JPMorgan Chase & Co. Forecasts Strong Price Appreciation for Schneider National (NYSE:SNDR) Stock

Schneider National (NYSE:SNDR) had its target price upped by stock analysts at JPMorgan Chase & Co. from $27.00 to $28.00 in a report released on Monday,Benzinga reports. The firm presently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price objective would suggest a potential downside of 2.62% from the company’s current price.

Other equities research analysts also recently issued reports about the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Schneider National in a research note on Monday, December 29th. Susquehanna raised their price objective on Schneider National from $19.00 to $30.00 and gave the company a “neutral” rating in a research report on Thursday, January 8th. Zacks Research downgraded Schneider National from a “hold” rating to a “strong sell” rating in a research report on Monday, October 13th. Raymond James Financial upgraded Schneider National from a “market perform” rating to an “outperform” rating and set a $28.00 target price on the stock in a report on Wednesday, December 3rd. Finally, Bank of America raised Schneider National from a “neutral” rating to a “buy” rating and set a $32.00 price target on the stock in a research report on Friday, January 9th. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Schneider National currently has a consensus rating of “Moderate Buy” and an average target price of $28.60.

Schneider National Trading Down 0.0%

Shares of SNDR opened at $28.75 on Monday. Schneider National has a twelve month low of $20.11 and a twelve month high of $31.19. The firm has a market capitalization of $5.04 billion, a P/E ratio of 44.93, a price-to-earnings-growth ratio of 0.72 and a beta of 1.08. The company has a current ratio of 2.11, a quick ratio of 1.93 and a debt-to-equity ratio of 0.17. The stock’s fifty day simple moving average is $25.08 and its 200 day simple moving average is $24.32.

Schneider National (NYSE:SNDR) last announced its quarterly 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 firm had revenue of $1.45 billion for 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 revenue was up 10.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.18 earnings per share. 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 earnings per share for the current year.

Institutional Investors Weigh In On Schneider National

Several hedge funds and other institutional investors have recently modified their holdings of SNDR. Amalgamated Bank grew its stake in Schneider National by 3.2% in the third quarter. Amalgamated Bank now owns 14,768 shares of the company’s stock worth $312,000 after purchasing an additional 462 shares in the last quarter. Venturi Wealth Management LLC grew its position in shares of Schneider National by 8.8% in the 2nd quarter. Venturi Wealth Management LLC now owns 9,598 shares of the company’s stock worth $232,000 after acquiring an additional 775 shares in the last quarter. Teza Capital Management LLC increased its holdings in shares of Schneider National by 6.2% in the 2nd quarter. Teza Capital Management LLC now owns 13,719 shares of the company’s stock valued at $331,000 after acquiring an additional 802 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in shares of Schneider National by 7.3% during 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 acquiring an additional 821 shares in the last quarter. Finally, Raymond James Financial Inc. raised its position in shares of Schneider National by 0.5% during the 2nd quarter. Raymond James Financial Inc. now owns 183,179 shares of the company’s stock valued at $4,424,000 after acquiring an additional 835 shares in the last quarter. 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.