Somewhat Positive Press Coverage Somewhat Unlikely to Affect Wabash National (WNC) Share Price
Media headlines about Wabash National (NYSE:WNC) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research group rates the sentiment of media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Wabash National earned a coverage optimism score of 0.20 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 46.9146852158812 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.
WNC has been the subject of a number of research analyst reports. Craig Hallum restated a “buy” rating and set a $27.00 price objective on shares of Wabash National in a report on Friday, October 6th. ValuEngine downgraded Wabash National from a “strong-buy” rating to a “buy” rating in a report on Monday, October 2nd. Zacks Investment Research upgraded Wabash National from a “hold” rating to a “buy” rating and set a $24.00 price target for the company in a report on Wednesday, September 27th. Stifel Nicolaus reiterated a “hold” rating and issued a $22.00 price target on shares of Wabash National in a report on Tuesday, September 12th. Finally, BMO Capital Markets reiterated a “hold” rating on shares of Wabash National in a report on Monday, October 23rd. Six equities research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $23.83.
Shares of Wabash National (WNC) opened at $21.60 on Friday. Wabash National has a twelve month low of $15.79 and a twelve month high of $24.16. The stock has a market capitalization of $1,270.00, a price-to-earnings ratio of 16.00, a P/E/G ratio of 0.60 and a beta of 1.69. The company has a debt-to-equity ratio of 1.04, a current ratio of 2.03 and a quick ratio of 1.18.
Wabash National (NYSE:WNC) last announced its quarterly earnings results on Tuesday, October 31st. The company reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.39 by ($0.05). Wabash National had a net margin of 5.05% and a return on equity of 18.42%. The company had revenue of $425.10 million during the quarter, compared to analyst estimates of $449.05 million. During the same quarter in the prior year, the company posted $0.50 earnings per share. The firm’s revenue for the quarter was down 8.4% on a year-over-year basis. equities analysts anticipate that Wabash National will post 1.35 earnings per share for the current year.
The business also recently declared a quarterly dividend, which will be paid on Thursday, January 25th. Investors of record on Thursday, January 4th will be issued a $0.075 dividend. This is an increase from Wabash National’s previous quarterly dividend of $0.06. This represents a $0.30 annualized dividend and a yield of 1.39%. The ex-dividend date is Wednesday, January 3rd. Wabash National’s dividend payout ratio is currently 22.22%.
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About Wabash National
Wabash 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.
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