Schneider National (NYSE:SNDR) Stock Price Expected to Rise, Stifel Nicolaus Analyst Says

Schneider National (NYSE:SNDR) had its price target lifted by investment analysts at Stifel Nicolaus from $25.00 to $27.00 in a report released on Monday,Benzinga reports. The firm presently has a “hold” rating on the stock. Stifel Nicolaus’ target price would suggest a potential downside of 14.80% from the stock’s previous close.

Several other research firms have also recently commented on SNDR. Citigroup assumed coverage on Schneider National in a research note on Wednesday, October 9th. They set a “neutral” rating and a $29.00 target price for the company. Susquehanna cut their target price on shares of Schneider National from $29.00 to $26.00 and set a “neutral” rating on the stock in a research note on Thursday, November 7th. The Goldman Sachs Group reduced their target price on shares of Schneider National from $26.00 to $25.00 and set a “neutral” rating on the stock in a report on Wednesday, October 9th. Robert W. Baird boosted their price target on shares of Schneider National from $26.00 to $30.00 and gave the stock an “outperform” rating in a report on Friday, August 2nd. Finally, Bank of America upgraded shares of Schneider National from an “underperform” rating to a “buy” rating and raised their price objective for the company from $27.00 to $34.00 in a report on Thursday, November 7th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat, Schneider National currently has an average rating of “Hold” and a consensus price target of $28.31.

Schneider National Stock Down 0.4 %

Shares of SNDR opened at $31.69 on Monday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.46 and a current ratio of 1.59. The stock has a market capitalization of $5.55 billion, a PE ratio of 51.11, a P/E/G ratio of 3.78 and a beta of 0.85. The company’s 50-day simple moving average is $28.17 and its 200-day simple moving average is $25.54. Schneider National has a 1 year low of $20.50 and a 1 year high of $32.14.

Schneider National (NYSE:SNDR) last released its earnings results on Wednesday, November 6th. The company reported $0.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.05). Schneider National had a return on equity of 3.92% and a net margin of 2.10%. The business had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.33 billion. Analysts forecast that Schneider National will post 0.7 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Schneider National

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Innealta Capital LLC acquired a new position in shares of Schneider National in the 2nd quarter valued at $53,000. DekaBank Deutsche Girozentrale purchased a new stake in shares of Schneider National in the third quarter valued at about $73,000. Hilltop National Bank raised its holdings in shares of Schneider National by 28.5% in the second quarter. Hilltop National Bank now owns 3,044 shares of the company’s stock valued at $74,000 after buying an additional 676 shares during the last quarter. SG Americas Securities LLC acquired a new stake in shares of Schneider National during the third quarter worth about $109,000. Finally, Hills Bank & Trust Co purchased a new position in shares of Schneider National during the third quarter worth about $112,000. Hedge funds and other institutional investors 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.