NEW YORK, July 25, 2016 /PRNewswire/ --
Stock-Callers.com's focus today is directed on the Trucking industry, which expects steady growth this year. Let us review the following companies and see how they have fared at the close: Werner Enterprises Inc. (NASDAQ: WERN), JB Hunt Transport Services Inc. (NASDAQ: JBHT), Old Dominion Freight Line Inc. (NASDAQ: ODFL), and YRC Worldwide Inc. (NASDAQ: YRCW). Learn more about these stocks by accessing their free notes at:
Omaha, Nebraska headquartered Werner Enterprises Inc.'s stock finished last Friday's session 4.77% higher at $25.26. A total volume of 1.54 million shares was traded, which was above their three months average volume of 868,610 shares. The Company's shares have advanced 14.34% in the past month and 8.51% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 5.98% and 0.26%, respectively. Additionally, shares of Werner Enterprises have a Relative Strength Index (RSI) of 65.73.
On July 22nd, 2016, Werner Enterprises announced its Q2 financial results. The company reported earnings per diluted share were $0.25 for Q2 2016, at the upper end of the earnings guidance range of $0.21 to $0.25 per share announced on June 20th, 2016. Both the actual Q2 2016 earnings and the aforementioned Q2 2016 earnings guidance range include a pre-tax gain on sale of real estate of $3.4 million.
On July 22nd, 2016, research firm Cowen reiterated its 'Market Perform' rating with an increase of the target price to $24 a share from $23 a share for the Company's stock. Visit us today and access our complete notes on WERN at:
JB Hunt Transport Services
On Friday, shares in Lowell, Arkansas headquartered JB Hunt Transport Services Inc. ended the session 2.33% higher at $83.35. The stock recorded a trading volume of 891,919 shares, which was higher than its three months average volume of 762,640 shares. The Company's shares have gained 4.70% in the last one month and 14.25% on an YTD basis. The stock is trading 2.28% above its 50-day moving average and 6.80% above its 200-day moving average. Moreover, shares of JB Hunt Transport Services have an RSI of 55.42.
On July 19th, 2016, research firm UBS reiterated its 'Neutral' rating with a decrease of the target price to $86 a share from $90 a share for the Company's stock.
On July 21st, 2016, J.B. Hunt Transport Services announced that its Board of Directors has authorized the quarterly dividend on its common stock of $ 0.22 per common share, payable to stockholders of record on August 5th, 2016. The dividend will be paid on August 19th, 2016. The complimentary notes on JBHT can be accessed at:
Old Dominion Freight Line
Thomasville, North Carolina-based Old Dominion Freight Line Inc.'s shares gained 3.81%, closing the session at $67.34. The stock recorded a trading volume of 771,103 shares, which was above its three months average volume of 653,800 shares. The Company's shares have gained 12.12% in the last one month and 14.00% on an YTD basis. The stock is trading 8.68% and 7.44% above its 50-day and 200-day moving averages, respectively. Additionally, shares of Old Dominion Freight Line, which operates as a less-than-truckload motor carrier in the U.S. and North America, have an RSI of 71.50.
On July 07th, 2016, Old Dominion Freight Line announced that it plans to release its Q2 2016 financial results before market on July 28th, 2016. The Company will also hold a conference call to discuss its financial results and outlook at 10:00 a.m. (Eastern Time) on the same day. Register for free on Stock-Callers.com and access the latest notes on ODFL at:
At the close on Friday, shares in Overland Park, Kansas headquartered YRC Worldwide Inc. recorded a trading volume of 773,047 shares, which was above their three months average volume of 606,100 shares. The stock ended the day 1.54% higher at $9.92. The Company's shares have advanced 9.01% in the past month and 3.55% over the previous three months. The stock is trading above its 50-day moving average by 8.69%. Furthermore, shares of YRC Worldwide, which through its subsidiaries, provides various transportation services primarily in North America, have an RSI of 57.90.
On June 28th, 2016, YRC Worldwide announced that it has amended several key terms of its Asset Based Loan facility. The most substantial changes were: A 50 basis points (bps) reduction in interest spread from Libor + 225 bps to Libor + 175 bps. Subject to certain conditions, the maturity has been extended from February 2019 to June 2021; and a reduction in availability requirements under the Facility. Get free access to your notes on YRCW at:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: [email protected]
Phone number: +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA