Werner Enterprises (NASDAQ:WERN) was upgraded by investment analysts at BidaskClub from a “hold” rating to a “buy” rating in a research note issued to investors on Wednesday.

A number of other equities research analysts have also recently commented on WERN. ValuEngine upgraded Werner Enterprises from a “hold” rating to a “buy” rating in a research report on Saturday, May 26th. Morgan Stanley raised their target price on Werner Enterprises from $37.00 to $48.00 and gave the company an “overweight” rating in a research report on Tuesday, January 30th. Cowen restated an “underperform” rating and set a $35.00 target price (down from $36.00) on shares of Werner Enterprises in a research report on Friday, April 20th. Stifel Nicolaus assumed coverage on Werner Enterprises in a research report on Friday, April 6th. They set a “buy” rating and a $43.00 target price on the stock. Finally, Credit Suisse Group raised their target price on Werner Enterprises from $38.00 to $39.00 and gave the company a “neutral” rating in a research report on Friday, April 20th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating and eight have assigned a buy rating to the company’s stock. Werner Enterprises presently has an average rating of “Hold” and a consensus target price of $41.43.

NASDAQ:WERN opened at $39.20 on Wednesday. Werner Enterprises has a 52 week low of $26.65 and a 52 week high of $43.95. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.89 and a current ratio of 1.94. The stock has a market cap of $2.82 billion, a PE ratio of 30.87, a price-to-earnings-growth ratio of 1.33 and a beta of 0.99.

Werner Enterprises (NASDAQ:WERN) last posted its earnings results on Thursday, April 19th. The transportation company reported $0.38 EPS for the quarter, beating the Zacks’ consensus estimate of $0.36 by $0.02. Werner Enterprises had a return on equity of 9.30% and a net margin of 9.86%. The firm had revenue of $562.68 million for the quarter, compared to analysts’ expectations of $553.72 million. During the same period last year, the firm earned $0.22 EPS. The company’s quarterly revenue was up 12.3% on a year-over-year basis. analysts expect that Werner Enterprises will post 2.01 EPS for the current fiscal year.

In other news, Director Diane K. Duren acquired 7,000 shares of the stock in a transaction that occurred on Tuesday, April 24th. The shares were bought at an average cost of $36.19 per share, for a total transaction of $253,330.00. Following the acquisition, the director now owns 8,934 shares in the company, valued at approximately $323,321.46. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 34.50% of the company’s stock.

A number of hedge funds have recently bought and sold shares of WERN. Schwab Charles Investment Management Inc. boosted its holdings in Werner Enterprises by 2.8% in the 4th quarter. Schwab Charles Investment Management Inc. now owns 413,155 shares of the transportation company’s stock worth $15,969,000 after buying an additional 11,349 shares during the last quarter. SG Americas Securities LLC boosted its holdings in Werner Enterprises by 134.9% in the 4th quarter. SG Americas Securities LLC now owns 12,337 shares of the transportation company’s stock worth $477,000 after buying an additional 7,084 shares during the last quarter. Mutual of America Capital Management LLC boosted its holdings in Werner Enterprises by 7.6% in the 4th quarter. Mutual of America Capital Management LLC now owns 37,450 shares of the transportation company’s stock worth $1,447,000 after buying an additional 2,660 shares during the last quarter. 1060 Capital LLC boosted its holdings in Werner Enterprises by 98.5% in the 4th quarter. 1060 Capital LLC now owns 466,491 shares of the transportation company’s stock worth $18,030,000 after buying an additional 231,513 shares during the last quarter. Finally, Engineers Gate Manager LP acquired a new stake in Werner Enterprises in the 4th quarter worth about $2,768,000. Institutional investors own 68.10% of the company’s stock.

Werner Enterprises Company Profile

Werner Enterprises, Inc, a transportation and logistics company, engages in transporting truckload shipments of general commodities in interstate and intrastate commerce in the United States, Mexico, Canada, China, and Australia. It operates through two segments, Truckload Transportation Services and Werner Logistics.

Analyst Recommendations for Werner Enterprises (NASDAQ:WERN)

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