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The closing price of Wabash National Corp. (NYSE: WNC) was $25.03 for the day, down -3.36% from the previous closing price of $25.90. In other words, the price has decreased by -$3.36 from its previous closing price. On the day, 0.51 million shares were traded. WNC stock price reached its highest trading level at $26.08 during the session, while it also had its lowest trading level at $24.82.
Ratios:
Our analysis of WNC’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.31 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 5.10. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 1130452480 and an Enterprise Value of 1378513408. As of this moment, Wabash’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.20, and their Forward P/E ratio for the next fiscal year is 9.59. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.35. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.45 while its Price-to-Book (P/B) ratio in mrq is 2.07. Its current Enterprise Value per Revenue stands at 0.543 whereas that against EBITDA is 3.826.
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 -8.44%, while the 200-Day Moving Average is calculated to be 3.45%.
Shares Statistics:
WNC traded an average of 621.31K shares per day over the past three months and 463450 shares per day 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 108.78% stake in the company. Shares short for WNC as of 1711584000 were 7355941 with a Short Ratio of 11.84, 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
With its trailing 12-month dividend rate of 0.32, WNC has a forward annual dividend rate of 0.32. The stock’s 5-year Average Dividend Yield is 1.98.
Earnings Estimates
The current market rating for Wabash National Corp. (WNC) reflects the collective analysis of Wells Fargo & Company analysts closely monitoring its performance.The consensus estimate for the next quarter is $68.32, with high estimates of $80.44 and low estimates of $147.89.
Analysts are recommending an EPS of between $Utilities and $Financial Services for the fiscal current year, implying an average EPS of $Technology.
