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Bull Of The Day: Werner Enterprises (WERN)

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Werner Enterprises (WERN - Free Report) is a Zacks Rank #1 (Strong Buy) and sports a clean slate of A's for the Zacks Style Scores.  With all that going for it, you should not be surprised that I picked it as the Bull of the Day.

Description

Werner Enterprises is a transportation company primarily engaged in hauling truckload shipments of general commodities in both interstate and intrastate commerce. The Company operates throughout the 48 contiguous states pursuant to operating authority, both common and contract, granted by the Department of Transportation and pursuant to intrastate authority granted by various states. They also have authority to operate in the ten provinces of Canada and have through trailer service in and out of Mexico.

Earnings History

WERN has a good earnings history, beating the Zacks Consensus Estimate in three of the last four quarters. 

Earnings Estimates

The Zacks Consensus Estimate for WERN has been moving higher over the last three months. The 2017 number has moved from $1.13 to $1.24 over the last 90 days while the 2018 number has increased from $1.40 to $1.50 over the same time period.

Valuation

The best way to show the valuation for WERN is to look at the same table that I generally go to when I look at any stock.  Here is what I see:

Yes the PE is a little above the industry average, but the price to book and price to sales multiples are below the industry average.   The company is slated to grow earnings by 13% this year, and that is more than triple the industry average. 

Chart

 

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