The stock of Werner Enterprises Inc. (NASDAQ:WERN) increased by $0.41 on Friday to finish at $45.44, up 0.91 percent. The last five days have seen an average of 441,000 shares of common stock traded. 13 times new highs were reached in the current year, with a gain of $5.18. The average number of shares traded over the last 20 days was 652,785, while the average volume over the last 50 days totaled 630,670.
WERN stock appreciated 4.63% since last month. On 07/17/23, the company’s shares reached a one-month low of $42.45. The stock touched a high of $50.31 on 02/02/23, after rallying from a low of $35.84 in 52 weeks. The price of WERN stock has risen by 12.87% or $5.18 this year, reaching a new high 13 times. Still, the stock price is down -9.68% from the 52-week high.
Valuation Metrics
Werner Enterprises Inc. (WERN) has a trailing price-to-earnings (P/E) ratio of 16.07. Beta for the stock is 0.82. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 0.86, the price-to-book (PB) ratio of 1.92.
Company paid $0.14 per share in dividends, remained unchanged from $0.14 last year.
Financial Health
For the three months ended June 29, Werner Enterprises Inc.’s quick ratio was 1.90, while its current ratio was 1.90, indicating its ability to pay off its debt. The company’s long-term debt to equity ratio for the quarter ending June 29 is 0.43, and the total debt to equity ratio is 0.44. As far as profitability goes, gross margin for the trailing twelve months is 80.20% percent. Werner Enterprises Inc.’s EBITDA margin for the year ended June 29 was 18.66%, whereas its operating margin stood at 8.00% for the same period. Based on annual data, it had gross profit of $1.82 billion and revenue of $3.29 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. WERN’s return on assets (ROA) during the last 12 months has been 5.90%. There was a 11.40% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 12.40%.
Earnings Surprise
According to Werner Enterprises Inc.’s quarterly financial report for the quarter that ended June 29. A lower net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $811.1 million, while revenues fell by -3.1% to $832.71 million. It was predicted that Werner Enterprises Inc.’s quarterly earnings would be $0.52, but it ended up being $0.59, beating the consensus by -11.90%. EBITDA was $122.1 million for the quarter. At the end of Werner Enterprises Inc.’s most recent quarter ended June 29, its liabilities totaled 1.61 billion, while its total debt was $681.27 million. Equity owned by shareholders amounts to $63.39 million.
Technical Picture
Here’s a quick look at Werner Enterprises Inc.’s (WERN) price momentum from a technical perspective. As of 11 August, the RSI 9-day stood at 48.74%, suggesting the stock is Neutral, with a 13.72% historical volatility rate.
The stochastic %K and %D were 15.43% and 25.27% respectively, while the average true range (ATR) was 1.01. Based on the 14-day stochastic reading of 26.51%, the RSI (14) reading is 51.16%. On the 9-day MACD Oscillator, the stock is at -0.55, and the 14-day reading is at -0.83.
Analyst Ratings
Analysts have assigned Werner Enterprises Inc. (WERN) an Overweight rating. WERN is a stock that is recommended for selling by 1 brokerage firm, while 8 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 2 rates it overweight and 6 others recommend it as a buy.
What is WERN’s price target for the next 12 months?
The current consensus forecast for the stock is between $46.00 and $62.00, with a median target price of $49.50. In analyzing these forecasts, the average price target given by analysts for Werner Enterprises Inc. (WERN) is $50.69.
