Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Werner Enterprises (WERN) Stock Price
Media headlines about Werner Enterprises (NASDAQ:WERN) have trended somewhat positive this week, Accern Sentiment reports. The research firm ranks the sentiment of press coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Werner Enterprises earned a news sentiment score of 0.06 on Accern’s scale. Accern also gave news coverage about the transportation company an impact score of 46.8974408459932 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the media stories that may have effected Accern Sentiment Analysis’s scoring:
- Werner Enterprises (WERN) Expected to Announce Earnings of $0.37 Per Share (americanbankingnews.com)
- Werner Enterprises (WERN) Stock Rating Upgraded by Bank of America (americanbankingnews.com)
- Cowen Increases Werner Enterprises (WERN) Price Target to $31.00 (americanbankingnews.com)
- This Morning’s Technical Outlook on Trucking Stocks – Echo Global Logistics, Schneider National, Werner Enterprises, and YRC Worldwide (menafn.com)
- Werner CEO and Freedom Driver Discuss Tax Cuts at White House Event (finance.yahoo.com)
A number of equities analysts have recently issued reports on the company. BidaskClub downgraded Werner Enterprises from a “buy” rating to a “hold” rating in a research report on Tuesday, April 10th. Stifel Nicolaus assumed coverage on Werner Enterprises in a research report on Friday, April 6th. They set a “buy” rating and a $43.00 price objective for the company. Zacks Investment Research downgraded Werner Enterprises from a “buy” rating to a “hold” rating in a research report on Saturday, April 7th. Stephens restated a “buy” rating and set a $48.00 price objective on shares of Werner Enterprises in a research report on Wednesday, January 10th. Finally, Deutsche Bank upgraded Werner Enterprises from a “hold” rating to a “buy” rating and set a $43.00 price objective for the company in a research report on Monday, April 2nd. Two research analysts have rated the stock with a sell rating, eight have given a hold rating and six have assigned a buy rating to the company. The company has an average rating of “Hold” and an average price target of $41.71.
Werner Enterprises (NASDAQ:WERN) last released its earnings results on Monday, January 29th. The transportation company reported $0.42 EPS for the quarter, topping the consensus estimate of $0.39 by $0.03. Werner Enterprises had a return on equity of 8.64% and a net margin of 9.59%. The business had revenue of $567.37 million during the quarter, compared to analysts’ expectations of $554.58 million. During the same quarter last year, the firm posted $0.30 earnings per share. The firm’s revenue was up 9.4% on a year-over-year basis. research analysts predict that Werner Enterprises will post 1.98 EPS for the current fiscal year.
The firm also recently announced a quarterly dividend, which will be paid on Tuesday, May 1st. Investors of record on Monday, April 16th will be paid a dividend of $0.07 per share. The ex-dividend date is Friday, April 13th. This represents a $0.28 annualized dividend and a yield of 0.75%. Werner Enterprises’s dividend payout ratio is currently 22.05%.
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About Werner Enterprises
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, China, and Australia. It operates through two segments, Truckload Transportation Services and Werner Logistics.
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