Werner Enterprises, Inc. (NASDAQ:WERN) has been given an average recommendation of “Hold” by the eighteen ratings firms that are presently covering the stock, MarketBeat Ratings reports. Three investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have assigned a buy rating to the company. The average 12 month target price among brokerages that have covered the stock in the last year is $39.13.

WERN has been the topic of several recent analyst reports. Wells Fargo & Co raised their target price on shares of Werner Enterprises from $29.00 to $35.00 and gave the stock a “market perform” rating in a report on Friday, October 20th. Credit Suisse Group cut their target price on shares of Werner Enterprises from $35.00 to $34.00 and set a “neutral” rating on the stock in a report on Friday, October 20th. Zacks Investment Research restated a “hold” rating and issued a $44.00 target price on shares of Werner Enterprises in a report on Saturday, January 13th. UBS Group upgraded shares of Werner Enterprises from a “neutral” rating to a “buy” rating and raised their target price for the stock from $37.00 to $47.00 in a report on Friday, January 5th. Finally, Cowen cut shares of Werner Enterprises from a “market perform” rating to an “underperform” rating in a report on Monday, October 16th.

Werner Enterprises (WERN) opened at $36.35 on Friday. The company has a quick ratio of 1.67, a current ratio of 1.72 and a debt-to-equity ratio of 0.06. Werner Enterprises has a fifty-two week low of $24.20 and a fifty-two week high of $43.95. The stock has a market cap of $2,590.00, a P/E ratio of 13.03, a PEG ratio of 1.36 and a beta of 0.93.

Werner Enterprises (NASDAQ:WERN) last issued its earnings results on Monday, January 29th. The transportation company reported $0.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.39 by $0.03. Werner Enterprises had a net margin of 9.59% and a return on equity of 8.64%. The firm had revenue of $567.37 million for the quarter, compared to analysts’ expectations of $554.58 million. During the same quarter last year, the business earned $0.30 earnings per share. The business’s revenue was up 9.4% on a year-over-year basis. research analysts forecast that Werner Enterprises will post 1.94 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Tuesday, January 16th. Investors of record on Tuesday, January 2nd were issued a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 0.77%. The ex-dividend date of this dividend was Friday, December 29th. Werner Enterprises’s dividend payout ratio (DPR) is currently 10.04%.

A number of large investors have recently added to or reduced their stakes in the stock. BlackRock Inc. lifted its position in Werner Enterprises by 8.5% during the fourth quarter. BlackRock Inc. now owns 5,222,363 shares of the transportation company’s stock valued at $201,843,000 after buying an additional 408,612 shares during the period. Vanguard Group Inc. lifted its position in Werner Enterprises by 0.5% during the second quarter. Vanguard Group Inc. now owns 3,663,764 shares of the transportation company’s stock valued at $107,531,000 after buying an additional 19,431 shares during the period. Victory Capital Management Inc. lifted its position in Werner Enterprises by 19.3% during the fourth quarter. Victory Capital Management Inc. now owns 2,178,748 shares of the transportation company’s stock valued at $84,209,000 after buying an additional 351,852 shares during the period. State Street Corp lifted its position in Werner Enterprises by 1.5% during the second quarter. State Street Corp now owns 1,644,663 shares of the transportation company’s stock valued at $48,274,000 after buying an additional 23,936 shares during the period. Finally, 1060 Capital LLC lifted its position in Werner Enterprises by 98.5% during the fourth quarter. 1060 Capital LLC now owns 466,491 shares of the transportation company’s stock valued at $18,030,000 after buying an additional 231,513 shares during the period. Institutional investors and hedge funds own 64.84% of the company’s stock.

ILLEGAL ACTIVITY NOTICE: This story was posted by Daily Political and is owned by of Daily Political. If you are viewing this story on another publication, it was illegally stolen and republished in violation of U.S. & international trademark & copyright law. The correct version of this story can be viewed at https://www.dailypolitical.com/2018/02/09/werner-enterprises-inc-wern-given-consensus-rating-of-hold-by-analysts.html.

Werner Enterprises Company Profile

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.

Analyst Recommendations for Werner Enterprises (NASDAQ:WERN)

Receive News & Ratings for Werner Enterprises Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Werner Enterprises and related companies with MarketBeat.com's FREE daily email newsletter.