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Wabash National seeing promise fulfilled in final-mile body business


Wabash National seeing promise fulfilled in final-mile body business
Customers for vans and reefers now asking about its smaller delivery vehicles
2 minutes read
Wabash National is finally realizing the potential of its Final Mile Product line, built on the 2017 acquisition of Supreme body builders. (Photo: Wabash National)
The waiting to see its investment in final-mile products pay off may finally be happening for Wabash National (NYSE: WNC).
The trailer maker that books most of its revenue from dry vans and refrigerated trailers saw great potential for last-mile delivery in 2017 when it paid $364 million for Supreme, the second-largest bodybuilder behind Morgan-Olson, the leading producer of aluminum walk-in vans.  ....

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Wabash National (WNC) Receives a Buy from Raymond James


Markets
Raymond James analyst Felix Boeschen maintained a Buy rating on Wabash National (WNC – Research Report) today and set a price target of $21.00. The company’s shares closed last Tuesday at $18.18.
According to TipRanks.com, Boeschen is a 4-star analyst with an average return of 25.8% and a 81.5% success rate. Boeschen covers the Industrial Goods sector, focusing on stocks such as Allison Transmission Holdings, Federal Signal, and Shyft Group.
Currently, the analyst consensus on Wabash National is a Moderate Buy with an average price target of $23.00.
Wabash National’s market cap is currently $943.2M and has a P/E ratio of -10.10. The company has a Price to Book ratio of 25.07. ....

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Wabash National Corp (WNC) Q4 2020 Earnings Call Transcript


Operator
Ladies and gentlemen, thank you for standing by and welcome to today s Wabash National Corporation Q4 2020 Earnings Call. [Operator Instructions]
I would now like to turn the conference over today to Ryan Reed, Director of Investor Relations. Please go ahead.
Ryan Reed
Director, Corporate Development & Investor Relations
Thank you, Michelle. Good morning, everyone. Thanks for joining us on this call. With me today are Brent Yeagy, President and Chief Executive Officer and Mike Pettit, Chief Financial Officer.
Couple of items before we get started. First, please note that this call is being recorded. I d also like to point out that our earnings release, the slide presentation supplementing today s call and any non-GAAP reconciliations are all available at our refreshed Investor site, ir.wabashnational.com. ....

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