Wabash National (NYSE:WNC) is set to release its earnings data after the market closes on Monday, April 23rd. Analysts expect Wabash National to post earnings of $0.39 per share for the quarter. Wabash National has set its FY18 guidance at $1.86-2.02 EPS.
Wabash National (NYSE:WNC) last issued its earnings results on Tuesday, January 30th. The company reported $0.36 earnings per share for the quarter, topping the consensus estimate of $0.34 by $0.02. The company had revenue of $543.40 million during the quarter, compared to the consensus estimate of $517.96 million. Wabash National had a net margin of 6.31% and a return on equity of 17.69%. Wabash National’s quarterly revenue was up 17.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.38 EPS. On average, analysts expect Wabash National to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Shares of Wabash National stock opened at $20.88 on Monday. The firm has a market capitalization of $1,206.62, a P/E ratio of 15.13, a PEG ratio of 0.50 and a beta of 1.82. The company has a quick ratio of 1.39, a current ratio of 2.03 and a debt-to-equity ratio of 1.00. Wabash National has a fifty-two week low of $18.25 and a fifty-two week high of $26.54.
Several research analysts recently weighed in on WNC shares. ValuEngine raised shares of Wabash National from a “buy” rating to a “strong-buy” rating in a report on Sunday, December 31st. Zacks Investment Research raised shares of Wabash National from a “hold” rating to a “buy” rating and set a $25.00 target price for the company in a report on Sunday, January 21st. OTR Global raised shares of Wabash National to a “positive” rating in a report on Thursday, March 1st. Seaport Global Securities reaffirmed a “neutral” rating on shares of Wabash National in a report on Tuesday, January 16th. Finally, Stifel Nicolaus reaffirmed a “hold” rating on shares of Wabash National in a report on Friday, December 22nd. Five investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $25.80.
In other Wabash National news, CEO Richard J. Giromini sold 58,300 shares of the business’s stock in a transaction on Tuesday, February 6th. The shares were sold at an average price of $25.04, for a total value of $1,459,832.00. Following the sale, the chief executive officer now owns 803,680 shares in the company, valued at approximately $20,124,147.20. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 2.90% of the stock is owned by insiders.
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About Wabash National
Wabash National Corporation manufactures and sells semi-trailers, truck bodies, specialized commercial vehicles, and liquid transportation systems. The company's Commercial Trailer Products segment provides dry van trailers; platform trailers; refrigerated trailers; converter dollies, big tire haulers, steel coil haulers, and trailers; aftermarket parts and services; and used trailers.
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