Werner Enterprises (WERN) Expected to Announce Quarterly Earnings on Thursday

Werner Enterprises (NASDAQ:WERN) is expected to be issuing 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 listening to the company’s conference call can do so using this link.

Werner Enterprises Stock Performance

NASDAQ:WERN opened at $34.98 on Tuesday. The company has a market cap of $2.16 billion, a P/E ratio of 47.92, a P/E/G ratio of 15.87 and a beta of 0.84. The firm’s 50 day moving average is $37.43 and its two-hundred day moving average is $37.60. Werner Enterprises has a fifty-two week low of $33.12 and a fifty-two week high of $42.48. 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 Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, January 15th. Stockholders of record on Thursday, January 2nd were issued a dividend of $0.14 per share. The ex-dividend date of this dividend was Thursday, January 2nd. This represents a $0.56 dividend on an annualized basis and a dividend yield of 1.60%. Werner Enterprises’s payout ratio is 76.71%.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on WERN shares. The Goldman Sachs Group lowered their price target on Werner Enterprises from $37.00 to $33.00 and set a “sell” rating for the company in a research report on Wednesday, October 9th. Barclays increased their target price on shares of Werner Enterprises from $36.00 to $40.00 and gave the stock an “equal weight” rating in a research report on Wednesday, November 13th. Susquehanna raised shares of Werner Enterprises from a “negative” rating to a “neutral” rating and set a $38.00 price target on the stock in a research report on Friday, January 3rd. JPMorgan Chase & Co. dropped their price objective 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. Finally, Citigroup began coverage on shares of Werner Enterprises in a research note on Wednesday, October 9th. They issued a “sell” rating and a $34.00 target price on the stock. Six analysts have rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the company 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.