Many Wabash National Corporation(WNC) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Wabash National Corporation was Downgraded by Piper Jaffray to Neutral on Feb 2, 2017. Company shares were Upgraded by Stifel on Jan 26, 2017 to Hold, Raises Price Target to $ 17 from a previous price target of $11 .Wabash National Corporation was Initiated by Aegis Capital on Dec 9, 2016 to Buy, Price Target of the shares are set at $21.
Company has reported several Insider transactions to the SEC, on Feb 13, 2017, Larry J Magee (director) sold 9,888 shares at 21.37 per share price.On Feb 6, 2017, William D Pitchford (SVP, HR & Assistant Secretary) sold 16,703 shares at 21.20 per share price.On Feb 6, 2017, Brent L Yeagy (President and COO) sold 19,680 shares at 21.14 per share price.
Wabash National Corporation Last issued its quarterly earnings results on Jan 31, 2017. The company reported $0.38 EPS for the quarter. Analyst had a consensus estimate of $0.38. The company had revenue of $462.06 million for the quarter, compared to analysts expectations of $448.08 million. The companys revenue was down -15.0 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.51 EPS.
Wabash National Corporation (NYSE:WNC) has received a short term rating of strong buy from experts at Zacks with a rank of 1. The stock has been rated an average of 2.67 by 6 Brokerage Firm. 1 Wall Street Firms have rated the stock as a strong buys. 5 Brokerage Firms have advised hold.
Wabash National Corporation (NYSE:WNC) shares are expected to touch $19.33 in the short term. This short term price target has been shared by 6 analysts. However, the standard deviation of short term price estimate has been valued at 4.23. The target price could hit $22 on the higher end and $11 on the lower end.
Wabash National Corporation (NYSE:WNC) witnessed a decline in the market cap on Tuesday as its shares dropped 0.85% or 0.18 points. After the session commenced at $21.11, the stock reached the higher end at $21.14 while it hit a low of $20.86. With the volume soaring to 858,374 shares, the last trade was called at $20.93. The company has a 52-week high of $21.69. The company has a market cap of $1,298 million and there are 62,035,806 shares in outstanding. The 52-week low of the share price is $10.74.
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.