Wall Street brokerages expect Schneider National (NYSE:SNDR) to report $1.20 billion in sales for the current fiscal quarter, according to Zacks. Four analysts have made estimates for Schneider National’s earnings. The lowest sales estimate is $1.14 billion and the highest is $1.23 billion. Schneider National reported sales of $1.08 billion in the same quarter last year, which would suggest a positive year over year growth rate of 11.1%. The business is scheduled to report its next earnings results on Tuesday, August 7th.
According to Zacks, analysts expect that Schneider National will report full-year sales of $4.88 billion for the current year, with estimates ranging from $4.76 billion to $4.98 billion. For the next year, analysts forecast that the firm will post sales of $5.25 billion per share, with estimates ranging from $5.10 billion to $5.47 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of analysts that that provide coverage for Schneider National.
Schneider National (NYSE:SNDR) last announced its quarterly earnings results on Thursday, April 26th. The company reported $0.27 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.24 by $0.03. Schneider National had a return on equity of 10.55% and a net margin of 9.19%. The company had revenue of $1.14 billion during the quarter, compared to the consensus estimate of $1.13 billion. During the same period in the previous year, the company posted $0.15 earnings per share. Schneider National’s revenue for the quarter was up 13.2% on a year-over-year basis.
A number of research analysts have issued reports on the company. Credit Suisse Group boosted their price target on Schneider National from $31.00 to $32.00 and gave the company an “outperform” rating in a report on Monday, February 5th. Zacks Investment Research raised Schneider National from a “hold” rating to a “buy” rating and set a $30.00 price target for the company in a report on Wednesday, May 2nd. ValuEngine raised Schneider National from a “hold” rating to a “buy” rating in a report on Wednesday, May 2nd. Morgan Stanley boosted their price objective on Schneider National from $35.00 to $36.00 and gave the company an “overweight” rating in a research report on Monday, April 30th. Finally, Wolfe Research cut Schneider National from a “market perform” rating to an “underperform” rating in a research report on Monday, February 5th. Three investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average target price of $31.25.
Institutional investors have recently bought and sold shares of the company. Acadian Asset Management LLC purchased a new stake in shares of Schneider National in the fourth quarter valued at approximately $175,000. Verition Fund Management LLC purchased a new stake in shares of Schneider National during the fourth quarter worth approximately $232,000. Virtu Financial LLC purchased a new stake in shares of Schneider National during the fourth quarter worth approximately $251,000. Principal Financial Group Inc. purchased a new stake in shares of Schneider National during the first quarter worth approximately $251,000. Finally, Trexquant Investment LP purchased a new stake in shares of Schneider National during the first quarter worth approximately $280,000. Institutional investors and hedge funds own 25.42% of the company’s stock.
Shares of Schneider National opened at $28.52 on Friday, Marketbeat Ratings reports. Schneider National has a 12-month low of $27.58 and a 12-month high of $28.30. The company has a market capitalization of $4.89 billion and a price-to-earnings ratio of 30.34. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.42 and a quick ratio of 2.27.
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, July 9th. Stockholders of record on Friday, June 15th will be given a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.84%. The ex-dividend date is Thursday, June 14th. Schneider National’s dividend payout ratio (DPR) is presently 25.53%.
About Schneider National
Schneider National, Inc, a transportation and logistics services company, provides truckload, intermodal, and logistics solutions in North America. Its Truckload segment provides standard long-haul and regional shipping services through dry van equipment; and bulk, temperature-controlled, final mile delivery, and customized solutions for time-sensitive loads.
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