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$6.63 - $14.32
Previous CloseN/A
Volume86.29K
Average Volume (3M)619.82K
Market Cap
$571.47M
Enterprise Value$926.80M
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
-0.44Next 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 Cap1.62
Enterprise Value/Revenue0.63
Enterprise Value/Gross Profit36.37
Enterprise Value/Ebitda-291.36
Forecast
1Y Price Target
$20.00Price Target Upside108.33% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
EPS Forecast (FY)-1.7
Revenue Forecast (FY)$1.57B
Bulls Say, Bears Say
Bulls Say
Backlog & Demand SignalsA 19% sequential backlog increase provides multi-month revenue visibility and indicates recovering end-market demand. Durable backlog supports production planning, reduces near-term volume risk, and helps stabilize revenue and utilization as freight indicators and customer engagement improve.
Incremental Production Capacity (Lafayette South)Adding ~10k trailers of capacity creates structural manufacturing readiness to capture upcycle demand without major new fixed-cost builds. Flex capacity and muted early hiring needs enable efficient scale-up, improving potential unit margin leverage and market share capture over the next 2–6 months.
Upfit Expansion With Higher Margin PotentialOpening upfit sites near customers diversifies revenue beyond new-unit cycles into higher-margin, localized services. Each site can generate durable, repeatable revenue and improve win rates, supporting margin expansion and recurring aftermarket cash flow as fleet maintenance and customization demand persists.
Bears Say
Elevated LeverageSignificantly higher leverage reduces financial flexibility and raises refinancing and covenant risk if profitability doesn't normalize. With equity down from 2023 levels, balance-sheet resilience is impaired, constraining investment and increasing sensitivity to cyclical downturns over the medium term.
Negative Operating And Free Cash FlowSustained negative OCF and FCF consume liquidity and force tighter capital allocation or external funding. Even with $165M liquidity, continued cash burn through operating cycles pressures borrowing lines and may limit capital for margin-improving projects or require dilutive financing if recovery stalls.
Profitability Deterioration And Segment LossesRapid swing from prior profitable periods to negative margins and sizable segment losses signals structural demand, pricing, or efficiency issues. Volatile profitability undermines sustainable cash generation and makes planning for capex, dividends, or deleveraging more uncertain until margins consistently recover.
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 $6.63 and its highest was $14.32 in the past 12 months.
What is Wabash National Corp’s market cap?
Wabash National Corp’s market cap is $571.47M.
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 32 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 Undervalued.
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 -0.44.
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
Neutral
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$20.00 (108.33% Upside)
$20.00 (108.33% Upside)
Blogger Sentiment
Bearish
WNC Sentiment 100%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 747.0K Shares
Last Quarter.
Last Quarter.
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
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 (WNC) specializes in the engineering, manufacturing, and supply of diverse solutions for the transportation, logistics, and distribution industries, primarily serving the United States market. The company operates through two distinct divisions: Transportation Solutions and Parts & Services. The Transportation Solutions segment delivers a wide array of products, including various trailer types such such as dry van, platform, and refrigerated models, along with converter dollies. This division also produces an assortment of truck bodies for applications like dry-freight, commercial cutaway, service, insulated, stake, and refrigerated hauling, in addition to offering used trailers and laminated hardwood oak flooring. Moreover, it fabricates specialized tank trailers from stainless steel, aluminum, and fiberglass-reinforced polymer, designed for transporting dairy products, food, beverages, oil, gas, chemicals, and dry bulk goods. The Parts & Services segment concentrates on aftermarket support, providing components and services such as door repair, collision repair, and routine maintenance. This division also supplies aluminum and steel flatbed bodies, shelving systems for package delivery, internal partitions, roof racks, hitches, liftgates, and thermal control solutions. Furthermore, it produces stainless steel storage tanks, silos, mixers, and processors for the dairy, food and beverage, pharmaceutical, chemical, craft brewing, and biotechnology sectors, alongside composite products like truck bodies and overhead doors for various industrial applications. Wabash National markets its offerings under prominent brands including Wabash, DuraPlate, DuraPlateHD, DuraPlate AeroSkirt, AeroSkirt CX, and EcoNex. Its products are distributed directly, through company-owned retail operations, and via an independent dealer network, serving customers such as truckload and less-than-truckload common carriers, leasing companies, private fleet operators, and package carriers. Founded in 1985, the corporation's headquarters are located 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
$20.00
▲(108.33% Upside)
Technical Analysis
Columbus Mckinnon
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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
5.31% Insiders
26.12% Mutual Funds
14.81% Other Institutional Investors
23.43% Public Companies and
Individual Investors