Wabash National (NYSE:WNC) updated its FY19 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of $1.50-$1.70 for the period, compared to the Thomson Reuters consensus estimate of $1.57. Wabash National also updated its FY 2019 guidance to $1.50-1.70 EPS.
WNC has been the topic of a number of research analyst reports. Zacks Investment Research lowered Wabash National from a hold rating to a strong sell rating in a research report on Sunday, January 6th. Mizuho reissued a hold rating and issued a $16.00 target price on shares of Wabash National in a research report on Friday, March 1st. Finally, ValuEngine lowered Wabash National from a sell rating to a strong sell rating in a research report on Tuesday, March 12th. One investment analyst has rated the stock with a sell rating, six have given a hold rating and two have given a buy rating to the company’s stock. The stock currently has an average rating of Hold and a consensus price target of $19.71.
Shares of Wabash National stock traded up $0.69 during trading hours on Friday, reaching $15.70. 16,273 shares of the company were exchanged, compared to its average volume of 432,470. Wabash National has a 1 year low of $12.25 and a 1 year high of $21.37. The company has a current ratio of 2.02, a quick ratio of 1.34 and a debt-to-equity ratio of 1.06. The firm has a market capitalization of $835.77 million, a P/E ratio of 10.92 and a beta of 1.99.
The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 25th. Stockholders of record on Thursday, April 4th were given a dividend of $0.08 per share. This represents a $0.32 dividend on an annualized basis and a dividend yield of 2.04%. The ex-dividend date of this dividend was Wednesday, April 3rd. Wabash National’s dividend payout ratio is currently 22.22%.
Wabash National Company Profile
Wabash National Corporation designs, manufactures, and distributes transportation and diversified industrial products; and provides services primarily in the United States. The company operates through three segments: Commercial Trailer Products, Diversified Products, and Final Mile Products. The Commercial Trailer Products segment provides dry van trailers; platform trailers; refrigerated trailers; converter dollies, big tire haulers, steel coil haulers, and RoadRailer trailers; aftermarket parts and services; and used trailers.
Featured Story: Percentage Decliners
Receive News & Ratings for Wabash National Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wabash National and related companies with MarketBeat.com's FREE daily email newsletter.