Werner Enterprises (NASDAQ:WERN) Given New $25.00 Price Target at Susquehanna

Werner Enterprises (NASDAQ:WERN - Get Free Report) had its price target lifted by analysts at Susquehanna from $23.00 to $25.00 in a report issued on Tuesday,Benzinga reports. The brokerage presently has a "neutral" rating on the transportation company's stock. Susquehanna's price target suggests a potential downside of 9.26% from the company's current price.

Several other research analysts have also recently commented on WERN. Wall Street Zen cut shares of Werner Enterprises from a "hold" rating to a "sell" rating in a report on Thursday, May 8th. TD Cowen reduced their price objective on shares of Werner Enterprises from $33.00 to $30.00 and set a "buy" rating for the company in a research note on Wednesday, April 30th. Evercore ISI downgraded Werner Enterprises from an "in-line" rating to an "underperform" rating and lowered their target price for the company from $27.00 to $21.00 in a research report on Wednesday, April 30th. Bank of America increased their price target on Werner Enterprises from $26.00 to $27.00 and gave the company an "underperform" rating in a research report on Friday, June 13th. Finally, UBS Group lowered their price target on Werner Enterprises from $30.00 to $27.00 and set a "neutral" rating on the stock in a research report on Monday, May 5th. Five analysts have rated the stock with a sell rating, seven have issued a hold rating and three have issued a buy rating to the company. According to data from MarketBeat.com, Werner Enterprises presently has an average rating of "Hold" and a consensus target price of $30.64.

Werner Enterprises Trading Down 0.3%

Shares of Werner Enterprises stock traded down $0.09 during trading hours on Tuesday, hitting $27.55. The company's stock had a trading volume of 890,221 shares, compared to its average volume of 792,484. The company has a market capitalization of $1.70 billion, a PE ratio of 95.00, a price-to-earnings-growth ratio of 1.29 and a beta of 1.06. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.66 and a quick ratio of 1.62. The stock has a 50 day moving average of $27.11 and a 200 day moving average of $31.37. Werner Enterprises has a 12 month low of $23.02 and a 12 month high of $42.48.

Werner Enterprises (NASDAQ:WERN - Get Free Report) last announced its quarterly earnings results on Tuesday, April 29th. The transportation company reported ($0.12) earnings per share for the quarter, missing analysts' consensus estimates of $0.12 by ($0.24). The company had revenue of $712.11 million during the quarter, compared to the consensus estimate of $738.41 million. Werner Enterprises had a net margin of 0.60% and a return on equity of 1.20%. The business's quarterly revenue was down 7.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.14 EPS. Analysts predict that Werner Enterprises will post 1.27 earnings per share for the current year.

Institutional Trading of Werner Enterprises

Institutional investors and hedge funds have recently made changes to their positions in the company. State of New Jersey Common Pension Fund D grew its holdings in shares of Werner Enterprises by 0.7% during the 4th quarter. State of New Jersey Common Pension Fund D now owns 53,495 shares of the transportation company's stock valued at $1,922,000 after purchasing an additional 359 shares during the last quarter. Principal Financial Group Inc. increased its holdings in shares of Werner Enterprises by 2.9% during the fourth quarter. Principal Financial Group Inc. now owns 299,987 shares of the transportation company's stock worth $10,776,000 after buying an additional 8,385 shares in the last quarter. CIBC Asset Management Inc lifted its stake in shares of Werner Enterprises by 4.6% in the 4th quarter. CIBC Asset Management Inc now owns 6,168 shares of the transportation company's stock valued at $222,000 after acquiring an additional 274 shares during the last quarter. New York State Common Retirement Fund boosted its holdings in shares of Werner Enterprises by 3.8% during the 4th quarter. New York State Common Retirement Fund now owns 252,711 shares of the transportation company's stock valued at $9,077,000 after acquiring an additional 9,219 shares in the last quarter. Finally, Handelsbanken Fonder AB boosted its holdings in shares of Werner Enterprises by 8.5% during the 4th quarter. Handelsbanken Fonder AB now owns 20,430 shares of the transportation company's stock valued at $734,000 after acquiring an additional 1,600 shares in the last quarter. Institutional investors own 89.32% of the company's stock.

Werner Enterprises Company Profile

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.