WERN Stock Summary and Trading Ideas (Werner Enterprises | NASDAQ:WERN)

Werner Enterprises Inc is a transportation and logistics company. The company has two reportable segments - TTS and Werner Logistics. It derives majority of its revenue from full-truckload transportation services and geographically from United States.

Werner Enterprises trades on the NASDAQ stock market under the symbol WERN.

As of April 25, 2024, WERN stock price declined to $35.00 with 100,498 million shares trading.

WERN has a beta of 0.80, meaning it tends to be less sensitive to market movements. WERN has a correlation of 0.27 to the broad based SPY ETF.

WERN has a market cap of $2.22 billion. This is considered a Mid Cap stock.

Last quarter Werner Enterprises reported $822 million in Revenue and $.39 earnings per share. This beat revenue expectation by $2 million and missed earnings estimates by -$.04.

In the last 3 years, WERN stock traded as high as $50.31 and as low as $34.67.

The top ETF exchange traded funds that WERN belongs to (by Net Assets): VTI, IJH, VB, FVD, IWM.

WERN has underperformed the market in the last year with a price return of -23.6% while the SPY ETF gained +22.6%. WERN has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -14.1% and -4.8%, respectively, while the SPY returned +3.2% and -2.9%, respectively.

WERN support price is $34.82 and resistance is $35.96 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that WERN stock will trade within this expected range on the day.