Wabash National Corporation specializes in the design and production of dry freight vans, refrigerated vans, platform trailers, bulk tank trailers, intermodal equipment, engineered products, and composite products. The company was founded in 1985 and is based in Lafayette, Indiana.
WNC Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for WNC, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that WABASH NATIONAL Corp ranked in the 29th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. In terms of the factors that were most noteworthy in this DCF analysis for WNC, they are:
In the past 5.42 years, WABASH NATIONAL Corp has a compound free cash flow growth rate of 0.01%; that's better than merely 22.29% of cash flow producing equities in the Industrials sector, where it is classified.
WABASH NATIONAL Corp's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than merely 0% of US stocks with positive free cash flow.
WABASH NATIONAL Corp's interest coverage rate -- a measure of gross earnings relative to interest payments -- comes in at -1.27. This coverage rate is greater than that of merely 19.49% of stocks we're observing for the purpose of forecasting via discounted cash flows.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Industrials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as WNC, try CMI, CP, EMR, GTES, and NDSN.
Wabash National Corporation (WNC) to close its $150M new Term Loan due September 2027 at Libor plus 325 bps inclusive of a Libor floor of 75 bps, bearing no restrictive financial covenants.The proceeds of the new loan will be used to pay off existing $135M Term Loan due March 2022....
The Daily Dash is a quick look at what is happening in the freight ecosystem. In today's edition, several large carriers and suppliers are among those that have reported earnings in the past 24 to 36 hours, with a mixed bag of results. The companies include Saia, Inc. (NASDAQ: SAIA ), ArcBest Corporation ( NASDAQ:ARCB), Ryder System, Inc. (NYSE: R ), Wabash National Corporation (NYSE: WNC ), U.S. Xpress Enterprises, Inc. (NYSE: USX ) and C.H. Robinson Worldwide, Inc. (NASDAQ: CHRW ). Plus, how hackable are ELDs and why is diesel engine maker Cummins so interested in hydrogen? A risk worth taking? The introduction of electronic logging devices (ELDs) brought a new worry to fleets and truck drivers — hacking. The connected devices, it was said, could provide access to hackers. Now, the FB...
Wabash National Corporation (WNC) Q2 2020 Results Earnings Conference Call July 29, 2020, 10:00 AM ET Company Participants Ryan Reed - Director, Investor Relations Brent Yeagy - President and Chief Executive Officer Mike Pettit - Senior Vice President and Chief Financial Officer Conference Call Participants Justin Long - Stephens Ryan...
Technavio has been monitoring the flatbed semi-trailer market and it is poised to grow by 25.74 K units during 2019-2023. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200722005657/en/ Technavio has announced its latest market research report titled Global Flatbed Semi-Trailer Market 2019-2023 (Graphic: Business Wire) Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report of 2020-2024 The market is fragmented, and the degree of fragmentation will decelerate during the forecast per...
Wabash National Corporation (WNC) today announced that it will webcast its quarterly earnings conference call to review and discuss its financial results for the second quarter 2020 on Wednesday, July 29, 2020 beginning at 10:00 a.m. EST. The call and an accompanying slide presentation will be accessible on the "Investors" section of Wabash National’s website, www.wabashnational.com, under the subheading "Events". Access to the replay will be available on the "Investors" section of Wabash National’s website under the subheading "Events".