The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
In the latest session, Werner Enterprises, Inc. (NASDAQ: WERN) closed at $35.08 down -0.88% from its previous closing price of $35.39. In other words, the price has decreased by -$0.88 from its previous closing price. On the day, 0.55 million shares were traded. WERN stock price reached its highest trading level at $35.39 during the session, while it also had its lowest trading level at $34.92.
Ratios:
For a deeper understanding of Werner Enterprises, Inc.’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.87 and its Current Ratio is at 1.92. In the meantime, Its Debt-to-Equity ratio is 0.45 whereas as Long-Term Debt/Eq ratio is at 0.44.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Barclays on April 01, 2024, Downgraded its rating to Equal Weight and sets its target price to $40 from $45 previously.
On February 08, 2024, Stifel Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $45 to $42.
TD Cowen reiterated its Outperform rating for the stock on February 07, 2024, while the target price for the stock was revised from $40 to $43.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 2244179968 and an Enterprise Value of 2888627712. As of this moment, Werner’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.89, and their Forward P/E ratio for the next fiscal year is 12.50. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.02. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.68 while its Price-to-Book (P/B) ratio in mrq is 1.46. Its current Enterprise Value per Revenue stands at 0.88 whereas that against EBITDA is 6.698.
Stock Price History:
Over the past 52 weeks, WERN has reached a high of $47.27, while it has fallen to a 52-week low of $34.67. The 50-Day Moving Average of the stock is -8.43%, while the 200-Day Moving Average is calculated to be -12.81%.
Shares Statistics:
For the past three months, WERN has traded an average of 643.19K shares per day and 640240 over the past ten days. A total of 63.44M shares are outstanding, with a floating share count of 60.71M. Insiders hold about 4.35% of the company’s shares, while institutions hold 86.75% stake in the company. Shares short for WERN as of 1713139200 were 2758359 with a Short Ratio of 4.29, compared to 1710460800 on 2870934. Therefore, it implies a Short% of Shares Outstanding of 2758359 and a Short% of Float of 5.75.
Dividends & Splits
According to the company, the forward annual dividend rate for WERN is 0.56, from 0.55 in the trailing year. Against a Trailing Annual Dividend Yield of 0.015541114The stock’s 5-year Average Dividend Yield is 1.07.
