As of Friday close, Werner Enterprises Inc.’s (NASDAQ:WERN) stock was up $0.59, moving up 1.37 percent to $43.53. The average number of shares traded per day over the past five days has been 504,440 shares. 1 time new highs have been achieved over the past 5 days, with a -$1.91 fall in that time frame. In the last twenty days, the average volume was 516,585, while in the previous 50 days, it was 598,844.
Since last month, WERN stock retreated -3.52%. Shares of the company fell to $42.60 on 08/18/23, the lowest level in the past month. A 52-week high of $50.31 was reached on 02/02/23 after having rallying from a 52-week low of $35.84. Since the beginning of this year, WERN’s stock price has risen by 8.12% or $3.27, and marked a new high 13 times. However, the stock has declined by -13.48% since its 52-week high.
Valuation Metrics
Right now, Werner Enterprises Inc. (WERN) has a P/E ratio of about 15.40. The stock’s beta is 0.83. Besides these, the trailing price-to-sales (P/S) ratio of 0.82, the price-to-book (PB) ratio of 1.84.
The latest dividend of $0.14 per share was paid out, remained unchanged from last year’s $0.14.
Financial Health
In the three months ended June 29, Werner Enterprises Inc.’s quick ratio stood at 1.90, while its current ratio was 1.90, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.43, and the total debt-to-equity ratio was 0.44. On the profitability front, the trailing twelve-month gross margin is 80.20% percent. In the year ended June 29, EBITDA margin amounted to 18.66%, whereas operating margins totaled 8.00%. Based on annual data, WERN earned $1.82 billion in gross profit and brought in $3.29 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 11.40%. Return on equity (ROE) for the past 12 months was 12.40%.
In Werner Enterprises Inc.’s quarter-end financial report for June 29, it reported total debt of $636.25 million. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. WERN’s revenue fell -3.1% to $832.71 million during the quarter, while net income inched up to $811.1 million. While analysts expected Werner Enterprises Inc. to report $0.59 quarterly earnings, the actual figure was $0.52 per share, beating the consensus estimate by -11.90%. During the quarter, the company generated $122.1 million in EBITDA. The liabilities of Werner Enterprises Inc. were 1.61 billion at the end of its most recent quarter ended June 29, and its total debt was $681.27 million. The value of shareholders’ equity is $63.39 million.
Technical Picture
This quick technical analysis looks at Werner Enterprises Inc.’s (WERN) price momentum. With a historical volatility rate of 18.14%, the RSI 9-day stood at 35.62% on 18 August.
With respect to its five-day moving average, the current Werner Enterprises Inc. price is down by -4.20% percent or -$1.91. At present, WERN shares trade -4.25% below its 20-day simple moving average and +0.51% percent above its 100-day simple moving average. However, the stock is currently trading approximately -4.10% below its SMA50 and +11.05% above its SMA200.
Stochastic coefficient K was 10.17% and Stochastic coefficient D was 6.95%, while ATR was 1.01. Given the Stochastic reading of 20.81% for the 14-day period, the RSI (14) reading has been calculated as 40.20%. As of today, the MACD Oscillator reading stands at -1.23, while the 14-day reading stands at -1.86.
Analyst Ratings
Werner Enterprises Inc. (WERN) has been rated Overweight by analysts. According to 1 brokerage firm, WERN is a sell, and 8 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 2 analysts rate Werner Enterprises Inc. stock as buy, with 6 recommending it as overweight.
With a median target price of $49.50, the current consensus forecast for the stock is $46.00 – $62.00. Based on these forecasts, analysts predict Werner Enterprises Inc. (WERN) will achieve an average price target of $50.75.
