Wabash NationalWNC
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 Q3 regulatory filings by fund managers ($100M+ AUM)
100% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 2 (+1) [Q3]
7% less funds holding
Funds holding: 245 [Q2] → 228 (-17) [Q3]
9.15% less ownership
Funds ownership: 109.95% [Q2] → 100.8% (-9.15%) [Q3]
16% less repeat investments, than reductions
Existing positions increased: 74 | Existing positions reduced: 88
19% less capital invested
Capital invested by funds: $1.08B [Q2] → $872M (-$208M) [Q3]
34% less first-time investments, than exits
New positions opened: 33 | Existing positions closed: 50
67% less call options, than puts
Call options by funds: $312K | Put options by funds: $940K
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
DA Davidson Michael Shlisky 39% 1-year accuracy 11 / 28 met price target | 6%upside $18 | Neutral Maintained | 30 Sept 2024 |
Financial journalist opinion
Based on 3 articles about WNC published over the past 30 days
