A better buy-in window may exist right now for Werner Enterprises Inc. (WERN)

Werner Enterprises Inc. (NASDAQ: WERN) stock fell -2.28% on Friday to $41.59 against a previous-day closing price of $42.56. With 1.14 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.69 million shares. During the session, the Trucking company that operates in wider Industrials sector, reached to the highest price of $43.05 whereas the lowest price it dropped to was $41.01. The 52-week range on WERN shows that it touched its highest point at $48.79 and its lowest point at $36.29 during that stretch. It currently has a 1-year price target of $48.00. With its current market cap of 2.54 billion, WERN has annualized dividend of $0.52 while the current yield stands at 1.25%. Beta for the stock currently stands at 0.78.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of WERN was down-trending over the past week, with a drop of -4.85%, but this was up by 7.33% over a month. Three-month performance dropped to -2.05% while six-month performance fell -6.87%. The stock lost -7.91% in the past year, while it has lost -12.74% so far this year. A look at the trailing 12-month EPS for WERN yields 3.96 with Next year EPS estimates of 3.56. For the next quarter, that number is 1.03. This implies an EPS growth rate of 56.80% for this year and -11.72% for next year. EPS is expected to grow by 8.61% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 28.40%.

Float and Shares Shorts:

At present, 65.54 million WERN shares are outstanding with a float of 59.97 million shares on hand for trading. On Jul 14, 2022, short shares totaled 4.27 million, which was 6.57% higher than short shares on Jun 14, 2022. In addition to Mr. Derek J. Leathers as the firm’s Pres, CEO & Chairman, Mr. John J. Steele serves as its Exec. VP, Treasurer & CFO.

Institutional Ownership:

Through their ownership of 88.84% of WERN’s outstanding shares, institutional investors have majority control over the company. Other institutions hold 51.23% of WERN, in contrast to 35.92% held by mutual funds. Shares owned by individuals account for 35.90%. As the largest shareholder in WERN with 11.03% of the stake, BlackRock Fund Advisors holds 7,176,505 shares worth 7,176,505. A second-largest stockholder of WERN, The Vanguard Group, Inc., holds 5,467,056 shares, controlling over 8.40% of the firm’s shares. Dimensional Fund Advisors LP is the third largest shareholder in WERN, holding 3,685,023 shares or 5.66% stake. With a 3.07% stake in WERN, the Victory Sycamore Small Company Op is the largest stakeholder. A total of 2,000,000 shares are owned by the mutual fund manager. The Vanguard Total Stock Market Index, which owns about 2.66% of WERN stock, is the second-largest Mutual Fund holder. It holds 1,732,096 shares valued at 66.75 million. iShares Core S&P Mid Cap ETF holds 2.63% of the stake in WERN, owning 1,711,356 shares worth 65.96 million.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for WERN since 19 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 8 believe that the stock is worth HOLDING, 2 give it an OVERWEIGHT rating, and 1 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With WERN analysts setting a high price target of $73.00 and a low target of $35.00, the average target price over the next 12 months is $47.94. Based on these targets, WERN could surge 75.52% to reach the target high and fall by -15.85% to reach the target low. Reaching the average price target will result in a growth of 15.27% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. WERN will report FY 2022 earnings on 01/30/2023. Analysts have provided yearly estimates in a range of $4.20 being high and $3.70 being low. For WERN, this leads to a yearly average estimate of $3.91. The earnings surprise of a firm occurs when the actual results change from the consensus earnings estimate. Werner Enterprises Inc. surprised analysts by -$0.16 when it reported $0.87 EPS against a consensus estimate of $1.03. The surprise factor in the prior quarter was $0.09. Based on analyst estimates, the high estimate for the next quarter is $1.10 and the low estimate is $0.92. The average estimate for the next quarter is thus $1.00.

Dividends & Yield:

In terms of dividends, WERN has a current ratio of $0.52, which is $0.52 over the trailing 12-months, while a dividend of $0.36 is likely to be paid on average over the next five years. Dividend yield is another indicator that appeals to many investors, and WERN currently yields $1.18. In the past year, WERN’s dividend yield has been $1.18, but when looking at the stock over the past five years, its yield has been $0.93. Accordingly, WERN has a current buyback yield of $4.99. This was $4.99 for the TTM.

Summary of Insider Activity:

Insiders traded WERN stock several times over the past three months with 8 Buys and 0 Sells. In these transactions, 19,280 shares were bought while 0 shares were sold. The number of buy transactions has increased to 40 while that of sell transactions has risen to 37 over the past year. The total number of shares bought during that period was 143,615 while 59,467 shares were sold.

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