Wnc stock price action this week reflects solid

WNC stock price action this week reflects solid fundamentals, with earnings per share beating estimates by 10%. Fleet replacement cycles and infrastructure expansion continue to offer growth catalysts for the company. Good news, investors! Wabash National is still a bargain right now. Our valuation model shows that the intrinsic value for the stock is $38.70, which is above what the market is valuing the company at the moment. This indicates a potential opportunity to buy low. What’s more interesting is that, Wabash National’s share price is quite volatile, which gives us more chances to buy since the share price could sink lower (or rise higher) in the future. This is based on its high beta, which is a good indicator for how much the stock moves relative to the rest of the market. The stock is down 1.4% since reporting and currently trades at $86.79. WNC stock price technical analysis shows strong accumulation patterns on the volume profile, hinting at institutional support ahead of Q2 earnings.