With 0.99 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.82 million shares. The 52-week range on WNC shows that it touched its highest point at $30.07 and its lowest point at $10.74 during that stretch. It currently has a 1-year price target of $18.50. With its current market cap of 449.55 million, WNC has annualized dividend of $0.32 while the current yield stands at 3.02%. Beta for the stock currently stands at 1.51.
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 -8.71%, but this was down by -32.12% over a month. Three-month performance dropped to -46.00% while six-month performance fell -45.02%. The stock lost -61.18% in the past year, while it has lost -38.18% 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.
Summary of Insider Activity:
Insiders traded WNC stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.
