Wabash National (WNC)

• Market cap: $737M
• 1 day: -0.53%
• 5 days: -8.10%
• 1 month: -7.75%
• 3 months: -12.23%
• 6 months: -18.96%
• Year to date: -32.87%
• 1 year: -34.60%
• 5 years: 16.19%
• 10 years: 41.04%
• Sector: Consumer Discretionary
• Industry: Truck Trailers

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

• Low target: $18 6% upside
• Avg. target: $18 6% upside
• High target: $18 6% upside

1 analyst rating

• positive: 0 0%
• neutral: 1 100%
• negative: 0 0%

DA Davidson Michael Shlisky 39% 1-year accuracy 11 / 28 met price target

6% upside $18

Neutral Maintained

30 Sept 2024