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Werner Enterprises (WERN) Gains But Lags Market: What You Should Know
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Werner Enterprises (WERN - Free Report) closed at $33.41 in the latest trading session, marking a +0.69% move from the prior day. The stock lagged the S&P 500's daily gain of 2.12%. Meanwhile, the Dow gained 2.13%, and the Nasdaq, a tech-heavy index, added 2.64%.
Heading into today, shares of the transportation company had lost 2.58% over the past month, outpacing the Transportation sector's loss of 5.38% and the S&P 500's loss of 4.4% in that time.
Wall Street will be looking for positivity from WERN as it approaches its next earnings report date. This is expected to be February 4, 2019. In that report, analysts expect WERN to post earnings of $0.68 per share. This would mark year-over-year growth of 61.9%. Our most recent consensus estimate is calling for quarterly revenue of $650.18 million, up 14.6% from the year-ago period.
For the full year, our Zacks Consensus Estimates are projecting earnings of $2.31 per share and revenue of $2.46 billion, which would represent changes of +81.89% and +16.37%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for WERN. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate has moved 3.09% higher within the past month. WERN is currently a Zacks Rank #2 (Buy).
Valuation is also important, so investors should note that WERN has a Forward P/E ratio of 14.37 right now. This represents a discount compared to its industry's average Forward P/E of 15.56.
We can also see that WERN currently has a PEG ratio of 0.99. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. Transportation - Truck stocks are, on average, holding a PEG ratio of 0.99 based on yesterday's closing prices.
The Transportation - Truck industry is part of the Transportation sector. This industry currently has a Zacks Industry Rank of 55, which puts it in the top 21% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
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Werner Enterprises (WERN) Gains But Lags Market: What You Should Know
Werner Enterprises (WERN - Free Report) closed at $33.41 in the latest trading session, marking a +0.69% move from the prior day. The stock lagged the S&P 500's daily gain of 2.12%. Meanwhile, the Dow gained 2.13%, and the Nasdaq, a tech-heavy index, added 2.64%.
Heading into today, shares of the transportation company had lost 2.58% over the past month, outpacing the Transportation sector's loss of 5.38% and the S&P 500's loss of 4.4% in that time.
Wall Street will be looking for positivity from WERN as it approaches its next earnings report date. This is expected to be February 4, 2019. In that report, analysts expect WERN to post earnings of $0.68 per share. This would mark year-over-year growth of 61.9%. Our most recent consensus estimate is calling for quarterly revenue of $650.18 million, up 14.6% from the year-ago period.
For the full year, our Zacks Consensus Estimates are projecting earnings of $2.31 per share and revenue of $2.46 billion, which would represent changes of +81.89% and +16.37%, respectively, from the prior year.
Investors might also notice recent changes to analyst estimates for WERN. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate has moved 3.09% higher within the past month. WERN is currently a Zacks Rank #2 (Buy).
Valuation is also important, so investors should note that WERN has a Forward P/E ratio of 14.37 right now. This represents a discount compared to its industry's average Forward P/E of 15.56.
We can also see that WERN currently has a PEG ratio of 0.99. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. Transportation - Truck stocks are, on average, holding a PEG ratio of 0.99 based on yesterday's closing prices.
The Transportation - Truck industry is part of the Transportation sector. This industry currently has a Zacks Industry Rank of 55, which puts it in the top 21% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.