Schneider National, Inc. (NYSE:SNDR) Receives $25.34 Consensus Target Price from Brokerages

Schneider National, Inc. (NYSE:SNDR) has earned a consensus recommendation of “Hold” from the twenty analysts that are currently covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, ten have given a hold recommendation and seven have given a buy recommendation to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $25.34.

Several equities analysts recently issued reports on SNDR shares. Morgan Stanley boosted their price target on shares of Schneider National from $32.00 to $35.00 and gave the company an “overweight” rating in a research report on Monday, August 2nd. Credit Suisse Group set a $21.41 price target on shares of Schneider National and gave the company a “buy” rating in a research report on Wednesday, July 14th. TheStreet raised shares of Schneider National from a “c+” rating to a “b” rating in a research note on Monday, August 30th. Citigroup dropped their price objective on shares of Schneider National from $26.00 to $24.00 and set a “neutral” rating on the stock in a research note on Wednesday, July 14th. Finally, Wells Fargo & Company dropped their price objective on shares of Schneider National from $24.00 to $21.00 and set an “underweight” rating on the stock in a research note on Tuesday, July 13th.

Institutional investors have recently modified their holdings of the stock. Denali Advisors LLC lifted its position in Schneider National by 410.7% during the second quarter. Denali Advisors LLC now owns 1,144 shares of the company’s stock valued at $25,000 after purchasing an additional 920 shares during the period. Geneos Wealth Management Inc. bought a new position in Schneider National during the first quarter valued at approximately $50,000. Great West Life Assurance Co. Can lifted its position in Schneider National by 18.6% during the second quarter. Great West Life Assurance Co. Can now owns 4,227 shares of the company’s stock valued at $92,000 after purchasing an additional 663 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in Schneider National by 50.9% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 4,395 shares of the company’s stock valued at $96,000 after buying an additional 1,482 shares during the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. purchased a new stake in Schneider National during the second quarter valued at approximately $163,000. Institutional investors own 25.65% of the company’s stock.

Shares of SNDR stock traded up $0.31 during mid-day trading on Friday, reaching $23.15. The stock had a trading volume of 341,545 shares, compared to its average volume of 536,944. The stock’s 50-day moving average price is $22.13 and its two-hundred day moving average price is $23.36. Schneider National has a 52-week low of $20.20 and a 52-week high of $27.15. The firm has a market capitalization of $4.11 billion, a PE ratio of 14.56, a price-to-earnings-growth ratio of 0.64 and a beta of 1.01. The company has a current ratio of 1.94, a quick ratio of 1.91 and a debt-to-equity ratio of 0.09.

Schneider National (NYSE:SNDR) last released its quarterly earnings data on Thursday, July 29th. The company reported $0.60 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.42 by $0.18. Schneider National had a net margin of 5.66% and a return on equity of 13.51%. The firm had revenue of $1.36 billion for the quarter, compared to analysts’ expectations of $1.21 billion. On average, equities research analysts forecast that Schneider National will post 1.95 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, October 8th. Stockholders of record on Friday, September 10th will be paid a $0.07 dividend. The ex-dividend date of this dividend is Thursday, September 9th. This represents a $0.28 annualized dividend and a dividend yield of 1.21%. Schneider National’s dividend payout ratio is presently 22.40%.

About Schneider National

Schneider National Inc provides transportation and logistics services. The firm’s transportation solutions include van truckload, dedicated, regional, bulk, intermodal, brokerage, supply chain management, port logistics services and engineering and freight payment services. It operates through the following segments: Truckload, Intermodal and Logistics.

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Analyst Recommendations for Schneider National (NYSE:SNDR)

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