WERN Stock Analysis: Werner Enterprises | NASDAQ

Truckload Transportation, Logistics Brokerage, Intermodal Rail, Final Mile Delivery

Total Rating 57

Safety 75

Buy Signal -0.13

Trucking
Industry Rotation: +16.8

Market Cap: 2.40B
Avg Turnover: 29.3M

Risk 3d forecast

Volatility42.5%

VaR 5^th Pctl7.21%

VaR vs Median3.12%

Reward TTM

Sharpe Ratio0.79

Rel. Str. IBD58.7

Rel. Str. Peer Group34.4

Character TTM

Beta0.967

Beta Downside1.522

Hurst Exponent0.572

Drawdowns 3y

Max DD44.35%

CAGR/Max DD-0.02

CAGR/Mean DD-0.05

EPS (Earnings per Share)

EPS CAGR: -76.76%
EPS Trend: -80.1%

Last SUE: 0.00
Qual. Beats: 0

Revenue

Rev. CAGR: -2.53%
Rev. Trend: -54.9%

Last SUE: 0.12
Qual. Beats: 0

Warnings

Interest Coverage Ratio Critical

Below Avwap Earnings

Tailwinds

Confidence

Seasonality 11.6 years of data

Jan +2.4% 30

Feb +0.3% 7

Mar -1.1% 31

Apr -1.6% 18

May +3.9% 22

Jun -1.1% 5

Jul +3.5% 23

Aug -0.0% 2

Sep -2.7% 28

Oct -2.1% 39

Nov +5.5% 28

Dec -2.4% 24

How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.

Description: WERN Werner Enterprises

Werner Enterprises, Inc. (NASDAQ: WERN) is a Nebraska-based, asset-based truckload carrier founded in 1956 and headquartered in Omaha. The company transports general commodities in interstate and intrastate commerce across the United States, Mexico, Canada, and internationally, operating multiple specialized fleet segments including medium-to-long-haul vans, expedited driver-team services, regional short-haul, and temperature-controlled trailers for sensitive freight.

In addition to its owned-trucking operations, Werner provides non-asset-based logistics services, including truckload brokerage, freight management, intermodal rail transport through alliances with rail and drayage providers, and residential and commercial final-mile delivery of large or heavy goods. The company also generates ancillary revenue by selling and trading used trucks and trailers to original equipment manufacturers. As of December 31, 2025, Werner operated a fleet of approximately 7,100 trucks and 28,780 trailers.

Within the Industrials sector and the Cargo Ground Transportation sub-industry, Werner competes in a highly fragmented U.S. trucking market where carriers typically combine asset-based trucking with non-asset brokerage operations to improve truck utilization and offset cyclical freight-rate volatility. Its intermodal and final-mile segments also reflect the industrys broader shift toward offering shippers multi-modal, door-to-door supply chain solutions rather than single-mode linehaul service.

Headlines to Watch Out For

Dedicated truckload segment revenue expands with new contract wins
Truckload spot rates recover as freight cycle normalizes
Insurance and claims costs pressure operating margin
Used truck sale gains support quarterly earnings

Piotroski VR-10 (Strict) 5.5

Net Income: -46.3m TTM > 0 and > 6% of Revenue
FCF/TA: 0.02 > 0.02 and ΔFCF/TA 5.73 > 1.0
NWC/Revenue: 6.41% < 20% (prev 8.29%; Δ -1.88% < -1%)
CFO/TA 0.09 > 3% & CFO 273.7m > Net Income -46.3m
Net Debt (1.04b) to EBITDA (275.1m): 3.77 < 3
Current Ratio: 1.45 > 1.5 & < 3
Outstanding Shares: last quarter (60.2m) vs 12m ago -2.17% < -2%
Gross Margin: 57.83% > 18% (prev 9.83%; Δ 48.00% > 0.5%)
Asset Turnover: 106.3% > 50% (prev 100.0%; Δ 6.22% > 0%)
Interest Coverage Ratio: -0.58 > 6 (EBIT TTM -25.4m / Interest Expense TTM 43.5m)

Altman Z'' 3.13

A: 0.07 (Total Current Assets 675.3m - Total Current Liabilities 466.9m) / Total Assets 3.16b
B: 0.60 (Retained Earnings 1.89b / Total Assets 3.16b)
C: -0.01 (EBIT TTM -25.4m / Avg Total Assets 3.06b)
D: 0.77 (Book Value of Equity 1.36b / Total Liabilities 1.77b)
Altman-Z'' = 3.13 = A

Beneish M -3.62

DSRI: 1.05 (Receivables 508.5m/443.1m, Revenue 3.25b/2.97b)
GMI: 0.17 (GM 9.83% / 57.83%)
AQI: 1.11 (AQ_t 0.19 / AQ_t-1 0.17)
SGI: 1.10 (Revenue 3.25b / 2.97b)
TATA: -0.10 (NI -46.3m - CFO 273.7m) / TA 3.16b)
Beneish M = -3.62 (Cap -4..+1) = AAA

What is the price of WERN shares?

