Schneider National (SNDR) Now Covered by Analysts at Stifel Nicolaus

Stifel Nicolaus began coverage on shares of Schneider National (NYSE:SNDR) in a research report issued on Friday, Marketbeat Ratings reports. The brokerage set a “hold” rating and a $29.00 price target on the stock. Stifel Nicolaus’ price objective would suggest a potential upside of 5.42% from the company’s current price.

Several other brokerages have also recently commented on SNDR. Wolfe Research raised shares of Schneider National from an “underperform” rating to a “peer perform” rating in a report on Monday, April 30th. Morgan Stanley raised their target price on shares of Schneider National from $35.00 to $36.00 and gave the stock an “overweight” rating in a report on Monday, April 30th. Credit Suisse Group raised their target price on shares of Schneider National from $29.00 to $30.00 and gave the stock an “outperform” rating in a report on Friday, April 27th. ValuEngine raised shares of Schneider National from a “hold” rating to a “buy” rating in a report on Wednesday, May 2nd. Finally, Zacks Investment Research raised shares of Schneider National from a “hold” rating to a “buy” rating and set a $30.00 target price on the stock in a report on Wednesday, May 2nd. Five investment analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $31.00.

Schneider National stock opened at $27.51 on Friday. The stock has a market capitalization of $4.82 billion, a price-to-earnings ratio of 29.27, a P/E/G ratio of 1.43 and a beta of 1.18. The company has a current ratio of 2.42, a quick ratio of 2.27 and a debt-to-equity ratio of 0.22. Schneider National has a twelve month low of $20.18 and a twelve month high of $30.52.

Schneider National (NYSE:SNDR) last released its quarterly earnings results on Thursday, April 26th. The company reported $0.27 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.24 by $0.03. The firm had revenue of $1.14 billion for the quarter, compared to analysts’ expectations of $1.13 billion. Schneider National had a net margin of 9.19% and a return on equity of 10.55%. The business’s revenue was up 13.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.15 EPS. equities analysts forecast that Schneider National will post 1.46 earnings per share for the current fiscal year.

A number of large investors have recently made changes to their positions in SNDR. Verition Fund Management LLC bought a new position in Schneider National in the fourth quarter valued at approximately $232,000. Virtu Financial LLC bought a new position in Schneider National in the fourth quarter valued at approximately $251,000. Principal Financial Group Inc. bought a new position in Schneider National in the first quarter valued at approximately $251,000. Trexquant Investment LP bought a new position in Schneider National in the first quarter valued at approximately $280,000. Finally, LPL Financial LLC bought a new position in Schneider National in the first quarter valued at approximately $316,000. 25.46% of the stock is currently owned by institutional investors and hedge funds.

About Schneider National

Schneider National, Inc, a transportation and logistics services company, provides truckload, intermodal, and logistics solutions in North America. Its Truckload segment provides standard long-haul and regional shipping services through dry van equipment; and bulk, temperature-controlled, final mile delivery, and customized solutions for time-sensitive loads.

Analyst Recommendations for Schneider National (NYSE:SNDR)

Receive News & Ratings for Schneider National Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schneider National and related companies with MarketBeat.com's FREE daily email newsletter.


Leave a Reply