Shares of Werner Enterprises, Inc. (NASDAQ:WERN) have earned an average rating of “Hold” from the eighteen analysts that are covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a sell recommendation, ten have issued a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $39.13.

Several research analysts have recently commented on the stock. Stephens reaffirmed a “buy” rating and issued a $48.00 price target on shares of Werner Enterprises in a report on Wednesday, January 10th. Morgan Stanley lifted their price target on shares of Werner Enterprises from $37.00 to $48.00 and gave the company an “overweight” rating in a report on Tuesday, January 30th. BidaskClub lowered shares of Werner Enterprises from a “buy” rating to a “hold” rating in a report on Tuesday. Zacks Investment Research raised shares of Werner Enterprises from a “hold” rating to a “buy” rating and set a $44.00 price target for the company in a report on Saturday, January 6th. Finally, Bank of America lifted their price target on shares of Werner Enterprises from $36.00 to $41.00 and gave the company an “underperform” rating in a report on Tuesday, January 30th.

Institutional investors have recently bought and sold shares of the business. ING Groep NV acquired a new position in Werner Enterprises during the 3rd quarter valued at about $201,000. Crossmark Global Holdings Inc. bought a new stake in shares of Werner Enterprises during the 3rd quarter worth about $203,000. Rehmann Capital Advisory Group bought a new stake in shares of Werner Enterprises during the 3rd quarter worth about $233,000. Amalgamated Bank bought a new stake in shares of Werner Enterprises during the 3rd quarter worth about $234,000. Finally, Virtu Financial LLC bought a new stake in shares of Werner Enterprises during the 4th quarter worth about $248,000. 65.55% of the stock is owned by hedge funds and other institutional investors.

Werner Enterprises (WERN) traded down $0.15 during midday trading on Friday, hitting $36.20. 1,596,000 shares of the stock traded hands, compared to its average volume of 1,006,659. Werner Enterprises has a 1-year low of $24.20 and a 1-year high of $43.95. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.72 and a quick ratio of 1.67. The firm has a market cap of $2,632.07, a price-to-earnings ratio of 12.94, a PEG ratio of 1.27 and a beta of 0.93.

Werner Enterprises (NASDAQ:WERN) last posted its quarterly earnings results on Monday, January 29th. The transportation company reported $0.42 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.39 by $0.03. Werner Enterprises had a net margin of 9.59% and a return on equity of 8.64%. The business had revenue of $567.37 million during the quarter, compared to analyst estimates of $554.58 million. During the same period in the previous year, the business posted $0.30 EPS. The company’s quarterly revenue was up 9.4% on a year-over-year basis. equities research analysts expect that Werner Enterprises will post 1.97 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Tuesday, January 16th. Shareholders of record on Tuesday, January 2nd were paid a dividend of $0.07 per share. This represents a $0.28 dividend on an annualized basis and a yield of 0.77%. The ex-dividend date was Friday, December 29th. Werner Enterprises’s payout ratio is 10.04%.

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Werner Enterprises Company Profile

Werner Enterprises, Inc is a transportation and logistics company. The Company is engaged in transporting truckload shipments of general commodities in both interstate and intrastate commerce. It operates through two segments: Truckload and Werner Logistics. It provides logistics services through its Werner Logistics division.

Analyst Recommendations for Werner Enterprises (NASDAQ:WERN)

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