Wabash National Corp (WNC)
NYSE:WNC
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WNC Stock Chart & Stats
$9.60
-$0.02(-0.12%)
At close: 4:00 PM EST
$9.60
-$0.02(-0.12%)
Day’s Range― - ―
52-Week Range$7.10 - $12.94
Previous CloseN/A
Volume86.29K
Average Volume (3M)619.82K
Market Cap
$303.83M
Enterprise Value$791.36M
Total Cash (Recent Filing)$43.43M
Total Debt (Recent Filing)$530.95M
Price to Earnings (P/E)―
Beta0.77
Next Earnings
Jul 29, 2026EPS Estimate
-0.5Next Dividend Ex-DateN/A
Dividend Yield3.59%
Share Statistics
EPS (TTM)-1.59
Shares Outstanding40,673,965
10 Day Avg. Volume850,402
30 Day Avg. Volume619,820
Financial Highlights & Ratios
PEG Ratio>-0.01
Price to Book (P/B)0.98
Price to Sales (P/S)0.23
P/FCF Ratio-27.53
Enterprise Value/Market Cap2.60
Enterprise Value/Revenue0.54
Enterprise Value/Gross Profit31.06
Enterprise Value/Ebitda-153.07
Forecast
1Y Price Target
$8.50Price Target Upside-11.46% Downside
Rating ConsensusHold
Number of Analyst Covering1
EPS Forecast (FY)-1.46
Revenue Forecast (FY)$1.53B
Bulls Say, Bears Say
Bulls Say
Backlog & Improving DemandA 19% sequential backlog increase to $837M indicates durable near‑term revenue visibility and stronger customer engagement. Coupled with improving ATA tonnage and Logistics Managers Index signals, this backlog can smooth revenue volatility, supporting production planning and steadier cash conversion over months.
Expanded Dry‑van CapacityAdding about 10,000 incremental dry‑van units enhances the firm's ability to scale supply into an upcycle without large incremental fixed hiring. That flexibility should bolster gross margin leverage as volumes recover and reduce per‑unit overhead, improving long‑run profitability resilience.
Upfit & Parts Margin ExpansionTargeted upfit sites and expanded Parts & Services drive higher‑margin, proximity‑based revenue with recurring aftermarket potential. At $10–20M per site and ~20% gross margins, these initiatives diversify revenue away from cyclical new‑unit sales and improve long‑term cash generation and customer lock‑in.
Bears Say
Elevated LeverageDebt exceeding equity increases refinancing and covenant risk if profitability doesn't normalize. Higher leverage reduces financial flexibility to invest or weather further volume downturns, making the company more sensitive to interest costs and external financing conditions over the medium term.
Negative Operating Cash FlowSustained negative operating and free cash flow strains liquidity and heightens reliance on borrowing or asset sales. Even with prior strong cash generation in 2022–24, the current cash deficit forces management to prioritize working capital and financing decisions, limiting strategic investments until cash flow turns positive.
Profitability Deterioration & Segment LossesA swing to large negative margins and sizable trailer segment losses reveals structural sensitivity to volume and production inefficiencies. This volatility suggests margins are not yet sustainable, raising execution risk that cost fixes and scale will take multiple quarters to restore consistent profitability.
Wabash National News
WNC FAQ
What was Wabash National Corp’s price range in the past 12 months?
Wabash National Corp lowest stock price was $7.10 and its highest was $12.94 in the past 12 months.
What is Wabash National Corp’s market cap?
Wabash National Corp’s market cap is $303.83M.
When is Wabash National Corp’s upcoming earnings report date?
Wabash National Corp’s upcoming earnings report date is Jul 29, 2026 which is in 79 days.
How were Wabash National Corp’s earnings last quarter?
Wabash National Corp released its earnings results on May 01, 2026. The company reported -$1.17 earnings per share for the quarter, missing the consensus estimate of -$1.009 by -$0.161.
Is Wabash National Corp overvalued?
According to Wall Street analysts Wabash National Corp’s price is currently Overvalued.
Does Wabash National Corp pay dividends?
