Schneider National (NYSE:SNDR) had its target price hoisted by investment analysts at Credit Suisse Group from $31.00 to $32.00 in a report released on Monday, February 5th. The firm presently has an “outperform” rating on the stock. Credit Suisse Group’s target price would suggest a potential upside of 21.77% from the stock’s current price.
A number of other brokerages have also issued reports on SNDR. Robert W. Baird restated a “buy” rating and set a $32.00 target price on shares of Schneider National in a research report on Friday, February 2nd. Stephens restated a “hold” rating and set a $29.00 target price on shares of Schneider National in a research report on Friday, February 2nd. Bank of America increased their price target on shares of Schneider National from $32.00 to $33.00 and gave the stock a “buy” rating in a research report on Friday, February 2nd. Morgan Stanley increased their price target on shares of Schneider National from $28.00 to $35.00 and gave the stock an “overweight” rating in a research report on Monday, February 5th. Finally, Zacks Investment Research upgraded shares of Schneider National from a “hold” rating to a “strong-buy” rating and set a $33.00 price target on the stock in a research report on Wednesday, January 10th. One research analyst has rated the stock with a sell rating, three have given a hold rating, nine have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $29.70.
Schneider National (NYSE SNDR) traded down $0.38 during trading on Monday, reaching $26.28. 37,226 shares of the company’s stock traded hands, compared to its average volume of 816,752. The company has a market cap of $4,715.59 and a PE ratio of 28.36. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.93 and a current ratio of 2.12. Schneider National has a 52-week low of $17.69 and a 52-week high of $30.00.
Schneider National (NYSE:SNDR) last announced its earnings results on Thursday, February 1st. The company reported $0.33 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.32 by $0.01. Schneider National had a net margin of 8.89% and a return on equity of 10.98%. The firm had revenue of $1.19 billion for the quarter, compared to analyst estimates of $1.15 billion. During the same quarter in the prior year, the business posted $0.31 EPS. The business’s revenue was up 11.3% compared to the same quarter last year. equities analysts forecast that Schneider National will post 1.4 EPS for the current year.
In related news, CFO Lori A. Lutey sold 70,000 shares of the stock in a transaction that occurred on Wednesday, February 7th. The shares were sold at an average price of $28.11, for a total value of $1,967,700.00. Following the completion of the transaction, the chief financial officer now owns 515,838 shares of the company’s stock, valued at approximately $14,500,206.18. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.
Large investors have recently modified their holdings of the stock. Legal & General Group Plc bought a new position in Schneider National in the 2nd quarter valued at approximately $173,000. Acadian Asset Management LLC bought a new position in Schneider National in the 4th quarter valued at approximately $175,000. Pacer Advisors Inc. bought a new position in Schneider National in the 3rd quarter valued at approximately $182,000. Meeder Asset Management Inc. bought a new position in Schneider National in the 3rd quarter valued at approximately $195,000. Finally, GSA Capital Partners LLP bought a new position in Schneider National in the 2nd quarter valued at approximately $201,000. 21.43% of the stock is owned by institutional investors and hedge funds.
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About Schneider National
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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