Werner Enterprises, Inc. (NASDAQ:WERN) Receives Average Recommendation of "Hold" from Analysts

Shares of Werner Enterprises, Inc. (NASDAQ:WERN - Get Free Report) have been given an average rating of "Hold" by the nine research firms that are covering the company, MarketBeat Ratings reports. One analyst has rated the stock with a sell recommendation, five have assigned a hold recommendation and three have given a buy recommendation to the company. The average 1-year price objective among analysts that have covered the stock in the last year is $44.50.

WERN has been the topic of several research analyst reports. Barclays cut shares of Werner Enterprises from an "overweight" rating to an "equal weight" rating and reduced their price target for the stock from $45.00 to $40.00 in a research report on Monday, April 1st. Susquehanna reduced their price target on shares of Werner Enterprises from $40.00 to $35.00 and set a "neutral" rating on the stock in a research report on Monday, March 25th. Stephens reaffirmed an "overweight" rating and set a $49.00 price target on shares of Werner Enterprises in a research report on Wednesday, February 7th. Stifel Nicolaus cut shares of Werner Enterprises from a "buy" rating to a "hold" rating and reduced their price target for the stock from $45.00 to $42.00 in a research report on Thursday, February 8th. Finally, TD Cowen increased their price target on shares of Werner Enterprises from $40.00 to $43.00 and gave the stock an "outperform" rating in a research report on Wednesday, February 7th.

Werner Enterprises Stock Up 1.2 %

NASDAQ:WERN traded up $0.44 on Tuesday, reaching $38.53. The stock had a trading volume of 313,108 shares, compared to its average volume of 602,878. The company has a current ratio of 1.92, a quick ratio of 1.87 and a debt-to-equity ratio of 0.42. The company has a 50-day moving average of $39.31 and a 200 day moving average of $39.47. The stock has a market cap of $2.44 billion, a P/E ratio of 21.89, a price-to-earnings-growth ratio of 1.07 and a beta of 0.78. Werner Enterprises has a 12-month low of $35.02 and a 12-month high of $47.27.

Werner Enterprises (NASDAQ:WERN - Get Free Report) last posted its quarterly earnings data on Monday, February 5th. The transportation company reported $0.39 earnings per share for the quarter, missing analysts' consensus estimates of $0.44 by ($0.05). The firm had revenue of $821.90 million during the quarter, compared to analysts' expectations of $820.90 million. Werner Enterprises had a net margin of 3.42% and a return on equity of 8.17%. The business's quarterly revenue was down 4.6% on a year-over-year basis. During the same period in the previous year, the company earned $0.99 earnings per share. On average, research analysts predict that Werner Enterprises will post 2.09 earnings per share for the current year.

Werner Enterprises Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 1st. Investors of record on Monday, April 15th will be paid a dividend of $0.14 per share. The ex-dividend date is Friday, April 12th. This represents a $0.56 annualized dividend and a yield of 1.45%. Werner Enterprises's dividend payout ratio (DPR) is 31.82%.

Institutional Investors Weigh In On Werner Enterprises

A number of hedge funds have recently made changes to their positions in WERN. Dark Forest Capital Management LP bought a new stake in shares of Werner Enterprises during the first quarter valued at approximately $26,000. Blue Trust Inc. raised its holdings in shares of Werner Enterprises by 139.9% during the fourth quarter. Blue Trust Inc. now owns 703 shares of the transportation company's stock valued at $30,000 after buying an additional 410 shares during the last quarter. Advisors Asset Management Inc. raised its holdings in shares of Werner Enterprises by 135.2% during the fourth quarter. Advisors Asset Management Inc. now owns 821 shares of the transportation company's stock valued at $33,000 after buying an additional 472 shares during the last quarter. Headlands Technologies LLC bought a new stake in shares of Werner Enterprises during the third quarter valued at approximately $36,000. Finally, Planned Solutions Inc. bought a new stake in shares of Werner Enterprises during the fourth quarter valued at approximately $57,000. Institutional investors own 89.32% of the company's stock.

About Werner Enterprises

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.