading level at $8.935 during the session, while it also had its lowest trading level at $8.55.
Ratios:
Our analysis of WNC’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.47 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 4.99. For the most recent quarter (mrq), Quick Ratio is recorded 0.91 and its Current Ratio is at 1.58. In the meantime, Its Debt-to-Equity ratio is 1.12 whereas as Long-Term Debt/Eq ratio is at 1.09.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, DA Davidson on September 09, 2024, Reiterated its Neutral rating but revised its target price to $18 from $23 previously.
On September 27, 2023, DA Davidson Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $36 to $25.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 17 ’25 when Page Kevin J bought 10,000 shares for $11.01 per share.
Pettit Michael N sold 1,500 shares of WNC for $25,785 on Dec 31 ’24. The SVP and Chief Growth Officer now owns 117,227 shares after completing the transaction at $17.19 per share. On Dec 31 ’24, another insider, Pettit Michael N, who serves as the Officer of the company, bought 1,500 shares for $17.19 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WNC now has a Market Capitalization of 362595072 and an Enterprise Value of 736190400. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.20 while its Price-to-Book (P/B) ratio in mrq is 0.90. Its current Enterprise Value per Revenue stands at 0.406 whereas that against EBITDA is -64.845.
Stock Price History:
The Beta on a monthly basis for WNC is 1.61, which has changed by -0.60761213 over the last 52 weeks, in comparison to a change of 0.09362543 over the same period for the S&P500. Over the past 52 weeks, WNC has reached a high of $24.03, while it has fallen to a 52-week low of $6.78. The 50-Day Moving Average of the stock is -12.50%, while the 200-Day Moving Average is calculated to be -43.80%.
Shares Statistics:
WNC traded an average of 1.26M shares per day over the past three months and 600860 shares per day over the past ten days. A total of 42.15M shares are outstanding, with a floating share count of 40.08M. Insiders hold about 4.29% of the company’s shares, while institutions hold 101.61% stake in the company. Shares short for WNC as of 1745971200 were 2110730 with a Short Ratio of 1.68, compared to 1743379200 on 1680094. Therefore, it implies a Short% of Shares Outstanding of 2110730 and a Short% of Float of 7.6499999999999995.
Dividends & Splits
With its trailing 12-month dividend rate of 0.32, WNC has a forward annual dividend rate of 0.32. Against a Trailing Annual Dividend Yield of 0.036199093The stock’s 5-year Average Dividend Yield is 1.87.
