Wabash National Company Profile (NYSE:WNC)

About Wabash National (NYSE:WNC)

Wabash National logoWabash National Corporation is a diversified industrial manufacturer and producer of semi-trailers and liquid transportation systems. The Company's segments include Commercial Trailer Products; Diversified Products, and Corporate and Eliminations segment. The Company designs, manufactures and markets a range of products, including dry freight and refrigerated trailers, platform trailers, bulk tank trailers, dry and refrigerated truck bodies, truck-mounted tanks, intermodal equipment, aircraft refueling equipment, structural composite panels and products, trailer aerodynamic solutions, and specialty food grade and pharmaceutical equipment. The Company's Commercial Trailer Products segment manufactures standard and customized van and platform trailers, truck bodies and other transportation related equipment. The Company's Diversified Products segment consists of business units, including Tank Trailer; Aviation & Truck Equipment; Process Systems, and Composites.

Industry, Sector and Symbol:
  • Sector: Auto/Tires/Trucks
  • Industry: Trucks & Other Vehicles
  • Sub-Industry: Construction & Farm Machinery & Heavy Trucks
  • Symbol: NYSE:WNC
  • CUSIP: 92956610
  • Web: www.wabashnational.com
Capitalization:
  • Market Cap: $1.3 billion
  • Outstanding Shares: 60,145,000
Average Prices:
  • 50 Day Moving Avg: $21.16
  • 200 Day Moving Avg: $18.42
  • 52 Week Range: $10.74 - $24.16
P/E:
  • Trailing P/E Ratio: 12.53
  • Foreward P/E Ratio: 14.31
  • P/E Growth: 0.94
Sales & Book Value:
  • Annual Revenue: $1.76 billion
  • Price / Sales: 0.74
  • Book Value: $7.97 per share
  • Price / Book: 2.71
Dividend:
  • Annual Dividend: $0.24
  • Dividend Yield: 1.1%
Profitability:
  • EBIDTA: $221.58 million
  • Net Margins: 6.47%
  • Return on Equity: 25.54%
  • Return on Assets: 12.62%
Debt:
  • Debt-to-Equity Ratio: 0.50%
  • Current Ratio: 2.89%
  • Quick Ratio: 2.05%
Misc:
  • Average Volume: 1.05 million shs.
  • Beta: 1.87
  • Short Ratio: 15.51
 

Frequently Asked Questions for Wabash National (NYSE:WNC)

What is Wabash National's stock symbol?

Wabash National trades on the New York Stock Exchange (NYSE) under the ticker symbol "WNC."

How often does Wabash National pay dividends? What is the dividend yield for Wabash National?

Wabash National announced a quarterly dividend on Thursday, May 18th. Investors of record on Thursday, July 6th will be given a dividend of $0.06 per share on Thursday, July 27th. This represents a $0.24 dividend on an annualized basis and a yield of 1.11%. The ex-dividend date is Friday, June 2nd. View Wabash National's Dividend History.

How will Wabash National's stock buyback program work?

Wabash National declared that its Board of Directors has authorized a share buyback plan on Saturday, April 8th 2017, which authorizes the company to repurchase $100,000,000.00 in outstanding shares, according to EventVestor. This repurchase authorization authorizes the company to repurchase up to 7.8% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company's management believes its stock is undervalued.

How were Wabash National's earnings last quarter?

Wabash National Co. (NYSE:WNC) released its quarterly earnings results on Monday, April, 24th. The company reported $0.31 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.27 by $0.04. The business earned $362.70 million during the quarter, compared to analyst estimates of $371.09 million. Wabash National had a net margin of 6.47% and a return on equity of 25.54%. The company's revenue was down 19.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.42 EPS. View Wabash National's Earnings History.

When will Wabash National make its next earnings announcement?

Wabash National is scheduled to release their next quarterly earnings announcement on Monday, July, 24th 2017. View Earnings Estimates for Wabash National.

What guidance has Wabash National issued on next quarter's earnings?

Wabash National updated its FY17 earnings guidance on Monday, April, 24th. The company provided earnings per share (EPS) guidance of $1.44-1.56 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $1.48.

Where is Wabash National's stock going? Where will Wabash National's stock price be in 2017?

5 brokerages have issued 1 year price targets for Wabash National's shares. Their predictions range from $16.00 to $21.00. On average, they expect Wabash National's stock price to reach $18.40 in the next twelve months. View Analyst Ratings for Wabash National.

What are analysts saying about Wabash National stock?

