Michael Pettit - Wabash National President

WNC Stock  USD 20.08  0.77  3.99%   

President

Mr. Michael N. Pettit is Group President Final Mile Products and Senior Vice President of the Company effective January 1, 2018 since 2020.
Age 49
Tenure 4 years
Address 3900 McCarty Lane, Lafayette, IN, United States, 47905
Phone765 771 5310
Webhttps://onewabash.com
Pettit has served as Vice President of Finance and Investor Relations since 2014, concurrently serving as the integration leader for Supreme since August 2017. He joined Wabash National in 2012 as Director of Finance for Commercial Trailer Products. Prior to Wabash National, from 1998 to 2012, Mr. Pettit held various finance positions with increasing responsibility at Ford Motor Company. In his new role he reports to President and Chief Operating Officer Brent Yeagy.

Wabash National Management Efficiency

The company has Return on Asset of (0.1295) % which means that on every $100 spent on assets, it lost $0.1295. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.6438) %, meaning that it generated no profit with money invested by stockholders. Wabash National's management efficiency ratios could be used to measure how well Wabash National manages its routine affairs as well as how well it operates its assets and liabilities. The current year's Return On Tangible Assets is expected to grow to 0.22. The current year's Return On Capital Employed is expected to grow to 0.32. At present, Wabash National's Intangible Assets are projected to increase significantly based on the last few years of reporting. The current year's Other Assets is expected to grow to about 62.9 M, whereas Total Assets are forecasted to decline to about 738 M.
Wabash National has 405.51 M in debt with debt to equity (D/E) ratio of 1.23, which is OK given its current industry classification. Wabash National has a current ratio of 1.67, which is typical for the industry and considered as normal. Note however, debt could still be an excellent tool for Wabash to invest in growth at high rates of return.

Similar Executives

Showing other executives

PRESIDENT Age

James JohnsonOshkosh
59
Stephen BoettingerRev Group
55
Tina SchonerOshkosh
52
Gopichand SomayajulaHyster Yale Materials Handling
67
Eric TalmadgeLindsay
55
Robert SimsOshkosh
56
Joshua GrossTerex
37
Patrick DavidsonOshkosh
N/A
Anthony SalgadoHyster Yale Materials Handling
53
Thomas DoerrManitowoc
45
Michael HabermanAlamo Group
65
Janet PollockAlamo Group
65
Mario LaraColumbus McKinnon
51
Harry SandsHyster Yale Materials Handling
67
Jeffery LeonardAlamo Group
64
Suzanne TaylorHyster Yale Materials Handling
61
Anupam KhareOshkosh
60
Kenneth SchillingHyster Yale Materials Handling
64
Randy WoodLindsay
52
Jennifer LangerHyster Yale Materials Handling
50
Terrence SchadebergColumbus McKinnon
60
Wabash National Corporation designs, manufactures, and distributes engineered solutions for the transportation, logistics, and distribution industries primarily in the United States. The company was founded in 1985 and is headquartered in Lafayette, Indiana. Wabash National operates under Farm Heavy Construction Machinery classification in the United States and is traded on New York Stock Exchange. It employs 6200 people. Wabash National (WNC) is traded on New York Stock Exchange in USA. It is located in 3900 McCarty Lane, Lafayette, IN, United States, 47905 and employs 6,700 people. Wabash National is listed under Construction Machinery & Heavy Transportation Equipment category by Fama And French industry classification.

Management Performance

Wabash National Leadership Team

Elected by the shareholders, the Wabash National's board of directors comprises two types of representatives: Wabash National inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Wabash. The board's role is to monitor Wabash National's management team and ensure that shareholders' interests are well served. Wabash National's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Wabash National's outside directors are responsible for providing unbiased perspectives on the board's policies.
Dustin Smith, Senior Vice President and Group President - Commercial Trailer Products
John Kunz, Independent Director
Mary Glazner, Chief VP
Larry Magee, Independent Chairman of the Board
John Boss, Independent Director
Michael Pettit, Senior Vice President – Group President of Final Mile Products
Ryan Reed, Director - Corporate Development & Investor Relations
Brent Yeagy, President, Chief Executive Officer, Chief Operating Officer, Director
Don Hurtt, Treasurer Tax
Scott Sorensen, Independent Director
Dana Stelsel, Director Communications
Therese Bassett, Independent Director
Donald Winston, Senior Operations
Kevin Page, Senior Vice President and Group President - Diversified Products
Stuart Taylor, Independent Director
M Glazner, Chief Human Resource Officer, Senior Vice President, General Counsel, Corporate Secretary
Ann Murtlow, Independent Director
Mary JD, Chief VP
Drew Schwartzhoff, Senior Marketing

Wabash Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Wabash National a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Wabash National offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Wabash National's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Wabash National Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Wabash National Stock:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Wabash National. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
For information on how to trade Wabash Stock refer to our How to Trade Wabash Stock guide.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
Is Construction Machinery & Heavy Transportation Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Wabash National. If investors know Wabash will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Wabash National listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.58)
Dividend Share
0.32
Earnings Share
(5.26)
Revenue Per Share
47.238
Quarterly Revenue Growth
(0.27)
The market value of Wabash National is measured differently than its book value, which is the value of Wabash that is recorded on the company's balance sheet. Investors also form their own opinion of Wabash National's value that differs from its market value or its book value, called intrinsic value, which is Wabash National's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Wabash National's market value can be influenced by many factors that don't directly affect Wabash National's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Wabash National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Wabash National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Wabash National's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.