Schneider National, Inc. (NYSE:SNDR) Given Average Recommendation of “Hold” by Analysts

Shares of Schneider National, Inc. (NYSE:SNDR) have been assigned a consensus recommendation of “Hold” from the fourteen research firms that are covering the stock, Marketbeat reports. One analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have issued a buy rating on the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $27.08.

A number of equities analysts recently weighed in on the stock. Stifel Nicolaus lowered shares of Schneider National from a “buy” rating to a “hold” rating and set a $25.00 price objective for the company. in a report on Thursday, August 8th. The Goldman Sachs Group decreased their target price on shares of Schneider National from $26.00 to $25.00 and set a “neutral” rating for the company in a research note on Wednesday. Citigroup assumed coverage on shares of Schneider National in a research note on Wednesday. They set a “neutral” rating and a $29.00 target price for the company. Benchmark boosted their target price on shares of Schneider National from $27.00 to $30.00 and gave the company a “buy” rating in a research note on Friday, August 2nd. Finally, JPMorgan Chase & Co. boosted their target price on shares of Schneider National from $24.00 to $30.00 and gave the company a “neutral” rating in a research note on Friday, August 2nd.

Insider Activity

In related news, insider Shaleen Devgun sold 10,000 shares of the company’s stock in a transaction on Friday, August 2nd. The shares were sold at an average price of $27.60, for a total value of $276,000.00. Following the completion of the transaction, the insider now owns 55,726 shares of the company’s stock, valued at approximately $1,538,037.60. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 32.68% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Russell Investments Group Ltd. boosted its holdings in Schneider National by 76.5% in the 1st quarter. Russell Investments Group Ltd. now owns 281,747 shares of the company’s stock worth $6,379,000 after buying an additional 122,077 shares during the period. Tidal Investments LLC bought a new position in shares of Schneider National during the 1st quarter valued at about $468,000. BNP Paribas Financial Markets boosted its holdings in shares of Schneider National by 4,602.7% during the 1st quarter. BNP Paribas Financial Markets now owns 135,862 shares of the company’s stock valued at $3,076,000 after purchasing an additional 132,973 shares during the last quarter. Quadrature Capital Ltd bought a new position in shares of Schneider National during the 1st quarter valued at about $489,000. Finally, SG Americas Securities LLC boosted its holdings in shares of Schneider National by 244.5% during the 1st quarter. SG Americas Securities LLC now owns 70,335 shares of the company’s stock valued at $1,592,000 after purchasing an additional 49,921 shares during the last quarter. Institutional investors own 28.54% of the company’s stock.

Schneider National Price Performance

Shares of NYSE SNDR opened at $27.64 on Tuesday. Schneider National has a twelve month low of $20.50 and a twelve month high of $29.01. The firm has a market cap of $4.85 billion, a P/E ratio of 31.41, a PEG ratio of 2.51 and a beta of 0.85. The company has a 50 day moving average of $27.34 and a 200 day moving average of $24.44. The company has a quick ratio of 1.46, a current ratio of 1.59 and a debt-to-equity ratio of 0.04.

Schneider National (NYSE:SNDR) last announced its quarterly earnings data on Thursday, August 1st. The company reported $0.21 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.03. Schneider National had a net margin of 2.18% and a return on equity of 4.08%. The company had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.35 billion. During the same period in the previous year, the business earned $0.45 EPS. The firm’s revenue for the quarter was down 2.2% on a year-over-year basis. As a group, research analysts expect that Schneider National will post 0.85 EPS for the current fiscal year.

Schneider National Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 8th. Stockholders of record on Friday, September 13th were given a dividend of $0.095 per share. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.37%. The ex-dividend date was Friday, September 13th. Schneider National’s payout ratio is 43.18%.

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.