Stifel Nicolaus Increases Schneider National (NYSE:SNDR) Price Target to $29.00

Schneider National (NYSE:SNDR) had its price objective increased by stock analysts at Stifel Nicolaus from $25.00 to $29.00 in a report issued on Tuesday,Benzinga reports. The firm presently has a “buy” rating on the stock. Stifel Nicolaus’ target price suggests a potential upside of 8.39% from the stock’s current price.

Several other equities research analysts have also recently issued reports on the stock. TD Cowen decreased their price objective on shares of Schneider National from $25.00 to $23.00 and set a “buy” rating for the company in a research report on Friday, October 31st. National Bankshares set a $21.00 price target on Schneider National in a report on Friday, October 31st. Evercore ISI lowered their price objective on Schneider National from $22.00 to $21.00 and set an “in-line” rating for the company in a research report on Friday, October 31st. Citigroup cut their target price on Schneider National from $25.00 to $23.00 and set a “neutral” rating on the stock in a research report on Monday, November 3rd. Finally, Susquehanna decreased their target price on Schneider National from $24.00 to $21.00 and set a “neutral” rating for the company in a research note on Wednesday, September 24th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $26.07.

Schneider National Price Performance

Shares of NYSE SNDR opened at $26.76 on Tuesday. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.11 and a quick ratio of 1.93. The company has a market cap of $4.69 billion, a price-to-earnings ratio of 41.81, a price-to-earnings-growth ratio of 1.05 and a beta of 1.09. The stock’s 50-day moving average is $23.19 and its two-hundred day moving average is $23.86. Schneider National has a 1-year low of $20.11 and a 1-year high of $31.19.

Schneider National (NYSE:SNDR) last released its earnings results on Thursday, October 30th. The company reported $0.12 earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.09). Schneider National had a return on equity of 4.04% and a net margin of 2.03%.The firm had revenue of $1.45 billion for the quarter, compared to analysts’ expectations of $1.44 billion. During the same quarter in the previous year, the company posted $0.18 earnings per share. The firm’s quarterly revenue was up 10.4% on a year-over-year basis. Schneider National has set its FY 2025 guidance at 0.700-0.950 EPS. Analysts forecast that Schneider National will post 1.12 EPS for the current fiscal year.

Institutional Investors Weigh In On Schneider National

A number of institutional investors have recently added to or reduced their stakes in SNDR. WPG Advisers LLC acquired a new position in Schneider National during the first quarter worth $25,000. Quarry LP acquired a new position in shares of Schneider National during the 1st quarter worth $32,000. Elevation Point Wealth Partners LLC purchased a new position in shares of Schneider National in the 2nd quarter valued at about $37,000. Caitong International Asset Management Co. Ltd lifted its stake in shares of Schneider National by 2,425.4% in the third quarter. Caitong International Asset Management Co. Ltd now owns 1,692 shares of the company’s stock valued at $36,000 after purchasing an additional 1,625 shares during the period. Finally, KBC Group NV lifted its stake in shares of Schneider National by 86.3% in the second quarter. KBC Group NV now owns 2,290 shares of the company’s stock valued at $55,000 after purchasing an additional 1,061 shares during the period. Hedge funds and other institutional investors own 28.54% of the company’s stock.

Schneider National Company Profile

Schneider National, Inc, together with its subsidiaries, provides surface transportation and logistics solutions in the United States, Canada, and Mexico. It operates through three segments: Truckload, Intermodal, and Logistics. The Truckload segment offers over the road freight transportation services primarily through dry van, bulk, temperature-controlled, and flat-bed trailers across either network or dedicated configurations.