Schneider National (NYSE:SNDR) had its price objective decreased by equities research analysts at Buckingham Research from $35.00 to $32.00 in a research report issued on Friday, Stock Target Advisor reports. The brokerage currently has a “buy” rating on the stock. Buckingham Research’s target price suggests a potential upside of 48.08% from the stock’s current price.
Several other equities analysts have also commented on SNDR. ValuEngine lowered Schneider National from a “buy” rating to a “hold” rating in a report on Friday, June 29th. Stifel Nicolaus began coverage on Schneider National in a report on Friday, June 29th. They issued a “hold” rating and a $29.00 target price on the stock. Zacks Investment Research upgraded shares of Schneider National from a “hold” rating to a “buy” rating and set a $30.00 price objective for the company in a research note on Thursday, September 6th. Wolfe Research downgraded shares of Schneider National from a “peer perform” rating to an “underperform” rating in a research note on Friday, October 5th. Finally, Morgan Stanley upped their price objective on shares of Schneider National from $36.00 to $37.00 and gave the company an “overweight” rating in a research note on Friday, August 3rd. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and five have assigned a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of $31.13.
NYSE:SNDR opened at $21.61 on Friday. The firm has a market capitalization of $4.42 billion, a P/E ratio of 22.99, a price-to-earnings-growth ratio of 1.26 and a beta of 0.98. The company has a debt-to-equity ratio of 0.21, a quick ratio of 2.27 and a current ratio of 2.41. Schneider National has a 12 month low of $21.54 and a 12 month high of $30.52.
Schneider National (NYSE:SNDR) last posted its earnings results on Thursday, August 2nd. The company reported $0.40 EPS for the quarter, beating the consensus estimate of $0.36 by $0.04. The firm had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.21 billion. Schneider National had a return on equity of 11.61% and a net margin of 9.28%. Schneider National’s revenue for the quarter was up 15.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.23 earnings per share. Analysts predict that Schneider National will post 1.52 EPS for the current fiscal year.
In other Schneider National news, Director James R. Giertz bought 4,000 shares of the firm’s stock in a transaction dated Tuesday, August 28th. The stock was acquired at an average price of $26.92 per share, for a total transaction of $107,680.00. Following the completion of the purchase, the director now owns 12,237 shares of the company’s stock, valued at $329,420.04. The acquisition was disclosed in a filing with the SEC, which is available through this link. Also, insider Steven J. Matheys sold 30,000 shares of the stock in a transaction dated Thursday, August 2nd. The stock was sold at an average price of $26.95, for a total transaction of $808,500.00. Following the sale, the insider now owns 778,897 shares of the company’s stock, valued at approximately $20,991,274.15. The disclosure for this sale can be found here. Insiders sold 90,000 shares of company stock valued at $2,434,800 in the last 90 days. 43.46% of the stock is currently owned by insiders.
Institutional investors and hedge funds have recently made changes to their positions in the company. DekaBank Deutsche Girozentrale acquired a new stake in shares of Schneider National during the second quarter worth about $111,000. State of Alaska Department of Revenue acquired a new stake in shares of Schneider National during the third quarter worth about $126,000. Signet Financial Management LLC acquired a new stake in shares of Schneider National during the second quarter worth about $135,000. BlueMountain Capital Management LLC acquired a new stake in shares of Schneider National during the second quarter worth about $135,000. Finally, Legal & General Group Plc acquired a new stake in shares of Schneider National during the second quarter worth about $173,000. Institutional investors and hedge funds own 24.08% of the company’s stock.
Schneider National Company Profile
Schneider National, Inc, a transportation and logistics services company, provides truckload, intermodal, and logistics solutions in North America. Its Truckload segment provides standard long-haul and regional shipping services through dry van equipment; and bulk, temperature-controlled, final mile delivery, and customized solutions for time-sensitive loads.
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