Werner Enterprises, Inc (NASDAQ: WERN) is -21.21% 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 $27.36 in the last trading session, with the day’s gains setting it 0.94%.
Currently trading at $28.30, the stock is -1.56% and -8.56% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.18 million and changing 3.44% at the moment leaves the stock -21.02% off its SMA200. WERN registered -21.69% loss for a year compared to 6-month loss of -22.61%. The firm has a 50-day simple moving average (SMA 50) of $30.95 and a 200-day simple moving average (SMA200) of $35.8323.
The stock witnessed a -3.54% gain in the last 1 month and extending the period to 3 months gives it a -24.39%, and is -0.77% 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 4.26% over the week and 4.13% over the month.
Werner Enterprises, Inc (WERN) has around 12896 employees, a market worth around $1.75B and $3.03B in sales. Current P/E ratio is 51.74 and Fwd P/E is 15.55. Profit margin for the company is 1.13%. Distance from 52-week low is 6.79% and -33.38% from its 52-week high. The company has generated returns on investments over the last 12 months (1.61%).
with sales reaching $737.58M over the same period.The EPS is expected to grow by 86.41% this year, but quarterly earnings will post 1.57% year-over-year. Quarterly sales are estimated to shrink -4.10% in year-over-year returns.
Werner Enterprises, Inc (WERN) Top Institutional Holders
343.0 institutions hold shares in Werner Enterprises, Inc (WERN), with institutional investors hold 104.43% of the company’s shares. The shares outstanding are 61.85M, and float is at 58.98M with Short Float at 5.77%. Institutions hold 100.00% 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.
Werner Enterprises, Inc (WERN) Insider Activity
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