Werner Enterprises PT Raised to $29.00 (WERN)
Stock analysts at Robert W. Baird raised their price target on shares of Werner Enterprises (NASDAQ:WERN) from $28.00 to $29.00 in a report issued on Tuesday. Robert W. Baird’s price target would suggest a potential upside of 9.89% from the company’s current price.
Werner Enterprises (NASDAQ:WERN) opened at 26.39 on Tuesday. Werner Enterprises has a 52-week low of $22.61 and a 52-week high of $27.04. The stock’s 50-day moving average is $26. and its 200-day moving average is $25.73. The company has a market cap of $1.906 billion and a price-to-earnings ratio of 23.33.
Werner Enterprises (NASDAQ:WERN) last released its earnings data on Monday, April 21st. The company reported $0.20 earnings per share for the quarter, missing the analysts’ 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 last year, the company posted $0.24 earnings per share. Werner Enterprises’s revenue was down .2% compared to the same quarter last year. On average, analysts predict that Werner Enterprises will post $1.28 earnings per share for the current fiscal year.
The company also recently declared a quarterly dividend, which is scheduled for Tuesday, July 22nd. Stockholders of record on Monday, July 7th will be given a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 0.76%. The ex-dividend date of this dividend is Wednesday, July 2nd.
Separately, analysts at Barclays raised their price target on shares of Werner Enterprises from $26.00 to $27.00 in a research note on Monday, June 30th. They now have an “equal weight” rating on the stock. One analyst has rated the stock with a sell rating, ten have given a hold rating and two have given a buy rating to the stock. Werner Enterprises has a consensus rating of “Hold” and a consensus target price of $25.81.
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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