Goldman Sachs analyst Jordan Alliger maintains $Werner Enterprises (WERN.US)$ with a sell rating, and adjusts the target price from $42 to $33.
According to TipRanks data, the analyst has a success rate of 53.4% and a total average return of 7.9% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Werner Enterprises (WERN.US)$'s main analysts recently are as follows:
The firm's expectations for truckload earnings per share in Q3 have been adjusted downwards in light of a more conservative outlook for sequential margin improvement during the quarter. This revision is based on the anticipation of largely unchanged revenue per mile, coupled with a generally higher operating ratio, reflecting an ongoing pattern of below-seasonal margin performance quarter-over-quarter.
Analysts have initiated coverage on a variety of firms within the transportation and logistics industry. Their overall optimistic perspective is based on the belief that the industry is nearing the end of a cyclical downturn, with current rates and margins close to their lowest points. This scenario presents an opportunity for significant earnings growth by 2025 and continuing into 2026 as rates begin to rebound. This positive outlook is reinforced by the perception that many companies in the sector have robust management teams known for their disciplined approach to capital management. Furthermore, the essential nature of transportation services to the North American economy is seen as a factor that reduces the risk of disruption or replacement. Analysts recommend positioning in anticipation of a cyclical upturn, favoring companies that are expected to significantly benefit from tightening freight conditions. They have also initiated catalyst watches, indicating that certain companies could experience valuation adjustments due to their market positions and expected responses to rate changes during economic upturns.
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