Werner Enterprises (NASDAQ:WERN) Upgraded at StockNews.com

StockNews.com upgraded shares of Werner Enterprises (NASDAQ:WERN) from a sell rating to a hold rating in a research report released on Tuesday morning.

A number of other analysts have also recently weighed in on WERN. Stifel Nicolaus upped their price target on shares of Werner Enterprises from $30.00 to $35.00 and gave the stock a “hold” rating in a research report on Thursday, January 23rd. JPMorgan Chase & Co. decreased their price objective on shares of Werner Enterprises from $37.00 to $34.00 and set an “underweight” rating for the company in a research report on Wednesday, October 30th. Wells Fargo & Company decreased their price objective on shares of Werner Enterprises from $36.00 to $34.00 and set an “underweight” rating for the company in a research report on Friday, February 7th. Evercore ISI cut their target price on shares of Werner Enterprises from $35.00 to $32.00 and set an “in-line” rating on the stock in a research note on Wednesday, October 30th. Finally, Morgan Stanley cut their target price on shares of Werner Enterprises from $55.00 to $52.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 30th. Five analysts have rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $37.29.

Werner Enterprises Trading Down 0.3 %

Shares of Werner Enterprises stock opened at $34.41 on Tuesday. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.53 and a quick ratio of 1.49. Werner Enterprises has a 1 year low of $33.12 and a 1 year high of $42.48. The company has a market capitalization of $2.13 billion, a P/E ratio of 62.56, a P/E/G ratio of 15.58 and a beta of 0.84. The business has a 50 day moving average price of $36.52 and a 200 day moving average price of $37.45.

Werner Enterprises (NASDAQ:WERN) last announced its quarterly earnings data on Thursday, February 6th. The transportation company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by ($0.15). Werner Enterprises had a net margin of 1.13% and a return on equity of 2.26%. Sell-side analysts anticipate that Werner Enterprises will post 1.31 EPS for the current fiscal year.

Institutional Investors Weigh In On Werner Enterprises

Several institutional investors and hedge funds have recently bought and sold shares of the business. GAMMA Investing LLC boosted its holdings in shares of Werner Enterprises by 145.7% in the third quarter. GAMMA Investing LLC now owns 801 shares of the transportation company’s stock valued at $31,000 after acquiring an additional 475 shares in the last quarter. Headlands Technologies LLC purchased a new stake in Werner Enterprises in the 4th quarter worth approximately $39,000. Blue Trust Inc. lifted its position in Werner Enterprises by 64.7% in the 4th quarter. Blue Trust Inc. now owns 1,308 shares of the transportation company’s stock worth $50,000 after buying an additional 514 shares in the last quarter. International Assets Investment Management LLC lifted its position in Werner Enterprises by 2,390.3% in the 3rd quarter. International Assets Investment Management LLC now owns 1,544 shares of the transportation company’s stock worth $60,000 after buying an additional 1,482 shares in the last quarter. Finally, Sterling Capital Management LLC lifted its position in Werner Enterprises by 796.3% in the 4th quarter. Sterling Capital Management LLC now owns 1,703 shares of the transportation company’s stock worth $61,000 after buying an additional 1,513 shares in the last quarter. Institutional investors and hedge funds own 89.32% of the company’s stock.

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.