Schneider National (NYSE:SNDR) PT Lowered to $25.00

Schneider National (NYSE:SNDR) had its price objective cut by investment analysts at TD Cowen from $26.00 to $25.00 in a note issued to investors on Friday, Marketbeat.com reports. The firm currently has a “buy” rating on the stock. TD Cowen’s price target would suggest a potential upside of 13.53% from the company’s current price.

Several other analysts have also issued reports on the stock. Bank of America reduced their price objective on shares of Schneider National from $25.00 to $23.00 and set a “neutral” rating on the stock in a report on Monday, April 15th. Stifel Nicolaus decreased their price objective on shares of Schneider National from $27.00 to $25.00 and set a “buy” rating on the stock in a report on Thursday, April 18th. Benchmark reaffirmed a “buy” rating and set a $27.00 price objective on shares of Schneider National in a research report on Friday, April 12th. 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. Finally, Evercore ISI lowered Schneider National from an “outperform” rating to an “inline” rating and set a $25.00 price target for the company. in a research report on Thursday, January 4th. Seven analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, Schneider National presently has a consensus rating of “Hold” and a consensus target price of $28.00.

Schneider National Price Performance

Shares of SNDR stock opened at $22.02 on Friday. The firm’s 50-day moving average is $22.17 and its two-hundred day moving average is $23.53. Schneider National has a 12 month low of $20.50 and a 12 month high of $31.74. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.83 and a quick ratio of 1.64. The company has a market capitalization of $3.88 billion, a PE ratio of 25.02, a price-to-earnings-growth ratio of 1.47 and a beta of 0.91.

Schneider National (NYSE:SNDR) last issued its quarterly earnings data on Thursday, May 2nd. The company reported $0.11 earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.02). Schneider National had a return on equity of 5.55% and a net margin of 2.95%. The business had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.36 billion. During the same quarter in the previous year, the company posted $0.55 earnings per share. The company’s revenue was down 7.7% on a year-over-year basis. Analysts predict that Schneider National will post 1.09 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Copeland Capital Management LLC acquired a new stake in shares of Schneider National in the 4th quarter valued at $12,547,000. Norges Bank purchased a new position in Schneider National in the fourth quarter valued at $11,027,000. First Trust Advisors LP raised its stake in Schneider National by 25.5% in the fourth quarter. First Trust Advisors LP now owns 1,812,883 shares of the company’s stock valued at $46,138,000 after buying an additional 368,920 shares in the last quarter. Earnest Partners LLC raised its stake in Schneider National by 24.3% in the third quarter. Earnest Partners LLC now owns 1,715,651 shares of the company’s stock valued at $47,506,000 after buying an additional 335,004 shares in the last quarter. Finally, New York State Common Retirement Fund lifted its holdings in Schneider National by 44.8% during the 3rd quarter. New York State Common Retirement Fund now owns 987,255 shares of the company’s stock worth $27,337,000 after buying an additional 305,484 shares during the last quarter. 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.