Werner Enterprises (NASDAQ: WERN) has recently received a number of price target changes and ratings updates:

  • 8/5/2017 – Werner Enterprises was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “Werner Enterprises, Inc. is a transportation company primarily engaged in hauling truckload shipments of general commodities in both interstate and intrastate commerce. The Company operates throughout the 48 contiguous states pursuant to operating authority, both common and contract, granted by the Department of Transportation and pursuant to intrastate authority granted by various states. They also have authority to operate in the ten provinces of Canada and have through trailer service in and out of Mexico. “
  • 7/28/2017 – Werner Enterprises was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $35.00 price target on the stock. According to Zacks, “Werner Enterprises, Inc. is a transportation company primarily engaged in hauling truckload shipments of general commodities in both interstate and intrastate commerce. The Company operates throughout the 48 contiguous states pursuant to operating authority, both common and contract, granted by the Department of Transportation and pursuant to intrastate authority granted by various states. They also have authority to operate in the ten provinces of Canada and have through trailer service in and out of Mexico. “
  • 7/25/2017 – Werner Enterprises was upgraded by analysts at Bank of America Corporation from an “underperform” rating to a “neutral” rating. They now have a $32.00 price target on the stock, up previously from $30.00.
  • 7/25/2017 – Werner Enterprises had its price target raised by analysts at Cowen and Company from $27.00 to $31.00. They now have a “market perform” rating on the stock.
  • 7/25/2017 – Werner Enterprises had its “overweight” rating reaffirmed by analysts at Morgan Stanley. They now have a $32.00 price target on the stock, up previously from $30.00.
  • 7/25/2017 – Werner Enterprises had its “hold” rating reaffirmed by analysts at Stifel Nicolaus. They now have a $29.00 price target on the stock, up previously from $26.00.
  • 7/19/2017 – Werner Enterprises was downgraded by analysts at BidaskClub from a “strong-buy” rating to a “buy” rating.
  • 7/10/2017 – Werner Enterprises had its “underperform” rating reaffirmed by analysts at Bank of America Corporation. They now have a $30.00 price target on the stock, up previously from $25.00.
  • 7/10/2017 – Werner Enterprises was upgraded by analysts at UBS AG from a “sell” rating to a “neutral” rating. They now have a $30.00 price target on the stock, up previously from $26.00.
  • 7/8/2017 – Werner Enterprises was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Werner Enterprises, Inc. is a transportation company primarily engaged in hauling truckload shipments of general commodities in both interstate and intrastate commerce. The Company operates throughout the 48 contiguous states pursuant to operating authority, both common and contract, granted by the Department of Transportation and pursuant to intrastate authority granted by various states. They also have authority to operate in the ten provinces of Canada and have through trailer service in and out of Mexico. “
  • 6/30/2017 – Werner Enterprises was upgraded by analysts at BidaskClub from a “buy” rating to a “strong-buy” rating.
  • 6/22/2017 – Werner Enterprises was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Werner Enterprises, Inc. is a transportation company primarily engaged in hauling truckload shipments of general commodities in both interstate and intrastate commerce. The Company operates throughout the 48 contiguous states pursuant to operating authority, both common and contract, granted by the Department of Transportation and pursuant to intrastate authority granted by various states. They also have authority to operate in the ten provinces of Canada and have through trailer service in and out of Mexico. “
  • 6/19/2017 – Werner Enterprises was upgraded by analysts at TheStreet from a “c+” rating to a “b” rating.

Werner Enterprises, Inc. (NASDAQ:WERN) opened at 30.00 on Monday. The company has a 50 day moving average price of $29.44 and a 200 day moving average price of $27.62. Werner Enterprises, Inc. has a 52 week low of $21.45 and a 52 week high of $32.45. The stock has a market cap of $2.17 billion, a price-to-earnings ratio of 27.27 and a beta of 0.88.

Werner Enterprises (NASDAQ:WERN) last released its quarterly earnings results on Monday, July 24th. The transportation company reported $0.32 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.27 by $0.05. Werner Enterprises had a return on equity of 7.97% and a net margin of 3.90%. The firm had revenue of $519.50 million for the quarter, compared to analyst estimates of $521.63 million. During the same quarter last year, the company posted $0.25 earnings per share. The business’s revenue was up 4.2% on a year-over-year basis. Analysts expect that Werner Enterprises, Inc. will post $1.23 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 18th. Investors of record on Wednesday, July 5th were issued a dividend of $0.07 per share. The ex-dividend date was Friday, June 30th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.93%. This is a positive change from Werner Enterprises’s previous quarterly dividend of $0.06. Werner Enterprises’s dividend payout ratio (DPR) is currently 25.45%.

In related news, VP Jim S. Schelble sold 7,500 shares of the firm’s stock in a transaction dated Friday, August 4th. The shares were sold at an average price of $30.17, for a total value of $226,275.00. Following the completion of the sale, the vice president now owns 55,306 shares in the company, valued at $1,668,582.02. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, VP Jim S. Schelble sold 7,494 shares of the firm’s stock in a transaction dated Monday, June 19th. The shares were sold at an average price of $29.50, for a total transaction of $221,073.00. Following the completion of the sale, the vice president now owns 55,300 shares of the company’s stock, valued at approximately $1,631,350. The disclosure for this sale can be found here. In the last three months, insiders have sold 39,994 shares of company stock worth $1,197,593. Corporate insiders own 34.80% of the company’s stock.

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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