Wabash National (WNC) Projected to Post Quarterly Earnings on Wednesday

Wabash National (NYSE:WNC) will likely be releasing its earnings data before the market opens on Wednesday, January 29th. Analysts expect Wabash National to post earnings of $0.02 per share and revenue of $412,920.00 billion for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Wabash National Stock Down 2.3 %

Shares of Wabash National stock opened at $15.24 on Tuesday. The stock’s 50-day moving average is $17.89 and its 200 day moving average is $18.86. Wabash National has a one year low of $15.15 and a one year high of $30.07. The firm has a market cap of $660.33 million, a price-to-earnings ratio of -2.81 and a beta of 1.57. The company has a debt-to-equity ratio of 1.97, a current ratio of 1.88 and a quick ratio of 1.12.

Wabash National Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 30th. Shareholders of record on Friday, January 10th will be paid a $0.08 dividend. This represents a $0.32 annualized dividend and a yield of 2.10%. The ex-dividend date of this dividend is Friday, January 10th. Wabash National’s dividend payout ratio (DPR) is presently -5.89%.

Insider Activity

In other news, SVP Michael N. Pettit sold 1,500 shares of the business’s stock in a transaction that occurred on Tuesday, December 31st. The stock was sold at an average price of $17.19, for a total transaction of $25,785.00. Following the completion of the sale, the senior vice president now owns 117,227 shares in the company, valued at $2,015,132.13. The trade was a 1.26 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own 1.78% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, DA Davidson reiterated a “neutral” rating and issued a $18.00 price objective on shares of Wabash National in a research note on Monday, September 30th.

Wabash National Company Profile

Wabash National Corporation provides connected solutions for the transportation, logistics, and distribution industries primarily in the United States. The company operates through two segments, Transportation Solutions and Parts & Services. The Transportation Solutions segment designs and manufactures transportation-related equipment and products dry and refrigerated van trailers, platform trailers, tank trailers, and truck-mounted tanks; truck bodies for dry-freight transportation; cargo and cargo XL bodies for commercial applications; refrigerated truck bodies; platform truck bodies; and used trailers, as well as laminated hardwood oak flooring products.