Werner Enterprises (WERN) to Release Quarterly Earnings on Tuesday

Werner Enterprises (NASDAQ:WERN) will be issuing its quarterly earnings data after the market closes on Tuesday, April 30th. Analysts expect the company to announce earnings of $0.31 per share for the quarter. Parties interested in listening to the company’s conference call can do so using this link.

Werner Enterprises (NASDAQ:WERN) last released its earnings results on Monday, February 5th. The transportation company reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.44 by ($0.05). Werner Enterprises had a net margin of 3.42% and a return on equity of 8.17%. The company had revenue of $821.90 million during the quarter, compared to the consensus estimate of $820.90 million. During the same quarter in the previous year, the business posted $0.99 EPS. The firm’s quarterly revenue was down 4.6% on a year-over-year basis. On average, analysts expect Werner Enterprises to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Werner Enterprises Stock Performance

NASDAQ:WERN opened at $34.74 on Friday. Werner Enterprises has a 12-month low of $34.57 and a 12-month high of $47.27. The company has a quick ratio of 1.87, a current ratio of 1.92 and a debt-to-equity ratio of 0.42. The firm has a market capitalization of $2.20 billion, a PE ratio of 19.74, a price-to-earnings-growth ratio of 1.07 and a beta of 0.78. The firm has a 50-day moving average price of $38.04 and a 200 day moving average price of $39.19.

Werner Enterprises Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, May 1st. Investors of record on Monday, April 15th will be given a $0.14 dividend. This represents a $0.56 annualized dividend and a yield of 1.61%. The ex-dividend date of this dividend is Friday, April 12th. Werner Enterprises’s dividend payout ratio (DPR) is presently 31.82%.

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. Stephens reissued an “overweight” rating and issued a $49.00 price target on shares of Werner Enterprises in a research report on Wednesday, February 7th. Morgan Stanley dropped their price objective on shares of Werner Enterprises from $60.00 to $59.00 and set an “overweight” rating for the company in a report on Wednesday, February 7th. Bank of America dropped their price objective on shares of Werner Enterprises from $35.00 to $34.00 and set an “underperform” rating for the company in a report on Monday, April 15th. StockNews.com raised shares of Werner Enterprises from a “sell” rating to a “hold” rating in a report on Tuesday, February 27th. Finally, Stifel Nicolaus dropped their price objective on shares of Werner Enterprises from $42.00 to $39.00 and set a “hold” rating for the company in a report on Thursday, April 18th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $44.00.

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.