ValuEngine Lowers Schneider National (SNDR) to Sell

ValuEngine cut shares of Schneider National (NYSE:SNDR) from a hold rating to a sell rating in a research report released on Friday morning.

A number of other equities analysts also recently issued reports on the stock. Stephens raised shares of Schneider National from an equal weight rating to an overweight rating and set a $24.00 price target for the company in a research note on Friday, January 4th. JPMorgan Chase & Co. downgraded shares of Schneider National from an overweight rating to a neutral rating and decreased their price target for the stock from $27.00 to $23.00 in a research note on Tuesday, December 18th. Morgan Stanley set a $35.00 price target on shares of Schneider National and gave the stock a buy rating in a research note on Monday, October 22nd. Robert W. Baird decreased their price target on shares of Schneider National from $29.00 to $28.00 and set an outperform rating for the company in a research note on Friday, November 2nd. Finally, Bank of America decreased their price target on shares of Schneider National from $27.00 to $25.00 and set an underperform rating for the company in a research note on Friday, November 2nd. Three equities research analysts have rated the stock with a sell rating, two have issued a hold rating and seven have assigned a buy rating to the company. The stock currently has an average rating of Hold and a consensus price target of $28.00.

Shares of NYSE:SNDR opened at $22.22 on Friday. The stock has a market cap of $3.85 billion, a PE ratio of 14.34, a PEG ratio of 1.00 and a beta of 1.54. The company has a quick ratio of 2.23, a current ratio of 2.34 and a debt-to-equity ratio of 0.20. Schneider National has a 12 month low of $17.56 and a 12 month high of $30.52.

Schneider National (NYSE:SNDR) last released its quarterly earnings results on Thursday, January 31st. The company reported $0.49 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.46 by $0.03. Schneider National had a net margin of 5.40% and a return on equity of 13.81%. The company had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.33 billion. On average, equities analysts anticipate that Schneider National will post 1.7 earnings per share for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, April 8th. Shareholders of record on Friday, March 15th will be issued a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 1.08%. The ex-dividend date of this dividend is Thursday, March 14th. Schneider National’s dividend payout ratio (DPR) is presently 15.48%.

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. grew its holdings in shares of Schneider National by 4.1% during the third quarter. Vanguard Group Inc. now owns 5,371,214 shares of the company’s stock valued at $134,173,000 after buying an additional 213,739 shares during the last quarter. Vanguard Group Inc grew its holdings in shares of Schneider National by 4.1% during the third quarter. Vanguard Group Inc now owns 5,371,214 shares of the company’s stock valued at $134,173,000 after buying an additional 213,739 shares during the last quarter. Morgan Stanley grew its holdings in shares of Schneider National by 8.7% during the third quarter. Morgan Stanley now owns 4,051,825 shares of the company’s stock valued at $101,216,000 after buying an additional 323,800 shares during the last quarter. BlackRock Inc. grew its holdings in shares of Schneider National by 25.6% during the fourth quarter. BlackRock Inc. now owns 1,757,189 shares of the company’s stock valued at $32,807,000 after buying an additional 358,083 shares during the last quarter. Finally, First Trust Advisors LP grew its holdings in shares of Schneider National by 337.1% during the third quarter. First Trust Advisors LP now owns 1,377,914 shares of the company’s stock valued at $34,420,000 after buying an additional 1,062,687 shares during the last quarter. Institutional investors and hedge funds own 23.02% of the company’s stock.

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.

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Analyst Recommendations for Schneider National (NYSE:SNDR)

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