Werner Enterprises (WERN) : The consensus on Werner Enterprises (WERN) based on 14 analyst recommendation on the company stock is 3.04, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 3 which endorses a Hold on the stock. However, 2 analyst believes that the stock is a Buy, which can produce decent returns in the future. 10 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock. 1 analyst also believes that the downside risk to the stock is higher and suggests a Sell on Werner Enterprises (WERN).
Werner Enterprises (WERN) : The highest level Werner Enterprises (WERN) is projected to reach is $28 for the short term and the lowest estimate is at $22. The consolidated price target from 12 rating analysts who initiate coverage on the stock is $25.42 and the possibility the share price can swing is $2.15.
Also, In a research note released to the investors, Deutsche Bank maintains its rating on Werner Enterprises (NASDAQ:WERN).The analysts at the brokerage house have a current rating of Hold on the shares. In a recent information released to the investors, Deutsche Bank raises the new price target from $22 per share to $23 per share. The rating by the firm was issued on July 25, 2016.
Werner Enterprises (NASDAQ:WERN): After opening at $23.16, the stock dipped to an intraday low of $23.16 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $24.02 and the buying power remained strong till the end. The stock closed at $23.92 for the day, a gain of 2.66% for the day session. The total traded volume was 738,544. The stocks close on the previous trading day was $23.3.
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.