Susquehanna Forecasts Strong Price Appreciation for Schneider National (NYSE:SNDR) Stock

Schneider National (NYSE:SNDR) had its target price lifted by equities research analysts at Susquehanna from $19.00 to $30.00 in a note issued to investors on Thursday, MarketBeat.com reports. The firm currently has a “neutral” rating on the stock. Susquehanna’s target price suggests a potential upside of 3.82% from the company’s current price.

Several other brokerages also recently commented on SNDR. Raymond James Financial raised shares of Schneider National from a “market perform” rating to an “outperform” rating and set a $28.00 price target for the company in a report on Wednesday, December 3rd. National Bankshares set a $21.00 price objective on Schneider National in a research report on Friday, October 31st. Wells Fargo & Company lifted their price objective on Schneider National from $23.00 to $30.00 and gave the company an “equal weight” rating in a research note on Tuesday. TD Cowen decreased their target price on Schneider National from $25.00 to $23.00 and set a “buy” rating on the stock in a research note on Friday, October 31st. Finally, Zacks Research cut Schneider National from a “hold” rating to a “strong sell” rating in a report on Monday, October 13th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $27.93.

Schneider National Stock Up 1.2%

SNDR stock opened at $28.90 on Thursday. The company has a quick ratio of 1.93, a current ratio of 2.11 and a debt-to-equity ratio of 0.17. The firm has a market capitalization of $5.07 billion, a PE ratio of 45.15, a PEG ratio of 0.71 and a beta of 1.08. Schneider National has a twelve month low of $20.11 and a twelve month high of $31.19. The stock has a 50-day simple moving average of $24.79 and a two-hundred day simple moving average of $24.26.

Schneider National (NYSE:SNDR) last announced 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 period in the previous year, the company posted $0.18 earnings per share. The company’s quarterly 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 analysts predict that Schneider National will post 1.12 EPS for the current fiscal year.

Hedge Funds Weigh In On Schneider National

Several institutional investors have recently modified their holdings of the company. Balyasny Asset Management L.P. bought a new stake in Schneider National in the 2nd quarter worth approximately $26,393,000. Gotham Asset Management LLC lifted its holdings in shares of Schneider National by 396.1% in the 3rd quarter. Gotham Asset Management LLC now owns 855,802 shares of the company’s stock worth $18,109,000 after acquiring an additional 683,298 shares during the last quarter. Quantinno Capital Management LP lifted its holdings in shares of Schneider National by 644.7% in the 2nd quarter. Quantinno Capital Management LP now owns 620,714 shares of the company’s stock worth $14,990,000 after acquiring an additional 537,364 shares during the last quarter. American Century Companies Inc. boosted its stake in shares of Schneider National by 14.8% in the 2nd quarter. American Century Companies Inc. now owns 2,991,213 shares of the company’s stock valued at $72,238,000 after purchasing an additional 386,340 shares in the last quarter. Finally, First Trust Advisors LP grew its holdings in shares of Schneider National by 10.7% during the 2nd quarter. First Trust Advisors LP now owns 3,962,710 shares of the company’s stock valued at $95,700,000 after purchasing an additional 381,898 shares during the last quarter. 28.54% of the stock is currently owned by institutional investors.

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.