Schneider National (NYSE:SNDR) Hits New 52-Week High – Still a Buy?

Schneider National, Inc. (NYSE:SNDR)’s share price reached a new 52-week high on Wednesday . The stock traded as high as $30.98 and last traded at $30.25, with a volume of 136325 shares. The stock had previously closed at $29.55.

Analyst Ratings Changes

Several analysts have recently issued reports on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Schneider National in a research note on Monday, December 29th. National Bankshares set a $21.00 price target on shares of Schneider National in a report on Friday, October 31st. Evercore ISI upped their price objective on shares of Schneider National from $21.00 to $30.00 and gave the company an “in-line” rating in a research note on Tuesday, January 13th. Susquehanna raised their target price on shares of Schneider National from $19.00 to $30.00 and gave the stock a “neutral” rating in a research report on Thursday, January 8th. Finally, Benchmark reiterated a “buy” rating on shares of Schneider National in a report on Thursday, January 15th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $28.80.

Schneider National Trading Up 3.0%

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 capitalization of $5.33 billion, a price-to-earnings ratio of 47.52, a P/E/G ratio of 0.75 and a beta of 1.08. The business has a fifty day moving average price of $26.63 and a 200 day moving average price of $24.60.

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

Institutional Trading of Schneider National

A number of institutional investors have recently added to or reduced their stakes in the business. Royal Bank of Canada raised its position in Schneider National by 19.1% in the first quarter. Royal Bank of Canada now owns 162,011 shares of the company’s stock valued at $3,702,000 after purchasing an additional 26,015 shares during the period. Millennium Management LLC purchased a new stake in Schneider National during the 1st quarter worth $7,477,000. Empowered Funds LLC grew its stake in shares of Schneider National by 12.0% during the first quarter. Empowered Funds LLC now owns 13,944 shares of the company’s stock valued at $319,000 after acquiring an additional 1,494 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Schneider National by 18.0% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 178,433 shares of the company’s stock worth $4,077,000 after acquiring an additional 27,180 shares in the last quarter. Finally, Jane Street Group LLC boosted its holdings in Schneider National by 120.5% in the first quarter. Jane Street Group LLC now owns 90,616 shares of the company’s stock valued at $2,071,000 after purchasing an additional 49,511 shares during the last quarter. 28.54% of the stock is owned by hedge funds and other institutional investors.

Schneider National Company Profile

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.