Here are some recent quotes from research analysts about Wabash National stock:

  • 1. According to Zacks Investment Research, "Wabash National Corporation is one of the leading manufacturers of semi trailers in North America. Established in 1985, the company specializes in the design and production of dry freight vans, refrigerated vans, flatbed trailers, drop deck trailers, and intermodal equipment. Its innovative core products are sold under the DuraPlate, ArcticLite, and Eagle brand names. The company operates two wholly owned subsidiaries: Transcraft Corporation, a manufacturer of flatbed and drop deck trailers; and Wabash National Trailer Centers, a retail distributor of new and used trailers and aftermarket parts throughout the U.S. and Canada. " (4/12/2017)
  • 2. BMO Capital Markets analysts commented, "It certainly feels different this time. Although the past three downturns saw 50%-plus declines in trailer demand and negative net income at the troughs for Wabash, we believe this cycle could buck the trend. This assumption is based on pentup demand in the trailer market and Wabash working to reduce costs and diversify the company. However, while the shares have recently moved materially higher, likely boosted by the 22% of its outstanding float shorted, we believe declining earnings will constrain further upside over the next one to two years." (2/6/2017)
  • 3. Stifel Nicolaus analysts commented, "In accordance with those increases in industry estimates, we are increasing our 2017 and 2018 EPS estimates for Wabash National from $1.15 and $1.00 to $1.40 and $1.35 and raising our rating from Sell to Hold. Our target price is $17 (or 12.5x our 2018 EPS estimate of $1.35). Our prior Sell thesis had been based on the theory that semi-trailer demand would more quickly resemble Class 8 tractor demand, which had been on a sharp downward trajectory throughout 2016, as Class 8 orders declined 42% y/y last year. Historically, tractor demand and trailer demand have been more highly correlated than they have been in the past year, which we attribute to an aged semi-trailer demographic that has been more conducive to replacement as well as operational factors, such as fleets using higher trailer-to-tractor ratios to deal with hours-of-service regulations." (1/26/2017)

Who are some of Wabash National's key competitors?

Who owns Wabash National stock?

Wabash National's stock is owned by many different of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (16.47%), BlackRock Inc. (12.19%), Dimensional Fund Advisors LP (7.95%), LSV Asset Management (5.61%), Royce & Associates LP (5.23%) and Acadian Asset Management LLC (3.49%). Company insiders that own Wabash National stock include Brent L Yeagy, Erin Jennifer Roth, Larry J Magee, Mark Jason Weber, Richard J Giromini and William D Pitchford. View Institutional Ownership Trends for Wabash National.

Who sold Wabash National stock? Who is selling Wabash National stock?

Wabash National's stock was sold by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Vanguard Group Inc., Teachers Advisors LLC, Bank of New York Mellon Corp, Goldman Sachs Group Inc., Ameriprise Financial Inc., Cornerstone Capital Management Holdings LLC. and Old Mutual Global Investors UK Ltd.. Company insiders that have sold Wabash National stock in the last year include Brent L Yeagy, Erin Jennifer Roth, Larry J Magee, Mark Jason Weber, Richard J Giromini and William D Pitchford. View Insider Buying and Selling for Wabash National.

Who bought Wabash National stock? Who is buying Wabash National stock?

Wabash National's stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Acadian Asset Management LLC, Royce & Associates LP, Mackenzie Financial Corp, Victory Capital Management Inc., Morgan Stanley, Renaissance Technologies LLC and New Amsterdam Partners LLC NY. View Insider Buying and Selling for Wabash National.

How do I buy Wabash National stock?

Shares of Wabash National can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Wabash National stock cost?

One share of Wabash National stock can currently be purchased for approximately $21.61.

Analyst Ratings

Consensus Ratings for Wabash National (NYSE:WNC) (?)
Ratings Breakdown: 4 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 2.20)
Consensus Price Target: $18.40 (14.85% downside)

Analysts' Ratings History for Wabash National (NYSE:WNC)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/6/2017Seaport Global SecuritiesReiterated RatingNeutral -> NeutralMediumView Rating Details
2/6/2017BMO Capital MarketsBoost Price TargetHold$12.00 -> $16.00N/AView Rating Details
2/2/2017Piper Jaffray CompaniesDowngradeOverweight -> Neutral$21.00N/AView Rating Details
1/26/2017Stifel NicolausUpgradeSell -> Hold$11.00 -> $17.00N/AView Rating Details
12/9/2016AegisInitiated CoverageBuy$21.00N/AView Rating Details
1/29/2016FBR & CoReiterated RatingOutperform$16.00N/AView Rating Details
10/29/2015Craig HallumLower Price TargetHold$12.00N/AView Rating Details
(Data available from 5/24/2015 forward)

