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Wabash National Corp. Message Board

  • grs44 grs44 Nov 21, 2012 10:07 AM Flag

    WNC on Fire this Morning (11/21/12)

    Finally, it seems like analysts are catching up to the reality of strong orders, strong margins, solid backlog, and good earnings growth, and not throwing WNC into the "Transport Pool". Up over 10% on strong volume this morning. This in from FBR Capital:

    "FBR Capital says ACT Research's October 2012 Trailer Flash Report last night was stronger than expected, as total van net orders improved 55% year-over-year. The firm strongly reiterates an Outperform rating on Wabash with a $12 price target."

    Their target of $12 lines up nicely...

    Sentiment: Strong Buy

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    • Great find GRS thank you! Any objective look at WNC's recent earnings, margin expansion and order backlog would indicate what FBR is saying ... that WNC shares are significantly undervalued and we're at the beginning, likely, of a multi-year major replacement cycle for truck trailers.

      Nice to see this equity getting a little attention for once!

      Cheers to you and fellow Longs,

      Sentiment: Strong Buy

14.18-0.07(-0.49%)1:06 PMEDT