The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Wabash National Corp. (WNC) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.02, or -0.09%, to $21.34. The Wabash National Corp. has recorded 12,788 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Wabash Accelerates E-Commerce Solutions with New Joint Venture with Fernweh Group.
Wabash National Corp. is listed on the NYSE as a member of the Industrials sector and is a part of the Farm & Heavy Construction Machinery industry. At the end of the last regular session, the stock closed at $21.36 and fluctuated between $21.46 as its day high and $20.44 as its day low. The current market capitalization of Wabash National Corp. is $984.48M. A total of 0.61 million shares were traded on the day, compared to an average of 455.72K shares.
Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, WNC has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 24 BUYs and 21 SELLs from insiders. Insiders purchased 466,061 shares during that period but sold 663,541.
In the most recent transaction, Magee Larry J sold 13,000 shares of WNC for 26.15 per share on May 01. After the transaction, the Director now owns 111,874 company shares. In a previous transaction on Mar 08, Smith Dustin T sold 41,327 shares at 27.26 per share. WNC shares that SVP, Chief Strategy Officer owns now total 59,398.
Among the insiders who sold shares, Pettit Michael N disposed of 36,020 shares on Mar 08 at a per-share price of $27.19. This resulted in the SVP and CFO holding 81,474 shares of WNC after the transaction. In another insider transaction, Page Kevin J sold 22,160 shares at $27.15 per share on Mar 08. Company shares held by the SVP, Chief Commercial Officer now total 70,134.
It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Wabash National Corp. pays an annual dividend of $0.32, resulting in a dividend yield of 1.50%, and it has a price to earnings (P/E) ratio of 4.67. WNC’s most recent ex-dividend date was 10/4/2023 when it declared a $0.08 quarterly dividend that was paid in cash on 10/26/2023. Previously, the company paid the dividend on 7/27/2023 with an ex-dividend date of 7/5/2023. The WNC stock dividend was $0.08 per share in cash.
Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for WNC in the last 3 months, the mean price target is $24.67 with high estimates of $30.00 and low estimates of $21.00. In terms of 52-week highs and lows, WNC has a high of $30.10 and a low of $20.09.
As of this writing, WNC has an earnings estimate of $1.02 per share for the current quarter. EPS was calculated based on a consensus of 3 estimates, with a high estimate of $1.1 per share and a lower estimate of $0.97. The company reported an EPS of $1.04 in the last quarter, which was 116.70% higher than expectations of $0.48.
Balance Sheet Annually/Quarterly
A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. WNC’s latest balance sheet shows that the firm has $71.78M in Cash & Short Term Investments as of fiscal 2021. There were $428.37M in debt and $289.32M in liabilities at the time. Its Book Value Per Share was $11.20, while its Total Shareholder’s Equity was $325.54M.
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for WNC is Buy with a score of 3.00.