Werner Enterprises (NASDAQ:WERN) Now Covered by Analysts at Deutsche Bank Aktiengesellschaft

Equities research analysts at Deutsche Bank Aktiengesellschaft began coverage on shares of Werner Enterprises (NASDAQ:WERN - Get Free Report) in a report issued on Friday, MarketBeat.com reports. The brokerage set a "hold" rating and a $33.00 price target on the transportation company's stock. Deutsche Bank Aktiengesellschaft's price objective suggests a potential upside of 2.48% from the company's previous close.

WERN has been the subject of several other reports. Stifel Nicolaus lifted their target price on Werner Enterprises from $30.00 to $35.00 and gave the stock a "hold" rating in a research note on Thursday, January 23rd. Susquehanna upgraded Werner Enterprises from a "negative" rating to a "neutral" rating and set a $38.00 target price for the company in a research note on Friday, January 3rd. Barclays reduced their target price on Werner Enterprises from $40.00 to $38.00 and set an "equal weight" rating for the company in a research note on Friday, February 7th. StockNews.com upgraded Werner Enterprises from a "sell" rating to a "hold" rating in a research note on Thursday, February 20th. Finally, Wells Fargo & Company reduced their price target on Werner Enterprises from $36.00 to $34.00 and set an "underweight" rating for the company in a research note on Friday, February 7th. Five analysts have rated the stock with a sell rating, eight have given a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $37.00.

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Werner Enterprises Stock Down 0.2 %

Shares of NASDAQ:WERN traded down $0.08 during trading on Friday, hitting $32.20. 1,377,271 shares of the company were exchanged, compared to its average volume of 742,049. The stock has a market cap of $1.99 billion, a price-to-earnings ratio of 58.55 and a beta of 0.85. Werner Enterprises has a fifty-two week low of $30.90 and a fifty-two week high of $42.48. The firm has a fifty day moving average price of $35.02 and a two-hundred day moving average price of $36.94. The company has a current ratio of 1.52, a quick ratio of 1.48 and a debt-to-equity ratio of 0.43.

Werner Enterprises (NASDAQ:WERN - Get Free Report) last posted its quarterly earnings results on Thursday, February 6th. The transportation company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.15). Werner Enterprises had a return on equity of 2.27% and a net margin of 1.13%. As a group, research analysts anticipate that Werner Enterprises will post 1.27 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Werner Enterprises

Institutional investors have recently modified their holdings of the business. Headlands Technologies LLC acquired a new position in Werner Enterprises in the 4th quarter worth about $39,000. Blue Trust Inc. increased its holdings 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 purchasing an additional 514 shares in the last quarter. International Assets Investment Management LLC increased its holdings 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 purchasing an additional 1,482 shares in the last quarter. Sterling Capital Management LLC increased its holdings 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 purchasing an additional 1,513 shares in the last quarter. Finally, KBC Group NV increased its holdings in Werner Enterprises by 43.1% in the 3rd quarter. KBC Group NV now owns 2,071 shares of the transportation company's stock worth $80,000 after purchasing an additional 624 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.