The price of Werner Enterprises, Inc (NASDAQ:WERN) shares last traded on Wall Street fell -0.67% to $35.46.
WERN stock price is now -8.05% away from the 50-day moving average and -4.88% away from the 200-day moving average. The market capitalization of the company currently stands at $2.19B.
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With the price target maintained at $38, Susquehanna recently Upgraded its rating from Negative to Neutral for Werner Enterprises, Inc (NASDAQ: WERN). On October 30, 2024, TD Cowen reiterated its ‘Buy’ rating on the stock by increasing its target price from $40 to quote $41, while ‘Citigroup’ rates the stock as ‘Sell’
In other news, WELLMAN ALEXI, Director bought 100 shares of the company’s stock on Mar 06 ’24. The stock was bought for $3,800 at an average price of $38.00. Upon completion of the transaction, the Director now directly owns 6,493 shares in the company, valued at $0.23 million. A total of 4.49% of the company’s stock is owned by insiders.
During the past 12 months, Werner Enterprises, Inc has had a low of $33.12 and a high of $42.48. As of last week, the company has a debt-to-equity ratio of 0.51, a current ratio of 1.53, and a quick ratio of 1.49. According to the stock market information, the enterprise value for the company is $2908378624, which is based on a 48.90 price-to-earnings ratio, a 28.80 price-to-earnings-growth ratio, and a beta of 0.84. The fifty day moving average price for WERN is $38.566 and a two-hundred day moving average price translates $37.27955 for the stock.
The latest earnings results from Werner Enterprises, Inc (NASDAQ: WERN) was released for 2024-09-30. The net profit margin was 1.48% and return on equity was 3.10% for WERN. The company reported revenue of $745.7 million for the quarter, compared to $817.74 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -8.81 percent. For the current quarter, analysts expect WERN to generate $762.69M in revenue.
