Analysts See $0.42 EPS for Wabash National Corporation (WNC)

July 17, 2017 - By Winifred Garcia

 Analysts See $0.42 EPS for Wabash National Corporation (WNC)
Investors sentiment decreased to 0.87 in 2016 Q4. Its down 0.18, from 1.05 in 2016Q3. It dropped, as 36 investors sold Wabash National Corporation shares while 81 reduced holdings. 37 funds opened positions while 65 raised stakes. 68.31 million shares or 7.87% less from 74.15 million shares in 2016Q3 were reported.
First Mercantile holds 0.02% of its portfolio in Wabash National Corporation (NYSE:WNC) for 9,775 shares. Schwab Charles Invest Mgmt reported 0.01% stake. Affinity Invest Advsr Limited Liability Co reported 0.03% stake. 46,903 are owned by American Grp Inc. Wexford Capital Limited Partnership owns 78,315 shares for 0.13% of their portfolio. Petrus Trust Lta owns 13,709 shares. Parametric Portfolio Associates Ltd Liability Co owns 221,830 shares or 0% of their US portfolio. Blackrock Advsrs Llc owns 34,580 shares or 0% of their US portfolio. Independent Portfolio Consultants Inc has invested 0.03% in Wabash National Corporation (NYSE:WNC). Manufacturers Life Communication The reported 0% in Wabash National Corporation (NYSE:WNC). 114,750 are owned by Zpr Invest Mgmt. First Personal Finance holds 1,053 shares. The New York-based Tower Rech Capital Limited Liability (Trc) has invested 0% in Wabash National Corporation (NYSE:WNC). Federated Invsts Pa has invested 0.01% of its portfolio in Wabash National Corporation (NYSE:WNC). Rhumbline Advisers has 96,314 shares for 0% of their portfolio.

Since February 3, 2017, it had 0 insider purchases, and 6 insider sales for $3.36 million activity. 14,090 shares valued at $292,903 were sold by Roth Erin Jennifer on Tuesday, February 21. Magee Larry J sold $211,360 worth of Wabash National Corporation (NYSE:WNC) on Friday, February 10. Another trade for 19,680 shares valued at $415,984 was sold by Yeagy Brent L. Weber Mark Jason also sold $1.88M worth of Wabash National Corporation (NYSE:WNC) on Monday, March 6. Pitchford William D also sold $354,124 worth of Wabash National Corporation (NYSE:WNC) on Friday, February 3.

Wall Street await Wabash National Corporation (NYSE:WNC) to release earnings on July, 25. Analysts forecast earnings per share of $0.42, down exactly $0.13 or 23.64 % from 2014’s $0.55 EPS. The expected WNC’s profit could reach $25.52M giving the stock 13.42 P/E in the case that $0.42 earnings per share is reported. After posting $0.31 EPS for the previous quarter, Wabash National Corporation’s analysts now forecast 35.48 % EPS growth. The stock increased 0.20% or $0.05 during the last trading session, reaching $22.55. About 545,597 shares traded. Wabash National Corporation (NYSE:WNC) has risen 52.05% since July 18, 2016 and is uptrending. It has outperformed by 35.35% the S&P500.

Wabash National Corporation (NYSE:WNC) Ratings Coverage

Among 9 analysts covering Wabash National Corp (NYSE:WNC), 2 have Buy rating, 1 Sell and 6 Hold. Therefore 22% are positive. Wabash National Corp had 13 analyst reports since September 28, 2015 according to SRatingsIntel. The firm has “Hold” rating given on Thursday, January 26 by Stifel Nicolaus. As per Tuesday, June 14, the company rating was downgraded by Stifel Nicolaus. As per Monday, September 28, the company rating was upgraded by Global Hunter Securities. The company was initiated on Friday, December 9 by Aegis Capital. The firm has “Neutral” rating given on Thursday, April 6 by Seaport Global. The rating was downgraded by Stifel Nicolaus on Tuesday, December 8 to “Hold”. The stock has “Neutral” rating by Piper Jaffray on Thursday, February 2. As per Thursday, July 6, the company rating was maintained by BMO Capital Markets. PiperJaffray downgraded Wabash National Corporation (NYSE:WNC) on Thursday, February 2 to “Neutral” rating. The rating was initiated by CLSA with “Underperform” on Friday, September 30.

Wabash National Corporation is a diversified industrial maker and producer of semi-trailers and liquid transportation systems. The company has market cap of $1.37 billion. The Company’s divisions include Commercial Trailer Products; Diversified Products, and Corporate and Eliminations segment. It has a 13.15 P/E ratio. The Firm designs, makes 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.

More notable recent Wabash National Corporation (NYSE:WNC) news were published by: Globenewswire.com which released: “Wabash National Corporation to Expand Operations to Minnesota with Advanced …” on February 09, 2017, also Fool.com with their article: “Why Wabash National Corporation Stock Popped Today” published on February 01, 2017, Nasdaq.com published: “Wabash National Corporation (WNC) Ex-Dividend Date Scheduled for July 03, 2017” on June 30, 2017. More interesting news about Wabash National Corporation (NYSE:WNC) were released by: Seekingalpha.com and their article: “Wabash National Is An Attractive Cyclical Bet” published on March 04, 2017 as well as Fool.com‘s news article titled: “Why Wabash National Corp.’s 12.6% Drop in May is an Opportunity” with publication date: June 07, 2017.

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