Wabash National (NYSE:WNC) Receiving Somewhat Favorable Press Coverage, Report Finds

Media coverage about Wabash National (NYSE:WNC) has trended somewhat positive on Saturday, Accern Sentiment reports. The research group identifies positive and negative media coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Wabash National earned a daily sentiment score of 0.20 on Accern’s scale. Accern also gave news stories 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 company’s share price in the immediate future.

Wabash National (WNC) opened at $22.46 on Friday. The company has a market capitalization of $1,325.83, a P/E ratio of 16.76, a PEG ratio of 0.63 and a beta of 1.69. The company has a debt-to-equity ratio of 1.04, a quick ratio of 1.18 and a current ratio of 2.03. Wabash National has a one year low of $16.74 and a one year high of $24.16.

Wabash National (NYSE:WNC) last released its earnings results on Tuesday, October 31st. The company reported $0.34 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.39 by ($0.05). The business had revenue of $425.10 million for the quarter, compared to analysts’ expectations of $449.05 million. Wabash National had a net margin of 5.05% and a return on equity of 18.42%. The business’s quarterly revenue was down 8.4% compared to the same quarter last year. During the same quarter last year, the company posted $0.50 earnings per share. sell-side analysts anticipate that Wabash National will post 1.35 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Thursday, January 25th. Stockholders of record on Thursday, January 4th will be paid a dividend of $0.075 per share. This is a boost from Wabash National’s previous quarterly dividend of $0.06. This represents a $0.30 annualized dividend and a dividend yield of 1.34%. The ex-dividend date is Wednesday, January 3rd. Wabash National’s dividend payout ratio is 22.39%.

A number of research firms have weighed in on WNC. ValuEngine cut Wabash National from a “strong-buy” rating to a “buy” rating in a report on Monday, October 2nd. BMO Capital Markets restated a “hold” rating on shares of Wabash National in a report on Monday, October 23rd. Craig Hallum restated a “buy” rating and issued a $27.00 price target on shares of Wabash National in a report on Friday, October 6th. 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. Finally, Stifel Nicolaus restated a “hold” rating on shares of Wabash National in a report on Friday, December 22nd. Six analysts have rated the stock with a hold rating, three have issued a buy rating and one has issued a strong buy rating to the stock. Wabash National has an average rating of “Buy” and an average price target of $23.83.

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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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