UBS Group Cuts Werner Enterprises (NASDAQ:WERN) Price Target to $30.00

Werner Enterprises (NASDAQ:WERN - Get Free Report) had its target price decreased by analysts at UBS Group from $36.00 to $30.00 in a research report issued on Tuesday,Benzinga reports. The firm presently has a "neutral" rating on the transportation company's stock. UBS Group's target price suggests a potential upside of 8.89% from the stock's previous close.

WERN has been the subject of a number of other reports. Deutsche Bank Aktiengesellschaft started coverage on Werner Enterprises in a research note on Friday, March 7th. They issued a "hold" rating and a $33.00 price target for the company. Susquehanna dropped their price objective on Werner Enterprises from $39.00 to $32.00 and set a "neutral" rating on the stock in a research note on Wednesday, March 26th. Barclays reduced their target price on Werner Enterprises from $38.00 to $32.00 and set an "equal weight" rating for the company in a research note on Wednesday, April 2nd. The Goldman Sachs Group dropped their price target on Werner Enterprises from $36.00 to $28.00 and set a "sell" rating on the stock in a research note on Thursday, April 10th. Finally, Wells Fargo & Company reduced their price objective on shares of Werner Enterprises from $34.00 to $27.00 and set an "underweight" rating for the company in a research report on Thursday, March 27th. Four research analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $34.07.

Werner Enterprises Stock Down 4.5 %

NASDAQ WERN traded down $1.29 during trading on Tuesday, hitting $27.55. The stock had a trading volume of 631,354 shares, compared to its average volume of 800,868. The company has a market capitalization of $1.70 billion, a PE ratio of 50.09 and a beta of 1.06. Werner Enterprises has a 12 month low of $26.50 and a 12 month high of $42.48. The company's 50-day moving average price is $29.90 and its two-hundred day moving average price is $34.87. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.48 and a current ratio of 1.52.

Werner Enterprises (NASDAQ:WERN - Get Free Report) last released its earnings results on Thursday, February 6th. The transportation company reported $0.08 earnings per share for the quarter, missing analysts' consensus estimates of $0.23 by ($0.15). Werner Enterprises had a net margin of 1.13% and a return on equity of 2.27%. As a group, sell-side analysts forecast that Werner Enterprises will post 1.27 EPS for the current year.

Institutional Investors Weigh In On Werner Enterprises

A number of large investors have recently added to or reduced their stakes in the stock. MassMutual Private Wealth & Trust FSB lifted its position in shares of Werner Enterprises by 69.7% during the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 1,176 shares of the transportation company's stock valued at $34,000 after acquiring an additional 483 shares during the period. Headlands Technologies LLC acquired a new position in Werner Enterprises in the fourth quarter valued at about $39,000. Blue Trust Inc. lifted its position in Werner Enterprises by 64.7% during the fourth quarter. Blue Trust Inc. now owns 1,308 shares of the transportation company's stock worth $50,000 after purchasing an additional 514 shares during the period. Sterling Capital Management LLC grew its stake in Werner Enterprises by 796.3% during the fourth quarter. Sterling Capital Management LLC now owns 1,703 shares of the transportation company's stock worth $61,000 after buying an additional 1,513 shares in the last quarter. Finally, Quadrant Capital Group LLC increased its holdings in Werner Enterprises by 35.7% in the 4th quarter. Quadrant Capital Group LLC now owns 2,431 shares of the transportation company's stock valued at $87,000 after buying an additional 639 shares during the period. Institutional investors and hedge funds 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.