A share price of Wabash National Corp [WNC] is currently trading at $11.20, up 1.54%. An important factor to consider is whether the stock is rising or falling in short-term value. The WNC shares have gain 0.36% over the last week, with a monthly amount glided 5.76%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Wabash National Corp [NYSE: WNC] stock has seen the most recent analyst activity on September 09, 2024, when DA Davidson reiterated its Neutral rating and also revised its price target to $18 from $23. Previously, DA Davidson downgraded its rating to Neutral on September 27, 2023, and dropped its price target to $25. On July 05, 2023, downgrade downgraded it’s rating to Mkt Perform. Vertical Research downgraded its rating to a Hold but stick to its price target of $27 on December 05, 2022. DA Davidson initiated its recommendation with a Buy and recommended $25 as its price target on December 17, 2021. Vertical Research started tracking with a Buy rating for this stock on March 26, 2021, and assigned it a price target of $25. In a note dated November 21, 2019, Raymond James initiated an Strong Buy rating and provided a target price of $19 on this stock.
Wabash National Corp experienced fluctuations in its stock price throughout the past year between $10.34 and $29.59. Currently, Wall Street analysts expect the stock to reach $23.25 within the next 12 months. Wabash National Corp [NYSE: WNC] shares were valued at $11.20 at the most recent close of the market. An investor can expect a potential return of 107.59% based on the average WNC price forecast.
Analyzing the WNC fundamentals
Trailing Twelve Months sales for Wabash National Corp [NYSE:WNC] were 1.95B which represents -30.08% decline. Gross Profit Margin for this corporation currently stands at 0.13% with Operating Profit Margin at -0.18%, Pretax Profit Margin comes in at -0.19%, and Net Profit Margin reading is -0.15%. To continue investigating profitability, this company’s Return on Assets is posted at -0.2, Equity is -0.76 and Total Capital is -0.32. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.1.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 10.92 points at the first support level, and at 10.63 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.41, and for the 2nd resistance point, it is at 11.61.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Wabash National Corp [NYSE:WNC] is 1.93. On the other hand, the Quick Ratio is 1.09, and the Cash Ratio is 0.37. Considering the valuation of this stock, the price to sales ratio is 0.24, the price to book ratio is 2.54.
Transactions by insiders
Recent insider trading involved Page Kevin J, Officer, that happened on Mar 17 ’25 when 10000.0 shares were purchased. SVP and Chief Growth Officer, Pettit Michael N completed a deal on Dec 31 ’24 to sell 1500.0 shares. Meanwhile, Officer Pettit Michael N bought 1500.0 shares on Dec 31 ’24.
