Schneider National (NYSE:SNDR) Rating Reiterated by Benchmark

Schneider National (NYSE:SNDR)‘s stock had its “buy” rating reissued by stock analysts at Benchmark in a report released on Tuesday, Benzinga reports. They presently have a $27.00 price target on the stock. Benchmark’s price target points to a potential upside of 12.36% from the stock’s current price.

A number of other research analysts also recently issued reports on the company. Susquehanna decreased their price target on Schneider National from $27.00 to $25.00 and set a “neutral” rating for the company in a report on Monday, March 25th. Wells Fargo & Company initiated coverage on Schneider National in a research report on Friday, June 7th. They issued an “equal weight” rating and a $23.00 price objective for the company. TD Cowen cut their price objective on Schneider National from $26.00 to $25.00 and set a “buy” rating for the company in a research report on Friday, May 3rd. Bank of America cut their price objective on Schneider National from $25.00 to $23.00 and set a “neutral” rating for the company in a research report on Monday, April 15th. Finally, Robert W. Baird cut their price objective on Schneider National from $29.00 to $27.00 and set an “outperform” rating for the company in a research report on Thursday, April 4th. Eight analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $27.86.

Schneider National Trading Up 0.8 %

Schneider National stock opened at $24.03 on Tuesday. The company has a quick ratio of 1.32, a current ratio of 1.44 and a debt-to-equity ratio of 0.03. Schneider National has a 52 week low of $20.50 and a 52 week high of $31.74. The company has a market capitalization of $4.22 billion, a price-to-earnings ratio of 27.31, a price-to-earnings-growth ratio of 2.15 and a beta of 0.85. The stock has a 50-day moving average price of $22.33 and a 200 day moving average price of $23.11.

Schneider National (NYSE:SNDR) last released its earnings results 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 return on equity of 5.55% and a net margin of 2.95%. The firm had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.36 billion. During the same period last year, the firm earned $0.55 EPS. The company’s revenue for the quarter was down 7.7% compared to the same quarter last year. Sell-side analysts anticipate that Schneider National will post 0.89 EPS for the current year.

Hedge Funds Weigh In On Schneider National

Several large investors have recently modified their holdings of SNDR. Copeland Capital Management LLC acquired a new position in shares of Schneider National in the 4th quarter valued at $12,547,000. Norges Bank purchased a new position in Schneider National during the 4th quarter valued at about $11,027,000. Vanguard Group Inc. boosted its holdings in Schneider National by 10.6% during the 1st quarter. Vanguard Group Inc. now owns 4,061,994 shares of the company’s stock valued at $91,964,000 after acquiring an additional 388,913 shares during the period. First Trust Advisors LP boosted its holdings in Schneider National by 25.5% during the 4th quarter. First Trust Advisors LP now owns 1,812,883 shares of the company’s stock valued at $46,138,000 after acquiring an additional 368,920 shares during the period. Finally, Earnest Partners LLC boosted its stake in shares of Schneider National by 24.3% in the 3rd 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 during the period. 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.