
Wabash National (WNC) Stock Forecast & Price Target
Wabash National (WNC) Analyst Ratings
Bulls say
Wabash National Corp is positioned favorably within the transportation and logistics industry as evidenced by a general production increase of 7% year-over-year, with notable growth in the key segment of dry freight trailers, which saw an 8% rise in shipments year-over-year in October. Additionally, the company's reefer trailer orders experienced a modest increase of 1% in November, contributing to a solid demand environment across various trailer categories. The sustained upward trend in industry trailer orders, coupled with a year-over-year shipment increase of 6% in October, underscores a robust market outlook for Wabash National and its product offerings.
Bears say
Wabash National Corp is currently facing a significant decline in order volume, with a 37% year-over-year decrease and a concerning 24% month-over-month drop, undermining expectations during a seasonally typical rise. The company's backlog in key product categories, such as dry vans and reefer trailers, shows a stark reduction of 19% and 36% year-over-year, respectively, indicating weakened demand in essential segments. Additionally, potential cost pressures from elevated component expenses, labor costs, and operational disruptions could further compound challenges, suggesting a negative trajectory for overall financial performance and investor sentiment.
This aggregate rating is based on analysts' research of Wabash National and is not a guaranteed prediction by Public.com or investment advice.
Wabash National (WNC) Analyst Forecast & Price Prediction
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