Werner Enterprises, Inc. (WERN) 20 Days SMA touches -1.25%: The odds favor the bear

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Werner Enterprises, Inc. (NASDAQ: WERN) kicked off on Tuesday, up 0.52% from the previous trading day, before settling in for the closing price of $36.38. Over the past 52 weeks, WERN has traded in a range of $33.12-$43.26.

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Industrials Sector giant saw their annual sales surged by 6.38% over the last five years. While this was happening, its average annual earnings per share was recorded -57.93%. With a float of $58.99 million, this company’s outstanding shares have now reached $63.44 million.

The firm has a total of 13809 workers. Let’s measure their productivity. In terms of profitability, gross margin is 8.56%, operating margin of 3.5%, and the pretax margin is 2.59%.

Werner Enterprises, Inc. (WERN) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Trucking Industry. The insider ownership of Werner Enterprises, Inc. is 4.56%, while institutional ownership is 93.54%. The most recent insider transaction that took place on Mar 06 ’24, was worth 3,800. In this transaction Director of this company bought 100 shares at a rate of $38.00, taking the stock ownership to the 6,493 shares.

Werner Enterprises, Inc. (WERN) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around -57.93% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.25% during the next five years compared to -5.45% drop over the previous five years of trading.

Werner Enterprises, Inc. (NASDAQ: WERN) Trading Performance Indicators

Take a look at Werner Enterprises, Inc.’s (WERN) current performance indicators. Last quarter, stock had a quick ratio of 1.64. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.71.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.99, a number that is poised to hit 0.20 in the next quarter and is forecasted to reach 1.61 in one year’s time.

Technical Analysis of Werner Enterprises, Inc. (WERN)

Analysing the last 5-days average volume posted by the [Werner Enterprises, Inc., WERN], we can find that recorded value of 0.59 million was lower than the volume posted last year of 0.75 million. As of the previous 9 days, the stock’s Stochastic %D was 41.02%. Additionally, its Average True Range was 0.95.

During the past 100 days, Werner Enterprises, Inc.’s (WERN) raw stochastic average was set at 43.65%, which indicates a significant increase from 25.89% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.62% in the past 14 days, which was higher than the 24.49% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $36.96, while its 200-day Moving Average is $37.74. Now, the first resistance to watch is $37.27. This is followed by the second major resistance level at $37.97. The third major resistance level sits at $38.38. If the price goes on to break the first support level at $36.16, it is likely to go to the next support level at $35.75. Should the price break the second support level, the third support level stands at $35.05.

Werner Enterprises, Inc. (NASDAQ: WERN) Key Stats

The company with the Market Capitalisation of 2.26 billion has total of 63,413K Shares Outstanding. Its annual sales at the moment are 3,284 M in contrast with the sum of 112,380 K annual income. Company’s last quarter sales were recorded 760,800 K and last quarter income was 9,470 K.