Werner Enterprises, Inc (NASDAQ: WERN) is -17.95% 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 $29.25 in the last trading session, with the day’s loss setting it -0.18%.
Currently trading at $29.07, the stock is 4.75% and 7.08% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.44 million and changing -0.62% at the moment leaves the stock -12.71% off its SMA200. WERN registered -19.07% loss for a year compared to 6-month loss of -19.05%.
The stock witnessed a 8.35% gain in the last 1 month and extending the period to 3 months gives it a -3.36%, and is 6.02% 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 3.86% over the week and 3.28% over the month.
Werner Enterprises, Inc (WERN) has around 12896 employees, a market worth around $1.80B and $2.97B in sales. Current P/E ratio is 102.07 and Fwd P/E is 21.86. Profit margin for the company is 0.60%. Distance from 52-week low is 26.28% and -31.57% from its 52-week high. The company has generated returns on investments over the last 12 months (0.84%).
The EPS is expected to shrink by -29.59% this year
The shares outstanding are 61.92M, and float is at 58.78M with Short Float at 9.18%.
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.
