News stories about Werner Enterprises (NASDAQ:WERN) have trended somewhat positive this week, Accern reports. The research firm rates the sentiment of news coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Werner Enterprises earned a media sentiment score of 0.19 on Accern’s scale. Accern also assigned media coverage about the transportation company an impact score of 46.8434846774605 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s analysis:
- Werner Enterprises, Inc. (WERN) Given Average Recommendation of “Hold” by Brokerages (americanbankingnews.com)
- Werner Enterprises to Participate in the 10th Annual Cowen Global Transportation Conference (finance.yahoo.com)
- Werner Enterprises, Inc. : WERN-US: Dividend Analysis : July 05th, 2017 (record date) : By the numbers : August 18, 2017 (finance.yahoo.com)
- Werner Enterprises Announces Quarterly Dividend (finance.yahoo.com)
- Werner Enterprises, Inc. (WERN) Plans Quarterly Dividend of $0.07 (americanbankingnews.com)
A number of research firms recently commented on WERN. Stephens raised Werner Enterprises from an “equal weight” rating to an “overweight” rating and lifted their price objective for the stock from $30.00 to $36.00 in a research note on Monday, August 14th. BidaskClub upgraded Werner Enterprises from a “buy” rating to a “strong-buy” rating in a report on Wednesday. Zacks Investment Research downgraded Werner Enterprises from a “buy” rating to a “hold” rating in a report on Saturday, August 5th. TheStreet upgraded Werner Enterprises from a “c+” rating to a “b” rating in a report on Monday, June 19th. Finally, Deutsche Bank AG reiterated a “hold” rating and issued a $32.00 target price (up from $25.00) on shares of Werner Enterprises in a report on Wednesday, August 9th. One investment analyst has rated the stock with a sell rating, ten have assigned a hold rating, two have given a buy rating and one has issued a strong buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $30.36.
Werner Enterprises (NASDAQ:WERN) last announced its earnings results on Monday, July 24th. The transportation company reported $0.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.05. Werner Enterprises had a return on equity of 7.97% and a net margin of 3.90%. The firm had revenue of $519.50 million during the quarter, compared to analyst estimates of $521.63 million. During the same quarter in the prior year, the company earned $0.25 EPS. The business’s revenue was up 4.2% compared to the same quarter last year. On average, analysts forecast that Werner Enterprises will post $1.23 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 17th. Stockholders of record on Monday, October 2nd will be given a $0.07 dividend. This represents a $0.28 annualized dividend and a dividend yield of 0.91%. The ex-dividend date of this dividend is Friday, September 29th. Werner Enterprises’s dividend payout ratio is currently 25.45%.
In related news, CEO Derek J. Leathers sold 12,244 shares of the firm’s stock in a transaction that occurred on Monday, July 31st. The stock was sold at an average price of $30.02, for a total transaction of $367,564.88. Following the completion of the transaction, the chief executive officer now owns 228,780 shares of the company’s stock, valued at approximately $6,867,975.60. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, VP Jim S. Schelble sold 7,494 shares of the firm’s stock in a transaction that occurred on Monday, June 19th. The shares were sold at an average price of $29.50, for a total value of $221,073.00. Following the transaction, the vice president now directly owns 55,300 shares of the company’s stock, valued at approximately $1,631,350. The disclosure for this sale can be found here. Insiders sold a total of 39,994 shares of company stock valued at $1,197,593 in the last three months. Corporate insiders own 34.80% of the company’s stock.
Werner Enterprises Company Profile
Werner Enterprises, Inc is a transportation and logistics company. The Company is engaged in transporting truckload shipments of general commodities in both interstate and intrastate commerce. It operates through two segments: Truckload and Werner Logistics. It provides logistics services through its Werner Logistics division.
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