Evercore ISI Raises Schneider National (NYSE:SNDR) Price Target to $30.00

Schneider National (NYSE:SNDR) had its price target boosted by analysts at Evercore ISI from $21.00 to $30.00 in a note issued to investors on Tuesday,Benzinga reports. The firm currently has an “in-line” rating on the stock. Evercore ISI’s target price would indicate a potential upside of 3.11% from the stock’s previous close.

SNDR has been the topic of several other reports. Wells Fargo & Company upped their target price on Schneider National from $23.00 to $30.00 and gave the company an “equal weight” rating in a research report on Tuesday, January 6th. Citigroup boosted their price target on Schneider National from $23.00 to $31.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 7th. TD Cowen cut their price objective on shares of Schneider National from $25.00 to $23.00 and set a “buy” rating on the stock in a report on Friday, October 31st. Bank of America upgraded shares of Schneider National from a “neutral” rating to a “buy” rating and set a $32.00 target price for the company in a research note on Friday, January 9th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Schneider National in a research report on Monday, December 29th. One investment 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 assigned a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $28.80.

Schneider National Trading Up 1.0%

NYSE:SNDR opened at $29.10 on Tuesday. The stock has a market capitalization of $5.10 billion, a price-to-earnings ratio of 45.46, a PEG ratio of 0.73 and a beta of 1.08. Schneider National has a 52 week low of $20.11 and a 52 week high of $31.19. 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 50 day moving average of $25.21 and a 200 day moving average of $24.36.

Schneider National (NYSE:SNDR) last released its quarterly earnings results on Thursday, October 30th. The company reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate 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 prior year, the firm posted $0.18 earnings per share. Schneider National’s revenue for the quarter 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. As a group, sell-side analysts anticipate that Schneider National will post 1.12 earnings per share for the current fiscal year.

Institutional Trading of Schneider National

Several large investors have recently made changes to their positions in SNDR. Dimensional Fund Advisors LP increased its stake in shares of Schneider National by 1.4% in the third quarter. Dimensional Fund Advisors LP now owns 4,773,667 shares of the company’s stock worth $101,010,000 after acquiring an additional 66,928 shares during the period. First Trust Advisors LP boosted its holdings in Schneider National by 10.7% in the second 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. American Century Companies Inc. grew its position in Schneider National by 14.8% during the 2nd quarter. American Century Companies Inc. now owns 2,991,213 shares of the company’s stock worth $72,238,000 after purchasing an additional 386,340 shares during the period. Balyasny Asset Management L.P. purchased a new position in shares of Schneider National during the 2nd quarter valued at about $26,393,000. Finally, New York State Common Retirement Fund raised its stake in shares of Schneider National by 8.6% during the 2nd quarter. New York State Common Retirement Fund now owns 971,225 shares of the company’s stock valued at $23,455,000 after buying an additional 77,170 shares during the last quarter. 28.54% of the stock is owned by hedge funds and other institutional investors.

Schneider National Company Profile

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.