$0.42 EPS Expected for Wabash National Corporation (WNC)

July 19, 2017 - By Richard Conner

 $0.42 EPS Expected for Wabash National Corporation (WNC)
Investors sentiment decreased to 0.87 in 2016 Q4. Its down 0.18, from 1.05 in 2016Q3. It worsened, 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.
Parametric Associate Limited Liability reported 221,830 shares. Pacad stated it has 0.01% of its portfolio in Wabash National Corporation (NYSE:WNC). Germany-based Deutsche State Bank Ag has invested 0% in Wabash National Corporation (NYSE:WNC). 70,000 were reported by Teton. State Of Alaska Department Of Revenue accumulated 0.01% or 6,730 shares. Chicago Equity Prns Ltd Liability Co invested 0.16% in Wabash National Corporation (NYSE:WNC). Walthausen Ltd Liability Corp reported 559,275 shares. Robeco Institutional Asset Management Bv holds 152,187 shares. State Board Of Administration Of Florida Retirement System invested in 0.01% or 146,806 shares. Citigroup owns 162,500 shares. State Of Tennessee Treasury Department has 51,710 shares for 0% of their portfolio. Aristotle Boston Ltd Liability Corp holds 352,572 shares. Boothbay Fund Management Ltd Company holds 27,683 shares or 0.14% of its portfolio. Engineers Gate Manager L P holds 0.16% or 92,440 shares in its portfolio. Gotham Asset Mngmt holds 542,298 shares or 0.11% of its portfolio.

Since February 3, 2017, it had 0 insider purchases, and 6 sales for $3.36 million activity. Magee Larry J had sold 9,888 shares worth $211,360 on Friday, February 10. On Friday, February 3 the insider Pitchford William D sold $354,124. The insider Roth Erin Jennifer sold 14,090 shares worth $292,903. On Monday, February 6 the insider Yeagy Brent L sold $415,984. 88,208 shares were sold by Weber Mark Jason, worth $1.88 million.

Wall Street await Wabash National Corporation (NYSE:WNC) to release earnings on July, 25 after the close. 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 $25.40 million giving the stock 13.58 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 0.66% or $0.15 during the last trading session, reaching $22.82. About 678,793 shares traded. Wabash National Corporation (NYSE:WNC) has risen 52.05% since July 20, 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 by Stifel Nicolaus given on Tuesday, December 8. The firm has “Sell” rating by Stifel Nicolaus given on Tuesday, June 14. The stock of Wabash National Corporation (NYSE:WNC) has “Neutral” rating given on Thursday, February 2 by PiperJaffray. The stock has “Buy” rating by Aegis Capital on Friday, December 9. The rating was upgraded by Stifel Nicolaus to “Hold” on Thursday, January 26. On Monday, September 28 the stock rating was upgraded by Global Hunter Securities to “Buy”. The stock of Wabash National Corporation (NYSE:WNC) earned “Underperform” rating by CLSA on Friday, September 30. 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. Seaport Global reinitiated the stock with “Neutral” rating in Thursday, April 6 report.

Wabash National Corporation is a diversified industrial maker and producer of semi-trailers and liquid transportation systems. The company has market cap of $1.38 billion. The Company’s divisions include Commercial Trailer Products; Diversified Products, and Corporate and Eliminations segment. It has a 13.31 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: Seekingalpha.com which released: “Wabash National Is An Attractive Cyclical Bet” on March 04, 2017, also Globenewswire.com with their article: “Wabash National Corporation Announces First Quarter 2017 Results; Increases …” published on April 24, 2017, Fool.com published: “Why Wabash National Corporation’s Shares Popped 10% in April” on May 10, 2017. More interesting news about Wabash National Corporation (NYSE:WNC) were released by: Fool.com and their article: “Why Wabash National Corporation Stock Popped Today” published on February 01, 2017 as well as Globenewswire.com‘s news article titled: “Wabash National Corporation Completes Repricing of Senior Secured Term Loan” with publication date: February 27, 2017.

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