The USD 27.85 support area, currently tested, should initiate a technical rebound. The company’s fundamentals could validate this scenario.
Financials forecasts are encouraging, while sales and EBITDA should keep on rising, the net income is expected to have a 2 digit growth. There is a +16% potential for the share to reach the consensus average target price.
The security, currently in oversold situation, is evolving within a downtrend in the medium term. In the short term, this trend could be reversed by the USD 27.85 support. This level represents a buying opportunity in the context of a foreseeable technical rebound toward USD 29.9 and by extension USD 29.9.
Thus, investors may benefit from this bargain by opening a long position in the USD 27.85 area and target the short term resistance. A stop loss order at USD 27 in order to avoid important losses.
Werner Enterprises, Inc. is a transportation and logistics company, which is engaged primarily in transporting truckload shipments of general commodities in both interstate and intrastate commerce. The Company has two segments: Truckload Transportation Services (TTS) and Werner Logistics. TTS segment consists of Dedicated and One-Way Truckload. Dedicated has 5,265 trucks and provides truckload services dedicated to a specific customer, generally for a retail distribution center or manufacturing facility, utilizing either dry van or specialized trailers. One-Way Truckload has 2,735 trucks and includes various operating fleets, such as the medium-to-long-haul van (Van) fleet, the expedited (Expedited) fleet, the regional short-haul (Regional) fleet and the Temperature Controlled fleet. Werner Logistics segment is a non-asset-based transportation and logistics provider. The segment provides services throughout North America.
WERNER ENTERPRISES, INC. 
