The stock of Wabash National Corp. (WNC) has seen a -10.63% decrease in the past week, with a -3.38% drop in the past month, and a -18.99% decrease in the past quarter. The volatility ratio for the week is 2.89%, and the volatility levels for the past 30 days are at 2.94% for WNC. The simple moving average for the past 20 days is -4.80% for WNC’s stock, with a -13.13% simple moving average for the past 200 days.
Is It Worth Investing in Wabash National Corp. (NYSE: WNC) Right Now?
Wabash National Corp. (NYSE: WNC) has a price-to-earnings ratio that is above its average at 5.01x. The stock has a 36-month beta value of 1.55. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 0 as “overweight,” 5 as “hold,” and 0 as “sell.”
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The public float for WNC is 43.70M, and at present, short sellers hold a 19.10% of that float. On July 24, 2024, the average trading volume of WNC was 602.40K shares.
WNC) stock’s latest price update
The stock of Wabash National Corp. (NYSE: WNC) has decreased by -7.49 when compared to last closing price of 22.55.Despite this, the company has seen a loss of -10.63% in its stock price over the last five trading days. gurufocus.com reported 2024-07-15 that Want to invest in a company that is better at generating sales than profits?
Analysts’ Opinion of WNC
Many brokerage firms have already submitted their reports for WNC stocks, with DA Davidson repeating the rating for WNC by listing it as a “Neutral.” The predicted price for WNC in the upcoming period, according to DA Davidson is $25 based on the research report published on September 27, 2023 of the previous year 2023.
Vertical Research gave a rating of “Hold” to WNC, setting the target price at $27 in the report published on December 05th of the previous year.
WNC Trading at -4.44% from the 50-Day Moving Average
After a stumble in the market that brought WNC to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -30.63% of loss for the given period.
Volatility was left at 2.94%, however, over the last 30 days, the volatility rate increased by 2.89%, as shares sank -1.33% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -10.52% lower at present.
During the last 5 trading sessions, WNC fell by -10.75%, which changed the moving average for the period of 200-days by -3.30% in comparison to the 20-day moving average, which settled at $21.90. In addition, Wabash National Corp. saw -18.58% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at WNC starting from Sudhanshu Priyadarshi, who sale 1,010 shares at the price of $27.06 back on Feb 27 ’24. After this action, Sudhanshu Priyadarshi now owns 6,386 shares of Wabash National Corp., valued at $27,331 using the latest closing price.
Magee Larry J, the Director of Wabash National Corp., sale 17,897 shares at $25.80 during a trade that took place back on Feb 08 ’24, which means that Magee Larry J is holding 96,249 shares at $461,743 based on the most recent closing price.
Stock Fundamentals for WNC
Current profitability levels for the company are sitting at:
- 0.09 for the present operating margin
- 0.17 for the gross margin
The net margin for Wabash National Corp. stands at 0.07. The total capital return value is set at 0.21. Equity return is now at value 40.84, with 14.75 for asset returns.
Based on Wabash National Corp. (WNC), the company’s capital structure generated 0.42 points at debt to capital in total, while cash flow to debt ratio is standing at 0.39. The debt to equity ratio resting at 0.72. The interest coverage ratio of the stock is 21.4.
Currently, EBITDA for the company is 357.5 million with net debt to EBITDA at 1.27. When we switch over and look at the enterprise to sales, we see a ratio of 0.55. The receivables turnover for the company is 9.43for trailing twelve months and the total asset turnover is 1.71. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.87.
Conclusion
To sum up, Wabash National Corp. (WNC) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