Earnings

Earnings History for Wabash National (NYSE:WNC)
Earnings by Quarter for Wabash National (NYSE:WNC)
Earnings History by Quarter for Wabash National (NYSE:WNC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/24/2017        
4/24/2017Q1 2017$0.27$0.31$371.09 million$362.70 millionViewN/AView Earnings Details
1/31/2017Q4 2016$0.39$0.38$451.24 million$462.06 millionViewListenView Earnings Details
10/24/2016Q3$0.48$0.50$477.67 million$464.27 millionViewListenView Earnings Details
7/26/2016Q2$0.47$0.55$490.19 million$471.44 millionViewListenView Earnings Details
4/26/2016Q116$0.24$0.42$428.95 million$447.67 millionViewListenView Earnings Details
2/2/2016Q4$0.41$0.51$504.67 million$544.00 millionViewListenView Earnings Details
10/27/2015Q3$0.39$0.47$532.31 million$491.70 millionViewListenView Earnings Details
7/28/2015Q2$0.31$0.33$515.38 million$514.80 millionViewListenView Earnings Details
4/27/2015Q115$0.17$0.19$419.89 million$437.60 millionViewListenView Earnings Details
2/3/2015Q414$0.23$0.27$503.30 million$527.47 millionViewListenView Earnings Details
10/28/2014Q314$0.27$0.26$506.40 million$491.70 millionViewListenView Earnings Details
7/29/2014Q214$0.26$0.24$476.45 million$486.00 millionViewListenView Earnings Details
4/28/2014Q114$0.11$0.12$357.15 million$358.10 millionViewListenView Earnings Details
2/6/2014Q413$0.23$0.15$456.71 million$458.40 millionViewListenView Earnings Details
10/30/2013Q313$0.25$0.24$453.88 million$440.00 millionViewListenView Earnings Details
7/30/2013Q2 2013$0.19$0.21$413.85 million$413.10 millionViewListenView Earnings Details
4/30/2013Q1 2013$0.09$0.09$334.80 million$324.20 millionViewListenView Earnings Details
2/5/2013Q4 2012$0.31$0.32$423.94 million$415.84 millionViewListenView Earnings Details
10/31/2012Q312$0.30$0.30$432.52 million$405.92 millionViewN/AView Earnings Details
7/31/2012$0.22$0.23ViewN/AView Earnings Details
4/30/2012$0.09$0.10ViewN/AView Earnings Details
11/1/2011$0.05$0.02ViewN/AView Earnings Details
8/2/2011$0.10$0.06ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Wabash National (NYSE:WNC)
2017 EPS Consensus Estimate: $1.41
2018 EPS Consensus Estimate: $1.45
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20174$0.20$0.28$0.24
Q2 20174$0.34$0.41$0.36
Q3 20174$0.34$0.48$0.42
Q4 20173$0.28$0.48$0.38
Q1 20181$0.31$0.31$0.31
Q2 20181$0.40$0.40$0.40
Q3 20181$0.38$0.38$0.38
Q4 20181$0.36$0.36$0.36
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Wabash National (NYSE:WNC)
Next Dividend:7/27/2017
Annual Dividend:$0.24
Dividend Yield:1.11%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:13.19% (Trailing 12 Months of Earnings)
15.69% (Based on This Year's Estimates)
15.89% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Wabash National (NYSE:WNC)

