FY2026 EPS Forecast for Wabash National Lowered by Analyst

Key Points

• Wabash National's FY2026 earnings per share (EPS) forecast has been lowered by DA Davidson from $0.70 to $0.61, maintaining a "Neutral" rating with a price objective of $9.00.
• Weiss Ratings has reiterated a "sell (d)" rating for Wabash National, contributing to a consensus rating of "Reduce" with a similar target price of $9.00.
• The company recently announced a quarterly dividend of $0.08 per share, translating to an annualized yield of 3.6%, despite a negative dividend payout ratio of -13.22%.

Wabash National Corporation (NYSE:WNC - Free Report) - Investment analysts at DA Davidson decreased their FY2026 earnings per share estimates for shares of Wabash National in a research note issued to investors on Tuesday, October 14th. DA Davidson analyst M. Shlisky now anticipates that the company will post earnings of $0.61 per share for the year, down from their previous estimate of $0.70. DA Davidson has a "Neutral" rating and a $9.00 price objective on the stock. The consensus estimate for Wabash National's current full-year earnings is $0.94 per share.

Separately, Weiss Ratings restated a "sell (d)" rating on shares of Wabash National in a report on Wednesday, October 8th. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, Wabash National presently has a consensus rating of "Reduce" and a consensus target price of $9.00.

Wabash National Price Performance

NYSE:WNC opened at $8.93 on Wednesday. Wabash National has a 12 month low of $6.78 and a 12 month high of $20.63. The stock has a 50 day moving average of $10.52 and a two-hundred day moving average of $10.10. The company has a current ratio of 1.68, a quick ratio of 1.00 and a debt-to-equity ratio of 1.13. The firm has a market cap of $365.54 million, a P/E ratio of -3.69 and a beta of 1.66.

Wabash National (NYSE:WNC - Get Free Report) last posted its quarterly earnings data on Wednesday, December 1st. The company reported $0.22 EPS for the quarter. Wabash National had a negative return on equity of 7.91% and a negative net margin of 6.38%.The company had revenue of $482.57 million during the quarter. Wabash National has set its Q4 2021 guidance at $0.100-$0.150 EPS.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Allworth Financial LP lifted its holdings in Wabash National by 268.8% in the first quarter. Allworth Financial LP now owns 3,220 shares of the company's stock valued at $34,000 after acquiring an additional 2,347 shares during the last quarter. PNC Financial Services Group Inc. lifted its holdings in Wabash National by 55.9% in the second quarter. PNC Financial Services Group Inc. now owns 3,710 shares of the company's stock valued at $39,000 after acquiring an additional 1,331 shares during the last quarter. CWM LLC lifted its holdings in Wabash National by 1,520.7% in the first quarter. CWM LLC now owns 5,235 shares of the company's stock valued at $58,000 after acquiring an additional 4,912 shares during the last quarter. GAMMA Investing LLC lifted its holdings in Wabash National by 982.1% in the first quarter. GAMMA Investing LLC now owns 7,683 shares of the company's stock valued at $85,000 after acquiring an additional 6,973 shares during the last quarter. Finally, Signaturefd LLC lifted its holdings in Wabash National by 1,517.3% in the first quarter. Signaturefd LLC now owns 8,976 shares of the company's stock valued at $99,000 after acquiring an additional 8,421 shares during the last quarter. 97.05% of the stock is currently owned by institutional investors and hedge funds.

Wabash National Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 23rd. Investors of record on Thursday, October 2nd will be issued a $0.08 dividend. The ex-dividend date is Thursday, October 2nd. This represents a $0.32 dividend on an annualized basis and a yield of 3.6%. Wabash National's dividend payout ratio is currently -13.22%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.