JPMorgan Chase & Co. Issues Positive Forecast for Schneider National (NYSE:SNDR) Stock Price

Schneider National (NYSE:SNDR) had its target price boosted by stock analysts at JPMorgan Chase & Co. from $27.00 to $28.00 in a report issued on Monday,Benzinga reports. The firm presently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s price objective would indicate a potential downside of 2.59% from the stock’s current price.

SNDR has been the subject of several other reports. Bank of America upgraded shares of Schneider National from a “neutral” rating to a “buy” rating and set a $32.00 target price for the company in a research report on Friday. Raymond James Financial upgraded shares of Schneider National from a “market perform” rating to an “outperform” rating and set a $28.00 target price for the company in a research report on Wednesday, December 3rd. Evercore ISI lowered their price target on Schneider National from $22.00 to $21.00 and set an “in-line” rating on the stock in a research report on Friday, October 31st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Schneider National in a research note on Monday, December 29th. Finally, Susquehanna increased their price objective on Schneider National from $19.00 to $30.00 and gave the company a “neutral” rating in a research report on Thursday. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $28.00.

Schneider National Price Performance

Schneider National stock traded down $0.15 during midday trading on Monday, reaching $28.75. 230,920 shares of the stock were exchanged, compared to its average volume of 893,523. Schneider National has a 52 week low of $20.11 and a 52 week high of $31.19. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.93 and a current ratio of 2.11. The firm has a market cap of $5.04 billion, a PE ratio of 44.91, a PEG ratio of 0.72 and a beta of 1.08. The company’s fifty day moving average is $24.79 and its 200-day moving average is $24.26.

Schneider National (NYSE:SNDR) last issued its quarterly earnings data on Thursday, October 30th. The company reported $0.12 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.09). Schneider National had a return on equity of 4.04% and a net margin of 2.03%.The business had revenue of $1.45 billion during the quarter, compared to analysts’ expectations of $1.44 billion. During the same quarter last year, the business posted $0.18 EPS. The company’s quarterly revenue was up 10.4% on a year-over-year basis. Schneider National has set its FY 2025 guidance at 0.700-0.950 EPS. On average, sell-side analysts forecast that Schneider National will post 1.12 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the company. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Schneider National by 32.5% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 28,602 shares of the company’s stock valued at $823,000 after purchasing an additional 7,008 shares during the period. NorthCrest Asset Manangement LLC increased its stake in shares of Schneider National by 11.3% in the 4th quarter. NorthCrest Asset Manangement LLC now owns 12,728 shares of the company’s stock worth $358,000 after acquiring an additional 1,288 shares in the last quarter. Tudor Investment Corp ET AL bought a new position in shares of Schneider National in the 3rd quarter worth about $564,000. Hudson Bay Capital Management LP purchased a new position in Schneider National during the 3rd quarter valued at about $742,000. Finally, Caitong International Asset Management Co. Ltd boosted its stake in Schneider National by 2,425.4% during the third quarter. Caitong International Asset Management Co. Ltd now owns 1,692 shares of the company’s stock worth $36,000 after acquiring an additional 1,625 shares in the last quarter. 28.54% of the stock is owned by hedge funds and other institutional investors.

About Schneider National

Schneider National, Inc is a leading provider of transportation and logistics services in North America. The company offers a full spectrum of solutions, including truckload transportation, intermodal services and dedicated logistics. Through these offerings, Schneider supports the movement of goods ranging from dry van freight to refrigerated and flatbed shipments, while also providing customized supply chain management and warehousing capabilities.

Founded in 1935 by Al Schneider as a single-truck operation in Green Bay, Wisconsin, the company has grown into one of the industry’s most recognized carriers.