Wabash National (NYSE:WNC) has been given a $25.00 target price by research analysts at Stifel Nicolaus in a research note issued to investors on Friday. The brokerage presently has a “hold” rating on the stock. Stifel Nicolaus’ price target would indicate a potential upside of 8.84% from the stock’s previous close.

A number of other brokerages also recently weighed in on WNC. BMO Capital Markets reaffirmed a “hold” rating on shares of Wabash National in a research report on Monday, October 23rd. Zacks Investment Research downgraded shares of Wabash National from a “buy” rating to a “hold” rating in a research note on Thursday, November 9th. OTR Global cut shares of Wabash National to a “positive” rating in a report on Thursday, December 14th. ValuEngine upgraded shares of Wabash National from a “buy” rating to a “strong-buy” rating in a report on Sunday, December 31st. Finally, Seaport Global Securities restated a “neutral” rating on shares of Wabash National in a report on Tuesday, January 16th. Five investment analysts have rated the stock with a hold rating, three have given a buy rating and one has assigned a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $26.00.

Wabash National (NYSE:WNC) traded down $0.03 during trading on Friday, reaching $22.97. 492,757 shares of the company were exchanged, compared to its average volume of 1,083,442. The company has a market capitalization of $1,430.81, a P/E ratio of 12.95, a P/E/G ratio of 0.57 and a beta of 1.73. Wabash National has a 1-year low of $18.25 and a 1-year high of $26.54. The company has a current ratio of 2.03, a quick ratio of 1.39 and a debt-to-equity ratio of 1.00.

Wabash National (NYSE:WNC) last announced its quarterly earnings data on Tuesday, January 30th. The company reported $0.36 EPS for the quarter, beating analysts’ consensus estimates 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%. The company’s quarterly revenue was up 17.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.38 EPS. analysts predict that Wabash National will post 1.97 earnings per share for the current fiscal year.

In other Wabash National news, CEO Richard J. Giromini sold 58,300 shares of the business’s stock in a transaction dated Tuesday, February 6th. The stock was sold at an average price of $25.04, for a total value of $1,459,832.00. Following the completion of the transaction, the chief executive officer now owns 803,680 shares of the company’s stock, valued at approximately $20,124,147.20. The sale was disclosed in a legal filing with the SEC, which is available through this link. 2.90% of the stock is currently owned by insiders.

A number of large investors have recently modified their holdings of WNC. Arizona State Retirement System raised its stake in shares of Wabash National by 223.9% during the 4th quarter. Arizona State Retirement System now owns 99,125 shares of the company’s stock worth $2,151,000 after buying an additional 68,525 shares in the last quarter. Eagle Boston Investment Management Inc. raised its stake in shares of Wabash National by 4.6% during the 4th quarter. Eagle Boston Investment Management Inc. now owns 350,553 shares of the company’s stock worth $7,607,000 after buying an additional 15,264 shares in the last quarter. Pinebridge Investments L.P. raised its stake in shares of Wabash National by 47.7% during the 4th quarter. Pinebridge Investments L.P. now owns 99,061 shares of the company’s stock worth $2,150,000 after buying an additional 31,994 shares in the last quarter. Olstein Capital Management L.P. raised its stake in shares of Wabash National by 32.1% during the 4th quarter. Olstein Capital Management L.P. now owns 123,150 shares of the company’s stock worth $2,672,000 after buying an additional 29,950 shares in the last quarter. Finally, First Trust Advisors LP raised its stake in shares of Wabash National by 11.4% during the 4th quarter. First Trust Advisors LP now owns 344,265 shares of the company’s stock worth $7,471,000 after buying an additional 35,166 shares in the last quarter.

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Wabash National Company Profile

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.

Analyst Recommendations for Wabash National (NYSE:WNC)

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