Schneider National Inc Expected to Post Q3 2017 Earnings of $0.25 Per Share (SNDR)
Schneider National Inc (NASDAQ:SNDR) – Investment analysts at KeyCorp issued their Q3 2017 earnings per share estimates for Schneider National in a research note issued to investors on Tuesday. KeyCorp analyst T. Fowler anticipates that the company will earn $0.25 per share for the quarter. KeyCorp has a “Sector Weight” rating on the stock. KeyCorp also issued estimates for Schneider National’s Q4 2017 earnings at $0.32 EPS, FY2017 earnings at $0.95 EPS and FY2018 earnings at $1.15 EPS.
Several other equities research analysts have also recently weighed in on SNDR. Bank of America Corporation reiterated a “buy” rating and set a $25.00 price target (up from $23.00) on shares of Schneider National in a research report on Monday, July 10th. Zacks Investment Research cut Schneider National from a “hold” rating to a “sell” rating in a research report on Thursday, July 13th. BidaskClub upgraded Schneider National from a “buy” rating to a “strong-buy” rating in a research report on Tuesday, September 12th. UBS AG reiterated a “buy” rating and set a $30.00 price target (up from $24.00) on shares of Schneider National in a research report on Friday, September 29th. Finally, Robert W. Baird reiterated a “buy” rating and set a $28.00 price target on shares of Schneider National in a research report on Friday, October 6th. Three investment analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $24.13.
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Shares of Schneider National (NASDAQ:SNDR) opened at 24.82 on Friday. The firm has a market capitalization of $4.39 billion and a P/E ratio of 1.60. Schneider National has a 52 week low of $17.69 and a 52 week high of $26.85. The firm’s 50-day moving average is $23.73 and its 200-day moving average is $21.28.
Schneider National (NASDAQ:SNDR) last announced its quarterly earnings data on Tuesday, August 1st. The company reported $0.23 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.23. The firm had revenue of $1.08 billion for the quarter, compared to the consensus estimate of $1.07 billion. Schneider National had a net margin of 4.32% and a return on equity of 13.37%. The business’s revenue for the quarter was up 8.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.28 earnings per share.
The firm also recently disclosed a quarterly dividend, which was paid on Monday, October 2nd. Stockholders of record on Wednesday, September 20th were issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 0.81%. The ex-dividend date of this dividend was Tuesday, September 19th.
Several hedge funds and other institutional investors have recently modified their holdings of the company. California State Teachers Retirement System purchased a new position in shares of Schneider National during the second quarter worth about $1,291,000. The Manufacturers Life Insurance Company purchased a new position in shares of Schneider National during the second quarter worth about $540,000. Cubist Systematic Strategies LLC purchased a new position in shares of Schneider National during the second quarter worth about $1,916,000. BlueCrest Capital Management Ltd purchased a new position in shares of Schneider National during the second quarter worth about $1,119,000. Finally, State Street Corp purchased a new position in shares of Schneider National during the second quarter worth about $4,952,000.
Schneider National Company Profile
Schneider National, Inc is a provider of transportation, logistics and related services. The Company’s transportation solutions include one-way, intermodal, dedicated, bulk, transport management, trans loading services, international services and Schneider payment services. Its supply chain management and consulting services include logistics solution design, global supply chain services, enterprise and market entry assistance, and sourcing and compliance.
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