Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The price of Wabash National Corp. (NYSE: WNC) closed at $18.59 in the last session, down -2.41% from day before closing price of $19.05. In other words, the price has decreased by -$2.41 from its previous closing price. On the day, 0.67 million shares were traded. WNC stock price reached its highest trading level at $19.075 during the session, while it also had its lowest trading level at $18.46.
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 10.58 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 8.93. For the most recent quarter (mrq), Quick Ratio is recorded 1.15 and its Current Ratio is at 1.99. 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 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.
Boss John G. bought 188 shares of WNC for $3,866 on Oct 26 ’23. The Director now owns 105,523 shares after completing the transaction at $20.52 per share. On Feb 27 ’24, another insider, Sudhanshu Priyadarshi, who serves as the Director of the company, sold 1,010 shares for $27.06 each. As a result, the insider received 27,331 and left with 6,386 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 817945152 and an Enterprise Value of 1172302720. As of this moment, Wabash’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.70, and their Forward P/E ratio for the next fiscal year is 10.62. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.38. 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 1.49. Its current Enterprise Value per Revenue stands at 0.511 whereas that against EBITDA is 4.379.
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 $17.71. The 50-Day Moving Average of the stock is -6.74%, while the 200-Day Moving Average is calculated to be -21.15%.
Shares Statistics:
According to the various share statistics, WNC traded on average about 622.24K shares per day over the past 3-months and 786420 shares per day over the past 10 days. A total of 45.39M shares are outstanding, with a floating share count of 42.67M. Insiders hold about 3.03% of the company’s shares, while institutions hold 112.21% stake in the company. Shares short for WNC as of 1724976000 were 7826903 with a Short Ratio of 11.27, compared to 1722384000 on 8374482. Therefore, it implies a Short% of Shares Outstanding of 7826903 and a Short% of Float of 27.38.
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 0.0167979The stock’s 5-year Average Dividend Yield is 1.93.
