Evercore ISI Stick to Their Hold Rating for Werner Enterprises
Investing.com
Published Oct 31, 2021 09:17AM ET
Evercore ISI analyst Jonathan Chappell maintained a Hold rating on Werner Enterprises (NASDAQ:WERN) on Friday, setting a price target of $46, which is approximately 1.50% above the present share price of $45.32.
Chappell expects Werner Enterprises to post earnings per share (EPS) of $1.06 for the fourth quarter of 2021.
The current consensus among 10 TipRanks analysts is for a Hold rating of shares in Werner Enterprises, with an average price target of $50.67.
The analysts price targets range from a high of $65 to a low of $41.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $649.81 million and a net profit of $76.86 million. The company's market cap is $3.08 billion.
According to TipRanks.com, Evercore ISI analyst Jonathan Chappell is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 11.1% and a 61.76% success rate.
Werner Enterprises, Inc. engages in the provision of logistics services. It operates through the Truckload Transportation Services and Werner Logistics segments. The Truckload Transportation Services segment consists of one-way truckload and specialized services units such as the medium-to-long haul van fleet which provides a consumer non durable products and commodities in truckload quantities. The Werner Logistics segment provides non-trucking services to customers such as truck brokerages which uses contracted carriers to complete customer shipments. The company was founded by Clarence L. Werner in 1956 and is headquartered in Omaha, NE.
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Written By: Investing.com
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