Werner Enterprises (WERN) to Release Earnings on Tuesday

Werner Enterprises (NASDAQ:WERN) will be releasing its earnings data after the market closes on Tuesday, July 30th. Analysts expect Werner Enterprises to post earnings of $0.26 per share for the quarter. Persons that wish to listen to the company’s earnings conference call can do so using this link.

Werner Enterprises (NASDAQ:WERN) last released its quarterly earnings results on Tuesday, April 30th. The transportation company reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.28 by ($0.14). The firm had revenue of $769.08 million for the quarter, compared to analysts’ expectations of $788.30 million. Werner Enterprises had a net margin of 2.59% and a return on equity of 6.15%. The business’s quarterly revenue was down 7.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.60 EPS. On average, analysts expect Werner Enterprises to post $1 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Werner Enterprises Stock Up 0.3 %

NASDAQ WERN opened at $38.97 on Monday. The stock has a 50 day moving average price of $36.42 and a 200-day moving average price of $37.79. Werner Enterprises has a one year low of $33.12 and a one year high of $47.27. The company has a debt-to-equity ratio of 0.39, a quick ratio of 1.85 and a current ratio of 1.90. The company has a market capitalization of $2.47 billion, a P/E ratio of 29.75, a P/E/G ratio of 3.76 and a beta of 0.80.

Werner Enterprises Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 17th. Investors of record on Monday, July 1st were paid a dividend of $0.14 per share. This represents a $0.56 dividend on an annualized basis and a yield of 1.44%. The ex-dividend date was Monday, July 1st. Werner Enterprises’s payout ratio is 42.75%.

Analyst Upgrades and Downgrades

WERN has been the topic of several recent research reports. StockNews.com cut shares of Werner Enterprises from a “hold” rating to a “sell” rating in a research report on Tuesday, July 16th. Evercore ISI dropped their target price on Werner Enterprises from $35.00 to $33.00 and set an “in-line” rating for the company in a report on Tuesday, June 25th. Susquehanna restated a “negative” rating and set a $27.00 price target (down previously from $32.00) on shares of Werner Enterprises in a report on Monday, June 24th. JPMorgan Chase & Co. reaffirmed an “underweight” rating and set a $32.00 price objective (down from $36.00) on shares of Werner Enterprises in a research note on Tuesday, July 9th. Finally, Wells Fargo & Company assumed coverage on shares of Werner Enterprises in a research note on Friday, June 7th. They issued an “underweight” rating and a $38.00 target price on the stock. Five analysts have rated the stock with a sell rating, six have given a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $38.69.

Werner Enterprises Company Profile

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.