Werner Enterprises, Inc (NASDAQ: WERN) is -20.60% lower on its value in year-to-date trading and has touched a low of $26.50 and a high of $42.48 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 $28.79 in the last trading session, with the day’s loss setting it -0.27%.
Currently trading at $28.52, the stock is -2.23% and -10.00% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.18 million and changing -0.94% at the moment leaves the stock -20.82% off its SMA200. WERN registered -25.98% loss for a year compared to 6-month loss of -23.02%. The firm has a 50-day simple moving average (SMA 50) of $31.6892 and a 200-day simple moving average (SMA200) of $36.0177.
The stock witnessed a -4.46% gain in the last 1 month and extending the period to 3 months gives it a -19.57%, and is 4.32% up 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 6.83% over the week and 3.75% over the month.
Werner Enterprises, Inc (WERN) has around 12896 employees, a market worth around $1.77B and $3.03B in sales. Current P/E ratio is 52.14 and Fwd P/E is 15.38. Profit margin for the company is 1.13%. Distance from 52-week low is 7.62% and -32.86% from its 52-week high. The company has generated returns on investments over the last 12 months (1.61%).
The EPS is expected to grow by 91.94% this year
342.0 institutions hold shares in Werner Enterprises, Inc (WERN), with institutional investors hold 104.38% of the company’s shares. The shares outstanding are 61.85M, and float is at 58.93M with Short Float at 5.77%. Institutions hold 99.95% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 10.14 million shares valued at $363.3 million. The investor’s holdings represent 16.1701 of the WERN Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 6.95 million shares valued at $248.97 million to account for 10.9476 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 3.87 million shares representing 6.1016 and valued at over $138.76 million, while VICTORY CAPITAL MANAGEMENT INC holds 5.8202 of the shares totaling 3.69 million with a market value of $132.36 million.
