Werner Enterprises (WERN) Earning Somewhat Favorable News Coverage, Analysis Finds
Headlines about Werner Enterprises (NASDAQ:WERN) have trended somewhat positive recently, AlphaOne reports. The research group, a unit of Accern, identifies positive and negative media coverage by analyzing more than 20 million news and blog sources in real-time. AlphaOne ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Werner Enterprises earned a media sentiment score of 0.21 on AlphaOne’s scale. AlphaOne also assigned media stories about the transportation company an impact score of 46 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
These are some of the media stories that may have impacted Alpha One Sentiment’s scoring:
- Delivering heavy shipments to the home (dcvelocity.com)
- Britain eyes Brexit deal ´like no other in history´ (healthcaremenu.net)
- Amazon’s Bid For Whole Foods Has Wide-Spanning Implications For US Transportation Companies (finance.yahoo.com)
- ETFs with exposure to Werner Enterprises, Inc. : June 19, 2017 (finance.yahoo.com)
- Head to Head Analysis: Covenant Transportation Group (CVTI) and Werner Enterprises (WERN) (americanbankingnews.com)
Shares of Werner Enterprises (NASDAQ:WERN) traded down 0.51% on Tuesday, reaching $29.00. The company’s stock had a trading volume of 33,496 shares. The company has a 50 day moving average price of $27.39 and a 200 day moving average price of $27.19. Werner Enterprises has a 52-week low of $21.35 and a 52-week high of $30.20. The company has a market cap of $2.09 billion, a P/E ratio of 28.16 and a beta of 0.86.
Werner Enterprises (NASDAQ:WERN) last released its quarterly earnings results on Thursday, April 20th. The transportation company reported $0.22 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.20 by $0.02. The firm had revenue of $501.22 million for the quarter, compared to the consensus estimate of $491.97 million. Werner Enterprises had a return on equity of 7.61% and a net margin of 3.70%. The company’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same quarter last year, the business posted $0.28 EPS. On average, analysts anticipate that Werner Enterprises will post $1.14 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 18th. Stockholders of record on Wednesday, July 5th will be issued a $0.07 dividend. This is a boost from Werner Enterprises’s previous quarterly dividend of $0.06. The ex-dividend date is Friday, June 30th. This represents a $0.28 annualized dividend and a dividend yield of 0.96%. Werner Enterprises’s dividend payout ratio (DPR) is presently 23.30%.
A number of brokerages have recently issued reports on WERN. Vertical Research began coverage on Werner Enterprises in a research report on Thursday, April 13th. They set a “sell” rating and a $24.00 target price on the stock. Zacks Investment Research lowered Werner Enterprises from a “hold” rating to a “sell” rating in a research report on Thursday, April 6th. TheStreet lowered Werner Enterprises from a “b” rating to a “c+” rating in a research report on Friday, May 19th. Barclays PLC cut their target price on Werner Enterprises from $30.00 to $25.00 and set an “equal weight” rating on the stock in a research report on Monday, March 27th. Finally, Deutsche Bank AG reaffirmed a “hold” rating and set a $25.00 target price (down from $31.00) on shares of Werner Enterprises in a research report on Sunday, April 23rd. Two investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and two have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $25.30.
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About Werner Enterprises
Werner Enterprises, Inc is a transportation and logistics company. The Company is engaged in transporting truckload shipments of general commodities in both interstate and intrastate commerce. It operates through two segments: Truckload and Werner Logistics. It provides logistics services through its Werner Logistics division.
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