Market Momentum: Werner Enterprises, Inc (WERN) Registers a -0.33 Decrease, Closing at 36.73

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Werner Enterprises, Inc (NASDAQ: WERN) closed the day trading at $36.73 down -0.33% from the previous closing price of $36.85. In other words, the price has decreased by -$0.33 from its previous closing price. On the day, 0.6 million shares were traded. WERN stock price reached its highest trading level at $37.02 during the session, while it also had its lowest trading level at $36.29.

Ratios:

For a better understanding of WERN, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.49 and its Current Ratio is at 1.53. In the meantime, Its Debt-to-Equity ratio is 0.51 whereas as Long-Term Debt/Eq ratio is at 0.50.

On October 30, 2024, TD Cowen reiterated its Buy rating and also lowered its target price recommendation from $40 to $41.

On October 09, 2024, Citigroup started tracking the stock assigning a Sell rating and target price of $34.Citigroup initiated its Sell rating on October 09, 2024, with a $34 target price.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 06 ’24 when WELLMAN ALEXI bought 100 shares for $38.00 per share. The transaction valued at 3,800 led to the insider holds 6,493 shares of the business.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WERN now has a Market Capitalization of 2270200576 and an Enterprise Value of 2986874624. As of this moment, Werner’s Price-to-Earnings (P/E) ratio for their current fiscal year is 50.66, and their Forward P/E ratio for the next fiscal year is 29.36. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 10.23. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.73 while its Price-to-Book (P/B) ratio in mrq is 1.57. Its current Enterprise Value per Revenue stands at 0.964 whereas that against EBITDA is 8.061.

Stock Price History:

The Beta on a monthly basis for WERN is 0.84, which has changed by -0.07759702 over the last 52 weeks, in comparison to a change of 0.21794415 over the same period for the S&P500. Over the past 52 weeks, WERN has reached a high of $42.48, while it has fallen to a 52-week low of $33.12. The 50-Day Moving Average of the stock is -2.97%, while the 200-Day Moving Average is calculated to be -1.24%.

Shares Statistics:

Over the past 3-months, WERN traded about 656.13K shares per day on average, while over the past 10 days, WERN traded about 814280 shares per day. A total of 61.81M shares are outstanding, with a floating share count of 59.04M. Insiders hold about 4.48% of the company’s shares, while institutions hold 94.16% stake in the company. Shares short for WERN as of 1736899200 were 3636899 with a Short Ratio of 5.54, compared to 1734048000 on 4379973. Therefore, it implies a Short% of Shares Outstanding of 3636899 and a Short% of Float of 7.85.

Dividends & Splits

WERN’s forward annual dividend rate is 0.56, up from 0.56 a year ago. Against a Trailing Annual Dividend Yield of 0.015196744The stock’s 5-year Average Dividend Yield is 1.13. The current Payout Ratio is 31.18% for WERN, which recently paid a dividend on 2025-01-02 with an ex-dividend date of 1735776000. Stock splits for the company last occurred on 2003-10-01 when the company split stock in a 5:4 ratio.

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