Credit Suisse Group cut shares of Schneider National (NYSE:SNDR) from an outperform rating to a neutral rating in a research note published on Thursday, BenzingaRatingsTable reports.
A number of other equities analysts have also recently weighed in on the stock. Buckingham Research lowered their price target on shares of Werner Enterprises from $43.00 to $42.00 and set a buy rating on the stock in a research note on Tuesday, April 2nd. UBS Group upped their price target on shares of Intact Financial from C$122.00 to C$133.00 in a research note on Tuesday, June 18th. Zacks Investment Research cut shares of German American Bancorp. from a buy rating to a hold rating in a research note on Tuesday, April 30th. Morgan Stanley set a $36.00 price target on shares of ArcBest and gave the stock a hold rating in a research note on Monday, July 8th. Finally, Wolfe Research raised shares of Covenant Transportation Group from an underperform rating to a peer perform rating in a research note on Friday, June 28th. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and six have given a buy rating to the company. The company currently has a consensus rating of Hold and an average price target of $26.90.
Shares of Schneider National stock opened at $18.11 on Thursday. The stock has a market cap of $3.21 billion, a P/E ratio of 11.68, a P/E/G ratio of 1.20 and a beta of 1.62. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.02 and a current ratio of 2.10. Schneider National has a one year low of $16.59 and a one year high of $28.46. The stock’s fifty day moving average price is $17.75.
Schneider National (NYSE:SNDR) last announced its quarterly earnings data on Thursday, May 2nd. The company reported $0.21 EPS for the quarter, missing the Zacks’ consensus estimate of $0.31 by ($0.10). The firm had revenue of $1.19 billion for the quarter, compared to analysts’ expectations of $1.23 billion. Schneider National had a return on equity of 12.69% and a net margin of 5.13%. The firm’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.27 EPS. As a group, equities analysts anticipate that Schneider National will post 1.47 EPS for the current year.
The business also recently declared a quarterly dividend, which was paid on Tuesday, July 9th. Stockholders of record on Friday, June 14th were paid a dividend of $0.06 per share. The ex-dividend date was Thursday, June 13th. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.33%. Schneider National’s dividend payout ratio (DPR) is presently 15.48%.
Several large investors have recently bought and sold shares of the company. First Hawaiian Bank raised its stake in shares of Schneider National by 25.6% during the first quarter. First Hawaiian Bank now owns 3,816 shares of the company’s stock valued at $80,000 after purchasing an additional 777 shares in the last quarter. Jane Street Group LLC bought a new stake in shares of Schneider National during the fourth quarter valued at about $224,000. Nicolet Advisory Services LLC bought a new stake in shares of Schneider National during the first quarter valued at about $236,000. Strs Ohio bought a new stake in shares of Schneider National during the first quarter valued at about $345,000. Finally, Janus Henderson Group PLC raised its stake in shares of Schneider National by 6.4% during the first quarter. Janus Henderson Group PLC now owns 16,736 shares of the company’s stock valued at $352,000 after purchasing an additional 1,010 shares in the last quarter. 24.17% of the stock is currently owned by institutional investors and hedge funds.
Schneider National Company Profile
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, first to final mile delivery, and customized solutions for time-sensitive loads.
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