Schneider National (NYSE:SNDR) had its price objective hoisted by Citigroup from $19.50 to $22.00 in a report issued on Friday morning, BenzingaRatingsTable reports. They currently have a neutral rating on the stock.
Several other analysts have also issued reports on the stock. Wolfe Research upgraded shares of Schneider National from an underperform rating to a peer perform rating in a report on Friday, June 28th. Morgan Stanley set a $32.00 price target on shares of Schneider National and gave the stock a buy rating in a research note on Monday, July 8th. Zacks Investment Research lowered shares of Schneider National from a hold rating to a sell rating in a research note on Tuesday, April 30th. Stephens initiated coverage on shares of Schneider National in a research note on Monday, July 1st. They set a buy rating on the stock. Finally, Credit Suisse Group lowered shares of Schneider National from an outperform rating to a neutral rating in a research note on Thursday, July 11th. Two analysts have rated the stock with a sell rating, four have given a hold rating and six have issued a buy rating to the company. Schneider National presently has an average rating of Hold and an average target price of $26.80.
SNDR traded down $0.56 on Friday, hitting $18.85. The company had a trading volume of 34,918 shares, compared to its average volume of 784,430. The stock has a market cap of $3.44 billion, a price-to-earnings ratio of 12.15, a P/E/G ratio of 1.46 and a beta of 1.62. Schneider National has a 1 year low of $16.59 and a 1 year high of $28.46. The stock’s fifty day simple moving average is $18.30. 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 (NYSE:SNDR) last issued its quarterly earnings data on Thursday, August 1st. The company reported $0.34 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.35 by ($0.01). The company had revenue of $1.21 billion during the quarter, compared to analysts’ expectations of $1.28 billion. Schneider National had a net margin of 4.53% and a return on equity of 12.04%. The firm’s quarterly revenue was down 1.9% on a year-over-year basis. During the same quarter last year, the firm posted $0.40 earnings per share. On average, equities research analysts predict that Schneider National will post 1.34 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 9th. Stockholders of record on Friday, September 13th will be given a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 1.27%. The ex-dividend date of this dividend is Thursday, September 12th. Schneider National’s dividend payout ratio is presently 15.48%.
Several institutional investors have recently made changes to their positions in the company. BlackRock Inc. boosted its holdings in Schneider National by 25.6% in the fourth quarter. BlackRock Inc. now owns 1,757,189 shares of the company’s stock valued at $32,807,000 after purchasing an additional 358,083 shares in the last quarter. First Quadrant L P CA boosted its holdings in shares of Schneider National by 98.3% in the first quarter. First Quadrant L P CA now owns 23,629 shares of the company’s stock valued at $497,000 after acquiring an additional 11,713 shares during the period. Brinker Capital Inc. boosted its holdings in shares of Schneider National by 12.4% in the first quarter. Brinker Capital Inc. now owns 33,142 shares of the company’s stock valued at $699,000 after acquiring an additional 3,659 shares during the period. Associated Banc Corp boosted its holdings in shares of Schneider National by 1.2% in the first quarter. Associated Banc Corp now owns 1,326,159 shares of the company’s stock valued at $27,916,000 after acquiring an additional 15,720 shares during the period. Finally, D. E. Shaw & Co. Inc. boosted its holdings in shares of Schneider National by 260.4% in the fourth quarter. D. E. Shaw & Co. Inc. now owns 62,115 shares of the company’s stock valued at $1,160,000 after acquiring an additional 44,879 shares during the period. 23.68% of the stock is 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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