Wabash National Corp (NYSE: WNC) is -33.51% lower on its value in year-to-date trading and has touched a low of $10.34 and a high of $30.07 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The WNC stock was last observed hovering at around $11.43 in the last trading session, with the day’s loss setting it -0.04%.
Currently trading at $11.39, the stock is -0.42% and -16.45% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.28 million and changing -0.35% at the moment leaves the stock -36.94% off its SMA200. WNC registered -59.41% loss for a year compared to 6-month loss of -41.59%. The firm has a 50-day simple moving average (SMA 50) of $13.6324 and a 200-day simple moving average (SMA200) of $18.06345.
The stock witnessed a -6.26% gain in the last 1 month and extending the period to 3 months gives it a -38.76%, and is 2.71% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.72% over the week and 5.46% over the month.
Wabash National Corp (WNC) has around 6000 employees, a market worth around $483.50M and $1.95B in sales. Fwd P/E is 5.85. Profit margin for the company is -14.59%. Distance from 52-week low is 10.15% and -62.12% from its 52-week high. The company has generated returns on investments over the last 12 months (-46.52%).
with sales reaching $414.55M over the same period.The EPS is expected to shrink by -30.68% this year, but quarterly earnings will post 0.14% year-over-year. Quarterly sales are estimated to shrink -19.55% in year-over-year returns.
287.0 institutions hold shares in Wabash National Corp (WNC), with institutional investors hold 112.05% of the company’s shares. The shares outstanding are 42.88M, and float is at 40.72M with Short Float at 7.08%. Institutions hold 107.64% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 7.51 million shares valued at $$164.05 million. The investor’s holdings represent 16.7303 of the WNC Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 5.58 million shares valued at $$121.86 million to account for 12.4283 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 2.65 million shares representing 5.9112 and valued at over $$57.96 million, while PACER ADVISORS, INC. holds 5.3273 of the shares totaling 2.39 million with a market value of $$52.24 million.
Wabash National Corp (WNC) Insider Activity
Wabash National Corp disclosed in a document filed with the SEC on Dec 31 ’24 that Pettit Michael N (SVP and Chief Growth Officer) sold a total of 1,500 shares of the company’s common stock. The trade occurred on Dec 31 ’24 and was made at $17.19 per share for $25785.0. Following the transaction, the insider now directly holds 0.12 million shares of the WNC stock.
Still, SEC filings show that on Dec 31 ’24, Pettit Michael N (Officer) Proposed Sale 1,500 shares at an average price of $17.19 for $25785.0. The insider now directly holds shares of Wabash National Corp (WNC).
