In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
In the latest session, Wabash National Corp. (NYSE: WNC) closed at $25.75 down -0.27% from its previous closing price of $25.82. In other words, the price has decreased by -$0.27 from its previous closing price. On the day, 0.93 million shares were traded. WNC stock price reached its highest trading level at $26.4099 during the session, while it also had its lowest trading level at $25.68.
Ratios:
For a deeper understanding of Wabash National Corp.’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 6.49 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.25. For the most recent quarter (mrq), Quick Ratio is recorded 1.17 and its Current Ratio is at 1.93. In the meantime, Its Debt-to-Equity ratio is 0.78 whereas as Long-Term Debt/Eq ratio is at 0.76.
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 the company, DA Davidson on September 27, 2023, Downgraded its rating to Neutral and sets its target price to $25 from $36 previously.
Vertical Research Downgraded its Buy to Hold on December 05, 2022, while the target price for the stock was maintained at $27.
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 Feb 27 ’24 when Sudhanshu Priyadarshi sold 1,010 shares for $27.06 per share. The transaction valued at 27,331 led to the insider holds 6,386 shares of the business.
Magee Larry J sold 17,897 shares of WNC for $461,743 on Feb 08 ’24. The Director now owns 96,249 shares after completing the transaction at $25.80 per share. On Feb 07 ’24, another insider, Magee Larry J, who serves as the Director of the company, sold 3,086 shares for $26.50 each. As a result, the insider received 81,779 and left with 114,146 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 1162970368 and an Enterprise Value of 1414131072. As of this moment, Wabash’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.35, and their Forward P/E ratio for the next fiscal year is 9.86. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.36. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.46 while its Price-to-Book (P/B) ratio in mrq is 2.13. Its current Enterprise Value per Revenue stands at 0.558 whereas that against EBITDA is 3.925.
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 $20.09. The 50-Day Moving Average of the stock is -5.69%, while the 200-Day Moving Average is calculated to be 6.35%.
Shares Statistics:
For the past three months, WNC has traded an average of 615.92K shares per day and 567270 over the past ten days. A total of 45.39M shares are outstanding, with a floating share count of 43.87M. Insiders hold about 2.86% of the company’s shares, while institutions hold 110.43% stake in the company. Shares short for WNC as of 1711584000 were 7355941 with a Short Ratio of 11.94, compared to 1709164800 on 6762836. Therefore, it implies a Short% of Shares Outstanding of 7355941 and a Short% of Float of 24.270001.
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 0.012393493The stock’s 5-year Average Dividend Yield is 1.98.
Earnings Estimates
The firm’s stock currently is rated by 3.0 analysts. On average, analysts expect EPS of $0.45 for the current quarter, with a high estimate of $0.47 and a low estimate of $0.44, while EPS last year was $1.04. The consensus estimate for the next quarter is $0.57, with high estimates of $0.59 and low estimates of $0.56.
Analysts are recommending an EPS of between $2.25 and $2.08 for the fiscal current year, implying an average EPS of $2.19. EPS for the following year is $2.62, with 3.0 analysts recommending between $3.1 and $2.27.
Revenue Estimates
A total of 3 analysts believe the company’s revenue will be $516.85M this quarter.It ranges from a high estimate of $520.76M to a low estimate of $509.2M. As of the current estimate, Wabash National Corp.’s year-ago sales were $620.95MFor the next quarter, 3 analysts are estimating revenue of $562.91M. There is a high estimate of $568.4M for the next quarter, whereas the lowest estimate is $555.5M.
A total of 3 analysts have provided revenue estimates for WNC’s current fiscal year. The highest revenue estimate was $2.29B, while the lowest revenue estimate was $2.21B, resulting in an average revenue estimate of $2.25B. In the same quarter a year ago, actual revenue was $2.54BBased on 3 analysts’ estimates, the company’s revenue will be $2.32B in the next fiscal year. The high estimate is $2.38B and the low estimate is $2.27B.
