A new trading day began on Tuesday, with Wabash National Corp (NYSE: WNC) stock price down -2.47% from the previous day of trading, before settling in for the closing price of $19.03. WNC’s price has ranged from $15.94 to $30.07 over the past 52 weeks.
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
Annual sales at Industrials sector company grew by 5.60% over the past five years. Meanwhile, its annual earnings per share averaged -73.27%. With a float of $41.95 million, this company’s outstanding shares have now reached $45.39 million.
Let’s look at the performance matrix of the company that is accounted for 6700 employees. In terms of profitability, gross margin is 15.22%, operating margin of -14.02%, and the pretax margin is -14.94%.
Wabash National Corp (WNC) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Farm & Heavy Construction Machinery Industry. The insider ownership of Wabash National Corp is 3.20%, while institutional ownership is 105.98%. 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) Performance Highlights and Predictions
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 1.07 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.02 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
Here are Wabash National Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.12. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.38. Likewise, its price to free cash flow for the trailing twelve months is 8.79.
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)
Wabash National Corp (NYSE: WNC) saw its 5-day average volume 0.38 million, a negative change from its year-to-date volume of 0.59 million. As of the previous 9 days, the stock’s Stochastic %D was 26.81%. Additionally, its Average True Range was 0.63.
During the past 100 days, Wabash National Corp’s (WNC) raw stochastic average was set at 32.39%, which indicates a significant decrease from 43.90% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.83% in the past 14 days, which was lower than the 38.57% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $18.65, while its 200-day Moving Average is $22.20. Nevertheless, the first resistance level for the watch stands at $18.80 in the near term. At $19.03, the stock is likely to face the second major resistance level. The third major resistance level sits at $19.23. If the price goes on to break the first support level at $18.36, it is likely to go to the next support level at $18.16. Assuming the price breaks the second support level, the third support level stands at $17.93.
Wabash National Corp (NYSE: WNC) Key Stats
With a market capitalization of 804.33 million, the company has a total of 43,337K Shares Outstanding. Currently, annual sales are 2,537 M while annual income is 231,250 K. The company’s previous quarter sales were 464,040 K while its latest quarter income was -330,170 K.
