DA Davidson Decreases Earnings Estimates for Wabash National

Wabash National Co. (NYSE:WNC) – Stock analysts at DA Davidson decreased their FY2025 earnings per share estimates for Wabash National in a report released on Monday, February 3rd. DA Davidson analyst M. Shlisky now forecasts that the company will post earnings per share of $0.94 for the year, down from their previous forecast of $1.24. The consensus estimate for Wabash National’s current full-year earnings is $0.95 per share.

Wabash National Stock Down 1.5 %

Shares of NYSE:WNC opened at $14.85 on Wednesday. The business has a fifty day simple moving average of $17.39 and a 200 day simple moving average of $18.51. Wabash National has a 12-month low of $14.73 and a 12-month high of $30.07. The firm has a market cap of $643.34 million, a P/E ratio of -2.28 and a beta of 1.55. The company has a quick ratio of 1.09, a current ratio of 1.93 and a debt-to-equity ratio of 2.10.

Wabash National (NYSE:WNC) last posted its earnings results on Wednesday, January 29th. The company reported ($0.02) earnings per share for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.04). Wabash National had a positive return on equity of 14.72% and a negative net margin of 14.59%. During the same quarter in the prior year, the business earned $1.07 EPS.

Wabash National Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, January 30th. Investors of record on Friday, January 10th were issued a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 2.16%. The ex-dividend date of this dividend was Friday, January 10th. Wabash National’s payout ratio is presently -4.91%.

Insider Buying and Selling at Wabash National

In other Wabash National news, SVP Michael N. Pettit sold 1,500 shares of Wabash National stock in a transaction that occurred on Tuesday, December 31st. The stock was sold at an average price of $17.19, for a total value of $25,785.00. Following the completion of the sale, the senior vice president now directly owns 117,227 shares in the company, valued at approximately $2,015,132.13. The trade was a 1.26 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 1.78% of the company’s stock.

Institutional Trading of Wabash National

Several large investors have recently modified their holdings of the stock. Pacer Advisors Inc. acquired a new stake in Wabash National in the fourth quarter valued at approximately $25,688,000. Millennium Management LLC lifted its holdings in shares of Wabash National by 1,311.6% in the 2nd quarter. Millennium Management LLC now owns 279,900 shares of the company’s stock worth $6,113,000 after purchasing an additional 260,072 shares in the last quarter. Weiss Asset Management LP acquired a new stake in Wabash National in the 3rd quarter valued at $3,457,000. Hotchkis & Wiley Capital Management LLC increased its stake in Wabash National by 43.4% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 589,929 shares of the company’s stock valued at $11,321,000 after purchasing an additional 178,430 shares in the last quarter. Finally, CX Institutional acquired a new position in Wabash National during the third quarter worth $2,322,000. Institutional investors and hedge funds own 97.05% of the company’s stock.

Wabash National Company Profile

Wabash National Corporation provides connected solutions for the transportation, logistics, and distribution industries primarily in the United States. The company operates through two segments, Transportation Solutions and Parts & Services. The Transportation Solutions segment designs and manufactures transportation-related equipment and products dry and refrigerated van trailers, platform trailers, tank trailers, and truck-mounted tanks; truck bodies for dry-freight transportation; cargo and cargo XL bodies for commercial applications; refrigerated truck bodies; platform truck bodies; and used trailers, as well as laminated hardwood oak flooring products.