WNC Stock Summary and Trading Ideas (Wabash National | NYSE:WNC)

Wabash National Corp operates as the innovation leader of connected solutions for the transportation, logistics, and distribution industries. The company's mission is to enable customers to succeed with breakthrough ideas and solutions that help them move everything from the first to the final mile. It designs and manufactures a diverse variety of products, including dry freight and refrigerated trailers, platform trailers, tank trailers, dry and refrigerated truck bodies, structural composite panels and products, trailer aerodynamic solutions, and specialty food-grade processing equipment.

Wabash National trades on the NYSE stock market under the symbol WNC.

As of April 23, 2024, WNC stock price declined to $25.75 with 916,068 million shares trading.

WNC has a beta of 1.09, meaning it tends to be more sensitive to market movements. WNC has a correlation of 0.13 to the broad based SPY ETF.

WNC has a market cap of $1.16 billion. This is considered a Small Cap stock.

Last quarter Wabash National reported $596 million in Revenue and $1.07 earnings per share. This fell short of revenue expectation by $-38 million and exceeded earnings estimates by $.16.

In the last 3 years, WNC stock traded as high as $30.10 and as low as $12.23.

The top ETF exchange traded funds that WNC belongs to (by Net Assets): IJR, CALF, VTI, VB, IWM.

WNC has underperformed the market in the last year with a price return of +15.6% while the SPY ETF gained +24.3%. WNC has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +2.0% and -11.7%, respectively, while the SPY returned +4.9% and -2.5%, respectively.

WNC support price is $25.21 and resistance is $26.43 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that WNC stock will trade within this expected range on the day.