Wabash National Corporation (WNC) : The consensus on Wabash National Corporation (WNC) based on 6 analyst recommendation on the company stock is 2.33, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 3 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 2 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.
Wabash National Corporation (WNC) : Currently there are 6 street experts covering Wabash National Corporation (WNC) stock. The most bullish and bearish price target for the stock is $22 and $11 respectively for the short term. The average price target of all the analysts comes to $14.83. The estimated standard deviation from the target is $4.36.
Company shares have received an average consensus rating of Hold for the current week Wabash National Corporation (NYSE:WNC): The stock opened at $13.61 on Thursday but the bulls could not build on the opening and the stock topped out at $13.75 for the day. The stock traded down to $13.33 during the day, due to lack of any buying support eventually closed down at $13.39 with a loss of -1.40% for the day. The stock had closed at $13.58 on the previous day. The total traded volume was 1,048,064 shares.
In a related news, The Securities and Exchange Commission has divulged that Yeagy Brent L, officer (SVP, Group President, CTP) of Wabash National Corp /De, had unloaded 22,987 shares at an average price of $13.95 in a transaction dated on May 24, 2016. The total value of the transaction was worth $320,669.
Wabash National Corporation (Wabash) is engaged in designing, manufacturing and marketing standard and customized truck and tank trailers and related transportation equipment. The Company operates in three segments: Commercial Trailer Products, Diversified Products and Retail. The Commercial Trailer Products segment manufactures standard and customized truck trailers. The Diversified Products segment focuses to expand its customer base, diversify its product offerings, end markets and revenues. The Retail segment includes its 15 Company-owned retail branch locations, which are strategically located in metropolitan areas to provide additional opportunities to distribute its products. The Companys commercial trailer product trademarks include Wabash, DuraPlate, DuraPlateHD, DuraPlate XD-35, FreightPro, ArcticLite, RoadRailer, Transcraft, Eagle, Eagle II, D-Eagle and Benson. Its three trailer drag reduction systems include Ventix DRS, AeroFin and AeroSkirt CX.