Werner Enterprises (WERN) to Release Quarterly Earnings on Thursday

Werner Enterprises (NASDAQ:WERN) is projected to issue its quarterly earnings data after the market closes on Thursday, February 6th. Analysts expect the company to announce earnings of $0.23 per share and revenue of $763.07 million for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

Werner Enterprises (NASDAQ:WERN) last issued its 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). The firm had revenue of $745.70 million during the quarter, compared to analyst estimates of $765.24 million. Werner Enterprises had a return on equity of 3.58% and a net margin of 1.48%. Werner Enterprises’s revenue was down 8.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.42 EPS. 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 Performance

WERN stock opened at $36.85 on Thursday. The firm has a market cap of $2.28 billion, a P/E ratio of 50.48, a P/E/G ratio of 16.15 and a beta of 0.84. The stock’s 50 day simple moving average is $37.66 and its 200 day simple moving average is $37.62. The company has a current ratio of 1.53, a quick ratio of 1.49 and a debt-to-equity ratio of 0.48. Werner Enterprises has a 12-month low of $33.12 and a 12-month high of $42.48.

Werner Enterprises Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Thursday, January 2nd were given a $0.14 dividend. The ex-dividend date was Thursday, January 2nd. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.52%. Werner Enterprises’s payout ratio is currently 76.71%.

Wall Street Analyst Weigh In

Several research firms recently weighed in on WERN. The Goldman Sachs Group dropped their price objective on shares of Werner Enterprises from $37.00 to $33.00 and set a “sell” rating on the stock in a research note on Wednesday, October 9th. Morgan Stanley dropped their price target on Werner Enterprises from $55.00 to $52.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 30th. TD Cowen boosted their price objective on Werner Enterprises from $40.00 to $41.00 and gave the company a “buy” rating in a research report on Wednesday, October 30th. Wells Fargo & Company lowered their price objective on Werner Enterprises from $38.00 to $35.00 and set an “underweight” rating for the company in a research note on Wednesday, October 30th. Finally, Barclays raised their target price on Werner Enterprises from $36.00 to $40.00 and gave the company an “equal weight” rating in a research note on Wednesday, November 13th. Six investment analysts have rated the stock with a sell rating, six have given a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $37.50.

About Werner Enterprises

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.