Home Sectors Industrials Trading Results: Wabash National Corporation (NYSE: WNC)

Trading Results: Wabash National Corporation (NYSE: WNC)

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Wabash National Corporation trades as part of the industrials sector and trades as part of the truck manufacturing industry. The company CEO is Brent L. Yeagy. Wabash National Corp is a diversified industrial manufacturer and producer of semi-trailers and liquid transportation systems. It designs, manufactures and markets various types of trailers, dry and refrigerated truck bodies, among others.

Previous Intraday Trading Performance:

The WNC stock showed a previous change of 3.42% with an open at 14.72 and a close of 15.13. It reached an intraday high of 15.14 and a low of 14.69.

SeekingAlpha:  Trucker rates expected to fall

Liquidity:

The stock has a market cap of $838.6m with 55.4m shares outstanding, of which the float is 52.7m shares. Trading volume reached 419,398 shares compared to its average volume of 369,423 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Wabash National Corporation shares returned 4.49% and in the past 30 trading days it returned 0.80%. Over three months, it changed 10.44%. In one year it has changed -24.14% and within that year its 52-week high was 20.78 and its 52-week low was 12.25. WNC stock is 23.51% above its 52 Week Low.

Our calculations show a 200 day moving average of 14.92 and a 50 day moving average of 14.61. Currently WNC stock is trading 1.39% above its 200 day moving average and may be a good opportunity to buy.

SeekingAlpha:  Trucker rates expected to fall

Earnings:

The last annual fiscal EPS for the company was reported at 1.18 that ended on 31st of December 2018, which according to the previous close, that is a PE of 12.82. Based on 1 analyst estimate, the estimated EPS for the next quarter is 0.26. The TTM EPS is 1.44, which comes to a TTM PE of 10.51. Historically, the PE high was 22.60 and the PE low was 6.40. If the stock reached its PE low, that would represent a price of 9.21, which is a decrease of -39.11%.

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 05/01/2019): 0.27
4thQtr of 2018 (Reported on 01/29/2019): 0.21
3rdQtr of 2018 (Reported on 10/30/2018): 0.08
2ndQtr of 2018 (Reported on 07/31/2018): 0.54
1stQtr of 2018 (Reported on 05/01/2018): 0.35

The dividend per share is currently 0.32, which is a dividend yield of 2.12%. Also, the payout ratio is 22.22%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 24.20, which means it is possibly undervalued and has a margin of safety of 37.48%.

Indicators to Watch:

Short-interest was 2,430,778, which was 4.39% of shares outstanding. The short-interest ratio or days-to-cover ratio was 5.76. This stock has some short interest, but it may be normal and no cause for concern if long the position.

The current calculated beta is 1.97.

PR Newswire:  Kontoor Brands and Arrowhead Pharmaceuticals Set to Join S&P SmallCap 600

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 12.63%, return on assets is 4.47%, profit margin is 2.73%, price-to-sales is 0.35 and price-to-book is 1.68.

Company Scores:

All scores are out of six:
 4  :Valuation Score
 1  :Past Performance Score
 5  :Financial Strength Score
 1  :Future Growth Score
 2  :Dividend Score
 2  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.