Werner Enterprises, Inc. (NASDAQ:WERN) Receives $37.50 Consensus PT from Analysts

Shares of Werner Enterprises, Inc. (NASDAQ:WERN) have been assigned an average recommendation of “Reduce” from the fourteen analysts that are covering the stock, MarketBeat reports. Five equities research analysts have rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the company. The average 1-year target price among brokerages that have issued a report on the stock in the last year is $37.29.

A number of brokerages have commented on WERN. Evercore ISI lowered their target price on Werner Enterprises from $35.00 to $32.00 and set an “in-line” rating on the stock in a report on Wednesday, October 30th. Morgan Stanley dropped their price target on shares of Werner Enterprises from $55.00 to $52.00 and set an “overweight” rating for the company in a research report on Wednesday, October 30th. JPMorgan Chase & Co. reduced their price target on shares of Werner Enterprises from $37.00 to $34.00 and set an “underweight” rating on the stock in a research report on Wednesday, October 30th. Wells Fargo & Company decreased their target price on shares of Werner Enterprises from $36.00 to $34.00 and set an “underweight” rating for the company in a research note on Friday. Finally, Stifel Nicolaus raised their price objective on Werner Enterprises from $30.00 to $35.00 and gave the company a “hold” rating in a research note on Thursday, January 23rd.

Werner Enterprises Trading Down 0.6 %

NASDAQ:WERN opened at $34.44 on Monday. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.49 and a current ratio of 1.53. Werner Enterprises has a 1 year low of $33.12 and a 1 year high of $42.48. The stock has a fifty day moving average price of $36.95 and a two-hundred day moving average price of $37.53. The stock has a market capitalization of $2.13 billion, a price-to-earnings ratio of 47.18, a PEG ratio of 15.87 and a beta of 0.84.

Werner Enterprises (NASDAQ:WERN) last posted its earnings results on Thursday, February 6th. The transportation company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.15). Werner Enterprises had a return on equity of 3.58% and a net margin of 1.48%. As a group, sell-side analysts anticipate that Werner Enterprises will post 0.67 earnings per share for the current fiscal year.

Werner Enterprises Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, January 15th. Shareholders of record on Thursday, January 2nd were given a $0.14 dividend. This represents a $0.56 annualized dividend and a yield of 1.63%. The ex-dividend date was Thursday, January 2nd. Werner Enterprises’s dividend payout ratio is presently 76.71%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. GAMMA Investing LLC boosted its position in Werner Enterprises by 145.7% during the 3rd quarter. GAMMA Investing LLC now owns 801 shares of the transportation company’s stock worth $31,000 after acquiring an additional 475 shares during the period. Blue Trust Inc. raised its holdings in shares of Werner Enterprises by 64.7% in the 4th quarter. Blue Trust Inc. now owns 1,308 shares of the transportation company’s stock worth $50,000 after purchasing an additional 514 shares in the last quarter. International Assets Investment Management LLC raised its position in shares of Werner Enterprises by 2,390.3% during the third quarter. International Assets Investment Management LLC now owns 1,544 shares of the transportation company’s stock worth $60,000 after purchasing an additional 1,482 shares during the period. KBC Group NV lifted its position in shares of Werner Enterprises by 43.1% in the 3rd quarter. KBC Group NV now owns 2,071 shares of the transportation company’s stock valued at $80,000 after acquiring an additional 624 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB purchased a new stake in Werner Enterprises in the 3rd quarter worth about $96,000. 89.32% of the stock is owned by institutional investors and hedge funds.

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.