Wabash National (NYSE:WNC) Earns "Sell (D)" Rating from Weiss Ratings

Key Points

• Wabash National's stock has been given a "Sell (D)" rating by Weiss Ratings, reflecting a negative outlook from investment analysts.
• DA Davidson has issued a "neutral" rating with a target price of $9.50, while the current consensus rating for Wabash National is "Reduce."
• The company's FY 2025 guidance indicates a projected earnings per share (EPS) range of -1.300 to -1.000, reflecting ongoing financial challenges.

Wabash National (NYSE:WNC - Get Free Report)'s stock had its "sell (d)" rating reiterated by investment analysts at Weiss Ratings in a research report issued on Wednesday,Weiss Ratings reports.

Separately, DA Davidson restated a "neutral" rating and issued a $9.50 target price on shares of Wabash National in a report on Monday, September 15th. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Reduce" and an average target price of $9.50.

Wabash National Price Performance

Shares of WNC traded up $0.09 during trading hours on Wednesday, hitting $9.27. 146,379 shares of the company were exchanged, compared to its average volume of 888,546. The company has a market capitalization of $379.43 million, a PE ratio of -3.82 and a beta of 1.66. The company has a debt-to-equity ratio of 1.13, a current ratio of 1.68 and a quick ratio of 1.00. The firm has a fifty day simple moving average of $10.61 and a 200-day simple moving average of $10.19. Wabash National has a one year low of $6.78 and a one year high of $20.63.

Wabash National (NYSE:WNC - Get Free Report) last released its quarterly earnings data on Friday, July 25th. The company reported ($0.15) earnings per share for the quarter, topping the consensus estimate of ($0.31) by $0.16. The business had revenue of $458.82 million during the quarter, compared to analyst estimates of $435.75 million. Wabash National had a negative return on equity of 7.91% and a negative net margin of 6.38%.The company's revenue was down 16.7% compared to the same quarter last year. During the same period last year, the company posted $0.64 EPS. Wabash National has set its FY 2025 guidance at -1.300--1.000 EPS. Q3 2025 guidance at -0.300--0.200 EPS. As a group, sell-side analysts predict that Wabash National will post 0.94 earnings per share for the current year.

Hedge Funds Weigh In On Wabash National

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. D.A. Davidson & CO. bought a new position in Wabash National during the first quarter valued at about $333,000. GAMMA Investing LLC lifted its holdings in Wabash National by 982.1% during the 1st quarter. GAMMA Investing LLC now owns 7,683 shares of the company's stock worth $85,000 after buying an additional 6,973 shares in the last quarter. Allianz Asset Management GmbH lifted its holdings in Wabash National by 69.9% during the 1st quarter. Allianz Asset Management GmbH now owns 192,398 shares of the company's stock worth $2,126,000 after buying an additional 79,186 shares in the last quarter. Jump Financial LLC acquired a new position in Wabash National during the 1st quarter worth $792,000. Finally, VELA Investment Management LLC bought a new stake in shares of Wabash National during the 1st quarter valued at $1,420,000. 97.05% of the stock is currently owned by institutional investors.

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.

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