Werner Enterprises (WERN) Stock Price, News & Analysis

Company Overview

Werner Enterprises, Inc., together with its subsidiaries, engages in transporting truckload shipments of general commodities in interstate and intrastate commerce in the United States, Mexico, and internationally. The company operates through two segments, Truckload Transportation Services and Werner Logistics. The Truckload Transportation Services segment operates a fleet of medium-to-long-haul vans that transports various consumer nondurable products and other commodities in truckload quantities using dry van trailers; the expedited fleet, which offers time-sensitive truckload services using driver teams; a regional short-haul fleet that provides truckload van service in the United States; and temperature-controlled fleet, which offers truckload services for temperature-sensitive products using temperature-controlled trailers. This segment provides truckload services to retail distribution centers or manufacturing facilities using dry vans or trailers to transport retail store merchandise, consumer products, food and beverage products, and manufactured products. As of December 31, 2023, it had a fleet of 8,000 trucks, which included 7,740 company-operated, as well as 260 owned and operated by independent contractors; and 30,810 trailers that comprised dry vans, flatbeds, temperature-controlled, and other trailers. The Werner Logistics segment provides non-asset-based transportation and logistics services, including truck brokerage; logistics management services and solutions; rail transportation through alliances with rail and drayage providers; and residential and commercial deliveries of large or heavy items using liftgate straight trucks. As of December 31, 2023, this segment operated 35 drayage tractors and 115 delivery trucks. It also sells used trucks and trailers; and trades used trucks to original equipment manufacturers. The company was founded in 1956 and is headquartered in Omaha, Nebraska.

Key Stats

• Today's Range: $35.90 to $37.29
• 50-Day Range: $36.01 to $40.44
• 52-Week Range: $33.12 to $43.26
• Volume: 612,149 shs
• Average Volume: 753,712 shs
• Market Capitalization: $2.29 billion
• P/E Ratio: 27.56
• Dividend Yield: 1.55%
• Price Target: $38.25
• Consensus Rating: Reduce

Werner Enterprises Stock Analysis - MarketRank™

Werner Enterprises scored higher than 67% of companies evaluated by MarketBeat, and ranked 72nd out of 131 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 2.0 / 5
• Analyst Rating: Reduce

Consensus Rating

Werner Enterprises has received a consensus rating of Reduce. The company's average rating score is 1.92, and is based on 3 buy ratings, 5 hold ratings, and 4 sell ratings.

Amount of Analyst Coverage

Werner Enterprises has been the subject of 8 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 106.38%

Earnings Growth

Earnings for Werner Enterprises are expected to grow by 106.38% in the coming year, from $0.94 to $1.94 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Werner Enterprises is 27.56, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.86.

Price to Earnings Ratio vs. Sector

The P/E ratio of Werner Enterprises is 27.56, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 21.97.

Price to Earnings Growth Ratio

Werner Enterprises has a PEG Ratio of 7.51. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Werner Enterprises has a P/B Ratio of 1.50. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

6.39% of the float of Werner Enterprises has been sold short.

Short Interest Ratio / Days to Cover

Werner Enterprises has a short interest ratio ("days to cover") of 5.1.

Change versus previous month

Short interest in Werner Enterprises has recently increased by 15.64%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Werner Enterprises pays a meaningful dividend of 1.49%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Werner Enterprises does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Werner Enterprises is 42.75%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Werner Enterprises will have a dividend payout ratio of 28.87% next year. This indicates that Werner Enterprises will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: 0.0 / 5
• Environmental Score: -6.24

Percentage of Shares Shorted

6.39% of the float of Werner Enterprises has been sold short.

Short Interest Ratio / Days to Cover

Werner Enterprises has a short interest ratio ("days to cover") of 5.1.

Change versus previous month

Short interest in Werner Enterprises has recently increased by 15.64%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.7 / 5
• News Sentiment: 0.07

News Sentiment

Werner Enterprises has a news sentiment score of 0.07. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.56 average news sentiment score of Transportation companies.

News Coverage This Week

MarketBeat has tracked 11 news articles for Werner Enterprises this week, compared to 5 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Werner Enterprises insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.20% of the stock of Werner Enterprises is held by insiders.

Percentage Held by Institutions

89.32% of the stock of Werner Enterprises is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

WERN Stock Analysis - Frequently Asked Questions

How have WERN shares performed this year?

Werner Enterprises' stock was trading at $42.37 at the beginning of the year. Since then, WERN stock has decreased by 14.8% and is now trading at $36.11.
View the best growth stocks for 2024 here.

How were Werner Enterprises' earnings last quarter?

Werner Enterprises, Inc. (NASDAQ:WERN) announced its earnings results on Tuesday, July, 30th. The transportation company reported $0.17 EPS for the quarter, missing analysts' consensus estimates of $0.20 by $0.03. The company's revenue for the quarter was down 6.2% on a year-over-year basis.

Does Werner Enterprises have any subsidiaries?

Werner Enterprises subsidiaries include ECM Transport Group, American Institute of Trucking Inc., Career Path Training Corporation, CG&G II Inc., CG&G Inc., Fleet Truck Sales Inc. dba Werner Fleet Sales, Gra-Gar LLC, and others.

Who are Werner Enterprises' major shareholders?

Top institutional investors of Werner Enterprises include Handelsbanken Fonder AB (0.03%) and SG Americas Securities LLC. Insiders that own company stock include Carmen A Tapio and Scott C Arves.
View institutional ownership trends.

How do I buy shares of Werner Enterprises?

Shares of WERN stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Werner Enterprises own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Werner Enterprises investors own include Xtrackers California Municipal Bond ETF (CA), BlackRock (BLK), Endologix (ELGX), Chipotle Mexican Grill (CMG), Athabasca Oil (ATH), NIC (EGOV) and Micron Technology (MU).

Company Calendar

• Ex-Dividend for 7/17 Dividend: 7/01/2024
• Dividend Payable: 7/17/2024
• Last Earnings: 7/30/2024
• Today: 10/06/2024
• Ex-Dividend for 10/23 Dividend: 10/07/2024
• Dividend Payable: 10/23/2024
• Next Earnings (Confirmed): 10/29/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Transportation
• Industry: Trucking, except local
• Sub-Industry: Trucking
• Current Symbol: NASDAQ:WERN
• CUSIP: 95075510
• CIK: 793074
• Web: www.werner.com
• Phone: (402) 895-6640
• Fax: 402-895-9104
• Employees: 9,929
• Year Founded: 1956

Price Target and Rating

• Average Stock Price Target: $38.25
• High Stock Price Target: $56.00
• Low Stock Price Target: $30.00
• Potential Upside/Downside: +5.9%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.92
• Research Coverage: 12 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $1.31
• Trailing P/E Ratio: 27.56
• Forward P/E Ratio: 38.41
• P/E Growth: 7.51
• Net Income: $112.38 million
• Net Margins: 1.99%
• Pretax Margin: 2.59%
• Return on Equity: 4.70%
• Return on Assets: 2.25%

Debt

• Debt-to-Equity Ratio: 0.45
• Current Ratio: 1.69
• Quick Ratio: 1.64

Sales & Book Value

• Annual Sales: $3.17 billion
• Price / Sales: 0.72
• Cash Flow: $6.49 per share
• Price / Cash Flow: 5.56
• Book Value: $24.11 per share
• Price / Book: 1.50

Miscellaneous

• Outstanding Shares: 63,413,000
• Free Float: 62,652,000
• Market Cap: $2.29 billion
• Optionable: Optionable
• Beta: 0.79