Wabash National Corporation (WNC) Scheduled to Post Earnings on Tuesday
Wabash National Corporation (NYSE:WNC) is scheduled to release its earnings data after the market closes on Tuesday, July 25th. Analysts expect Wabash National Corporation to post earnings of $0.42 per share for the quarter. Wabash National Corporation has set its FY17 guidance at $1.44-1.56 EPS.
Wabash National Corporation (NYSE:WNC) last announced its quarterly earnings results on Monday, April 24th. The company reported $0.31 earnings per share for the quarter, beating analysts’ consensus estimates of $0.27 by $0.04. Wabash National Corporation had a net margin of 6.37% and a return on equity of 23.44%. The business had revenue of $362.70 million during the quarter, compared to analysts’ expectations of $371.09 million. During the same period last year, the business earned $0.42 earnings per share. The business’s revenue for the quarter was down 19.0% on a year-over-year basis. On average, analysts expect Wabash National Corporation to post $1.53 EPS for the current fiscal year and $1.51 EPS for the next fiscal year.
Shares of Wabash National Corporation (NYSE WNC) opened at 22.55 on Tuesday. The firm’s 50 day moving average is $21.09 and its 200-day moving average is $19.88. The firm has a market capitalization of $1.36 billion, a PE ratio of 13.08 and a beta of 1.81. Wabash National Corporation has a 12 month low of $10.74 and a 12 month high of $24.16.
The firm also recently announced a quarterly dividend, which will be paid on Thursday, July 27th. Investors of record on Thursday, July 6th will be given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a yield of 1.06%. The ex-dividend date of this dividend is Friday, June 2nd. Wabash National Corporation’s dividend payout ratio (DPR) is presently 13.95%.
A number of research firms recently issued reports on WNC. BMO Capital Markets reissued a “hold” rating and set a $20.00 target price on shares of Wabash National Corporation in a research report on Friday, July 7th. BidaskClub raised shares of Wabash National Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday, June 13th. ValuEngine raised shares of Wabash National Corporation from a “buy” rating to a “strong-buy” rating in a research report on Friday, June 2nd. Zacks Investment Research downgraded shares of Wabash National Corporation from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 12th. Finally, Seaport Global Securities reaffirmed a “neutral” rating on shares of Wabash National Corporation in a research report on Thursday, April 6th. One analyst has rated the stock with a sell rating, six have given a hold rating, one has assigned a buy rating and one has given a strong buy rating to the stock. Wabash National Corporation currently has an average rating of “Hold” and a consensus price target of $18.71.
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About Wabash National Corporation
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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