Schneider National (NYSE:SNDR) Given New $33.00 Price Target at Citigroup

Schneider National (NYSE:SNDR) had its target price cut by investment analysts at Citigroup from $38.00 to $33.00 in a research report issued on Wednesday, Benzinga reports. The firm currently has a “neutral” rating on the stock. Citigroup’s price target suggests a potential upside of 6.04% from the company’s previous close.

Several other brokerages also recently issued reports on SNDR. National Bank Financial set a $38.00 price objective on Schneider National in a research report on Friday, July 31st. JPMorgan Chase & Co. cut their target price on shares of Schneider National from $35.00 to $30.00 and set a “neutral” rating for the company in a research note on Monday. Zacks Research upgraded shares of Schneider National from a “hold” rating to a “strong-buy” rating in a report on Monday, July 13th. Wells Fargo & Company decreased their price target on shares of Schneider National from $38.00 to $35.00 and set an “equal weight” rating on the stock in a research note on Tuesday. Finally, Wall Street Zen lowered shares of Schneider National from a “buy” rating to a “hold” rating in a research report on Saturday. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $33.69.

Schneider National Price Performance

Shares of NYSE SNDR traded down $0.48 on Wednesday, hitting $31.12. The company’s stock had a trading volume of 267,369 shares, compared to its average volume of 943,504. The stock has a 50 day moving average of $34.14 and a 200-day moving average of $33.29. The company has a market capitalization of $5.46 billion, a price-to-earnings ratio of 48.66, a price-to-earnings-growth ratio of 0.73 and a beta of 1.21. Schneider National has a 12-month low of $20.11 and a 12-month high of $39.27. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.03 and a quick ratio of 1.94.

Schneider National (NYSE:SNDR) last issued its quarterly earnings data on Thursday, July 30th. The company reported $0.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.06. Schneider National had a return on equity of 3.89% and a net margin of 1.92%.The firm had revenue of $1.33 billion during the quarter, compared to the consensus estimate of $1.52 billion. During the same period in the previous year, the firm posted $0.21 EPS. The company’s quarterly revenue was up 10.4% compared to the same quarter last year. Schneider National has set its FY 2026 guidance at 0.900-1.100 EPS. As a group, research analysts predict that Schneider National will post 1.04 EPS for the current year.

Insider Buying and Selling

In other news, insider Mark Rourke sold 52,682 shares of the company’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $35.94, for a total transaction of $1,893,391.08. Following the completion of the transaction, the insider owned 221,522 shares of the company’s stock, valued at $7,961,500.68. This represents a 19.21% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 23.64% of the stock is owned by company insiders.

Institutional Investors Weigh In On Schneider National

A number of institutional investors have recently bought and sold shares of the stock. WINTON GROUP Ltd purchased a new stake in shares of Schneider National during the 2nd quarter worth about $942,000. Renaissance Technologies LLC raised its holdings in Schneider National by 437.1% in the first quarter. Renaissance Technologies LLC now owns 153,600 shares of the company’s stock valued at $4,049,000 after buying an additional 125,000 shares during the period. Edgestream Partners L.P. acquired a new position in Schneider National during the first quarter valued at approximately $2,995,000. Quantinno Capital Management LP increased its position in shares of Schneider National by 44.1% in the first quarter. Quantinno Capital Management LP now owns 1,993,186 shares of the company’s stock worth $52,540,000 after acquiring an additional 610,020 shares in the last quarter. Finally, Great Lakes Advisors LLC purchased a new position in shares of Schneider National in the 2nd quarter valued at $3,300,000. 28.54% of the stock is currently owned by hedge funds and other institutional investors.

About Schneider National

Schneider National, Inc is a transportation and logistics company that provides freight services across North America. Its operations include truckload transportation, dedicated transportation, intermodal transportation, brokerage, supply chain management and logistics services.

The company serves manufacturers, retailers and other businesses through a range of shipping and distribution solutions. Its services include long-haul and regional freight transportation, dedicated fleets tailored to individual customers, rail-and-truck intermodal shipping, freight brokerage and logistics planning and management.

Founded in 1935 by Al Schneider, the company is headquartered in Green Bay, Wisconsin, and serves customers primarily in the United States, Canada and Mexico.