Citizens Jmp Weighs in on Wabash National Q2 Earnings

Wabash National Corporation (NYSE:WNCFree Report) – Analysts at Citizens Jmp issued their Q2 2026 EPS estimates for shares of Wabash National in a research report issued to clients and investors on Wednesday, July 22nd. Citizens Jmp analyst J. Kauffman forecasts that the company will post earnings of ($0.55) per share for the quarter. Citizens Jmp currently has a “Outperform” rating and a $25.00 price target on the stock. The consensus estimate for Wabash National’s current full-year earnings is ($1.75) per share.

Wabash National (NYSE:WNCGet Free Report) last issued its quarterly earnings data on Friday, May 1st. The company reported ($1.17) EPS for the quarter, missing analysts’ consensus estimates of ($1.01) by ($0.16). Wabash National had a negative net margin of 4.41% and a negative return on equity of 30.16%. The business had revenue of $303.23 million during the quarter, compared to analyst estimates of $319.03 million. During the same period in the previous year, the company posted ($0.58) earnings per share. Wabash National’s revenue was down 20.4% on a year-over-year basis.

Several other research firms have also commented on WNC. Wall Street Zen lowered shares of Wabash National from a “sell” rating to a “strong sell” rating in a research report on Sunday, July 12th. Weiss Ratings downgraded Wabash National from a “sell (d+)” rating to a “sell (d-)” rating in a research report on Friday, May 15th. Finally, DA Davidson reaffirmed a “buy” rating and issued a $20.00 target price on shares of Wabash National in a research note on Wednesday. Two equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $18.00.

View Our Latest Research Report on WNC

Wabash National Stock Performance

Shares of WNC opened at $13.29 on Friday. Wabash National has a 12-month low of $6.63 and a 12-month high of $14.32. The stock has a market cap of $540.50 million, a P/E ratio of -8.31 and a beta of 1.43. The company has a current ratio of 1.33, a quick ratio of 0.77 and a debt-to-equity ratio of 1.55. The company has a 50-day moving average of $10.75 and a two-hundred day moving average of $9.92.

Institutional Trading of Wabash National

Several hedge funds and other institutional investors have recently bought and sold shares of WNC. Bank of America Corp DE raised its holdings in Wabash National by 39.6% in the 1st quarter. Bank of America Corp DE now owns 220,248 shares of the company’s stock valued at $1,899,000 after acquiring an additional 62,519 shares during the last quarter. Royal Bank of Canada boosted its holdings in shares of Wabash National by 1,036.0% during the first quarter. Royal Bank of Canada now owns 50,621 shares of the company’s stock worth $436,000 after purchasing an additional 46,165 shares during the last quarter. Empowered Funds LLC boosted its holdings in shares of Wabash National by 40.1% during the first quarter. Empowered Funds LLC now owns 589,884 shares of the company’s stock worth $5,085,000 after purchasing an additional 168,929 shares during the last quarter. Quantinno Capital Management LP grew its position in shares of Wabash National by 17.1% in the first quarter. Quantinno Capital Management LP now owns 174,796 shares of the company’s stock valued at $1,507,000 after purchasing an additional 25,483 shares during the period. Finally, Renaissance Technologies LLC grew its position in shares of Wabash National by 13.2% in the first quarter. Renaissance Technologies LLC now owns 224,365 shares of the company’s stock valued at $1,934,000 after purchasing an additional 26,100 shares during the period. 97.05% of the stock is owned by hedge funds and other institutional investors.

Wabash National Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, July 23rd. Investors of record on Thursday, July 2nd were paid a dividend of $0.08 per share. The ex-dividend date of this dividend was Thursday, July 2nd. This represents a $0.32 annualized dividend and a dividend yield of 2.4%. Wabash National’s dividend payout ratio is presently -20.00%.

Wabash National Company Profile

(Get Free Report)

Wabash National Corporation (NYSE: WNC) is a leading designer and manufacturer of transportation equipment and supply chain solutions. The company’s product portfolio includes dry freight van trailers, refrigerated vans, tank trailers, platform trailers, flatbeds and composite bodies. Wabash National also offers railcar products and modular building solutions, serving customers in a wide range of end markets such as food and beverage, chemicals, agriculture, waste management and construction.

Founded in 1985 and headquartered in Lafayette, Indiana, Wabash National has built a reputation for innovation in lightweight materials, advanced manufacturing processes and telematics integration.

Further Reading

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.