Shares of Werner Enterprises, Inc. (NASDAQ:WERN) have been given an average rating of “Hold” by the sixteen brokerages that are currently covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and seven have issued a buy recommendation on the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $38.70.

A number of research analysts have recently weighed in on the company. BidaskClub raised Werner Enterprises from a “hold” rating to a “buy” rating in a research report on Thursday. ValuEngine raised Werner Enterprises from a “sell” rating to a “hold” rating in a research report on Wednesday, July 24th. Morgan Stanley lowered their price objective on Werner Enterprises from $42.00 to $41.00 and set an “overweight” rating on the stock in a research report on Friday, July 26th. Deutsche Bank set a $39.00 price objective on Werner Enterprises and gave the company a “buy” rating in a research report on Thursday, July 11th. Finally, Stephens started coverage on Werner Enterprises in a report on Monday, July 1st. They issued a “buy” rating on the stock.

Shares of WERN stock traded up $0.26 during trading hours on Friday, reaching $35.29. 585,400 shares of the company traded hands, compared to its average volume of 663,432. Werner Enterprises has a 12-month low of $27.27 and a 12-month high of $40.80. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.98 and a quick ratio of 1.94. The company has a market cap of $2.37 billion, a P/E ratio of 14.83, a P/E/G ratio of 1.64 and a beta of 1.23. The firm has a 50-day moving average price of $32.24 and a 200 day moving average price of $32.48.

Werner Enterprises (NASDAQ:WERN) last posted its quarterly earnings data on Thursday, July 25th. The transportation company reported $0.63 earnings per share for the quarter, missing the Zacks’ 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 company had revenue of $627.53 million for the quarter, compared to analysts’ expectations of $634.67 million. During the same period in the previous year, the firm earned $0.61 earnings per share. The firm’s quarterly revenue was up 1.4% on a year-over-year basis. Sell-side analysts predict that Werner Enterprises will post 2.42 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 22nd. Investors of record on Monday, October 7th will be issued a $0.09 dividend. The ex-dividend date is Friday, October 4th. This represents a $0.36 dividend on an annualized basis and a yield of 1.02%. Werner Enterprises’s dividend payout ratio is presently 15.13%.

A number of hedge funds and other institutional investors have recently bought and sold shares of WERN. Dimensional Fund Advisors LP lifted its holdings in Werner Enterprises by 1.6% in the 4th quarter. Dimensional Fund Advisors LP now owns 5,276,525 shares of the transportation company’s stock worth $155,871,000 after purchasing an additional 81,429 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Werner Enterprises by 5.3% during the 4th quarter. Geode Capital Management LLC now owns 527,516 shares of the transportation company’s stock worth $15,582,000 after acquiring an additional 26,459 shares in the last quarter. BNP Paribas Arbitrage SA raised its holdings in shares of Werner Enterprises by 1,109.5% during the 1st quarter. BNP Paribas Arbitrage SA now owns 9,785 shares of the transportation company’s stock worth $334,000 after acquiring an additional 8,976 shares in the last quarter. Parallel Advisors LLC raised its holdings in shares of Werner Enterprises by 35.7% during the 1st quarter. Parallel Advisors LLC now owns 2,103 shares of the transportation company’s stock worth $72,000 after acquiring an additional 553 shares in the last quarter. Finally, Rhumbline Advisers raised its holdings in shares of Werner Enterprises by 2.2% during the 1st quarter. Rhumbline Advisers now owns 151,289 shares of the transportation company’s stock worth $5,167,000 after acquiring an additional 3,195 shares in the last quarter. 68.29% of the stock is currently owned by institutional investors.

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

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Analyst Recommendations for Werner Enterprises (NASDAQ:WERN)

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