Dividend History by Quarter for Wabash National (NYSE:WNC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/18/2017quarterly$0.061.13%6/2/20177/6/20177/27/2017
2/23/2017quarterly$0.061.15%4/4/20174/6/20174/27/2017
12/14/2016quarterly$0.061.56%1/3/20171/5/20171/26/2017
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Wabash National (NYSE:WNC)
Insider Ownership Percentage: 2.90%
Insider Trades by Quarter for Wabash National (NYSE:WNC)
Institutional Ownership by Quarter for Wabash National (NYSE:WNC)
Insider Trades by Quarter for Wabash National (NYSE:WNC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
3/6/2017Mark Jason WeberSVPSell88,208$21.34$1,882,358.72View SEC Filing  
3/2/2017Mark Jason WeberSVPSell9,210$21.80$200,778.00View SEC Filing  
2/21/2017Erin Jennifer RothSVPSell14,090$20.79$292,931.10View SEC Filing  
2/13/2017Larry J MageeDirectorSell9,888$21.38$211,405.44View SEC Filing  
2/6/2017Brent L YeagyInsiderSell19,680$21.14$416,035.20View SEC Filing  
2/3/2017William D PitchfordSVPSell16,703$21.20$354,103.60View SEC Filing  
12/15/2016Mark Jason WeberSVPSell16,400$15.61$256,004.00View SEC Filing  
12/14/2016Richard J GirominiCEOSell90,000$15.50$1,395,000.00View SEC Filing  
8/24/2016Erin Jennifer RothSVPSell7,500$14.50$108,750.00View SEC Filing  
8/8/2016Erin Jennifer RothSVPSell18,150$14.25$258,637.50View SEC Filing  
5/24/2016Brent L YeagySVPSell22,987$13.95$320,668.65View SEC Filing  
5/7/2015Bruce N EwaldSVPSell27,000$14.97$404,190.00View SEC Filing  
11/4/2014Jeffery L TaylorCFOBuy5,000$10.00$50,000.00View SEC Filing  
11/1/2013Brent L YeagyInsiderSell4,000$11.65$46,600.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Wabash National (NYSE:WNC)
Latest Headlines for Wabash National (NYSE:WNC)
Source:
DateHeadline
americanbankingnews.com logoWabash National Co. to Issue Quarterly Dividend of $0.06 (WNC)
www.americanbankingnews.com - May 18 at 8:38 PM
finance.yahoo.com logoWabash National Corp. breached its 50 day moving average in a Bearish Manner : WNC-US : May 18, 2017
finance.yahoo.com - May 18 at 9:21 AM
finance.yahoo.com logoWhy Wabash National Corporation's Shares Popped 10% in April
finance.yahoo.com - May 11 at 3:31 AM
fool.com logoWhy Wabash National Corporation's Shares Popped 10% in April
www.fool.com - May 10 at 5:56 PM
americanbankingnews.com logoWabash National Co. (WNC) Receives Average Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - May 5 at 7:14 PM
americanbankingnews.com logoWabash National (WNC) Receiving Favorable Media Coverage, Analysis Finds
www.americanbankingnews.com - May 4 at 4:42 PM
americanbankingnews.com logoWabash National (WNC) Given Daily News Impact Rating of 0.16
www.americanbankingnews.com - May 1 at 4:06 PM
finance.yahoo.com logoETFs with exposure to Wabash National Corp. : April 28, 2017
finance.yahoo.com - April 29 at 2:28 AM
americanbankingnews.com logoSomewhat Positive Media Coverage Somewhat Likely to Affect Wabash National (WNC) Stock Price
www.americanbankingnews.com - April 28 at 1:30 PM
americanbankingnews.com logoZacks: Analysts Anticipate Wabash National Co. (WNC) to Post $0.42 Earnings Per Share
www.americanbankingnews.com - April 27 at 9:16 PM
finance.yahoo.com logoWabash National Corp. :WNC-US: Earnings Analysis: Q1, 2017 By the Numbers : April 27, 2017
finance.yahoo.com - April 27 at 11:38 AM
americanbankingnews.com logoSeaport Global Securities Equities Analysts Lift Earnings Estimates for Wabash National Co. (WNC)
www.americanbankingnews.com - April 27 at 7:44 AM
seekingalpha.com logoWabash National's (WNC) CEO Dick Giromini on Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - April 26 at 5:17 PM
finance.yahoo.com logoWabash National Corp. breached its 50 day moving average in a Bullish Manner : WNC-US : April 26, 2017
finance.yahoo.com - April 26 at 5:16 PM
finance.yahoo.com logoWabash National's Earnings Show Its Product Diversification Strategy is Proving Effective
finance.yahoo.com - April 26 at 5:16 PM
fool.com logoWabash National's Earnings Show Its Product Diversification Strategy is Proving Effective
www.fool.com - April 26 at 10:52 AM
finance.yahoo.com logoEdited Transcript of WNC earnings conference call or presentation 25-Apr-17 2:00pm GMT
finance.yahoo.com - April 26 at 8:15 AM
americanbankingnews.com logoWabash National (WNC) Earning Somewhat Positive Press Coverage, AlphaOne Reports
www.americanbankingnews.com - April 25 at 3:18 PM
fool.com logoShares of Wabash National Surge Thanks to Strong Earnings, Raised Guidance
www.fool.com - April 25 at 1:30 PM
seekingalpha.com logoWabash National rips 12% gain after earnings
