FY2025 EPS Estimates for Wabash National Cut by DA Davidson

Wabash National Co. (NYSE:WNC) – Stock analysts at DA Davidson cut their FY2025 earnings estimates for Wabash National in a research note issued to investors on Monday, October 28th. DA Davidson analyst M. Shlisky now forecasts that the company will post earnings of $1.24 per share for the year, down from their prior forecast of $1.75. DA Davidson currently has a “Neutral” rating and a $18.00 target price on the stock. The consensus estimate for Wabash National’s current full-year earnings is $1.25 per share.

Wabash National (NYSE:WNC) last issued its quarterly earnings results on Thursday, October 24th. The company reported $0.19 EPS for the quarter, missing the consensus estimate of $0.23 by ($0.04). The business had revenue of $464.00 million for the quarter, compared to the consensus estimate of $477.35 million. Wabash National had a positive return on equity of 22.98% and a negative net margin of 10.94%. The company’s quarterly revenue was down 26.7% compared to the same quarter last year. During the same period last year, the firm earned $1.16 earnings per share.

Wabash National Stock Performance

Shares of NYSE WNC opened at $17.92 on Wednesday. The company has a debt-to-equity ratio of 1.97, a quick ratio of 1.12 and a current ratio of 1.88. The stock has a 50 day moving average price of $18.74 and a 200 day moving average price of $20.81. The stock has a market capitalization of $776.65 million, a PE ratio of -3.30 and a beta of 1.52. Wabash National has a 52 week low of $15.94 and a 52 week high of $30.07.

Wabash National Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 31st. Stockholders of record on Thursday, October 10th will be issued a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 1.79%. The ex-dividend date is Thursday, October 10th. Wabash National’s payout ratio is presently -5.89%.

Hedge Funds Weigh In On Wabash National

Institutional investors have recently added to or reduced their stakes in the company. Empowered Funds LLC bought a new position in shares of Wabash National in the 1st quarter valued at about $3,052,000. LSV Asset Management grew its holdings in Wabash National by 8.8% during the first quarter. LSV Asset Management now owns 1,160,483 shares of the company’s stock worth $34,745,000 after purchasing an additional 93,444 shares during the period. Victory Capital Management Inc. increased its position in Wabash National by 40.0% during the second quarter. Victory Capital Management Inc. now owns 1,015,355 shares of the company’s stock worth $22,175,000 after buying an additional 290,287 shares during the last quarter. Raymond James & Associates raised its stake in Wabash National by 42.4% in the second quarter. Raymond James & Associates now owns 202,034 shares of the company’s stock valued at $4,412,000 after buying an additional 60,178 shares during the period. Finally, VELA Investment Management LLC lifted its position in shares of Wabash National by 19.0% in the second quarter. VELA Investment Management LLC now owns 182,102 shares of the company’s stock valued at $3,977,000 after buying an additional 29,011 shares during the last quarter. 97.05% of the stock is currently owned by institutional investors and hedge funds.

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.