Werner Enterprises is a transportation and logistics company engaged primarily in transporting truckload shipments of general commodities in both interstate and intrastate commerce. Co. also provides logistics services through its Werner Logistics segment. Co. has two reportable segments: Truckload Transportation Services, which provides truckload services dedicated to a specific customer generally for a retail distribution center or manufacturing facility, and includes the medium-to-long-haul van fleet, expedited fleet, regional short-haul fleet, and the Temperature Controlled fleet; and Werner Logistics, which is a non-asset-based transportation and logistics provider. We show 50 historical shares outstanding datapoints in our WERN shares outstanding history coverage, used to compute WERN market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing WERN market cap history over the course of time is important for investors
interested in comparing WERN's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of WERN versus a peer is one thing; comparing
WERN market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like WERN can fluctuate over the course of history.
With this page we aim to empower investors researching WERN by allowing them to research the WERN market cap history. |