Werner Enterprises, Inc (NASDAQ: WERN) is -29.45% lower on its value in year-to-date trading and has touched a low of $23.02 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 $25.17 in the last trading session, with the day’s gains setting it 0.17%.
Currently trading at $25.34, the stock is -7.29% and -12.68% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.18 million and changing 0.68% at the moment leaves the stock -28.09% off its SMA200. WERN registered -30.21% loss for a year compared to 6-month loss of -32.50%.
The stock witnessed a -7.11% gain in the last 1 month and extending the period to 3 months gives it a -27.27%, and is 2.76% 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 3.34% over the week and 4.37% over the month.
Werner Enterprises, Inc (WERN) has around 12896 employees, a market worth around $1.57B and $2.97B in sales. Current P/E ratio is 88.82 and Fwd P/E is 19.21. Profit margin for the company is 0.60%. Distance from 52-week low is 10.08% and -40.35% from its 52-week high. The company has generated returns on investments over the last 12 months (0.86%).
The EPS is expected to shrink by -34.96% this year
The shares outstanding are 61.92M, and float is at 58.98M with Short Float at 5.48%.
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 11.0813 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 3.87 million shares representing 6.1761 and valued at over $138.76 million, while VICTORY CAPITAL MANAGEMENT INC holds 5.8913 of the shares totaling 3.69 million with a market value of $132.36 million.
