Werner Enterprises (NASDAQ:WERN - Get Free Report) is projected to release its earnings data after the market closes on Thursday, February 6th. Analysts expect Werner Enterprises to post earnings of $0.23 per share and revenue of $763.07 million for the quarter. Investors interested in registering for the company's conference call can do so using this link.
Werner Enterprises (NASDAQ:WERN - Get Free Report) last released its quarterly earnings results on Tuesday, October 29th. The transportation company reported $0.15 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.06). Werner Enterprises had a return on equity of 3.58% and a net margin of 1.48%. The business had revenue of $745.70 million during the quarter, compared to analyst estimates of $765.24 million. During the same quarter last year, the firm posted $0.42 EPS. The company's revenue was down 8.8% compared to the same quarter last year. On average, analysts expect Werner Enterprises to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Werner Enterprises Stock Down 0.3 %
Shares of WERN traded down $0.12 during trading on Thursday, reaching $36.73. The company's stock had a trading volume of 599,932 shares, compared to its average volume of 685,091. The company has a quick ratio of 1.49, a current ratio of 1.53 and a debt-to-equity ratio of 0.48. Werner Enterprises has a twelve month low of $33.12 and a twelve month high of $42.48. The company has a fifty day moving average of $37.66 and a two-hundred day moving average of $37.62. The company has a market cap of $2.27 billion, a price-to-earnings ratio of 50.32, a P/E/G ratio of 16.15 and a beta of 0.84.
Werner Enterprises Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Investors of record on Thursday, January 2nd were given a dividend of $0.14 per share. This represents a $0.56 annualized dividend and a dividend yield of 1.52%. The ex-dividend date of this dividend was Thursday, January 2nd. Werner Enterprises's dividend payout ratio is currently 76.71%.
Wall Street Analysts Forecast Growth
A number of brokerages recently weighed in on WERN. Morgan Stanley lowered their price objective on shares of Werner Enterprises from $55.00 to $52.00 and set an "overweight" rating for the company in a research report on Wednesday, October 30th. The Goldman Sachs Group cut their target price on Werner Enterprises from $37.00 to $33.00 and set a "sell" rating on the stock in a research note on Wednesday, October 9th. JPMorgan Chase & Co. lowered their price target 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. TD Cowen upped their target price on shares of Werner Enterprises from $40.00 to $41.00 and gave the stock a "buy" rating in a research report on Wednesday, October 30th. Finally, Evercore ISI reduced their price objective on Werner Enterprises from $35.00 to $32.00 and set an "in-line" rating for the company in a research report on Wednesday, October 30th. Six equities research analysts have rated the stock with a sell rating, six have issued a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $37.50.
Get Our Latest Stock Analysis on Werner Enterprises
Werner Enterprises Company Profile
(
Get Free Report)
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.
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