Monday, November 23, 2020

Werner Enterprises Inc. [WERN] is 14.95% higher this YTD. Is it still time to buy?

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Werner Enterprises Inc. [NASDAQ: WERN] gained 4.92% or 1.96 points to close at $41.83 with a heavy trading volume of 1483727 shares. It opened the trading session at $40.17, the shares rose to $41.845 and dropped to $39.38, the range by which the price of stock traded the whole day. The daily chart for WERN points out that the company has recorded 12.20% gains over the past six months. However, it is still -45.7% lower than its most recent low trading price.

If we look at the average trading volume of 1.18M shares, WERN reached to a volume of 1483727 in the most recent trading day, which is why market watchdogs consider the stock to be active.


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Here is what top equities market gurus are saying about Werner Enterprises Inc. [WERN]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for WERN shares is $44.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on WERN stock is a recommendation set at 2.30. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

UBS have made an estimate for Werner Enterprises Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on June 15, 2020. While these analysts kept the previous recommendation, Cowen raised their target price from $36 to $39. The new note on the price target was released on April 29, 2020, representing the official price target for Werner Enterprises Inc. stock. Previously, the target price had yet another raise to $42, while Robert W. Baird analysts kept a Outperform rating on WERN stock.

The Average True Range (ATR) for Werner Enterprises Inc. is set at 1.80, with the Price to Sales ratio for WERN stock in the period of the last 12 months amounting to 1.19. The Price to Book ratio for the last quarter was 2.63, with the Price to Cash per share for the same quarter was set at 1.04.

Trading performance analysis for WERN stock

Werner Enterprises Inc. [WERN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -0.38. With this latest performance, WERN shares gained by 1.90% in over the last four-week period, additionally plugging by 12.20% over the last 6 months – not to mention a rise of 36.97% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for WERN stock in for the last two-week period is set at 48.56, with the RSI for the last a single of trading hit 47.26, and the three-weeks RSI is set at 50.77 for Werner Enterprises Inc. [WERN]. The present Moving Average for the last 50 days of trading for this stock 41.14, while it was recorded at 41.28 for the last single week of trading, and 37.25 for the last 200 days.

Werner Enterprises Inc. [WERN]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Werner Enterprises Inc. [WERN] shares currently have an operating margin of +8.28 and a Gross Margin at +13.74. Werner Enterprises Inc.’s Net Margin is presently recorded at +6.78.

Return on Total Capital for WERN is now 14.50, given the latest momentum, and Return on Invested Capital for the company is 12.56. Return on Equity for this stock inclined to 14.05, with Return on Assets sitting at 7.90. When it comes to the capital structure of this company, Werner Enterprises Inc. [WERN] has a Total Debt to Total Equity ratio set at 28.06. Additionally, WERN Total Debt to Total Capital is recorded at 21.91, with Total Debt to Total Assets ending up at 14.54. Long-Term Debt to Equity for the company is recorded at 20.99, with the Long-Term Debt to Total Capital now at 16.39.

Reflecting on the efficiency of the workforce at the company, Werner Enterprises Inc. [WERN] managed to generate an average of $12,575 per employee. Receivables Turnover for the company is 6.43 with a Total Asset Turnover recorded at a value of 1.17.Werner Enterprises Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.50 and a Current Ratio set at 1.50.

Werner Enterprises Inc. [WERN]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, Werner Enterprises Inc. posted 0.63/share EPS, while the average EPS was predicted by analysts to be reported at 0.64/share.When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -1.60%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for WERN. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Werner Enterprises Inc. go to 1.12%.

An analysis of insider ownership at Werner Enterprises Inc. [WERN]

There are presently around $1,790 million, or 65.80% of WERN stock, in the hands of institutional investors. The top three institutional holders of WERN stocks are: BLACKROCK INC. with ownership of 5,173,894, which is approximately -1.32% of the company’s market cap and around 26.30% of the total institutional ownership; DIMENSIONAL FUND ADVISORS LP, holding 4,772,043 shares of the stock with an approximate value of $190.26 million in WERN stocks shares; and VANGUARD GROUP INC, currently with $170.01 million in WERN stock with ownership of nearly 0.96% of the company’s market capitalization.

Positions in Werner Enterprises Inc. stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 110 institutional holders increased their position in Werner Enterprises Inc. [NASDAQ:WERN] by around 3,819,599 shares. Additionally, 109 investors decreased positions by around 4,016,255 shares, while 29 investors held positions by with 37,065,454 shares. The mentioned changes placed institutional holdings at 44,901,308 shares, according to the latest SEC report filing. WERN stock had 25 new institutional investments in for a total of 1,145,939 shares, while 32 institutional investors sold positions of 730,277 shares during the same period.

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