
Werner Enterprises (WERN) Stock Forecast & Price Target
Werner Enterprises (WERN) Analyst Ratings
Bulls say
Werner Enterprises has demonstrated a positive turnaround with a year-on-year increase in revenue per total mile for the first time in over 18 months, indicating a recovery in the One-way segment despite ongoing pressures. The Logistics segment has shown strong growth, with adjusted fuel metrics improving by 200 basis points sequentially and consolidated Logistics volumes increasing by 2% as the company secures new business while maintaining existing relationships. Additionally, Werner's cost savings initiative is exceeding expectations, projected to yield over $45 million in sustainable operational efficiencies, which further supports a favorable outlook as the company enhances its competitive advantage in the truckload transportation sector.
Bears say
Werner Enterprises is experiencing a decline in key financial metrics, with brokerage revenue exhibiting sequential deterioration and an anticipated one-way Revenue Per Truck Mile (RPTM) guidance indicating a potential 3% decrease year-over-year. The company's segment revenue has suffered, falling 9% year-over-year, primarily due to lower pricing, reduced fuel surcharges, and a significant decrease in truck count, which has outweighed any benefit gained from increased truck utilization. Overall gross revenue has also declined by 9% year-over-year, underperforming expectations, suggesting ongoing challenges within the transportation and logistics sector that are likely to impact earnings power through 2024.
This aggregate rating is based on analysts' research of Werner Enterprises and is not a guaranteed prediction by Public.com or investment advice.
Werner Enterprises (WERN) Analyst Forecast & Price Prediction
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