The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
In the latest session, Wabash National Corp (NYSE: WNC) closed at $16.08 up 0.56% from its previous closing price of $15.99. In other words, the price has increased by $0.56 from its previous closing price. On the day, 0.86 million shares were traded. WNC stock price reached its highest trading level at $16.13 during the session, while it also had its lowest trading level at $15.44.
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 8.51 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.62. 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:
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 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. On Jan 25 ’24, another insider, Boss John G., who serves as the Director of the company, bought 151 shares for $25.72 each. As a result, the insider paid 3,881 and bolstered with 105,674 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 696858944 and an Enterprise Value of 1046413824. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.33 while its Price-to-Book (P/B) ratio in mrq is 3.48. Its current Enterprise Value per Revenue stands at 0.492 whereas that against EBITDA is -4.329.
Stock Price History:
The Beta on a monthly basis for WNC is 1.55, which has changed by -0.34687245 over the last 52 weeks, in comparison to a change of 0.22677135 over the same period for the S&P500. Over the past 52 weeks, WNC has reached a high of $30.07, while it has fallen to a 52-week low of $15.35. The 50-Day Moving Average of the stock is -12.61%, while the 200-Day Moving Average is calculated to be -21.48%.
Shares Statistics:
For the past three months, WNC has traded an average of 533.37K shares per day and 554720 over the past ten days. A total of 43.34M shares are outstanding, with a floating share count of 42.00M. Insiders hold about 3.08% of the company’s shares, while institutions hold 105.94% stake in the company. Shares short for WNC as of 1735603200 were 3871782 with a Short Ratio of 7.26, compared to 1732838400 on 4661575. Therefore, it implies a Short% of Shares Outstanding of 3871782 and a Short% of Float of 13.87.
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 0.020012507The stock’s 5-year Average Dividend Yield is 1.9. The current Payout Ratio is 6.65% for WNC, which recently paid a dividend on 2025-01-10 with an ex-dividend date of 1736467200. Stock splits for the company last occurred on 1994-07-29 when the company split stock in a 3:2 ratio.
