NEW YORK, March 15, 2017 /PRNewswire/ --
Pre-market today, Stock-Callers.com covers the Trucks and Other Vehicles industry with focus on PACCAR Inc. (NASDAQ: PCAR),
Wabash National Corp. (NYSE: WNC), Oshkosh Corp. (NYSE: OSK), and Navistar International Corp. (NYSE: NAV). According to research
company IBISWorld, US trucking sales are expected to surge 2.4% to $186.60 billion this year,
followed by annualized 2.1% growth to $202 billion in 2021. Additionally, truckers' share of
domestic freight tonnage will perk up to nearly 71% by 2024. Register now and get full and free access to our downloadable
research reports on these stocks at:
http://stock-callers.com/registration
PACCAR
On Tuesday, shares in Bellevue, Washington headquartered PACCAR Inc. recorded a trading
volume of 1.16 million shares. The stock ended at $67.35, declining 0.77% from the last trading
session. The Company's shares have gained 0.76% over the previous three months and 5.77% on an YTD basis. The stock is trading
above its 50-day and 200-day moving averages by 0.21% and 13.06%, respectively. Furthermore, shares of PACCAR, which together
with its subsidiaries, designs, manufactures, and distributes light, medium, and heavy-duty commercial trucks worldwide, have a
Relative Strength Index (RSI) of 48.28.
On January 31 st, 2017, PACCAR announced that it achieved Q4 2016 net sales and
financial service revenues of $4.07 billion compared to $4.36 billion
in Q4 2015. PACCAR earned $288.8 million, or $.82 per diluted share,
for Q4 2016 compared to $347.2 million, or $.98 per diluted share, in
Q4 2015. Access our complete research report on PCAR for free at:
http://stock-callers.com/registration/?symbol=PCAR
Wabash National
Lafayette, Indiana headquartered Wabash National Corp.'s stock finished yesterday's session
0.68% lower at $20.55 with a total trading volume of 777,848 shares. The Company's shares have
surged 31.98% over the previous three months and 30.39% on an YTD basis. The stock is trading above its 50-day and 200-day moving
averages by 7.21% and 37.54%, respectively. Furthermore, shares of Wabash National, which operates as a diversified industrial
manufacturer and North America's producer of semi-trailers and liquid transportation systems,
have an RSI of 51.29.
On February 27 th, 2017, Wabash announced that it
has completed an amendment to reprice its senior secured Term Loan Credit Agreement which at current interest rates would be
expected to reduce annual cash interest costs by approximately $1.3 million. As a result of this
amendment, which became effective on February 24 th, 2017, the Company's credit
agreement will be priced at LIBOR plus 275 basis points and no longer subject to a LIBOR floor. The Company has approximately
$189.5 million outstanding on the term loan which matures in 2022. The complimentary research
report on WNC can be downloaded at:
http://stock-callers.com/registration/?symbol=WNC
Oshkosh
At the close of trading on Tuesday, shares in Wisconsin-based Oshkosh Corp. rose 0.13%,
ending the day at $68.62. The stock recorded a trading volume of 721,491 shares. The Company's
shares have advanced 1.37% in the last one month and 6.54% since the start of this year. The stock is trading 0.22% above its
50-day moving average and 17.63% above its 200-day moving average. Moreover, shares of Oshkosh, which designs, manufactures, and
markets specialty vehicles and vehicle bodies worldwide, have an RSI of 49.95.
On March 13 th, 2017, Oshkosh announced that it has
been recognized by the Ethisphere Institute, the global leader in defining and advancing the standards of ethical businesses, as
a 2017 World's Most Ethical Company®. This is the second consecutive year that Oshkosh Corporation has been listed as a World's
Most Ethical Company and this milestone is further highlighted as Oshkosh celebrates its 100
Year Anniversary in 2017. Register for free on Stock-Callers.com and get access to the latest PDF format report on OSK at:
http://stock-callers.com/registration/?symbol=OSK
Navistar
Lisle, Illinois headquartered Navistar International Corp.'s shares ended the day 2.04% lower
at $25.92. A total volume of 828,898 shares was traded, which was above their three months average
volume of 664,680 shares. The stock is trading 19.76% above its 200-day moving average. Additionally, shares of Navistar
International, which manufactures and sells commercial and military trucks, diesel engines, school and commercial buses, and
service parts for trucks and diesel engines worldwide, have an RSI of 42.97.
On March 08 th, 2017, research firm Stifel upgraded the Company's stock rating from
'Sell' to 'Hold', with a target price of $24 per share.
On March 09 th, 2017, Navistar announced that the US Army Contracting Command
recently awarded Navistar Defense, LLC, two foreign military contracts valued at more than $475
million. The first is to produce and support 40 MaxxPro® Dash DXM™ Mine Resistant Ambush Protected (MRAP) vehicles for
Pakistan. The second is to reset, upgrade, and support 1,085 long wheel base MaxxPro® MRAP
Excess Defense Article vehicles for the United Arab Emirates. Download your free research report
on NAV at:
http://stock-callers.com/registration/?symbol=NAV
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