Stifel Nicolaus Lowers Schneider National (NYSE:SNDR) Price Target to $25.00

Schneider National (NYSE:SNDR) had its price objective lowered by investment analysts at Stifel Nicolaus from $27.00 to $25.00 in a research note issued to investors on Thursday, Benzinga reports. The firm currently has a “buy” rating on the stock. Stifel Nicolaus’ target price would suggest a potential upside of 17.54% from the company’s current price.

Other equities analysts have also recently issued research reports about the company. Evercore ISI cut Schneider National from an “outperform” rating to an “inline” rating and set a $25.00 target price for the company. in a report on Thursday, January 4th. TD Cowen reduced their target price on Schneider National from $28.00 to $26.00 and set an “outperform” rating for the company in a report on Friday, February 2nd. Benchmark reissued a “buy” rating and set a $27.00 target price on shares of Schneider National in a report on Friday, April 12th. Susquehanna reduced their target price on Schneider National from $27.00 to $25.00 and set a “neutral” rating for the company in a report on Monday, March 25th. Finally, Bank of America reduced their target price on Schneider National from $25.00 to $23.00 and set a “neutral” rating for the company in a report on Monday, April 15th. Seven analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $28.07.

Schneider National Stock Up 2.7 %

Shares of SNDR stock opened at $21.27 on Thursday. The stock’s 50-day simple moving average is $22.71 and its 200-day simple moving average is $23.94. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.64 and a current ratio of 1.83. The firm has a market capitalization of $3.74 billion, a PE ratio of 15.99, a P/E/G ratio of 1.33 and a beta of 0.89. Schneider National has a fifty-two week low of $20.50 and a fifty-two week high of $31.74.

Schneider National (NYSE:SNDR) last issued its earnings results on Thursday, February 1st. The company reported $0.16 EPS for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.05). Schneider National had a return on equity of 8.23% and a net margin of 4.34%. The company had revenue of $1.37 billion during the quarter, compared to analysts’ expectations of $1.35 billion. During the same quarter in the previous year, the company earned $0.64 EPS. The firm’s quarterly revenue was down 12.2% compared to the same quarter last year. Equities analysts expect that Schneider National will post 1.13 earnings per share for the current year.

Institutional Trading of Schneider National

A number of institutional investors have recently bought and sold shares of SNDR. Ceredex Value Advisors LLC increased its position in shares of Schneider National by 40.1% during the fourth quarter. Ceredex Value Advisors LLC now owns 690,800 shares of the company’s stock worth $17,635,000 after purchasing an additional 197,750 shares in the last quarter. UBS Group AG increased its position in shares of Schneider National by 360.1% during the third quarter. UBS Group AG now owns 202,486 shares of the company’s stock worth $5,607,000 after purchasing an additional 158,474 shares in the last quarter. Copeland Capital Management LLC acquired a new stake in shares of Schneider National during the fourth quarter worth about $12,547,000. QRG Capital Management Inc. acquired a new stake in shares of Schneider National during the third quarter worth about $2,615,000. Finally, Invesco Ltd. increased its position in shares of Schneider National by 33.5% during the third quarter. Invesco Ltd. now owns 228,063 shares of the company’s stock worth $6,315,000 after purchasing an additional 57,183 shares in the last quarter. 28.54% of the stock is owned by hedge funds and other institutional investors.

Schneider National Company Profile

Schneider National, Inc, together with its subsidiaries, provides surface transportation and logistics solutions in the United States, Canada, and Mexico. It operates through three segments: Truckload, Intermodal, and Logistics. The Truckload segment offers over the road freight transportation services primarily through dry van, bulk, temperature-controlled, and flat-bed trailers across either network or dedicated configurations.