With 1.29 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.76 million shares. The 52-week range on WNC shows that it touched its highest point at $30.07 and its lowest point at $11.99 during that stretch. It currently has a 1-year price target of $18.50. With its current market cap of 467.80 million, WNC has annualized dividend of $0.32 while the current yield stands at 2.90%. Beta for the stock currently stands at 1.61.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of WNC was down-trending over the past week, with a drop of -11.13%, but this was down by -29.99% over a month. Three-month performance dropped to -40.62% while six-month performance fell -42.21%. The stock lost -56.43% in the past year, while it has lost -35.67% so far this year. A look at the trailing 12-month EPS for WNC yields -6.53 with Next year EPS estimates of 1.95. For the next quarter, that number is -0.26. This implies an EPS growth rate of -30.68% for this year and 130.33% for next year.
Float and Shares Shorts:
At present, 42.88 million WNC shares are outstanding with a float of 40.76 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for WNC since 3 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 1 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.34355 being high and $1.22321 being low. For WNC, this leads to a yearly average estimate of $1.28338. Based on analyst estimates, the high estimate for the next quarter is $0.16 and the low estimate is $0.14. The average estimate for the next quarter is thus $0.15.