Schneider National (NYSE:SNDR) Price Target Cut to $25.00

Schneider National (NYSE:SNDR) had its price target decreased by equities researchers at TD Cowen from $26.00 to $25.00 in a report released on Friday, Marketbeat Ratings reports. The brokerage presently has a “buy” rating on the stock. TD Cowen’s target price points to a potential upside of 13.53% from the company’s previous close.

Several other research analysts have also weighed in on the stock. Robert W. Baird cut their price objective on shares of Schneider National from $29.00 to $27.00 and set an “outperform” rating on the stock in a report on Thursday, April 4th. Evercore ISI downgraded shares of Schneider National from an “outperform” rating to an “inline” rating and set a $25.00 price target on the stock. in a research note on Thursday, January 4th. Benchmark reiterated a “buy” rating and issued a $27.00 price target on shares of Schneider National in a report on Friday, April 12th. Stifel Nicolaus dropped their price objective on Schneider National from $27.00 to $25.00 and set a “buy” rating for the company in a report on Thursday, April 18th. Finally, Susquehanna cut their target price on Schneider National from $27.00 to $25.00 and set a “neutral” rating on the stock in a research report on Monday, March 25th. Seven investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. According to data from MarketBeat, Schneider National has a consensus rating of “Hold” and an average target price of $28.00.

Schneider National Stock Up 2.3 %

SNDR stock opened at $22.02 on Friday. The company has a 50 day moving average price of $22.17 and a two-hundred day moving average price of $23.53. 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 stock has a market capitalization of $3.88 billion, a P/E ratio of 25.02, a PEG ratio of 1.47 and a beta of 0.91. Schneider National has a one year low of $20.50 and a one year high of $31.74.

Schneider National (NYSE:SNDR) last announced its quarterly earnings data on Thursday, May 2nd. The company reported $0.11 EPS for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.02). Schneider National had a net margin of 2.95% and a return on equity of 5.55%. The business had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.36 billion. During the same period in the prior year, the firm earned $0.55 EPS. Schneider National’s revenue for the quarter was down 7.7% on a year-over-year basis. As a group, sell-side analysts expect that Schneider National will post 1.09 EPS for the current year.

Institutional Trading of Schneider National

Several large investors have recently bought and sold shares of the company. Raymond James & Associates boosted its stake in shares of Schneider National by 1.0% in the third quarter. Raymond James & Associates now owns 169,108 shares of the company’s stock valued at $4,683,000 after purchasing an additional 1,714 shares during the period. Bank of New York Mellon Corp lifted its holdings in Schneider National by 0.8% in the 3rd quarter. Bank of New York Mellon Corp now owns 533,008 shares of the company’s stock worth $14,759,000 after buying an additional 4,327 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in Schneider National by 20.4% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 13,133 shares of the company’s stock valued at $364,000 after buying an additional 2,222 shares during the last quarter. Strs Ohio grew its stake in shares of Schneider National by 8.7% during the third quarter. Strs Ohio now owns 96,022 shares of the company’s stock valued at $2,658,000 after acquiring an additional 7,645 shares in the last quarter. Finally, Whittier Trust Co. purchased a new stake in shares of Schneider National during the third quarter worth about $35,000. Institutional investors and hedge funds own 28.54% of the company’s stock.

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.