seekingalpha.com - April 25 at 11:34 AM
americanbankingnews.com logoWabash National Co. (WNC) Releases Quarterly Earnings Results
www.americanbankingnews.com - April 24 at 10:06 PM
rttnews.com logoWabash National Corp Q1 Income Retreats 30%
www.rttnews.com - April 24 at 7:01 PM
globenewswire.com logoWabash National Corporation Announces First Quarter 2017 Results; Increases Outlook on Full Year 2017
globenewswire.com - April 24 at 7:01 PM
americanbankingnews.com logoWabash National Co. (WNC) Releases FY17 Earnings Guidance
www.americanbankingnews.com - April 24 at 6:36 PM
marketbeat.com logoWabash beats 1Q profit forecasts
marketbeat.com - April 24 at 5:16 PM
americanbankingnews.com logoFavorable Media Coverage Somewhat Likely to Impact Wabash National (WNC) Stock Price
www.americanbankingnews.com - April 22 at 8:53 AM
americanbankingnews.com logoWabash National Co. (WNC) Scheduled to Post Quarterly Earnings on Monday
www.americanbankingnews.com - April 22 at 12:32 AM
americanbankingnews.com logoWabash National (WNC) Getting Somewhat Favorable Media Coverage, Study Shows
www.americanbankingnews.com - April 18 at 12:46 PM
americanbankingnews.com logoWabash National Co. (WNC) Lowered to Hold at Zacks Investment Research
www.americanbankingnews.com - April 18 at 7:32 AM
americanbankingnews.com logoSomewhat Positive Media Coverage Somewhat Likely to Impact Wabash National (WNC) Stock Price
www.americanbankingnews.com - April 14 at 12:28 PM
americanbankingnews.com logoWabash National Co. (WNC) Cut to "Hold" at Zacks Investment Research
www.americanbankingnews.com - April 12 at 2:42 PM
americanbankingnews.com logoWabash National Co. (WNC) Receives Consensus Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - April 10 at 6:30 PM
americanbankingnews.com logoWabash National Co. to Post Q1 2017 Earnings of $0.24 Per Share, Seaport Global Securities Forecasts (WNC)
www.americanbankingnews.com - April 10 at 7:01 AM
americanbankingnews.com logo$384.15 Million in Sales Expected for Wabash National Co. (WNC) This Quarter
www.americanbankingnews.com - April 8 at 9:29 AM
americanbankingnews.com logoWabash National (WNC) Board of Directors Announces Stock Buyback Program
www.americanbankingnews.com - April 8 at 8:38 AM
americanbankingnews.com logoWabash National Co. (WNC) Forecasted to Earn Q2 2018 Earnings of $0.35 Per Share
www.americanbankingnews.com - April 7 at 7:21 PM
finance.yahoo.com logoWabash National Corporation Announces Earnings Release Date
finance.yahoo.com - April 7 at 1:31 PM
americanbankingnews.com logo$0.27 Earnings Per Share Expected for Wabash National Co. (WNC) This Quarter
www.americanbankingnews.com - April 6 at 5:37 PM
americanbankingnews.com logoWabash National Co. (WNC) Research Coverage Started at Seaport Global Securities
www.americanbankingnews.com - April 6 at 2:04 PM
finance.yahoo.com logoDoes Wabash Offer a Good Value Buying Opportunity Now?
finance.yahoo.com - March 28 at 11:35 PM
americanbankingnews.com logoWabash National Co. (WNC) Receives Consensus Recommendation of “Hold” from Analysts
www.americanbankingnews.com - March 15 at 11:36 AM
seekingalpha.com logoWabash National Is An Attractive Cyclical Bet
seekingalpha.com - March 4 at 8:42 PM
finance.yahoo.com logoWABASH NATIONAL CORP /DE Financials
finance.yahoo.com - March 4 at 4:27 AM
finance.yahoo.com logoWabash National Boosts Share Buyback by $100M, Stock Up
finance.yahoo.com - March 4 at 4:27 AM
finance.yahoo.com logoWabash National Corporation Completes Repricing of Senior Secured Term Loan
finance.yahoo.com - February 27 at 5:29 PM
biz.yahoo.com logoWABASH NATIONAL CORP /DE Files SEC form 8-K, Entry into a Material Definitive Agreement, Creation of a Direct Financi
biz.yahoo.com - February 27 at 5:29 PM
finance.yahoo.com logo8:44 am Wabash Natl announces that its board of directors has authorized the Co to repurchase up to an additional $100 mln of its common stock over the next two years
finance.yahoo.com - February 25 at 8:12 PM
seekingalpha.com logoWabash National announces $100M increase to stock repurchase program
seekingalpha.com - February 25 at 4:28 AM
us.rd.yahoo.com logoWabash National Corporation Announces $100 Million Increase to Stock Repurchase Program
us.rd.yahoo.com - February 25 at 4:28 AM
feeds.benzinga.com logoWabash National Corporation Announces Quarterly Dividend
feeds.benzinga.com - February 23 at 4:49 PM

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Chart

Wabash National (WNC) Chart for Wednesday, May, 24, 2017

This page was last updated on 5/24/2017 by MarketBeat.com Staff