Zacks: Analysts Anticipate Werner Enterprises, Inc. (NASDAQ:WERN) to Announce $0.86 EPS

Equities analysts predict that Werner Enterprises, Inc. (NASDAQ:WERN) will report $0.86 earnings per share (EPS) for the current quarter, Zacks Investment Research reports. Three analysts have made estimates for Werner Enterprises’ earnings, with the highest EPS estimate coming in at $0.89 and the lowest estimate coming in at $0.82. Werner Enterprises posted earnings per share of $0.62 during the same quarter last year, which would suggest a positive year-over-year growth rate of 38.7%. The company is expected to announce its next quarterly earnings report after the market closes on Thursday, July 29th.

According to Zacks, analysts expect that Werner Enterprises will report full-year earnings of $3.46 per share for the current year, with EPS estimates ranging from $3.30 to $3.60. For the next year, analysts anticipate that the firm will report earnings of $3.62 per share, with EPS estimates ranging from $3.12 to $3.92. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of research analysts that cover Werner Enterprises.

Werner Enterprises (NASDAQ:WERN) last announced its quarterly earnings results on Wednesday, April 28th. The transportation company reported $0.68 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.63 by $0.05. Werner Enterprises had a net margin of 8.03% and a return on equity of 16.78%. The firm had revenue of $616.45 million during the quarter, compared to the consensus estimate of $610.80 million. During the same period last year, the firm posted $0.40 EPS. The firm’s quarterly revenue was up 4.0% on a year-over-year basis.

Several equities research analysts have weighed in on the stock. Wells Fargo & Company lowered their price objective on shares of Werner Enterprises from $47.00 to $44.00 and set an “underweight” rating for the company in a research report on Tuesday, July 13th. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Werner Enterprises from $61.00 to $64.00 and gave the company a “buy” rating in a research report on Tuesday, June 15th. Susquehanna raised their price objective on shares of Werner Enterprises from $45.00 to $48.00 and gave the company a “neutral” rating in a research report on Tuesday, April 13th. Susquehanna Bancshares raised their price objective on shares of Werner Enterprises from $45.00 to $48.00 and gave the company a “neutral” rating in a research report on Monday, April 12th. Finally, Credit Suisse Group restated a “hold” rating and issued a $49.00 price objective on shares of Werner Enterprises in a research report on Friday, July 2nd. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and seven have given a buy rating to the company’s stock. Werner Enterprises has a consensus rating of “Hold” and an average price target of $49.41.

Institutional investors have recently added to or reduced their stakes in the stock. GPS Wealth Strategies Group LLC bought a new position in Werner Enterprises during the 1st quarter worth approximately $48,000. International Assets Investment Management LLC boosted its stake in Werner Enterprises by 4,971.8% during the 1st quarter. International Assets Investment Management LLC now owns 1,978 shares of the transportation company’s stock worth $93,000 after acquiring an additional 1,939 shares during the last quarter. Hills Bank & Trust Co bought a new position in Werner Enterprises during the 1st quarter worth approximately $118,000. JJJ Advisors Inc. boosted its stake in Werner Enterprises by 70.3% during the 1st quarter. JJJ Advisors Inc. now owns 3,232 shares of the transportation company’s stock worth $152,000 after acquiring an additional 1,334 shares during the last quarter. Finally, Public Employees Retirement System of Ohio boosted its stake in Werner Enterprises by 13.8% during the 1st quarter. Public Employees Retirement System of Ohio now owns 3,296 shares of the transportation company’s stock worth $155,000 after acquiring an additional 400 shares during the last quarter. 80.61% of the stock is currently owned by institutional investors and hedge funds.

WERN traded up $0.30 during midday trading on Friday, hitting $44.33. The company had a trading volume of 4,469 shares, compared to its average volume of 607,589. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.73 and a quick ratio of 1.69. The company has a market capitalization of $3.01 billion, a P/E ratio of 15.54, a PEG ratio of 0.98 and a beta of 0.80. Werner Enterprises has a twelve month low of $35.15 and a twelve month high of $49.76. The firm has a 50-day moving average price of $45.76.

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 20th. Investors of record on Tuesday, July 6th were paid a dividend of $0.12 per share. This is a positive change from Werner Enterprises’s previous quarterly dividend of $0.10. The ex-dividend date of this dividend was Friday, July 2nd. This represents a $0.48 annualized dividend and a yield of 1.08%. Werner Enterprises’s dividend payout ratio (DPR) is presently 18.53%.

Werner Enterprises Company Profile

Werner Enterprises, Inc, a transportation and logistics company, engages in transporting truckload shipments of general commodities in interstate and intrastate commerce in the United States, Mexico, and internationally. It operates in two segments, Truckload Transportation Services and Werner Logistics.

Recommended Story: What is the CBOE Russell 2000® Volatility Index?

Get a free copy of the Zacks research report on Werner Enterprises (WERN)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Werner Enterprises Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Werner Enterprises and related companies with MarketBeat.com's FREE daily email newsletter.