Werner Enterprises, Inc. (WERN) Expected to Post Earnings of $0.38 Per Share

Equities analysts expect Werner Enterprises, Inc. (NASDAQ:WERN) to post earnings of $0.38 per share for the current quarter, according to Zacks. Six analysts have made estimates for Werner Enterprises’ earnings. The lowest EPS estimate is $0.31 and the highest is $0.45. Werner Enterprises reported earnings of $0.22 per share during the same quarter last year, which would indicate a positive year over year growth rate of 72.7%. The firm is expected to report its next earnings report on Thursday, April 19th.

According to Zacks, analysts expect that Werner Enterprises will report full-year earnings of $1.94 per share for the current financial year, with EPS estimates ranging from $1.65 to $2.13. For the next year, analysts expect that the firm will post earnings of $2.27 per share, with EPS estimates ranging from $2.18 to $2.41. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side analysts that cover Werner Enterprises.

Werner Enterprises (NASDAQ:WERN) last announced its earnings results on Monday, January 29th. The transportation company reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.39 by $0.03. The firm had revenue of $567.37 million for the quarter, compared to analysts’ expectations of $554.58 million. Werner Enterprises had a net margin of 9.59% and a return on equity of 8.64%. The business’s revenue was up 9.4% compared to the same quarter last year. During the same period in the prior year, the company earned $0.30 EPS.

Several brokerages have recently issued reports on WERN. Morgan Stanley upped their target price on shares of Werner Enterprises from $37.00 to $48.00 and gave the company an “overweight” rating in a research report on Tuesday, January 30th. Seaport Global Securities restated a “neutral” rating on shares of Werner Enterprises in a research report on Tuesday, January 30th. Robert W. Baird upped their target price on shares of Werner Enterprises from $41.00 to $43.00 and gave the company a “neutral” rating in a research report on Tuesday, January 30th. Wells Fargo & Co upped their target price on shares of Werner Enterprises from $35.00 to $43.00 and gave the company a “market perform” rating in a research report on Wednesday, January 31st. Finally, Stephens restated a “buy” rating and set a $48.00 target price on shares of Werner Enterprises in a research report on Wednesday, January 10th. Three investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $39.13.

Shares of Werner Enterprises (NASDAQ:WERN) traded down $1.08 during midday trading on Thursday, hitting $37.22. 218,094 shares of the stock traded hands, compared to its average volume of 920,586. The company has a debt-to-equity ratio of 0.06, a current ratio of 1.72 and a quick ratio of 1.67. The stock has a market cap of $2,769.65, a PE ratio of 13.48, a price-to-earnings-growth ratio of 1.36 and a beta of 0.93. Werner Enterprises has a 52-week low of $24.20 and a 52-week high of $43.95.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, January 16th. Investors of record on Tuesday, January 2nd were given a $0.07 dividend. This represents a $0.28 dividend on an annualized basis and a yield of 0.75%. The ex-dividend date of this dividend was Friday, December 29th. Werner Enterprises’s dividend payout ratio (DPR) is currently 10.04%.

A number of institutional investors have recently bought and sold shares of WERN. BlackRock Inc. increased its position in shares of Werner Enterprises by 2.6% during the second quarter. BlackRock Inc. now owns 4,736,977 shares of the transportation company’s stock worth $139,031,000 after acquiring an additional 119,913 shares during the period. Vanguard Group Inc. increased its position in shares of Werner Enterprises by 0.5% during the second quarter. Vanguard Group Inc. now owns 3,663,764 shares of the transportation company’s stock worth $107,531,000 after acquiring an additional 19,431 shares during the period. Victory Capital Management Inc. increased its position in shares of Werner Enterprises by 19.3% during the fourth quarter. Victory Capital Management Inc. now owns 2,178,748 shares of the transportation company’s stock worth $84,209,000 after acquiring an additional 351,852 shares during the period. State Street Corp increased its position in shares of Werner Enterprises by 1.5% during the second quarter. State Street Corp now owns 1,644,663 shares of the transportation company’s stock worth $48,274,000 after acquiring an additional 23,936 shares during the period. Finally, 1060 Capital LLC increased its position in shares of Werner Enterprises by 98.5% during the fourth quarter. 1060 Capital LLC now owns 466,491 shares of the transportation company’s stock worth $18,030,000 after acquiring an additional 231,513 shares during the period. 64.84% of the stock is currently owned by institutional investors.

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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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Earnings History and Estimates for Werner Enterprises (NASDAQ:WERN)

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