Werner Enterprises (WERN) to Release Earnings on Tuesday

Werner Enterprises (NASDAQ:WERN) will be releasing its earnings data after the market closes on Tuesday, April 30th. Analysts expect Werner Enterprises to post earnings of $0.31 per share for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

Werner Enterprises (NASDAQ:WERN) last posted its quarterly earnings results on Monday, February 5th. The transportation company reported $0.39 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.05). The business had revenue of $821.90 million during the quarter, compared to analysts’ expectations of $820.90 million. Werner Enterprises had a net margin of 3.42% and a return on equity of 8.17%. The company’s quarterly revenue was down 4.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.99 EPS. On average, analysts expect Werner Enterprises to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Werner Enterprises Trading Down 1.5 %

Shares of WERN opened at $35.34 on Tuesday. The stock has a market cap of $2.24 billion, a PE ratio of 20.08, a P/E/G ratio of 1.09 and a beta of 0.78. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.92 and a quick ratio of 1.87. Werner Enterprises has a 12 month low of $34.67 and a 12 month high of $47.27. The stock’s 50-day moving average is $38.47 and its two-hundred day moving average is $39.30.

Werner Enterprises Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 1st. Shareholders of record on Monday, April 15th will be given a $0.14 dividend. This represents a $0.56 annualized dividend and a yield of 1.58%. The ex-dividend date is Friday, April 12th. Werner Enterprises’s dividend payout ratio (DPR) is 31.82%.

Wall Street Analyst Weigh In

Several research firms recently commented on WERN. StockNews.com upgraded Werner Enterprises from a “sell” rating to a “hold” rating in a research note on Tuesday, February 27th. Bank of America dropped their price objective on shares of Werner Enterprises from $35.00 to $34.00 and set an “underperform” rating on the stock in a research note on Monday, April 15th. Susquehanna lowered their target price on Werner Enterprises from $40.00 to $35.00 and set a “neutral” rating for the company in a report on Monday, March 25th. TD Cowen increased their target price on Werner Enterprises from $40.00 to $43.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 7th. Finally, Stifel Nicolaus decreased their price objective on Werner Enterprises from $42.00 to $39.00 and set a “hold” rating for the company in a report on Thursday, April 18th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $44.00.

About Werner Enterprises

Werner Enterprises, Inc, together with its subsidiaries, engages in transporting truckload shipments of general commodities in interstate and intrastate commerce in the United States, Mexico, and internationally. The company operates through two segments, Truckload Transportation Services and Werner Logistics.