Bank of America Increases Schneider National (NYSE:SNDR) Price Target to $28.00

Schneider National (NYSE:SNDR) had its price target increased by Bank of America from $26.00 to $28.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The firm currently has a “neutral” rating on the stock. Bank of America‘s target price indicates a potential upside of 2.98% from the company’s previous close.

SNDR has been the topic of a number of other reports. JPMorgan Chase & Co. lowered their price objective on shares of Schneider National from $28.00 to $27.00 and set a “neutral” rating on the stock in a research report on Friday, October 31st. Evercore ISI lowered their price target on shares of Schneider National from $22.00 to $21.00 and set an “in-line” rating on the stock in a report on Friday, October 31st. Citigroup cut their price objective on Schneider National from $25.00 to $23.00 and set a “neutral” rating for the company in a report on Monday, November 3rd. Raymond James Financial raised Schneider National from a “market perform” rating to an “outperform” rating and set a $28.00 price objective for the company in a research report on Wednesday, December 3rd. Finally, Stifel Nicolaus boosted their target price on Schneider National from $25.00 to $29.00 and gave the company a “buy” rating in a research note on Tuesday, December 16th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $26.20.

Schneider National Stock Performance

Shares of SNDR opened at $27.19 on Wednesday. The company has a 50-day moving average of $23.72 and a two-hundred day moving average of $23.99. The stock has a market cap of $4.77 billion, a price-to-earnings ratio of 42.49, a PEG ratio of 1.07 and a beta of 1.09. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.11 and a quick ratio of 1.93. Schneider National has a one year low of $20.11 and a one year high of $31.19.

Schneider National (NYSE:SNDR) last issued its earnings results on Thursday, October 30th. The company reported $0.12 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.09). The business had revenue of $1.45 billion during the quarter, compared to analyst estimates of $1.44 billion. Schneider National had a return on equity of 4.04% and a net margin of 2.03%.The business’s quarterly revenue was up 10.4% on a year-over-year basis. During the same period last year, the business earned $0.18 EPS. Schneider National has set its FY 2025 guidance at 0.700-0.950 EPS. On average, equities research analysts expect that Schneider National will post 1.12 earnings per share for the current year.

Institutional Investors Weigh In On Schneider National

Hedge funds and other institutional investors have recently made changes to their positions in the business. Amalgamated Bank lifted its position in shares of Schneider National by 3.2% during the 3rd quarter. Amalgamated Bank now owns 14,768 shares of the company’s stock worth $312,000 after purchasing an additional 462 shares during the last quarter. Venturi Wealth Management LLC increased its position in Schneider National by 8.8% during the second quarter. Venturi Wealth Management LLC now owns 9,598 shares of the company’s stock worth $232,000 after acquiring an additional 775 shares during the period. Teza Capital Management LLC raised its stake in Schneider National by 6.2% during the 2nd quarter. Teza Capital Management LLC now owns 13,719 shares of the company’s stock valued at $331,000 after purchasing an additional 802 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in Schneider National by 7.3% in the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 12,068 shares of the company’s stock valued at $291,000 after purchasing an additional 821 shares during the period. Finally, Raymond James Financial Inc. boosted its holdings in Schneider National by 0.5% in the 2nd quarter. Raymond James Financial Inc. now owns 183,179 shares of the company’s stock valued at $4,424,000 after purchasing an additional 835 shares during the period. 28.54% of the stock is owned by institutional investors and hedge funds.

About Schneider National

Schneider National, Inc is a leading provider of transportation and logistics services in North America. The company offers a full spectrum of solutions, including truckload transportation, intermodal services and dedicated logistics. Through these offerings, Schneider supports the movement of goods ranging from dry van freight to refrigerated and flatbed shipments, while also providing customized supply chain management and warehousing capabilities.

Founded in 1935 by Al Schneider as a single-truck operation in Green Bay, Wisconsin, the company has grown into one of the industry’s most recognized carriers.