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The price of Wabash National Corp. (NYSE: WNC) closed at $17.84 in the last session, down -0.45% from day before closing price of $17.92. In other words, the price has decreased by -$0.45 from its previous closing price. On the day, 0.56 million shares were traded. WNC stock price reached its highest trading level at $18.535 during the session, while it also had its lowest trading level at $17.83.
Ratios:
We take a closer look at WNC’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.45 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.45. For the most recent quarter (mrq), Quick Ratio is recorded 1.12 and its Current Ratio is at 1.88. In the meantime, Its Debt-to-Equity ratio is 2.15 whereas as Long-Term Debt/Eq ratio is at 2.09.
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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jan 25 ’24 when Boss John G. bought 151 shares for $25.72 per share. The transaction valued at 3,881 led to the insider holds 105,674 shares of the business.
Sudhanshu Priyadarshi sold 1,010 shares of WNC for $27,331 on Feb 27 ’24. The Director now owns 6,386 shares after completing the transaction at $27.06 per share. On Feb 08 ’24, another insider, Magee Larry J, who serves as the Director of the company, sold 17,897 shares for $25.80 each. As a result, the insider received 461,743 and left with 96,249 shares of the company.
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 776598400 and an Enterprise Value of 1122686976. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.36 while its Price-to-Book (P/B) ratio in mrq is 3.86. Its current Enterprise Value per Revenue stands at 0.528 whereas that against EBITDA is -4.644.
Stock Price History:
Over the past 52 weeks, WNC has reached a high of $30.07, while it has fallen to a 52-week low of $15.94. The 50-Day Moving Average of the stock is -4.64%, while the 200-Day Moving Average is calculated to be -21.31%.
Shares Statistics:
According to the various share statistics, WNC traded on average about 551.97K shares per day over the past 3-months and 703930 shares per day over the past 10 days. A total of 45.39M shares are outstanding, with a floating share count of 42.02M. Insiders hold about 3.03% of the company’s shares, while institutions hold 113.51% stake in the company. Shares short for WNC as of 1728950400 were 6028394 with a Short Ratio of 10.92, compared to 1726185600 on 7011866. Therefore, it implies a Short% of Shares Outstanding of 6028394 and a Short% of Float of 21.59.
Dividends & Splits
The forward annual dividend rate for WNC is 0.32, which was 0.32 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.017857142The stock’s 5-year Average Dividend Yield is 1.92.
