Werner Enterprises Inc. (NASDAQ:WERN) saw a downside of -0.98% to close Friday at $39.21 after subtracting -$0.39 on the day. The 5-day average trading volume is 553,440 shares of the company’s common stock. It has gained $40.90 in the past week and touched a new high 2 times within the past 5 days. An average of 668,910 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 615,464.
WERN’s 1-month performance is -8.15% or -$3.19 on its low of $38.87 reached on 09/13/23. The company’s shares have touched a 52-week low of $35.84 and high of $50.31, with the stock’s rally to the 52-week high happening on 02/02/23. YTD, WERN has lost -2.61% or -$1.05 and has reached a new high 13 times. However, the current price is down -22.06% from the 52-week high price.
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Valuation Metrics
WERN stock has a beta of 0.84. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 0.75 while the price-to-book (PB) in the most recent quarter is 1.66.
Werner Enterprises Inc.’s quick ratio for the recent period was 1.88, with the current ratio over the same period at 1.93. In terms of profitability, the gross margin trailing 12 months is 10.08%. The trailing 12-month EBITDA margin is 18.66%. The firm’s gross profit as reported stood at $1.82 billion against revenue of $3.29 billion.
Earnings Surprise
Net income and sales went down compared to those figures reported in the previous quarter. Net income shrunk -141.93% to $29.88 million, while revenue of $35.22 million was -17.87% off the previous quarter. EBITDA for the quarter stood at more than $122.1 million. WERN stock balance sheet for the recent quarter shows that total liabilities totaled 1.61 billion, with total debt at $681.27 million. Shareholders hold equity totaling $63.39 million.
Let’s look briefly at Werner Enterprises Inc. (WERN) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 22 September was 30.30% to suggest the stock is trending Neutral, with historical volatility in this time period at 22.60%.
The stock’s 5-day moving average is $39.93, reflecting a -2.39% or -$0.96 change from its current price. WERN is currently trading -8.52% above its 20-day SMA, -15.15% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -9.72% and SMA200 by-10.07%.
Stochastic %K and %D was 23.76% and 27.78% and the average true range (ATR) pointed at 0.82. The RSI (14) points at 32.34%, while the 14-day stochastic is at 13.93% with the period’s ATR at 0.87. The stock’s 9-day MACD Oscillator is pointing at -0.20 and -0.27 on the 14-day charts.
Analyst Ratings
Analysts offering their rating for WERN stock have a consensus rating for the stock as Overweight. Currently, 1 brokerage advisors rate WERN as a “sell,”, while 7 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 2 rates the stock as overweight while 6 have offered a “buy” rating.
What is WERN’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $46.00 and a high of $62.00, with their median price target at $50.00. Looking at these predictions, the average price target given by analysts is for Werner Enterprises Inc. (WERN) stock is $50.87.