Wabash National Corp pays a Quarterly dividend of $0.08 which represents an annual dividend yield of 3.59%. See more information on Wabash National Corp dividends here
What is Wabash National Corp’s EPS estimate?
Wabash National Corp’s EPS estimate is -0.5.
How many shares outstanding does Wabash National Corp have?
Wabash National Corp has 40,673,965 shares outstanding.
What happened to Wabash National Corp’s price movement after its last earnings report?
Wabash National Corp reported an EPS of -$1.17 in its last earnings report, missing expectations of -$1.009. Following the earnings report the stock price went down -11.623%.
Which hedge fund is a major shareholder of Wabash National Corp?
Currently, no hedge funds are holding shares in WNC
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Wabash National Stock Smart Score
Underperform
1
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9
10
Analyst Consensus
Hold
Average Price Target:
$8.50 (-11.46% Downside)
$8.50 (-11.46% Downside)
Blogger Sentiment
Bearish
WNC Sentiment 100%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 791.7K Shares
Last Quarter.
Last Quarter.
Technicals
SMA
Negative
20 days / 200 days
Momentum
-45.63%
12-Months-Change
Fundamentals
Return on Equity
-17.32%
Trailing 12-Months
Asset Growth
-13.15%
Trailing 12-Months
Company Description
Wabash National Corp
Wabash National Corporation designs, manufactures, and distributes engineered solutions for the transportation, logistics, and distribution industries primarily in the United States. The company operates through two segments, Transportation Solutions and Parts & Services. The Transportation Solutions segment provides dry van and platform trailers; refrigerated trailers; converter dollies; van bodies for dry-freight transportation; cutaway van bodies for commercial applications; service bodies; insulated van bodies; stake bodies; refrigerated truck bodies; and used trailers, as well as laminated hardwood oak flooring products. This segment also offers stainless steel and aluminum tank trailers for the dairy, food and beverage, oil, gas, and chemical end markets; dry bulk trailers; and fiberglass reinforced poly tank trailers. The Parts & Services segment provides aftermarket parts and services; aluminum and steel flatbed bodies, shelving for package delivery, partitions, roof racks, hitches, liftgates, and thermal solutions; and door repair and replacement, collision repair, and basic maintenance services. This segment also offers stainless steel storage tanks and silos, mixers, and processors for the dairy, food and beverage, pharmaceutical, chemical, craft brewing, and biotech end markets; and composite products, including truck bodies, overhead doors, and other industrial application products. The company offers its products under the Wabash, DuraPlate, DuraPlateHD, DuraPlate AeroSkirt, and AeroSkirt CX brands, as well as EcoNex brand. It distributes its products directly, as well as through its retail operations and independent dealers to truckload common carriers, leasing companies, private fleet carriers, less-than-truckload common carriers, and package carriers. The company was founded in 1985 and is headquartered in Lafayette, Indiana.
WNC Company Deck
WNC Earnings Call
Q1 2026
0:00 / 0:00
Earnings Call Sentiment|Neutral
The call balanced significant near-term financial and operational challenges (Q1 losses, negative margins, negative cash flow, soft truck body demand) against several constructive developments: a 19% sequential backlog increase, improving freight indicators, operational and safety improvements, digital initiatives (SPECT SYNC), expanded dry van capacity (~10k incremental trailers), and targeted upfit expansion with meaningful margin potential. Management reiterated that Q1 was the low point and guided to sequential improvement, including expected positive adjusted EBITDA for 2026. Given the mix of meaningful positive indicators and ongoing material near-term weakness, the tone is cautiously optimistic but the company remains in recovery mode.View all WNC earnings summariesWNC Sales Breakdown
92.20% Transportation Solutions
8.71% Parts & Services
WNC Stock 12 Month Forecast
Average Price Target
$8.50
▼(-11.46% Downside)
Technical Analysis
Columbus Mckinnon
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Gencor
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Manitowoc Company
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Titan International
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Hyster-Yale Materials Handling
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Ownership Overview
4.86% Insiders
26.44% Mutual Funds
3.31% Other Institutional Investors
34.79% Public Companies and
Individual Investors