Wabash National Corp. (WNC) volume exceeds 0.76 million: A new investment opportunity for investors

On Tuesday, Wabash National Corp. (NYSE: WNC) opened lower -0.43% from the last session, before settling in for the closing price of $18.60. Price fluctuations for WNC have ranged from $17.71 to $30.07 over the past 52 weeks.

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During the last 5-year period, the sales growth of Industrials Sector giant was 5.60%. Company’s average yearly earnings per share was noted -68.60% at the time writing. With a float of $42.67 million, this company’s outstanding shares have now reached $45.39 million.

Let’s determine the extent of company efficiency that accounts for 6700 employees. In terms of profitability, gross margin is 17.01%, operating margin of 9.26%, and the pretax margin is 8.47%.

Wabash National Corp. (WNC) Breakdown of a Key Holders of the stock

A key investor’s attitude towards the stock of the Farm & Heavy Construction Machinery industry is another important factor to consider. The insider ownership of Wabash National Corp. is 3.03%, while institutional ownership is 113.40%. The most recent insider transaction that took place on Jan 25 ’24, was worth 3,881. In this transaction Director of this company bought 151 shares at a rate of $25.72, taking the stock ownership to the 105,674 shares. Before that another transaction happened on Oct 26 ’23, when Company’s Director bought 188 for $20.52, making the entire transaction worth $3,866. This insider now owns 105,523 shares in total.

Wabash National Corp. (WNC) Recent Fiscal highlights

If we go through the results of last quarter, which was made public on 6/30/2024, the company posted 1.16 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 1.02) by 0.14. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.24 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -68.60% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 15.00% during the next five years compared to 32.29% growth over the previous five years of trading.

Wabash National Corp. (NYSE: WNC) Trading Performance Indicators

Check out the current performance indicators for Wabash National Corp. (WNC). In the past quarter, the stock posted a quick ratio of 1.15. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.36. Likewise, its price to free cash flow for the trailing twelve months is 8.90.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.26, a number that is poised to hit 0.23 in the next quarter and is forecasted to reach 1.75 in one year’s time.

Technical Analysis of Wabash National Corp. (WNC)

Looking closely at Wabash National Corp. (NYSE: WNC), its last 5-days average volume was 0.57 million, which is a drop from its year-to-date volume of 0.6 million. As of the previous 9 days, the stock’s Stochastic %D was 44.78%. Additionally, its Average True Range was 0.58.

During the past 100 days, Wabash National Corp.’s (WNC) raw stochastic average was set at 9.31%, which indicates a significant decrease from 36.16% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.58% in the past 14 days, which was lower than the 36.79% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $20.36, while its 200-day Moving Average is $23.72. However, in the short run, Wabash National Corp.’s stock first resistance to watch stands at $18.63. Second resistance stands at $18.75. The third major resistance level sits at $18.87. If the price goes on to break the first support level at $18.40, it is likely to go to the next support level at $18.27. Now, if the price goes above the second support level, the third support stands at $18.16.

Wabash National Corp. (NYSE: WNC) Key Stats

There are currently 45,023K shares outstanding in the company with a market cap of 814.88 million. Presently, the company’s annual sales total 2,537 M according to its annual income of 231,250 K. Last quarter, the company’s sales amounted to 550,610 K and its income totaled 28,960 K.