Alert: Negative Fundamental Signals (8/27/24)-Wabash National Corp (NYSE: WNC)

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Wabash National Corp (NYSE: WNC). Extremely significant negative changes in fundamentals have recently occurred: significant quarterly sales deceleration occurred, significant quarterly earnings deceleration occurred, the consensus estimate for December, 2025 decreased significantly, and the consensus estimate for December, 2024 decreased significantly.

In light of these highly negative signals we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be above the cost of capital, WNC is expected to continue to be a Value Builder.

Wabash National has a current Value Trend Rating of D (Negative). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. Wabash National has a good Appreciation Score of 74 but a very low Power Rating of 3, producing the Negative Value Trend Rating.

Recent Price Action

Wabash National Corp (NYSE: WNC) stock closed at $19.21 on 8/27/24 after a modest decline of -1.8%. However, exceptionally low trading volume at 30% of normal accompanied the decline. The stock has declined -2.9% during the last week and has been weak relative to the market over the last nine months.

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