Wall Street brokerages expect Schneider National Inc (NYSE:SNDR) to post $1.15 billion in sales for the current quarter, according to Zacks. Four analysts have made estimates for Schneider National’s earnings, with the lowest sales estimate coming in at $1.13 billion and the highest estimate coming in at $1.16 billion. The business is scheduled to issue its next earnings report before the market opens on Tuesday, February 6th.
According to Zacks, analysts expect that Schneider National will report full year sales of $1.15 billion for the current year, with estimates ranging from $4.32 billion to $4.36 billion. For the next year, analysts forecast that the company will report sales of $4.70 billion per share, with estimates ranging from $4.61 billion to $4.80 billion. Zacks’ sales calculations are a mean average based on a survey of research firms that that provide coverage for Schneider National.
Schneider National (NYSE:SNDR) last released its quarterly earnings data on Tuesday, November 7th. The company reported $0.23 earnings per share for the quarter, missing the consensus estimate of $0.25 by ($0.02). Schneider National had a net margin of 3.61% and a return on equity of 10.79%. The company had revenue of $1.11 billion for the quarter, compared to analysts’ expectations of $1.10 billion. During the same period in the previous year, the firm earned $0.24 earnings per share. The firm’s revenue for the quarter was up 5.5% on a year-over-year basis.
SNDR has been the subject of several research reports. Robert W. Baird reissued a “buy” rating and set a $28.00 price objective on shares of Schneider National in a report on Friday, October 6th. UBS Group reissued a “buy” rating and set a $30.00 price objective (up from $24.00) on shares of Schneider National in a report on Friday, September 29th. BidaskClub cut shares of Schneider National from a “strong-buy” rating to a “buy” rating in a report on Tuesday, November 7th. Buckingham Research initiated coverage on shares of Schneider National in a report on Friday, October 20th. They set a “buy” rating and a $29.00 price objective for the company. Finally, KeyCorp reissued a “hold” rating on shares of Schneider National in a report on Monday, November 13th. Four equities research analysts have rated the stock with a hold rating, nine have given a buy rating and one has given a strong buy rating to the company. The company currently has an average rating of “Buy” and an average price target of $26.10.
Schneider National (NYSE:SNDR) traded up $0.80 on Thursday, hitting $29.21. 601,476 shares of the stock traded hands, compared to its average volume of 716,689. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.12 and a quick ratio of 1.93. Schneider National has a 1 year low of $17.69 and a 1 year high of $29.36.
The firm also recently announced a quarterly dividend, which was paid on Monday, January 8th. Shareholders of record on Friday, December 15th were issued a dividend of $0.05 per share. The ex-dividend date was Thursday, December 14th. This represents a $0.20 dividend on an annualized basis and a yield of 0.68%.
In other Schneider National news, CEO Christopher B. Lofgren sold 600,000 shares of the company’s stock in a transaction that occurred on Thursday, November 9th. The shares were sold at an average price of $24.20, for a total value of $14,520,000.00. Following the completion of the transaction, the chief executive officer now directly owns 1,597,420 shares in the company, valued at $38,657,564. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Paul J. Kardish sold 85,000 shares of the company’s stock in a transaction that occurred on Thursday, November 9th. The stock was sold at an average price of $25.12, for a total transaction of $2,135,200.00. Following the completion of the transaction, the executive vice president now owns 222,432 shares of the company’s stock, valued at $5,587,491.84. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 1,258,500 shares of company stock valued at $30,533,900.
Institutional investors and hedge funds have recently bought and sold shares of the business. Acadian Asset Management LLC bought a new position in shares of Schneider National in the fourth quarter worth approximately $175,000. Pacer Advisors Inc. bought a new position in shares of Schneider National in the third quarter worth approximately $182,000. Meeder Asset Management Inc. bought a new position in shares of Schneider National in the third quarter worth approximately $195,000. Legal & General Group Plc bought a new position in shares of Schneider National in the second quarter worth approximately $173,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new position in shares of Schneider National in the third quarter worth approximately $207,000. Institutional investors and hedge funds own 21.45% of the company’s stock.
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Schneider National Company Profile
Schneider National, Inc is a provider of transportation, logistics and related services. The Company’s transportation solutions include one-way, intermodal, dedicated, bulk, transport management, trans loading services, international services and Schneider payment services. Its supply chain management and consulting services include logistics solution design, global supply chain services, enterprise and market entry assistance, and sourcing and compliance.
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