Werner Enterprises (NASDAQ:WERN) Announces Earnings Results

Werner Enterprises (NASDAQ:WERN) posted its earnings results on Thursday. The transportation company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.15), Zacks reports. Werner Enterprises had a net margin of 1.48% and a return on equity of 3.58%.

Werner Enterprises Trading Down 0.5 %

NASDAQ:WERN opened at $34.65 on Friday. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.53 and a quick ratio of 1.49. The firm has a market capitalization of $2.14 billion, a P/E ratio of 47.47, a P/E/G ratio of 15.87 and a beta of 0.84. Werner Enterprises has a 12-month low of $33.12 and a 12-month high of $42.48. The business has a 50 day simple moving average of $37.08 and a 200 day simple moving average of $37.55.

Werner Enterprises Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Thursday, January 2nd were issued a dividend of $0.14 per share. The ex-dividend date was Thursday, January 2nd. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.62%. Werner Enterprises’s dividend payout ratio (DPR) is 76.71%.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. TD Cowen boosted their price target on Werner Enterprises from $40.00 to $41.00 and gave the stock a “buy” rating in a report on Wednesday, October 30th. Susquehanna upgraded Werner Enterprises from a “negative” rating to a “neutral” rating and set a $38.00 price target for the company in a report on Friday, January 3rd. Morgan Stanley lowered their price objective on Werner Enterprises from $55.00 to $52.00 and set an “overweight” rating for the company in a research report on Wednesday, October 30th. Evercore ISI decreased their target price on shares of Werner Enterprises from $35.00 to $32.00 and set an “in-line” rating on the stock in a research report on Wednesday, October 30th. Finally, Barclays boosted their price target on Werner Enterprises from $36.00 to $40.00 and gave the company an “equal weight” rating in a research report on Wednesday, November 13th. Six investment analysts have rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $37.50.

Werner Enterprises Company Profile

Werner Enterprises, Inc, together with its subsidiaries, engages in transporting truckload shipments of general commodities in interstate and intrastate commerce in the United States, Mexico, and internationally. The company operates through two segments, Truckload Transportation Services and Werner Logistics.