Werner Enterprises VP Robert E. Synowicki, Jr. Sells 5,000 Shares (WERN)
Werner Enterprises (NASDAQ:WERN) VP Robert E. Synowicki, Jr. sold 5,000 shares of Werner Enterprises stock in a transaction dated Monday, June 2nd. The shares were sold at an average price of $26.40, for a total value of $132,000.00. Following the completion of the sale, the vice president now directly owns 19,581 shares of the company’s stock, valued at approximately $516,938. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Separately, analysts at Robert W. Baird raised their price target on shares of Werner Enterprises from $27.00 to $28.00 in a research note on Wednesday, April 9th. One investment analyst has rated the stock with a sell rating, thirteen have issued a hold rating and two have issued a buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $25.53.
Werner Enterprises (NASDAQ:WERN) traded up 0.31% during mid-day trading on Wednesday, hitting $26.15. The stock had a trading volume of 245,788 shares. Werner Enterprises has a one year low of $22.61 and a one year high of $26.87. The stock has a 50-day moving average of $25.77 and a 200-day moving average of $25.32. The company has a market cap of $1.888 billion and a P/E ratio of 22.85.
Werner Enterprises (NASDAQ:WERN) last posted its quarterly earnings results on Monday, April 21st. The company reported $0.20 EPS for the quarter, missing the Thomson Reuters consensus estimate of $0.21 by $0.01. The company had revenue of $492.02 million for the quarter, compared to the consensus estimate of $500.27 million. During the same quarter in the prior year, the company posted $0.24 earnings per share. The company’s quarterly revenue was down .2% on a year-over-year basis. Analysts expect that Werner Enterprises will post $1.28 EPS for the current fiscal year.
Werner Enterprises, Inc is a transportation and logistics company engaged primarily in hauling truckload shipments of general commodities in both interstate and intrastate commerce.
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