Schneider National, Inc. (NYSE:SNDR - Get Free Report) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $29.18 and last traded at $28.85, with a volume of 55100 shares. The stock had previously closed at $28.43.
Wall Street Analyst Weigh In
Several research analysts have recently weighed in on the stock. The Goldman Sachs Group dropped their target price on shares of Schneider National from $26.00 to $25.00 and set a "neutral" rating on the stock in a research report on Wednesday, October 9th. UBS Group increased their target price on Schneider National from $26.00 to $28.00 and gave the company a "buy" rating in a report on Tuesday, July 9th. Evercore ISI reduced their price objective on Schneider National from $28.00 to $27.00 and set an "in-line" rating for the company in a research note on Thursday, October 3rd. Bank of America cut Schneider National from a "neutral" rating to an "underperform" rating and set a $23.00 target price on the stock. in a research note on Monday, July 22nd. Finally, Benchmark raised their price target on shares of Schneider National from $27.00 to $30.00 and gave the stock a "buy" rating in a report on Friday, August 2nd. One research analyst has rated the stock with a sell rating, nine have given a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $27.08.
Check Out Our Latest Analysis on SNDR
Schneider National Stock Up 0.2 %
The company has a current ratio of 1.59, a quick ratio of 1.46 and a debt-to-equity ratio of 0.04. The firm has a 50-day moving average of $27.62 and a two-hundred day moving average of $24.96. The firm has a market cap of $5.00 billion, a price-to-earnings ratio of 32.38, a PEG ratio of 2.84 and a beta of 0.85.
Schneider National (NYSE:SNDR - Get Free Report) last announced its earnings results on Thursday, August 1st. The company reported $0.21 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.18 by $0.03. The business had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.35 billion. Schneider National had a net margin of 2.18% and a return on equity of 4.08%. Schneider National's revenue was down 2.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.45 earnings per share. As a group, sell-side analysts predict that Schneider National, Inc. will post 0.84 earnings per share for the current fiscal year.
Insider Buying and Selling
In related news, insider Shaleen Devgun sold 10,000 shares of the company's stock in a transaction dated Friday, August 2nd. The shares were sold at an average price of $27.60, for a total value of $276,000.00. Following the sale, the insider now owns 55,726 shares of the company's stock, valued at $1,538,037.60. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 32.68% of the stock is owned by company insiders.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the business. Innealta Capital LLC acquired a new position in Schneider National during the 2nd quarter valued at about $53,000. DekaBank Deutsche Girozentrale acquired a new position in shares of Schneider National in the 3rd quarter valued at $73,000. Hilltop National Bank boosted its position in shares of Schneider National by 28.5% in the 2nd quarter. Hilltop National Bank now owns 3,044 shares of the company's stock worth $74,000 after purchasing 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 $109,000. Finally, Hills Bank & Trust Co bought a new stake in Schneider National in the third quarter valued at about $112,000. 28.54% of the stock is owned by institutional investors and hedge funds.
About Schneider National
(
Get Free Report)
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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