Analysts’ Recent Ratings Changes for Werner Enterprises (WERN)

Several brokerages have updated their recommendations and price targets on shares of Werner Enterprises (NASDAQ: WERN) in the last few weeks:

  • 7/26/2019 – Werner Enterprises had its price target lowered by analysts at Credit Suisse Group AG from $29.00 to $28.00. They now have an “underperform” rating on the stock.
  • 7/26/2019 – Werner Enterprises had its price target lowered by analysts at Morgan Stanley from $42.00 to $41.00. They now have an “overweight” rating on the stock.
  • 7/24/2019 – Werner Enterprises was upgraded by analysts at ValuEngine from a “sell” rating to a “hold” rating.
  • 7/24/2019 – Werner Enterprises was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 7/11/2019 – Werner Enterprises was downgraded by analysts at Credit Suisse Group AG from a “neutral” rating to an “underperform” rating.
  • 7/11/2019 – Werner Enterprises was given a new $39.00 price target on by analysts at Deutsche Bank AG. They now have a “buy” rating on the stock.
  • 7/8/2019 – Werner Enterprises was given a new $42.00 price target on by analysts at Morgan Stanley. They now have a “buy” rating on the stock.
  • 7/2/2019 – Werner Enterprises was downgraded by analysts at ValuEngine from a “hold” rating to a “sell” rating.
  • 7/1/2019 – Werner Enterprises is now covered by analysts at Stephens. They set a “buy” rating on the stock.
  • 6/22/2019 – Werner Enterprises was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 6/15/2019 – Werner Enterprises was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 6/5/2019 – Werner Enterprises was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.

WERN traded down $0.14 on Thursday, hitting $33.01. 1,212 shares of the company’s stock were exchanged, compared to its average volume of 680,950. The company’s fifty day simple moving average is $31.26. Werner Enterprises, Inc. has a twelve month low of $27.27 and a twelve month high of $40.80. The firm has a market capitalization of $2.29 billion, a price-to-earnings ratio of 13.87, a PEG ratio of 1.56 and a beta of 1.23. The company has a current ratio of 1.98, a quick ratio of 1.94 and a debt-to-equity ratio of 0.38.

Werner Enterprises (NASDAQ:WERN) last announced its quarterly earnings results on Thursday, July 25th. The transportation company reported $0.63 EPS for the quarter, missing the consensus estimate of $0.64 by ($0.01). Werner Enterprises had a net margin of 7.26% and a return on equity of 15.11%. The firm had revenue of $627.53 million during the quarter, compared to analyst estimates of $634.67 million. During the same quarter in the previous year, the business posted $0.61 EPS. Werner Enterprises’s revenue for the quarter was up 1.4% compared to the same quarter last year. On average, equities analysts expect that Werner Enterprises, Inc. will post 2.45 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 16th. Shareholders of record on Monday, July 1st were paid a $0.09 dividend. The ex-dividend date of this dividend was Friday, June 28th. This represents a $0.36 annualized dividend and a dividend yield of 1.09%. Werner Enterprises’s payout ratio is currently 15.13%.

Several large investors have recently made changes to their positions in the business. Motco bought a new position in shares of Werner Enterprises in the first quarter valued at approximately $33,000. Zions Bancorporation N.A. bought a new position in shares of Werner Enterprises in the first quarter valued at approximately $58,000. Advisor Group Inc. boosted its holdings in shares of Werner Enterprises by 145.4% in the fourth quarter. Advisor Group Inc. now owns 2,123 shares of the transportation company’s stock valued at $61,000 after acquiring an additional 1,258 shares in the last quarter. Parallel Advisors LLC boosted its holdings in shares of Werner Enterprises by 35.7% in the first quarter. Parallel Advisors LLC now owns 2,103 shares of the transportation company’s stock valued at $72,000 after acquiring an additional 553 shares in the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of Werner Enterprises by 19.7% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,649 shares of the transportation company’s stock valued at $82,000 after acquiring an additional 436 shares in the last quarter. Institutional investors own 66.87% of the company’s stock.

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, and China. It operates in two segments, Truckload Transportation Services and Werner Logistics.

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