Werner Enterprises (NASDAQ:WERN) Rating Increased to Hold at StockNews.com

Werner Enterprises (NASDAQ:WERN - Get Free Report) was upgraded by investment analysts at StockNews.com from a "sell" rating to a "hold" rating in a research note issued to investors on Wednesday.

Several other equities analysts also recently weighed in on WERN. Barclays decreased their target price on Werner Enterprises from $40.00 to $38.00 and set an "equal weight" rating on the stock in a research report on Friday, February 7th. Stifel Nicolaus lifted their target price on shares of Werner Enterprises from $30.00 to $35.00 and gave the stock a "hold" rating in a research note on Thursday, January 23rd. Wells Fargo & Company dropped their target price on shares of Werner Enterprises from $36.00 to $34.00 and set an "underweight" rating for the company in a report on Friday, February 7th. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Werner Enterprises in a research note on Friday, March 7th. They issued a "hold" rating and a $33.00 price target on the stock. Finally, Susquehanna raised shares of Werner Enterprises from a "negative" rating to a "neutral" rating and set a $38.00 price objective for the company in a research note on Friday, January 3rd. Five equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and three have assigned a buy rating to the stock. According to MarketBeat, Werner Enterprises has an average rating of "Hold" and an average target price of $37.00.

Werner Enterprises Price Performance

NASDAQ WERN traded up $0.32 on Wednesday, hitting $29.57. The company had a trading volume of 1,317,565 shares, compared to its average volume of 724,266. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.52 and a quick ratio of 1.48. The company's fifty day moving average price is $33.88 and its 200-day moving average price is $36.45. The company has a market capitalization of $1.83 billion, a PE ratio of 53.76 and a beta of 0.85. Werner Enterprises has a 12-month low of $28.77 and a 12-month high of $42.48.

Werner Enterprises (NASDAQ:WERN - Get Free Report) last released its earnings results on Thursday, February 6th. The transportation company reported $0.08 EPS for the quarter, missing analysts' consensus estimates 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, analysts predict that Werner Enterprises will post 1.27 earnings per share for the current year.

Institutional Investors Weigh In On Werner Enterprises

Several institutional investors have recently modified their holdings of the company. Headlands Technologies LLC purchased a new stake in Werner Enterprises in the fourth quarter valued at $39,000. Blue Trust Inc. lifted its position in Werner Enterprises by 64.7% in the fourth quarter. Blue Trust Inc. now owns 1,308 shares of the transportation company's stock valued at $50,000 after acquiring an additional 514 shares during the last quarter. Sterling Capital Management LLC lifted its position in Werner Enterprises by 796.3% in the fourth quarter. Sterling Capital Management LLC now owns 1,703 shares of the transportation company's stock valued at $61,000 after acquiring an additional 1,513 shares during the last quarter. KBC Group NV lifted its position in Werner Enterprises by 43.1% in the third quarter. KBC Group NV now owns 2,071 shares of the transportation company's stock valued at $80,000 after acquiring an additional 624 shares during the last quarter. Finally, Quadrant Capital Group LLC lifted its position in Werner Enterprises by 35.7% in the fourth quarter. Quadrant Capital Group LLC now owns 2,431 shares of the transportation company's stock valued at $87,000 after acquiring an additional 639 shares during the last quarter. 89.32% of the stock is owned by hedge funds and other institutional investors.

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.