Werner Enterprises, Inc. (WERN) Expected to Post Earnings of $0.39 Per Share

Equities analysts expect that Werner Enterprises, Inc. (NASDAQ:WERN) will report earnings per share of $0.39 for the current fiscal quarter, Zacks reports. Five analysts have made estimates for Werner Enterprises’ earnings, with the lowest EPS estimate coming in at $0.37 and the highest estimate coming in at $0.43. Werner Enterprises posted earnings of $0.30 per share during the same quarter last year, which would indicate a positive year over year growth rate of 30%. The business is expected to announce its next quarterly earnings results after the market closes on Monday, January 29th.

According to Zacks, analysts expect that Werner Enterprises will report full year earnings of $1.24 per share for the current fiscal year, with EPS estimates ranging from $1.22 to $1.28. For the next year, analysts forecast that the business will post earnings of $1.77 per share, with EPS estimates ranging from $1.45 to $2.00. Zacks Investment Research’s EPS calculations are a mean average based on a survey of analysts that follow Werner Enterprises.

Several research firms have recently commented on WERN. Barclays upped their price target on shares of Werner Enterprises from $25.00 to $32.00 and gave the stock an “equal weight” rating in a research report on Monday, October 2nd. Stephens restated a “buy” rating and set a $48.00 price target on shares of Werner Enterprises in a research report on Wednesday, January 10th. Zacks Investment Research upgraded shares of Werner Enterprises from a “hold” rating to a “buy” rating and set a $39.00 price target for the company in a research report on Wednesday, September 27th. Stifel Nicolaus restated a “hold” rating and set a $36.00 price target on shares of Werner Enterprises in a research report on Sunday, October 1st. Finally, BidaskClub lowered shares of Werner Enterprises from a “strong-buy” rating to a “buy” rating in a research report on Friday, January 5th. Three research analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $36.00.

Institutional investors and hedge funds have recently made changes to their positions in the stock. Public Employees Retirement System of Ohio grew its position in Werner Enterprises by 7.2% in the 2nd quarter. Public Employees Retirement System of Ohio now owns 6,708 shares of the transportation company’s stock valued at $197,000 after buying an additional 451 shares in the last quarter. ING Groep NV bought a new position in shares of Werner Enterprises during the 3rd quarter valued at about $201,000. Crossmark Global Holdings Inc. bought a new position in shares of Werner Enterprises during the 3rd quarter valued at about $203,000. Royal Bank of Canada boosted its position in shares of Werner Enterprises by 190.5% during the 2nd quarter. Royal Bank of Canada now owns 7,430 shares of the transportation company’s stock valued at $218,000 after purchasing an additional 4,872 shares in the last quarter. Finally, Rehmann Capital Advisory Group bought a new position in shares of Werner Enterprises during the 3rd quarter valued at about $233,000. Hedge funds and other institutional investors own 64.56% of the company’s stock.

Shares of Werner Enterprises (WERN) traded up $0.50 during trading hours on Monday, hitting $41.40. 597,900 shares of the company’s stock were exchanged, compared to its average volume of 797,415. The firm has a market capitalization of $2,994.75, a PE ratio of 36.00, a price-to-earnings-growth ratio of 1.61 and a beta of 0.97. The company has a quick ratio of 1.73, a current ratio of 1.78 and a debt-to-equity ratio of 0.07. Werner Enterprises has a 52 week low of $24.20 and a 52 week high of $41.65.

The business also recently announced a quarterly dividend, which was paid on Tuesday, January 16th. Investors of record on Tuesday, January 2nd were given a $0.07 dividend. The ex-dividend date was Friday, December 29th. This represents a $0.28 dividend on an annualized basis and a yield of 0.68%. Werner Enterprises’s dividend payout ratio is presently 24.35%.

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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.

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