Werner Enterprises stock hits 52-week low at $28.73

Published 01/04/2025, 14:44
Werner Enterprises stock hits 52-week low at $28.73

In a challenging market environment, Werner Enterprises (NASDAQ:WERN) stock has touched a 52-week low, dipping to $28.73. According to InvestingPro data, the company maintains solid fundamentals with a current ratio of 1.52, indicating strong liquidity. The company has also maintained dividend payments for an impressive 39 consecutive years, currently yielding 1.91%. The transportation and logistics company, known for its freight management and truckload shipping services, has faced a downward trend over the past year, with the stock price reflecting a significant 1-year change of -23.88%. This decline has brought the stock to its lowest price level in the last year, marking a period of concern for investors who are closely monitoring the company’s performance amidst broader economic pressures. Based on InvestingPro analysis, the stock appears slightly undervalued at current levels, with analysts setting price targets ranging from $27 to $50. InvestingPro subscribers have access to 8 additional key insights about WERN, including detailed financial health metrics and growth projections.

In other recent news, Werner Enterprises has announced changes to its executive compensation structure, effective February 2025. The adjustments include new base salaries and awards of restricted stock and performance stock for its named executive officers. Derek J. Leathers, Chairman and CEO, will receive a base salary of $980,000, while other executives like Christopher D. Wikoff, EVP and CFO, will have a base salary of $520,000. The compensation restructuring involves vesting of restricted stock over three years and performance stock based on specific performance objectives. In related developments, UBS analyst Thomas Wadewitz revised Werner Enterprises’ stock price target to $36 from $39, maintaining a Neutral rating. Wadewitz anticipates a seasonal weakness in the first quarter, projecting an EPS of $0.09 and a Truckload Transportation Services operating ratio of 95.4%. The analyst forecasts a full-year 2025 EPS of $1.03, reflecting a cautious outlook on the company’s near-term financial performance. These recent developments highlight Werner Enterprises’ efforts to align executive compensation with performance while navigating projected financial challenges.

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