A look at Wabash National Corp.’s (WNC) recent performance gives investors their first glimpse of hope.

On Friday, Wabash National Corp. (NYSE: WNC) was 6.39% up from the session before settling in for the closing price of $16.90. A 52-week range for WNC has been $15.94 – $30.07.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Industrials Sector giant saw their annual sales surged by 5.60% over the last five years. When this article was written, the company’s average yearly earnings per share was at -73.27%. With a float of $42.02 million, this company’s outstanding shares have now reached $45.39 million.

The firm has a total of 6700 workers. Let’s measure their productivity. In terms of profitability, gross margin is 15.39%, operating margin of -14.04%, and the pretax margin is -14.94%.

Wabash National Corp. (WNC) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Wabash National Corp. stocks. The insider ownership of Wabash National Corp. is 3.03%, while institutional ownership is 113.83%. 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 Feb 27 ’24, when Company’s Director sold 1,010 for $27.06, making the entire transaction worth $27,331. This insider now owns 6,386 shares in total.

Wabash National Corp. (WNC) Earnings and Forecasts

Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 1.09 earnings per share (EPS) during the time that was better than consensus figure (set at 0.91) by 0.18. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.19 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -73.27% 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

You can see what Wabash National Corp. (WNC) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 1.12. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.37. Likewise, its price to free cash flow for the trailing twelve months is 8.52.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -5.43, a number that is poised to hit 0.03 in the next quarter and is forecasted to reach 1.28 in one year’s time.

Technical Analysis of Wabash National Corp. (WNC)

Analysing the last 5-days average volume posted by the [Wabash National Corp., WNC], we can find that recorded value of 0.72 million was better than the volume posted last year of 0.59 million. As of the previous 9 days, the stock’s Stochastic %D was 33.15%. Additionally, its Average True Range was 0.63.

During the past 100 days, Wabash National Corp.’s (WNC) raw stochastic average was set at 25.22%, which indicates a significant decrease from 66.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 39.64% in the past 14 days, which was higher than the 36.91% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $18.78, while its 200-day Moving Average is $22.75. Now, the first resistance to watch is $18.35. This is followed by the second major resistance level at $18.72. The third major resistance level sits at $19.45. If the price goes on to break the first support level at $17.25, it is likely to go to the next support level at $16.52. Should the price break the second support level, the third support level stands at $16.15.

Wabash National Corp. (NYSE: WNC) Key Stats

There are 45,023K outstanding shares of the company, which has a market capitalization of 779.25 million. As of now, sales total 2,537 M while income totals 231,250 K. Its latest quarter income was 464,040 K while its last quarter net income were -330,170 K.