Wabash National (WNC) Projected to Post Earnings on Wednesday

Wabash National (NYSE:WNC) is projected to announce its earnings results before the market opens on Wednesday, January 29th. Analysts expect the company to announce earnings of $0.02 per share and revenue of $412,920.00 billion for the quarter. Persons that wish to register for the company’s earnings conference call can do so using this link.

Wabash National (NYSE:WNC) last announced its quarterly earnings results on Thursday, October 24th. The company reported $0.19 EPS for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.04). The firm had revenue of $464.00 million during the quarter, compared to the consensus estimate of $477.35 million. Wabash National had a negative net margin of 10.94% and a positive return on equity of 22.98%. The firm’s revenue was down 26.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.16 earnings per share. On average, analysts expect Wabash National to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Wabash National Trading Down 0.9 %

Shares of WNC stock opened at $15.61 on Monday. Wabash National has a twelve month low of $15.35 and a twelve month high of $30.07. The stock’s fifty day simple moving average is $17.89 and its 200 day simple moving average is $18.86. The company has a quick ratio of 1.12, a current ratio of 1.88 and a debt-to-equity ratio of 1.97. The firm has a market capitalization of $676.32 million, a P/E ratio of -2.87 and a beta of 1.57.

Wabash National Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, January 30th. Stockholders of record on Friday, January 10th will be issued a dividend of $0.08 per share. This represents a $0.32 annualized dividend and a dividend yield of 2.05%. The ex-dividend date is Friday, January 10th. Wabash National’s dividend payout ratio (DPR) is currently -5.89%.

Analyst Upgrades and Downgrades

Separately, DA Davidson reiterated a “neutral” rating and set a $18.00 target price on shares of Wabash National in a research report on Monday, September 30th.

Insider Buying and Selling

In related news, SVP Michael N. Pettit sold 1,500 shares of Wabash National stock in a transaction that occurred on Tuesday, December 31st. The stock was sold at an average price of $17.19, for a total value of $25,785.00. Following the transaction, the senior vice president now directly owns 117,227 shares of the company’s stock, valued at $2,015,132.13. The trade was a 1.26 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 1.78% of the stock is currently owned by insiders.

Wabash National Company Profile

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.