Fintel reports that on January 3, 2025, Susquehanna upgraded their outlook for Werner Enterprises (NasdaqGS:WERN) from Negative to Neutral.
Analyst Price Forecast Suggests 5.26% Upside
As of December 23, 2024, the average one-year price target for Werner Enterprises is $37.40/share. The forecasts range from a low of $28.28 to a high of $52.50. The average price target represents an increase of 5.26% from its latest reported closing price of $35.53 / share.
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The projected annual revenue for Werner Enterprises is 3,481MM, an increase of 12.38%. The projected annual non-GAAP EPS is 3.91.
What is the Fund Sentiment?
There are 555 funds or institutions reporting positions in Werner Enterprises. This is an decrease of 27 owner(s) or 4.64% in the last quarter. Average portfolio weight of all funds dedicated to WERN is 0.17%, an increase of 2.55%. Total shares owned by institutions increased in the last three months by 9.08% to 80,847K shares. 
The put/call ratio of WERN is 0.60, indicating a bullish outlook.
What are Other Shareholders Doing?
Nuance Investments holds 3,944K shares representing 6.38% ownership of the company. In its prior filing, the firm reported owning 3,168K shares , representing an increase of 19.68%. The firm increased its portfolio allocation in WERN by 47.39% over the last quarter.
IJR - iShares Core S&P Small-Cap ETF holds 3,942K shares representing 6.38% ownership of the company. In its prior filing, the firm reported owning 4,101K shares , representing a decrease of 4.02%. The firm decreased its portfolio allocation in WERN by 7.08% over the last quarter.
Victory Capital Management holds 3,514K shares representing 5.69% ownership of the company. In its prior filing, the firm reported owning 3,694K shares , representing a decrease of 5.13%. The firm decreased its portfolio allocation in WERN by 10.78% over the last quarter.
Macquarie Group holds 3,415K shares representing 5.53% ownership of the company. In its prior filing, the firm reported owning 3,589K shares , representing a decrease of 5.07%. The firm decreased its portfolio allocation in WERN by 29.28% over the last quarter.
SSGSX - Victory Sycamore Small Company Opportunity Fund holds 2,584K shares representing 4.18% ownership of the company. In its prior filing, the firm reported owning 2,645K shares , representing a decrease of 2.36%. The firm increased its portfolio allocation in WERN by 4.39% over the last quarter.
Werner Enterprises Background Information
(This description is provided by the company.)
Werner Enterprises, Inc. was founded in 1956 and is a premier transportation and logistics company, with coverage throughout North America, Asia, Europe, South America, Africa and Australia. Werner maintains its global headquarters in Omaha, Nebraska and maintains offices in the United States, Canada, Mexico and China. Werner is among the five largest truckload carriers in the United States, with a diversified portfolio of transportation services that includes dedicated; medium-to-long-haul, regional and expedited van; and temperature-controlled. The Werner Logistics portfolio includes truck brokerage, freight management, intermodal, international and final mile services. International services are provided through Werner's domestic and global subsidiary companies and include ocean, air and ground transportation; freight forwarding; and customs brokerage. Werner Enterprises, Inc.'s common stock trades on the NASDAQ Global Select MarketSM under the symbol 'WERN'.
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