Werner Enterprises Inc. (NASDAQ: WERN) is -13.37% lower on its value in year-to-date trading and has touched a low of $36.29 and a high of $48.79 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The WERN stock was last observed hovering at around $41.14 in the last trading session, with the day’s gains setting it 0.15% off its average median price target of $46.00 for the next 12 months. It is also 43.44% off the consensus price target high of $73.00 offered by 19 analysts, but current levels are -17.97% lower than the price target low of $35.00 for the same period.
Currently trading at $41.29, the stock is 3.69% and 4.19% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.44 million and changing 0.36% at the moment leaves the stock -3.56% off its SMA200. WERN registered -7.21% loss for a year compared to 6-month loss of -7.15%.
The stock witnessed a 6.03% gain in the last 1 month and extending the period to 3 months gives it a 5.90%, and is -0.65% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.32% over the week and 2.67% over the month.
Werner Enterprises Inc. (WERN) has around 13525 employees, a market worth around $2.71B and $2.88B in sales. Current P/E ratio is 10.43 and Fwd P/E is 11.59. Profit margin for the company is 9.20%. Distance from 52-week low is 13.78% and -15.37% from its 52-week high. The company has generated returns on investments over the last 12 months (12.80%).
Werner Enterprises Inc. (WERN) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Werner Enterprises Inc. (WERN) is a “Overweight”. 19 analysts offering their recommendations for the stock have an average rating of 2.60, where 8 rate it as a Hold and 2 think it is a “Overweight”. 7 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.
Werner Enterprises Inc. is expected to release its quarterly report on 10/20/2022.The EPS is expected to grow by 56.80% this year.
Werner Enterprises Inc. (WERN) Top Institutional Holders
The shares outstanding are 65.54M, and float is at 59.97M with Short Float at 7.12%.
Werner Enterprises Inc. (WERN) Insider Activity
A total of 52 insider transactions have happened at Werner Enterprises Inc. (WERN) in the last six months, with sales accounting for 36 and purchases happening 16 times. The most recent transaction is an insider purchase by Arves Scott C,the company’sDirector. SEC filings show that Arves Scott C bought 1,100 shares of the company’s common stock on Dec 20 at a price of $44.58 per share for a total of $49032.0. Following the purchase, the insider now owns 3359.0 shares.
Werner Enterprises Inc. (WERN): Who are the competitors?
The company’s main competitors (and peers) include P.A.M. Transportation Services Inc. (PTSI) that is trading 101.98% up over the past 12 months. USA Truck Inc. (USAK) is 119.28% up on the 1-year trading charts.