Schneider National (NYSE:SNDR) Stock Price Expected to Rise, Stifel Nicolaus Analyst Says

Schneider National (NYSE:SNDR) had its price objective upped by stock analysts at Stifel Nicolaus from $28.00 to $31.00 in a research report issued on Thursday,Benzinga reports. The brokerage currently has a “hold” rating on the stock. Stifel Nicolaus’ price target would suggest a potential upside of 3.82% from the company’s previous close.

A number of other equities research analysts have also recently commented on the company. The Goldman Sachs Group decreased their price objective on Schneider National from $26.00 to $25.00 and set a “neutral” rating for the company in a research note on Wednesday, October 9th. TD Cowen upped their price target on Schneider National from $32.00 to $34.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. Evercore ISI lowered their price objective on shares of Schneider National from $27.00 to $26.00 and set an “in-line” rating for the company in a research report on Thursday, November 7th. JPMorgan Chase & Co. dropped their price objective on shares of Schneider National from $30.00 to $29.00 and set a “neutral” rating on the stock in a report on Thursday, November 7th. Finally, Citigroup downgraded Schneider National from a “neutral” rating to a “sell” rating and dropped their price target for the company from $32.00 to $30.00 in a research note on Tuesday, November 12th. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, Schneider National has a consensus rating of “Hold” and a consensus price target of $29.38.

Schneider National Price Performance

NYSE SNDR traded up $0.07 on Thursday, hitting $29.86. 224,516 shares of the company were exchanged, compared to its average volume of 771,388. Schneider National has a 1-year low of $20.50 and a 1-year high of $33.90. The firm has a 50 day moving average of $30.50 and a two-hundred day moving average of $28.40. The company has a current ratio of 1.66, a quick ratio of 1.53 and a debt-to-equity ratio of 0.04. The company has a market cap of $5.23 billion, a P/E ratio of 48.06, a P/E/G ratio of 1.90 and a beta of 0.93.

Schneider National (NYSE:SNDR) last released its earnings results on Wednesday, November 6th. The company reported $0.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.05). The business had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.33 billion. Schneider National had a net margin of 2.10% and a return on equity of 3.92%. On average, equities analysts predict that Schneider National will post 0.7 EPS for the current year.

Insider Transactions at Schneider National

In other Schneider National news, EVP Thomas G. Jackson sold 18,248 shares of the stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $33.07, for a total value of $603,461.36. Following the transaction, the executive vice president now owns 66,526 shares in the company, valued at approximately $2,200,014.82. This represents a 21.53 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Shaleen Devgun sold 10,000 shares of the business’s stock in a transaction on Friday, December 20th. The shares were sold at an average price of $29.04, for a total transaction of $290,400.00. Following the sale, the insider now owns 95,191 shares of the company’s stock, valued at $2,764,346.64. This trade represents a 9.51 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 66,555 shares of company stock worth $2,153,011. Company insiders own 32.68% of the company’s stock.

Hedge Funds Weigh In On Schneider National

Several institutional investors have recently bought and sold shares of the company. Envestnet Asset Management Inc. increased its stake in shares of Schneider National by 13.9% in the second quarter. Envestnet Asset Management Inc. now owns 565,407 shares of the company’s stock worth $13,660,000 after purchasing an additional 69,197 shares in the last quarter. Vanguard Personalized Indexing Management LLC bought a new position in Schneider National in the 2nd quarter valued at $248,000. XTX Topco Ltd purchased a new position in shares of Schneider National during the 2nd quarter valued at $299,000. Sei Investments Co. increased its holdings in shares of Schneider National by 10.1% in the second quarter. Sei Investments Co. now owns 524,178 shares of the company’s stock worth $12,664,000 after purchasing an additional 48,227 shares during the period. Finally, Marshall Wace LLP purchased a new stake in shares of Schneider National in the second quarter worth $259,000. Hedge funds and other institutional investors 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.