Schneider National (NYSE:SNDR) Stock Price Expected to Rise, Wells Fargo & Company Analyst Says

Schneider National (NYSE:SNDR) had its price objective raised by research analysts at Wells Fargo & Company from $23.00 to $30.00 in a research report issued on Tuesday,Benzinga reports. The firm currently has an “equal weight” rating on the stock. Wells Fargo & Company‘s price target would indicate a potential upside of 7.44% from the company’s current price.

A number of other analysts have also recently weighed in on the company. Weiss Ratings restated a “hold (c)” rating on shares of Schneider National in a research note on Monday, December 29th. Citigroup decreased their target price on Schneider National from $25.00 to $23.00 and set a “neutral” rating for the company in a research note on Monday, November 3rd. JPMorgan Chase & Co. lowered their price target on Schneider National from $28.00 to $27.00 and set a “neutral” rating for the company in a report on Friday, October 31st. National Bankshares set a $21.00 price target on shares of Schneider National in a research note on Friday, October 31st. Finally, Bank of America boosted their price objective on shares of Schneider National from $26.00 to $28.00 and gave the stock a “neutral” rating in a research report on Wednesday, December 24th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Schneider National presently has a consensus rating of “Hold” and a consensus price target of $26.53.

Schneider National Stock Performance

Shares of Schneider National stock opened at $27.92 on Tuesday. The business has a 50-day simple moving average of $24.48 and a 200-day simple moving average of $24.19. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.93 and a current ratio of 2.11. Schneider National has a one year low of $20.11 and a one year high of $31.19. The company has a market cap of $4.89 billion, a PE ratio of 43.63, a P/E/G ratio of 0.70 and a beta of 1.08.

Schneider National (NYSE:SNDR) last issued its quarterly earnings results on Thursday, October 30th. The company reported $0.12 earnings per share (EPS) 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 during the quarter, compared to analysts’ expectations of $1.44 billion. During the same quarter in the prior year, the firm earned $0.18 EPS. The firm’s revenue was up 10.4% compared to the same quarter last year. Schneider National has set its FY 2025 guidance at 0.700-0.950 EPS. On average, equities research analysts forecast that Schneider National will post 1.12 EPS for the current fiscal year.

Hedge Funds Weigh In On Schneider National

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Caitong International Asset Management Co. Ltd increased its position in Schneider National by 2,425.4% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,692 shares of the company’s stock valued at $36,000 after acquiring an additional 1,625 shares during the period. Elevation Point Wealth Partners LLC purchased a new position in shares of Schneider National in the 2nd quarter valued at approximately $37,000. KBC Group NV increased its holdings 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. Quarry LP increased its holdings in shares of Schneider National by 36.7% in the third quarter. Quarry LP now owns 3,404 shares of the company’s stock valued at $72,000 after purchasing an additional 913 shares during the period. Finally, Hantz Financial Services Inc. raised its stake in shares of Schneider National by 2,943.5% during the second quarter. Hantz Financial Services Inc. now owns 3,500 shares of the company’s stock worth $85,000 after purchasing an additional 3,385 shares during the last quarter. Hedge funds and other institutional investors own 28.54% of the company’s stock.

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.