Schneider National (NYSE:SNDR) Stock Rating Reaffirmed by Benchmark

Schneider National (NYSE:SNDR)‘s stock had its “buy” rating reaffirmed by investment analysts at Benchmark in a report issued on Friday, Benzinga reports. They presently have a $27.00 price objective on the stock. Benchmark’s price objective would indicate a potential upside of 24.54% from the company’s current price.

Other equities research analysts also recently issued reports about the company. Stifel Nicolaus lifted their target price on Schneider National from $26.00 to $27.00 and gave the stock a “buy” rating in a research report on Wednesday, January 10th. Susquehanna decreased their target price on Schneider National from $27.00 to $25.00 and set a “neutral” rating on the stock in a research report on Monday, March 25th. Evercore ISI downgraded Schneider National from an “outperform” rating to an “inline” rating and set a $25.00 target price on the stock. in a research report on Thursday, January 4th. TD Cowen decreased their price objective on Schneider National from $28.00 to $26.00 and set an “outperform” rating on the stock in a report on Friday, February 2nd. Finally, Stephens reaffirmed an “equal weight” rating and set a $28.00 price objective on shares of Schneider National in a report on Monday, February 5th. Seven equities research analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $28.29.

Schneider National Trading Down 1.5 %

Schneider National stock opened at $21.68 on Friday. Schneider National has a 52 week low of $21.31 and a 52 week high of $31.74. The firm has a market capitalization of $3.82 billion, a PE ratio of 16.30, a PEG ratio of 1.22 and a beta of 0.89. The business’s 50-day simple moving average is $23.01 and its 200-day simple moving average is $24.13. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.64 and a current ratio of 1.83.

Schneider National (NYSE:SNDR) last released its earnings results on Thursday, February 1st. The company reported $0.16 earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.05). Schneider National had a return on equity of 8.23% and a net margin of 4.34%. The firm had revenue of $1.37 billion for the quarter, compared to analyst estimates of $1.35 billion. During the same period last year, the business earned $0.64 earnings per share. The firm’s quarterly revenue was down 12.2% compared to the same quarter last year. Equities research analysts forecast that Schneider National will post 1.15 earnings per share for the current year.

Institutional Trading of Schneider National

Several hedge funds have recently added to or reduced their stakes in the business. MetLife Investment Management LLC bought a new position in Schneider National during the 1st quarter worth about $26,000. Bruce G. Allen Investments LLC bought a new position in Schneider National during the 4th quarter worth about $29,000. Whittier Trust Co. bought a new position in Schneider National during the 3rd quarter worth about $35,000. Winch Advisory Services LLC increased its holdings in Schneider National by 61.6% during the 3rd quarter. Winch Advisory Services LLC now owns 1,320 shares of the company’s stock worth $37,000 after purchasing an additional 503 shares in the last quarter. Finally, Quarry LP increased its holdings in Schneider National by 252.2% during the 1st quarter. Quarry LP now owns 1,627 shares of the company’s stock worth $44,000 after purchasing an additional 1,165 shares in the last quarter. Institutional investors and hedge funds own 28.54% of the company’s stock.

About Schneider National

Schneider National, Inc, together with its subsidiaries, provides surface transportation and logistics solutions in the United States, Canada, and Mexico. It operates through three segments: Truckload, Intermodal, and Logistics. The Truckload segment offers over the road freight transportation services primarily through dry van, bulk, temperature-controlled, and flat-bed trailers across either network or dedicated configurations.