As of September 15, 2026, the stock is trading at USD 37.28 with a total of 1,149,518 shares traded. Over the past week, the price has changed by -3.17%, over one month by +2.33%, over three months by -14.69% and over the past year by +32.16%.

Current recommended Stop Loss: 35.10 (which is 5.8% or 1.6 ATR below the current price).

Is WERN a buy, sell or hold?

Werner Enterprises has received a consensus analysts rating of 2.87. Therefore, it is recommended to hold WERN.

StrongBuy: 1
Buy: 2
Hold: 8
Sell: 2
StrongSell: 2

What are the forecasts/targets for the WERN price?

Analysts Target Price	43.2	15.9%

Werner Enterprises (WERN) - Fundamental Data Overview as of 08 September 2026

Market Cap USD = 2.40b (2.40b USD * 1.0 USD.USD)
P/E Forward = 18.3486
P/S = 0.7385
P/B = 1.703
P/EG = 3.8335
Revenue TTM = 3.25b USD
EBIT TTM = -25.4m USD
EBITDA TTM = 275.1m USD
Long Term Debt = 793.0m USD (from longTermDebt, last quarter)
Short Term Debt = 72.0m USD (from shortTermDebt, last quarter)
Debt = 1.09b USD (from shortLongTermDebtTotal, last quarter) + Leases 151.9m
Net Debt = 1.04b USD (calculated: Debt 1.09b - CCE 57.0m)
Enterprise Value = 3.44b USD (2.40b + Debt 1.09b - CCE 57.0m)
Interest Coverage Ratio = -0.58 (Ebit TTM -25.4m / Interest Expense TTM 43.5m)
EV/FCF = 64.40x (Enterprise Value 3.44b / FCF TTM 53.4m)
FCF Yield = 1.55% (FCF TTM 53.4m / Enterprise Value 3.44b)
FCF Margin = 1.64% (FCF TTM 53.4m / Revenue TTM 3.25b)
Net Margin = -1.42% (Net Income TTM -46.3m / Revenue TTM 3.25b)
Gross Margin = 57.83% ((Revenue TTM 3.25b - Cost of Revenue TTM 1.37b) / Revenue TTM)
Gross Margin QoQ = none% (prev 4.88%)
Tobins Q-Ratio = 1.09 (Enterprise Value 3.44b / Total Assets 3.16b)
Interest Expense / Debt = 3.98% (Interest Expense 43.5m / Debt 1.09b)
Taxrate = 27.30% (2.00m / 7.34m)
NOPAT = -18.5m (EBIT -25.4m * (1 - 27.30%)) [loss with tax shield]
Current Ratio = 1.45 (Total Current Assets 675.3m / Total Current Liabilities 466.9m)
Debt / Equity = 0.81 (Debt 1.09b / totalStockholderEquity, last quarter 1.36b)
Debt / EBITDA = 3.77 (Net Debt 1.04b / EBITDA 275.1m)
Debt / FCF = 19.43 (Net Debt 1.04b / FCF TTM 53.4m)
Total Stockholder Equity = 1.37b (last 4 quarters mean from totalStockholderEquity)
RoA = -1.51% (Net Income -46.3m / Total Assets 3.16b)
RoE = -3.39% (Net Income TTM -46.3m / Total Stockholder Equity 1.37b)
RoCE = -1.18% (EBIT -25.4m / Capital Employed (Equity 1.37b + L.T.Debt 793.0m))
RoIC = -0.68% (negative operating profit) (NOPAT -18.5m / Invested Capital 2.70b)
WACC = 7.36% (E(2.40b)/V(3.49b) * Re(9.39%) + D(1.09b)/V(3.49b) * Rd(3.98%) * (1-Tc(0.27)))
Discount Rate = 9.39% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -95.85 | Cagr: -2.50%
[DCF] Terminal Value 75.44% ; FCFF base≈53.4m ; Y1≈53.6m ; Y5≈56.8m
[DCF] Fair Price = N/A (negative equity: EV 882.9m - Net Debt 1.04b = -153.9m; debt exceeds intrinsic value)
EPS Correlation: -80.13 | EPS CAGR: -76.76% | SUE: 0.0 | # QB: 0
Revenue Correlation: -54.92 | Revenue CAGR: -2.53% | SUE: 0.12 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.37 | Chg30d=+5.91% | Revisions=+56% | Analysts=15
EPS current Year (2026-12-31): EPS=1.09 | Chg30d=+4.13% | Revisions=+31% | GrowthEPS=+5539.7% | GrowthRev=+21.8%
EPS next Year (2027-12-31): EPS=2.21 | Chg30d=+3.07% | Revisions=+44% | GrowthEPS=+102.7% | GrowthRev=+7.5%
[Analyst] Revisions Ratio: +50% (up=30, down=9)