Werner Enterprises (NASDAQ:WERN) : 1 brokerage houses believe that Werner Enterprises (NASDAQ:WERN) is a Strong Buy at current levels. 2 Analyst considers the fundamentals to be worthy of a Buy recommendation. 12 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Werner Enterprises (NASDAQ:WERN). Zacks Investment Research suggests a Strong Sell with a rank of 5. 1 analysts perceive the stock to be overvalued at the existing levels, hence their call is to Sell the stock. 1 others believe that the stock has run up ahead of its fundamentals and advise a Strong Sell on the stock.The median of all the 17 Wall Street Analysts endorse the stock as a Hold with a rating of 2.91.
Werner Enterprises (NASDAQ:WERN) : Average target price received by Werner Enterprises (NASDAQ:WERN) is $26.29 with an expected standard deviation of $4.34. The most aggressive target on the stock is $37, whereas the most downbeat target is $22. 14 financial analysts are currently covering the stock.
Company shares have received an average consensus rating of Hold for the current week Also, Equity Analysts at the JP Morgan downgrades the rating on Werner Enterprises (NASDAQ:WERN). The brokerage firm has issued a Neutral rating on the shares. The shares were previously rated Overweight. The Analysts at the ratings agency lowers the price target from $30 per share to $23 per share. The rating by the firm was issued on June 21, 2016.
Werner Enterprises (NASDAQ:WERN): stock turned positive on Tuesday. Though the stock opened at $21.82, the bulls momentum made the stock top out at $22.09 level for the day. The stock recorded a low of $21.69 and closed the trading day at $22.04, in the green by 1.52%. The total traded volume for the day was 934,979. The stock had closed at $21.71 in the previous days trading.
In an insider trading activity, Synowicki Robert E Jr, officer (Exec VP-Driver Resources) of Werner Enterprises Inc, unloaded 3,500 shares at an average price of $28.51 on July 31, 2015. The total amount of the transaction was worth $99,785, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.
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. The Company also provides logistics services through its Value Added Services (VAS) division. The Company operates through two segments: Truckload Transportation Services (Truckload) and VAS. Truckload segment comprises the One-Way Truckload and Specialized Services units. The Companys VAS segment is a non-asset-based transportation and logistics provider. The Company has a fleet of approximately 7,050 trucks, of which approximately 6,400 were company-operated and approximately 650 were owned and operated by independent contractors. Its VAS division operates approximately 55 intermodal drayage trucks.