Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
As of close of business last night, Wabash National Corp’s stock clocked out at $11.67, down -0.93% from its previous closing price of $11.78. In other words, the price has decreased by -$0.93 from its previous closing price. On the day, 1.02 million shares were traded.
Ratios:
To gain a deeper understanding of WNC’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.29 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 10.99. For the most recent quarter (mrq), Quick Ratio is recorded 1.09 and its Current Ratio is at 1.93. In the meantime, Its Debt-to-Equity ratio is 2.30 whereas as Long-Term Debt/Eq ratio is at 2.23.
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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Dec 31 ’24 when Pettit Michael N sold 1,500 shares for $17.19 per share. The transaction valued at 25,785 led to the insider holds 117,227 shares of the business.
Pettit Michael N bought 1,500 shares of WNC for $25,785 on Dec 31 ’24.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.25 while its Price-to-Book (P/B) ratio in mrq is 2.65.
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 $11.01. The 50-Day Moving Average of the stock is -24.01%, while the 200-Day Moving Average is calculated to be -38.10%.
Shares Statistics:
A total of 42.88M shares are outstanding, with a floating share count of 40.76M. Insiders hold about 3.98% of the company’s shares, while institutions hold 104.91% stake in the company.
