Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Wabash National Corporation before investing.

In this article, we go over a few key elements for understanding Wabash National Corporation’s stock price such as:

• Wabash National Corporation’s current stock price and volume
• Why Wabash National Corporation’s stock price changed recently
• Upgrades and downgrades for WNC from analysts
• WNC’s stock price momentum as measured by its relative strength

About Wabash National Corporation (WNC)

Before we jump into Wabash National Corporation’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Wabash National Corporation provides connected solutions for the transportation, logistics and distribution industries. The Company designs and manufactures products including dry freight and refrigerated trailers, platform trailers, tank trailers, dry and refrigerated truck bodies, structural composite panels and products, transportation, logistics, and distribution industry parts and services, and specialty food grade processing equipment. The Company’s Transportation Solutions (TS) segment comprises the design and manufacturing operations for the Company’s transportation-related equipment and products. This includes dry and refrigerated van trailers, platform trailers, tank trailers and truck-mounted tanks, truck-mounted dry and refrigerated truck bodies and EcoNex technology products. Its Parts & Services (P&S;) segment is comprised of the Company’s parts and services businesses as well as the upfitting component of truck bodies business. It also includes DuraPlate composite panels.

Want to learn more about Wabash National Corporation’s stock? Click the button below to subscribe to A+ Investor and get access to everything you need to know about Wabash National Corporation.

Wabash National Corporation’s Stock Price as of Market Close

As of August 20, 2024, 4:00 PM, CST, Wabash National Corporation’s stock price was $18.56.

Wabash National Corporation is down 6.17% from its previous closing price of $19.78.

During the last market session, Wabash National Corporation’s stock traded between $19.57 and $19.81. Currently, there are 44.90 million shares of Wabash National Corporation stock available for purchase.

Wabash National Corporation’s price-earnings (P/E) ratio is currently at 6.1, which is low compared to the Heavy Machinery & Vehicles industry median of 14.1. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Wabash National Corporation Stock Price History

Wabash National Corporation’s (WNC) price is currently down 13.63% so far this month.

During the month of August, Wabash National Corporation’s stock price has reached a high of $21.71 and a low of $18.54.

Over the last year, Wabash National Corporation has hit prices as high as $30.07 and as low as $18.59. Year to date, Wabash National Corporation’s stock is down 17.88%.

Sign Up to Receive a Free Special Report Showing How A+ Grades Can Help You Make Smarter Investment Decisions

What Caused Wabash National Corporation Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of August 19, 2024, there were 2 analysts who downgraded Wabash National Corporation’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate Wabash National Corporation’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Wabash National Corporation’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Wabash National Corporation’s current valuation based on AAII’s Value Grade is a A, which means it is considered to be Deep Value.

Learn how to evaluate stocks with AAII Grades and Scores with A+ Investor today.

Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Wabash National Corporation (WNC) by visiting AAII Stock Evaluator.

Relative Price Strength of Wabash National Corporation

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of August 19, 2024, Wabash National Corporation has a weighted four-quarter relative price strength of -9.71%, which translates to a Momentum Score of 34 and is considered to be Weak.

Want to learn more about how Wabash National Corporation is graded based on AAII’s composite scores for value, growth, quality and earnings estimate revisions? Subscribe to A+ Investor today.

Wabash National Corporation Stock Price: Bottom Line

As of August 20, 2024, Wabash National Corporation’s stock price is $18.56, which is down 6.17% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Wabash National Corporation stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.