KeyBanc Reiterates a Hold Rating on Werner Enterprises

By Austin Angelo

In a report released yesterday, Todd Fowler from KeyBanc reiterated a Hold rating on Werner Enterprises (NASDAQ: WERN). The company’s shares opened today at $26.05.

According to, Fowler is a 4-star analyst with an average return of 8.6% and a 57.5% success rate. Fowler covers the Services sector, focusing on stocks such as Knight Transportation, Old Dominion Freight, and Quality Distribution.

Werner Enterprises has an analyst consensus of Moderate Buy, with a price target consensus of $24.

The company has a one year high of $28.80 and a one year low of $20.91. Currently, Werner Enterprises has an average volume of 760.2K.

Based on the recent corporate insider activity of 26 insiders, corporate insider sentiment is neutral on the stock. Most recently, in August 2015, Robert Synowicki, the Exec VP-Driver Resources of WERN sold 3,500 shares for a total of $99,750.

Werner Enterprises, Inc. engages in the provision of logistics services. Its activities include transportation of truckload shipments of general commodities in both interstate and intrastate commerce. It operates through the Truckload Transportation Services, and Value Added Services segments. The Truckload Transportation Services segment is consists of one-way truckload and specialized services units such as the medium-to-long haul van fleet which provides a variety of consumer non durable products and other commodities in truckload quantities; the expedited fleet provides time-sensitive truckload services utilizing driver teams; and the regional short-haul fleet which provides comparable truckload van service within geographic regions across the United States. The Value Added Service segment refers to nits that provide non-trucking services to customers such as truck brokerages which uses contracted carriers to complete customer shipments; freight management that provides full range of single-source logistics management services ad solutions; the intermodal unit that offers rail transportation through alliances with rail and drayage providers as an alternative to truck transportation; and the Werner Global Logistics International the provides complete management off global shipments from origin to destination using a combination of air, ocean, truck and rail transportation modes. The company was founded by Clarence L. Werner in 1956 and is headquartered in Omaha, NE.