Wabash National (NYSE:WNC) Posts Earnings Results

Wabash National (NYSE:WNC) released its quarterly earnings results on Wednesday. The company reported ($0.02) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.04), Zacks reports. Wabash National had a negative net margin of 14.59% and a positive return on equity of 12.65%. During the same quarter in the previous year, the company earned $1.07 earnings per share. Wabash National updated its FY 2025 guidance to 0.850-1.050 EPS.

Wabash National Trading Up 2.6 %

Shares of WNC traded up $0.40 during midday trading on Friday, hitting $16.00. 163,002 shares of the stock were exchanged, compared to its average volume of 820,569. Wabash National has a 52-week low of $14.87 and a 52-week high of $30.07. The company has a debt-to-equity ratio of 1.97, a quick ratio of 1.12 and a current ratio of 1.88. The stock has a fifty day simple moving average of $17.72 and a 200 day simple moving average of $18.75. The firm has a market cap of $693.53 million, a P/E ratio of -2.46 and a beta of 1.57.

Wabash National Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, January 30th. Shareholders of record on Friday, January 10th were given a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a yield of 2.00%. The ex-dividend date of this dividend was Friday, January 10th. Wabash National’s payout ratio is -4.91%.

Insider Activity at Wabash National

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

About Wabash National

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.