DA Davidson Decreases Earnings Estimates for Wabash National

Wabash National Co. (NYSE:WNC) – Research analysts at DA Davidson cut their FY2025 earnings per share estimates for Wabash National in a research report issued to clients and investors on Monday, February 3rd. DA Davidson analyst M. Shlisky now expects that the company will earn $0.94 per share for the year, down from their prior forecast of $1.24. The consensus estimate for Wabash National’s current full-year earnings is $0.95 per share.

Wabash National Trading Down 3.4 %

NYSE:WNC opened at $14.33 on Wednesday. Wabash National has a one year low of $14.21 and a one year high of $30.07. The company has a market cap of $621.02 million, a PE ratio of -2.20 and a beta of 1.55. The company has a debt-to-equity ratio of 2.10, a current ratio of 1.93 and a quick ratio of 1.09. The firm has a 50-day moving average of $17.30 and a 200-day moving average of $18.49.

Wabash National (NYSE:WNC) last announced its quarterly earnings results on Wednesday, January 29th. The company reported ($0.02) EPS for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.04). Wabash National had a negative net margin of 14.59% and a positive return on equity of 14.72%. During the same quarter in the prior year, the business posted $1.07 EPS.

Wabash National Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, January 30th. Stockholders of record on Friday, January 10th were paid a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 2.23%. The ex-dividend date of this dividend was Friday, January 10th. Wabash National’s dividend payout ratio (DPR) is presently -4.91%.

Insider Activity

In other news, SVP Michael N. Pettit sold 1,500 shares of the stock in a transaction dated Tuesday, December 31st. The shares were sold at an average price of $17.19, for a total value of $25,785.00. Following the completion of the sale, the senior vice president now owns 117,227 shares in the company, valued at $2,015,132.13. This represents a 1.26 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 1.78% of the company’s stock.

Institutional Investors Weigh In On Wabash National

Institutional investors have recently added to or reduced their stakes in the company. Barclays PLC boosted its stake in shares of Wabash National by 121.4% in the 3rd quarter. Barclays PLC now owns 163,251 shares of the company’s stock worth $3,132,000 after buying an additional 89,522 shares during the last quarter. Jane Street Group LLC lifted its holdings in Wabash National by 46.8% during the third quarter. Jane Street Group LLC now owns 160,946 shares of the company’s stock worth $3,089,000 after acquiring an additional 51,274 shares during the period. HighTower Advisors LLC purchased a new position in Wabash National in the third quarter worth $192,000. BNP Paribas Financial Markets grew its stake in Wabash National by 75.9% in the 3rd quarter. BNP Paribas Financial Markets now owns 84,590 shares of the company’s stock valued at $1,623,000 after purchasing an additional 36,490 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its stake in Wabash National by 5.7% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 856,438 shares of the company’s stock valued at $16,435,000 after purchasing an additional 46,451 shares during the period. 97.05% of the stock is owned by institutional investors.

About Wabash National

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.