Wabash NationalWNC
Market Cap: $840M
About: 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.
Employees: 6,700
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
133% more call options, than puts
Call options by funds: $1.64M | Put options by funds: $703K
22% more repeat investments, than reductions
Existing positions increased: 93 | Existing positions reduced: 76
14% more first-time investments, than exits
New positions opened: 40 | Existing positions closed: 35
2% more funds holding
Funds holding: 238 [Q1] → 243 (+5) [Q2]
1.59% less ownership
Funds ownership: 110.0% [Q1] → 108.41% (-1.59%) [Q2]
28% less capital invested
Capital invested by funds: $1.48B [Q1] → $1.07B (-$415M) [Q2]
50% less funds holding in top 10
Funds holding in top 10: 2 [Q1] → 1 (-1) [Q2]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
DA Davidson Michael Shlisky 26% 1-year accuracy 6 / 23 met price target | 23%upside $23 | Neutral Reiterated | 24 Jun 2024 |
DA Davidson Michael Shlisky 26% 1-year accuracy 6 / 23 met price target | 23%upside $23 | Neutral Maintained | 14 Jun 2024 |
Financial journalist opinion
Based on 4 articles about WNC published over the past 30 days