Schneider National (NYSE:SNDR – Get Free Report) issued an update on its FY24 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $0.85-1.00 for the period, compared to the consensus estimate of $1.00.
Schneider National Price Performance
Shares of SNDR stock traded up $0.50 during mid-day trading on Friday, hitting $22.02. 1,423,880 shares of the stock traded hands, compared to its average volume of 818,371. Schneider National has a twelve month low of $20.50 and a twelve month high of $31.74. The firm has a market cap of $3.88 billion, a price-to-earnings ratio of 25.02, a price-to-earnings-growth ratio of 1.47 and a beta of 0.91. The company’s 50-day simple moving average is $22.17 and its 200-day simple moving average is $23.50. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.64 and a current ratio of 1.83.
Schneider National (NYSE:SNDR – Get Free Report) last issued its earnings results on Thursday, May 2nd. The company reported $0.11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.02). The company had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.36 billion. Schneider National had a return on equity of 5.55% and a net margin of 2.95%. The business’s revenue was down 7.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.55 earnings per share. As a group, equities research analysts expect that Schneider National will post 1.09 earnings per share for the current year.
Schneider National Announces Dividend
Analyst Ratings Changes
A number of research analysts have commented on SNDR shares. Susquehanna lowered their target price on Schneider National from $27.00 to $25.00 and set a neutral rating on the stock in a research note on Monday, March 25th. Stephens restated an equal weight rating and issued a $28.00 target price on shares of Schneider National in a research note on Monday, February 5th. Robert W. Baird lowered their target price on Schneider National from $29.00 to $27.00 and set an outperform rating on the stock in a research note on Thursday, April 4th. Bank of America reduced their price target 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, Stifel Nicolaus reduced their price target on Schneider National from $27.00 to $25.00 and set a buy rating for the company in a research report on Thursday, April 18th. Seven research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of Hold and an average price target of $28.00.
View Our Latest Analysis on Schneider National
About Schneider National
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.
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