Analyst Revises Werner Enterprises, Inc. (NASDAQ:WERN) Stock Target


Werner Enterprises, Inc. (NASDAQ:WERN) mean price target has been set at $24.680 by Thomson Reuters. The group worked out on the stock recommendations given by analysts in the First Call poll. Further, it is possible that the company may register per share earnings of $0.310 in the near-term quarter and $1.190 for the ongoing fiscal. The market cap of Werner Enterprises, Inc. was recorded at $1.57B after the stock closed at $21.829 in last trading day. What The Valuation Says? The price/earnings ratio is taken in the list of ratios that leads to a stock’s valuation. Commonly named as P/E ratio, it helps investors know where the company stands in the market. It is derived by dividing share’s latest price by per-share earnings. Werner Enterprises, Inc. (NASDAQ:WERN) has a P/E ratio of 13.071. Investors can identify how the stock is doing in the market by estimating Price-to-Earnings Growth ratio. Werner Enterprises, Inc. (NASDAQ:WERN) PEG ratio sits at 2.470. A low PEG ratio offers an investment opportunity to the opportunistic traders and investors. In case a stock has a reading in between 0 and 1, it represents undervalued stock. A reading of 1 and 2 represents fairly priced stocks. Technical Perspective The technical analysis of Werner Enterprises, Inc. visibly illustrates that the 50-day MA of Werner Enterprises, Inc. is $24.050, and stock is trading -2.221 or -9.235% distant from $24.050. The 200-day MA is $25.058, and this price is $-3.229 or -12.887% off from current level. Werner Enterprises, Inc. (NASDAQ:WERN) 52-week high is $29.340 and the 52-week low is $20.910. This represents that if the stock moves $-7.511 points up on the chart to make a 52-week high. But, if it declines $+4.395%, then the shares price can hit a new 52-week low.

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