Werner Enterprises (WERN) Lowered to Buy at BidaskClub
Werner Enterprises (NASDAQ:WERN) was downgraded by investment analysts at BidaskClub from a “strong-buy” rating to a “buy” rating in a research note issued to investors on Friday, January 5th.
A number of other research firms have also issued reports on WERN. Robert W. Baird restated a “hold” rating and issued a $38.00 target price on shares of Werner Enterprises in a report on Friday, October 6th. Morgan Stanley increased their price objective on Werner Enterprises from $32.00 to $35.00 and gave the stock an “overweight” rating in a report on Friday, October 20th. Cowen lowered Werner Enterprises from a “market perform” rating to an “underperform” rating in a report on Monday, October 16th. Zacks Investment Research upgraded Werner Enterprises from a “hold” rating to a “buy” rating and set a $44.00 price objective for the company in a report on Tuesday, December 26th. Finally, Credit Suisse Group cut their price objective on Werner Enterprises from $35.00 to $34.00 and set a “neutral” rating for the company in a report on Friday, October 20th. Three research analysts have rated the stock with a sell rating, eight have issued a hold rating and five have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $36.00.
Werner Enterprises (NASDAQ:WERN) traded up $0.05 on Friday, hitting $42.90. The stock had a trading volume of 1,513,353 shares, compared to its average volume of 812,887. The stock has a market capitalization of $3,099.64, a price-to-earnings ratio of 37.30, a P/E/G ratio of 1.67 and a beta of 0.97. Werner Enterprises has a one year low of $24.20 and a one year high of $43.95. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.78 and a quick ratio of 1.73.
About Werner Enterprises
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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