Werner Enterprises (NASDAQ:WERN) Given New $36.00 Price Target at Stifel Nicolaus

Werner Enterprises (NASDAQ:WERN) had its price objective reduced by investment analysts at Stifel Nicolaus from $40.00 to $36.00 in a note issued to investors on Wednesday, Benzinga reports. The firm currently has a “hold” rating on the transportation company’s stock. Stifel Nicolaus‘s target price would suggest a potential upside of 26.76% from the company’s current price.

A number of other research firms have also recently commented on WERN. Robert W. Baird reiterated a “neutral” rating and set a $32.00 price target (down from $43.00) on shares of Werner Enterprises in a report on Tuesday, October 20th. Barclays reduced their price target on shares of Werner Enterprises from $40.00 to $38.00 and set an “equal weight” rating for the company in a research report on Tuesday, October 20th. Evercore upgraded shares of Werner Enterprises from an “underperform” rating to an “in-line” rating in a report on Wednesday, July 1st. JPMorgan Chase & Co. lowered their price objective on Werner Enterprises from $39.00 to $33.00 and set an “underweight” rating on the stock in a research report on Monday, October 5th. Finally, Citigroup lowered their price objective on Werner Enterprises from $43.00 to $37.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 7th. Four research analysts have rated the stock with a Buy rating, nine have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $38.07.

Werner Enterprises Stock Down 3.3%

WERN stock traded down $0.98 during trading on Wednesday, hitting $28.40. 848,562 shares of the stock traded hands, compared to its average volume of 1,089,409. Werner Enterprises has a 1 year low of $23.06 and a 1 year high of $47.49. The firm’s 50 day moving average is $35.02 and its two-hundred day moving average is $36.13. The stock has a market cap of $1.70 billion, a price-to-earnings ratio of -37.21 and a beta of 1.29. The company has a debt-to-equity ratio of 0.60, a current ratio of 1.45 and a quick ratio of 1.42.

Werner Enterprises (NASDAQ:WERN) last released its quarterly earnings data on Tuesday, October 27th. The transportation company reported $0.16 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.16. The business had revenue of $825.28 million during the quarter, compared to analyst estimates of $956.55 million. Werner Enterprises had a negative net margin of 1.42% and a positive return on equity of 1.18%. Werner Enterprises’s revenue was up 23.2% compared to the same quarter last year. During the same period last year, the business earned ($0.03) EPS. On average, sell-side analysts anticipate that Werner Enterprises will post 0.78 EPS for the current year.

Institutional Trading of Werner Enterprises

Institutional investors have recently made changes to their positions in the stock. Allworth Financial LP bought a new stake in shares of Werner Enterprises in the second quarter worth approximately $38,000. Farther Finance Advisors LLC lifted its position in Werner Enterprises by 185.4% during the third quarter. Farther Finance Advisors LLC now owns 1,216 shares of the transportation company’s stock valued at $41,000 after purchasing an additional 790 shares during the period. Global Retirement Partners LLC bought a new position in Werner Enterprises during the second quarter valued at approximately $45,000. Integrated Wealth Concepts LLC purchased a new stake in Werner Enterprises in the second quarter worth approximately $65,000. Finally, PNC Financial Services Group Inc. boosted its holdings in Werner Enterprises by 40.5% in the first quarter. PNC Financial Services Group Inc. now owns 3,266 shares of the transportation company’s stock worth $96,000 after purchasing an additional 942 shares during the last quarter. Hedge funds and other institutional investors own 89.32% of the company’s stock.

Key Stories Impacting Werner Enterprises

Here are the key news stories impacting Werner Enterprises this week:

• Positive Sentiment: Werner reported adjusted earnings of $0.16 per share, matching Wall Street expectations and improving from a $0.03-per-share loss a year earlier. Revenue increased 23.2% year over year. Werner Enterprises third-quarter results
• Positive Sentiment: Management expects fourth-quarter one-way revenue per total mile to rise approximately 10% to 13%, suggesting improving freight pricing and demand. The company also reduced planned 2026 net capital expenditures to $190 million-$205 million, which could support cash flow. Werner fourth-quarter outlook
• Positive Sentiment: Morgan Stanley maintained a Buy rating, indicating that at least one major analyst continues to see recovery potential in WERN. Morgan Stanley rating
• Neutral Sentiment: Wells Fargo kept an Equal Weight rating but lowered its price target from $35 to $31. The new target still implies potential upside, but the reduction signals more limited near-term confidence. Wells Fargo price target change
• Negative Sentiment: Quarterly revenue of $825.3 million came in well below the $956.6 million consensus estimate. Although profitability improved, the top-line shortfall raises concerns about freight volumes and the pace of the broader trucking recovery.

About Werner Enterprises

Werner Enterprises, Inc is a transportation and logistics company headquartered in Omaha, Nebraska. Founded in 1956 by Clarence L. Werner, the company provides freight transportation and supply chain services to customers across North America.

The company’s operations include truckload transportation, dedicated transportation, and regional truckload services. Werner also provides logistics services, including freight brokerage, intermodal transportation, cross-border transportation, and supply chain management solutions.