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

Schneider National (NYSE:SNDR) had its price objective raised by equities researchers at Stifel Nicolaus from $29.00 to $32.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The firm presently has a “buy” rating on the stock. Stifel Nicolaus’ price target suggests a potential upside of 7.41% from the stock’s previous close.

Several other research firms have also recently commented on SNDR. Bank of America raised 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. TD Cowen lowered their price objective on Schneider National from $25.00 to $23.00 and set a “buy” rating for the company in a research report on Friday, October 31st. Wells Fargo & Company upped their target price on shares of Schneider National from $23.00 to $30.00 and gave the stock an “equal weight” rating in a research note on Tuesday, January 6th. Evercore ISI lifted their price target on shares of Schneider National from $21.00 to $30.00 and gave the stock an “in-line” rating in a research note on Tuesday. Finally, Susquehanna boosted their price target on shares of Schneider National from $19.00 to $30.00 and gave the stock a “neutral” rating in a report on Thursday, January 8th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $28.80.

Schneider National Price Performance

Shares of SNDR opened at $29.79 on Wednesday. Schneider National has a fifty-two week low of $20.11 and a fifty-two week high of $31.19. The firm’s 50 day moving average price is $25.36 and its 200 day moving average price is $24.39. The company has a market cap of $5.22 billion, a P/E ratio of 46.55, a PEG ratio of 0.74 and a beta of 1.08. The company has a quick ratio of 1.93, a current ratio of 2.11 and a debt-to-equity ratio of 0.17.

Schneider National (NYSE:SNDR) last issued 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 business had revenue of $1.45 billion during the quarter, compared to analysts’ expectations of $1.44 billion. Schneider National had a net margin of 2.03% and a return on equity of 4.04%. The business’s quarterly revenue was up 10.4% on a year-over-year basis. During the same period in the prior year, the business earned $0.18 EPS. Schneider National has set its FY 2025 guidance at 0.700-0.950 EPS. On average, research analysts forecast that Schneider National will post 1.12 earnings per share for the current fiscal year.

Institutional Trading of Schneider National

Several institutional investors have recently modified their holdings of the stock. Blueprint Financial Advisors LLC acquired a new stake in Schneider National during the 2nd quarter worth $4,722,000. American Century Companies Inc. increased its position in shares of Schneider National by 14.8% during the second 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 in the last quarter. Ceredex Value Advisors LLC increased its position in shares of Schneider National by 25.9% during the second quarter. Ceredex Value Advisors LLC now owns 535,150 shares of the company’s stock worth $12,924,000 after purchasing an additional 109,950 shares in the last quarter. Geode Capital Management LLC lifted its holdings in shares of Schneider National by 3.9% in the 2nd quarter. Geode Capital Management LLC now owns 836,497 shares of the company’s stock valued at $20,205,000 after purchasing an additional 31,387 shares during the last quarter. Finally, Sequoia Financial Advisors LLC acquired a new stake in shares of Schneider National in the 2nd quarter valued at about $390,000. 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.