Werner Enterprises, Inc. (NASDAQ: WERN) has a higher price-to-earnings ratio of 38.16x compared to its average ratio, The 36-month beta value for WERN is at 0.79. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 2 rating it as “overweight,” 13 as “hold,” and 2 as “sell.”
The public float for WERN is 58.99M, and currently, shorts hold a 5.59% of that float. The average trading volume for WERN on October 30, 2024 was 691.41K shares.
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WERN) stock’s latest price update
Werner Enterprises, Inc. (NASDAQ: WERN)’s stock price has plunge by -1.27relation to previous closing price of 38.31. Nevertheless, the company has seen a 0.94% surge in its stock price over the last five trading sessions. seekingalpha.com reported 2024-10-29 that Werner Enterprises, Inc. (NASDAQ:WERN ) Q3 2024 Earnings Conference Call October 29, 2024 5:00 PM ET Company Participants Chris Neil – Senior Vice President, Pricing and Strategic Planning Derek Leathers – Chairman and CEO Chris Wikoff – Executive Vice President, Treasurer and CFO Conference Call Participants Ravi Shanker – Morgan Stanley Scott Group – Wolfe Research Brian Ossenbeck – JPMorgan Jeff Kauffman – Vertical Research Partners Jason Seidl – TD Cowen Daniel Imbro – Stephens Eric Morgan – Barclays Chris Wetherbee – Wells Fargo Operator Good afternoon. And welcome to the Werner Enterprises Third Quarter 2024 Earnings Conference Call.
WERN’s Market Performance
Werner Enterprises, Inc. (WERN) has seen a 0.94% rise in stock performance for the week, with a 0.89% gain in the past month and a -1.30% plunge in the past quarter. The volatility ratio for the week is 2.10%, and the volatility levels for the past 30 days are at 2.34% for WERN. The simple moving average for the past 20 days is 1.95% for WERN’s stock, with a 0.70% simple moving average for the past 200 days.
Analysts’ Opinion of WERN
Citigroup, on the other hand, stated in their research note that they expect to see WERN reach a price target of $34. The rating they have provided for WERN stocks is “Sell” according to the report published on October 09th, 2024.
TD Cowen gave a rating of “Buy” to WERN, setting the target price at $43 in the report published on July 31st of the current year.
WERN Trading at 1.88% from the 50-Day Moving Average
After a stumble in the market that brought WERN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -12.57% of loss for the given period.
Volatility was left at 2.34%, however, over the last 30 days, the volatility rate increased by 2.10%, as shares surge +2.08% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.78% upper at present.
During the last 5 trading sessions, WERN rose by +0.85%, which changed the moving average for the period of 200-days by -4.95% in comparison to the 20-day moving average, which settled at $37.10. In addition, Werner Enterprises, Inc. saw -10.73% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at WERN starting from WELLMAN ALEXI, who purchase 100 shares at the price of $38.00 back on Mar 06 ’24. After this action, WELLMAN ALEXI now owns 6,493 shares of Werner Enterprises, Inc., valued at $3,800 using the latest closing price.
Stock Fundamentals for WERN
Current profitability levels for the company are sitting at:
- 0.04 for the present operating margin
- 0.09 for the gross margin
The net margin for Werner Enterprises, Inc. stands at 0.02. The total capital return value is set at 0.04. Equity return is now at value 4.27, with 2.03 for asset returns.
Based on Werner Enterprises, Inc. (WERN), the company’s capital structure generated 0.32 points at debt to capital in total, while cash flow to debt ratio is standing at 0.57. The debt to equity ratio resting at 0.47. The interest coverage ratio of the stock is 3.22.
Currently, EBITDA for the company is 475.93 million with net debt to EBITDA at 1.92. When we switch over and look at the enterprise to sales, we see a ratio of 0.94. The receivables turnover for the company is 7.1for trailing twelve months and the total asset turnover is 1.02. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.69.
Conclusion
In conclusion, Werner Enterprises, Inc. (WERN) has had a mixed performance lately. Opinion on the stock among analysts is bearish, with some giving it a “sell” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
