Werner Enterprises (WERN) Getting Somewhat Positive News Coverage, Report Shows
Headlines about Werner Enterprises (NASDAQ:WERN) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Werner Enterprises earned a media sentiment score of 0.15 on Accern’s scale. Accern also assigned headlines about the transportation company an impact score of 46.1263184413093 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Werner Enterprises (WERN) traded up $0.60 during mid-day trading on Wednesday, hitting $38.70. 572,885 shares of the company traded hands, compared to its average volume of 805,707. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.73 and a current ratio of 1.78. Werner Enterprises has a 1-year low of $24.20 and a 1-year high of $39.15. The firm has a market cap of $2,748.80, a price-to-earnings ratio of 33.04, a PEG ratio of 2.13 and a beta of 0.97.
Werner Enterprises (NASDAQ:WERN) last released its quarterly earnings data on Thursday, October 19th. The transportation company reported $0.31 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.32 by ($0.01). Werner Enterprises had a net margin of 4.04% and a return on equity of 8.18%. The business had revenue of $528.64 million during the quarter, compared to analyst estimates of $532.48 million. During the same period in the previous year, the firm posted $0.26 EPS. The firm’s revenue for the quarter was up 3.9% on a year-over-year basis. sell-side analysts anticipate that Werner Enterprises will post 1.23 earnings per share for the current fiscal year.
A number of equities research analysts have issued reports on the stock. Bank of America lowered shares of Werner Enterprises from a “neutral” rating to an “underperform” rating and decreased their target price for the company from $35.00 to $33.00 in a research note on Tuesday, October 10th. Wells Fargo & Company lifted their target price on shares of Werner Enterprises from $29.00 to $35.00 and gave the company a “market perform” rating in a research note on Friday, October 20th. Zacks Investment Research raised shares of Werner Enterprises from a “hold” rating to a “buy” rating and set a $39.00 target price for the company in a research note on Wednesday, September 27th. BidaskClub raised shares of Werner Enterprises from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, August 16th. Finally, Stifel Nicolaus reissued a “hold” rating and set a $36.00 target price on shares of Werner Enterprises in a research note on Sunday, October 1st. Three analysts have rated the stock with a sell rating, ten have issued a hold rating, three have given a buy rating and one has assigned a strong buy rating to the company. Werner Enterprises has an average rating of “Hold” and an average price target of $33.73.
In other Werner Enterprises news, CEO Derek J. Leathers sold 17,500 shares of the business’s stock in a transaction on Wednesday, September 20th. The shares were sold at an average price of $35.26, for a total transaction of $617,050.00. Following the completion of the transaction, the chief executive officer now owns 211,280 shares of the company’s stock, valued at approximately $7,449,732.80. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 34.70% of the stock is currently owned by insiders.
About Werner Enterprises
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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