Werner Enterprises (NASDAQ:WERN) Lowered to "Sell" Rating by StockNews.com

Werner Enterprises (NASDAQ:WERN - Get Free Report) was downgraded by StockNews.com from a "hold" rating to a "sell" rating in a research report issued to clients and investors on Thursday.

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WERN has been the topic of several other research reports. Wells Fargo & Company reduced their price target on shares of Werner Enterprises from $34.00 to $27.00 and set an "underweight" rating on the stock in a report on Thursday, March 27th. Deutsche Bank Aktiengesellschaft began coverage on shares of Werner Enterprises in a research note on Friday, March 7th. They set a "hold" rating and a $33.00 price target on the stock. Stifel Nicolaus upped their price objective on shares of Werner Enterprises from $30.00 to $35.00 and gave the company a "hold" rating in a research note on Thursday, January 23rd. Barclays lowered their target price on shares of Werner Enterprises from $38.00 to $32.00 and set an "equal weight" rating for the company in a research note on Wednesday. Finally, Susquehanna cut their price target on Werner Enterprises from $39.00 to $32.00 and set a "neutral" rating for the company in a report on Wednesday, March 26th. Six investment analysts have rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $35.73.

Read Our Latest Report on Werner Enterprises

Werner Enterprises Price Performance

Shares of NASDAQ WERN traded down $2.74 during trading on Thursday, hitting $27.34. 1,106,847 shares of the company were exchanged, compared to its average volume of 769,352. The firm's fifty day moving average price is $32.58 and its 200 day moving average price is $36.01. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.52 and a quick ratio of 1.48. The company has a market cap of $1.69 billion, a price-to-earnings ratio of 49.71 and a beta of 0.85. Werner Enterprises has a 1 year low of $27.10 and a 1 year high of $42.48.

Werner Enterprises (NASDAQ:WERN - Get Free Report) last issued its earnings results on Thursday, February 6th. The transportation company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.15). Werner Enterprises had a return on equity of 2.27% and a net margin of 1.13%. On average, sell-side analysts expect that Werner Enterprises will post 1.27 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Werner Enterprises

Large investors have recently modified their holdings of the stock. MassMutual Private Wealth & Trust FSB boosted its holdings in Werner Enterprises by 69.7% in the 1st quarter. MassMutual Private Wealth & Trust FSB now owns 1,176 shares of the transportation company's stock worth $34,000 after acquiring an additional 483 shares during the period. Headlands Technologies LLC acquired a new position in shares of Werner Enterprises during the fourth quarter worth $39,000. Blue Trust Inc. boosted its stake in shares of Werner Enterprises by 64.7% in the fourth quarter. Blue Trust Inc. now owns 1,308 shares of the transportation company's stock valued at $50,000 after purchasing an additional 514 shares during the period. Sterling Capital Management LLC grew its holdings in Werner Enterprises by 796.3% during the 4th quarter. Sterling Capital Management LLC now owns 1,703 shares of the transportation company's stock valued at $61,000 after purchasing an additional 1,513 shares in the last quarter. Finally, Quadrant Capital Group LLC increased its stake in Werner Enterprises by 35.7% during the 4th quarter. Quadrant Capital Group LLC now owns 2,431 shares of the transportation company's stock worth $87,000 after buying an additional 639 shares during the period. Institutional investors and hedge funds own 89.32% of the company's stock.

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.

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