Wabash National Corporation
WNC
pitch
long
unknown
Thesis
Wabash National Corporation is positioned for profitability improvement as it raises prices and sees returning customers. The company is expected to expand its margins in the Commercial Truck segment and benefit from lower aluminum prices. The stock is undervalued based on future trailer order volumes, with a projected EPS of $2.50 in 2017 and a price target of $14.50.
Did it work?
failed
confidence: high
The stock price has decreased by 12.7% since the pitch, which contradicts the long thesis that anticipated profitability improvement and margin expansion. Additionally, the projected EPS of $2.50 and price target of $14.50 were not achieved, indicating that the company's performance did not meet the expectations set in the thesis.
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