DA Davidson Reduces Earnings Estimates for Wabash National

Key Points

• DA Davidson has revised Wabash National's FY2025 earnings per share (EPS) estimate to ($1.23), a significant decrease from the prior estimate of ($0.70).
• The company recently reported a quarterly EPS of (0.15), exceeding analyst expectations, but its revenue has dropped 16.7% compared to the same quarter last year.
• Wabash National announced a quarterly dividend of $0.08 per share, resulting in an annualized yield of 3.22%.

Wabash National Corporation (NYSE:WNC - Free Report) - Analysts at DA Davidson decreased their FY2025 earnings estimates for Wabash National in a research note issued on Tuesday, July 29th. DA Davidson analyst M. Shlisky now anticipates that the company will post earnings per share of ($1.23) for the year, down from their prior forecast of ($0.70). DA Davidson has a "Neutral" rating and a $9.50 price objective on the stock. The consensus estimate for Wabash National's current full-year earnings is $0.94 per share. DA Davidson also issued estimates for Wabash National's FY2026 earnings at $0.70 EPS.

Wabash National Stock Performance

Shares of WNC traded up $0.10 during trading hours on Thursday, hitting $9.66. The company had a trading volume of 142,246 shares, compared to its average volume of 1,016,502. The business has a fifty day moving average of $10.17 and a 200-day moving average of $10.95. The company has a quick ratio of 1.00, a current ratio of 1.68 and a debt-to-equity ratio of 1.13. The firm has a market cap of $395.28 million, a price-to-earnings ratio of -3.99 and a beta of 1.65. Wabash National has a 12 month low of $6.78 and a 12 month high of $20.63.

Wabash National (NYSE:WNC - Get Free Report) last announced its quarterly earnings results on Friday, July 25th. The company reported ($0.15) EPS for the quarter, beating analysts' consensus estimates of ($0.31) by $0.16. The firm had revenue of $458.82 million during the quarter, compared to analysts' expectations of $435.75 million. Wabash National had a negative net margin of 6.38% and a negative return on equity of 7.91%. The company's revenue for the quarter was down 16.7% compared to the same quarter last year. During the same quarter last year, the company posted $0.64 earnings per share.

Wabash National Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, July 24th. Stockholders of record on Thursday, July 3rd were paid a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date was Thursday, July 3rd. Wabash National's dividend payout ratio (DPR) is currently -13.22%.

Institutional Trading of Wabash National

Hedge funds have recently modified their holdings of the stock. Parallel Advisors LLC lifted its stake in shares of Wabash National by 255.9% during the 1st quarter. Parallel Advisors LLC now owns 2,395 shares of the company's stock worth $26,000 after buying an additional 1,722 shares during the last quarter. Allworth Financial LP increased its position in Wabash National by 268.8% during the first quarter. Allworth Financial LP now owns 3,220 shares of the company's stock worth $34,000 after acquiring an additional 2,347 shares during the period. Curat Global LLC bought a new position in Wabash National during the first quarter worth about $37,000. CWM LLC increased its position in Wabash National by 1,520.7% during the first quarter. CWM LLC now owns 5,235 shares of the company's stock worth $58,000 after acquiring an additional 4,912 shares during the period. Finally, GAMMA Investing LLC increased its position in Wabash National by 982.1% during the first quarter. GAMMA Investing LLC now owns 7,683 shares of the company's stock worth $85,000 after acquiring an additional 6,973 shares during the period. Institutional investors and hedge funds own 97.05% of the company's stock.

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.