Werner Enterprises (WERN) Set to Announce Quarterly Earnings on Tuesday

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

Werner Enterprises (NASDAQ:WERN) last posted its quarterly earnings results on Monday, February 5th. The transportation company reported $0.39 EPS for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.05). Werner Enterprises had a return on equity of 8.17% and a net margin of 3.42%. The company had revenue of $821.90 million during the quarter, compared to the consensus estimate of $820.90 million. During the same period last year, the firm posted $0.99 EPS. The company’s revenue for the quarter was down 4.6% compared to the same quarter last year. 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 $35.34 on Tuesday. Werner Enterprises has a 1 year low of $34.67 and a 1 year high of $47.27. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.92 and a quick ratio of 1.87. The business has a fifty day simple moving average of $38.47 and a two-hundred day simple moving average of $39.30. The company has a market capitalization of $2.24 billion, a P/E ratio of 20.08, a P/E/G ratio of 1.09 and a beta of 0.78.

Werner Enterprises Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, May 1st. Investors of record on Monday, April 15th will be issued a $0.14 dividend. This represents a $0.56 annualized dividend and a yield of 1.58%. The ex-dividend date of this dividend is Friday, April 12th. Werner Enterprises’s dividend payout ratio (DPR) is currently 31.82%.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on WERN. StockNews.com upgraded shares of Werner Enterprises from a “sell” rating to a “hold” rating in a research note on Tuesday, February 27th. Susquehanna cut their price objective on shares of Werner Enterprises from $40.00 to $35.00 and set a “neutral” rating for the company in a research report on Monday, March 25th. Bank of America decreased their target price on shares of Werner Enterprises from $35.00 to $34.00 and set an “underperform” rating on the stock in a report on Monday, April 15th. Stephens reiterated an “overweight” rating and issued a $49.00 target price on shares of Werner Enterprises in a research note on Wednesday, February 7th. Finally, TD Cowen boosted their price target on shares of Werner Enterprises from $40.00 to $43.00 and gave the company an “outperform” rating in a research report on Wednesday, February 7th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, Werner Enterprises has an average rating of “Hold” and a consensus target price 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.