Wabash National Corp. (NYSE:WNC)’s share price was down 2.4% on Friday . The company traded as low as $14.01 and last traded at $14.02, with a volume of 826,870 shares traded. The stock had previously closed at $14.37.

A number of equities analysts have recently weighed in on WNC shares. Zacks Investment Research raised Wabash National Corp. from a “hold” rating to a “buy” rating and set a $15.00 price objective for the company in a research note on Wednesday, August 3rd. Stifel Nicolaus lowered Wabash National Corp. from a “hold” rating to a “sell” rating and set a $11.00 price objective for the company. in a research note on Monday, June 13th. One research analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $13.20.

The stock has a market cap of $896.77 million and a P/E ratio of 7.35. The company has a 50 day moving average price of $13.60 and a 200-day moving average price of $13.14.

Wabash National Corp. (NYSE:WNC) last issued its earnings results on Tuesday, July 26th. The company reported $0.55 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.47 by $0.08. The firm earned $471.44 million during the quarter, compared to analysts’ expectations of $490.19 million. The business’s revenue was down 8.4% on a year-over-year basis. During the same quarter last year, the business earned $0.33 EPS. Analysts anticipate that Wabash National Corp. will post $1.86 EPS for the current fiscal year.

In related news, SVP Erin Jennifer Roth sold 18,150 shares of the firm’s stock in a transaction on Monday, August 8th. The stock was sold at an average price of $14.25, for a total value of $258,637.50. Following the completion of the transaction, the senior vice president now owns 87,270 shares in the company, valued at approximately $1,243,597.50. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

An institutional investor recently raised its position in Wabash National Corp. stock. California Public Employees Retirement System increased its position in shares of Wabash National Corp. (NYSE:WNC) by 2.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 259,900 shares of the company’s stock after buying an additional 6,200 shares during the period. California Public Employees Retirement System owned 0.39% of Wabash National Corp. worth $3,075,000 as of its most recent filing with the SEC.

Wabash National Corporation is engaged in designing, manufacturing and marketing standard and customized truck and tank trailers, intermodal equipment and transportation related products. The Company’s segments include Commercial Trailer Products, Diversified Products, Retail, and Corporate and Eliminations.

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