Schneider National (NYSE:SNDR) Rating Increased to Neutral at Citigroup

Schneider National (NYSE:SNDR - Get Free Report) was upgraded by stock analysts at Citigroup from a "sell" rating to a "neutral" rating in a report released on Tuesday, MarketBeat Ratings reports. The brokerage currently has a $23.00 target price on the stock, down from their prior target price of $25.00. Citigroup's price target indicates a potential upside of 3.28% from the stock's current price.

A number of other research analysts also recently weighed in on SNDR. Stephens restated an "equal weight" rating and issued a $30.00 price target (down from $32.00) on shares of Schneider National in a research note on Monday, February 3rd. JPMorgan Chase & Co. decreased their target price on shares of Schneider National from $32.00 to $31.00 and set a "neutral" rating for the company in a research note on Friday, January 31st. Wells Fargo & Company dropped their price target on shares of Schneider National from $32.00 to $25.00 and set an "equal weight" rating on the stock in a research report on Thursday, March 27th. Susquehanna cut their price target on shares of Schneider National from $32.00 to $24.00 and set a "neutral" rating for the company in a research note on Wednesday, March 26th. Finally, Bank of America restated a "neutral" rating and set a $25.00 price objective (down from $34.00) on shares of Schneider National in a research note on Friday, March 28th. Ten analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $27.79.

Schneider National Stock Down 0.8 %

SNDR traded down $0.19 during trading on Tuesday, hitting $22.27. The company had a trading volume of 715,156 shares, compared to its average volume of 820,682. The company has a market capitalization of $3.91 billion, a PE ratio of 34.26, a PEG ratio of 0.54 and a beta of 1.10. The company has a quick ratio of 1.53, a current ratio of 1.66 and a debt-to-equity ratio of 0.04. Schneider National has a one year low of $20.50 and a one year high of $33.90. The firm's 50-day moving average price is $24.92 and its 200 day moving average price is $28.03.

Schneider National (NYSE:SNDR - Get Free Report) last released its earnings results on Thursday, January 30th. The company reported $0.20 EPS for the quarter, meeting the consensus estimate of $0.20. Schneider National had a return on equity of 4.12% and a net margin of 2.21%. During the same period in the previous year, the business posted $0.16 EPS. As a group, equities analysts expect that Schneider National will post 1.12 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. FMR LLC grew its position in Schneider National by 44.5% during the third quarter. FMR LLC now owns 27,904 shares of the company's stock worth $796,000 after buying an additional 8,593 shares in the last quarter. BNP Paribas Financial Markets grew its holdings in shares of Schneider National by 356.5% during the 3rd quarter. BNP Paribas Financial Markets now owns 4,894 shares of the company's stock worth $140,000 after purchasing an additional 3,822 shares in the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in shares of Schneider National by 15.6% in the third quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 130,474 shares of the company's stock worth $3,724,000 after purchasing an additional 17,573 shares during the period. Captrust Financial Advisors increased its position in shares of Schneider National by 30.6% in the third quarter. Captrust Financial Advisors now owns 21,194 shares of the company's stock worth $605,000 after purchasing an additional 4,968 shares during the period. Finally, HighTower Advisors LLC bought a new stake in Schneider National during the third quarter worth about $345,000. 28.54% of the stock is owned by institutional investors.

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.