Schneider National (NYSE:SNDR) Price Target Raised to $29.00 at Susquehanna

Schneider National (NYSE:SNDR - Get Free Report) had its price objective boosted by investment analysts at Susquehanna from $25.00 to $29.00 in a research note issued to investors on Thursday, Benzinga reports. The firm currently has a "neutral" rating on the stock. Susquehanna's price target indicates a potential upside of 3.31% from the company's previous close.

A number of other equities analysts have also recently commented on SNDR. Benchmark raised their target price on Schneider National from $27.00 to $30.00 and gave the company a "buy" rating in a report on Friday, August 2nd. UBS Group raised their price objective on shares of Schneider National from $26.00 to $28.00 and gave the company a "buy" rating in a research note on Tuesday, July 9th. Stifel Nicolaus downgraded shares of Schneider National from a "buy" rating to a "hold" rating and set a $25.00 target price on the stock. in a research note on Thursday, August 8th. Wells Fargo & Company started coverage on shares of Schneider National in a research report on Friday, June 7th. They issued an "equal weight" rating and a $23.00 price target for the company. Finally, Bank of America lowered Schneider National from a "neutral" rating to an "underperform" rating and set a $23.00 price objective on the stock. in a research report on Monday, July 22nd. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat.com, Schneider National currently has a consensus rating of "Hold" and a consensus price target of $27.31.

Schneider National Trading Up 0.7 %

Shares of SNDR traded up $0.20 during trading on Thursday, reaching $28.07. 396,736 shares of the company traded hands, compared to its average volume of 864,369. The stock has a 50-day simple moving average of $26.92 and a 200-day simple moving average of $23.99. The stock has a market cap of $4.93 billion, a PE ratio of 31.70, a price-to-earnings-growth ratio of 2.57 and a beta of 0.85. Schneider National has a twelve month low of $20.50 and a twelve month high of $28.97. 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 - Get Free Report) last posted its earnings results on Thursday, August 1st. The company reported $0.21 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.03. Schneider National had a net margin of 2.18% and a return on equity of 4.08%. The firm had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.35 billion. During the same quarter last year, the firm earned $0.45 EPS. The firm's revenue for the quarter was down 2.2% on a year-over-year basis. On average, analysts anticipate that Schneider National will post 0.85 earnings per share for the current year.

Insider Buying and Selling at Schneider National

In other news, insider Shaleen Devgun sold 10,000 shares of the business's stock in a transaction that occurred on Friday, August 2nd. The shares were sold at an average price of $27.60, for a total transaction of $276,000.00. Following the completion of the sale, the insider now owns 55,726 shares in the company, valued at approximately $1,538,037.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 32.68% of the stock is currently owned by insiders.

Institutional Trading of Schneider National

Institutional investors and hedge funds have recently made changes to their positions in the company. Norges Bank purchased a new stake in Schneider National in the fourth quarter valued at approximately $11,027,000. Hsbc Holdings PLC grew its position in Schneider National by 24.7% during the 4th quarter. Hsbc Holdings PLC now owns 76,738 shares of the company's stock worth $1,958,000 after purchasing an additional 15,197 shares during the last quarter. Allianz Asset Management GmbH increased its stake in Schneider National by 0.9% in the fourth quarter. Allianz Asset Management GmbH now owns 955,872 shares of the company's stock valued at $24,327,000 after purchasing an additional 8,691 shares during the period. Treasurer of the State of North Carolina boosted its stake in shares of Schneider National by 68.3% during the fourth quarter. Treasurer of the State of North Carolina now owns 40,482 shares of the company's stock worth $1,030,000 after buying an additional 16,432 shares during the period. Finally, TFO Wealth Partners LLC grew its holdings in shares of Schneider National by 78,622.2% during the fourth quarter. TFO Wealth Partners LLC now owns 7,085 shares of the company's stock worth $180,000 after buying an additional 7,076 shares during the last quarter. 28.54% of the stock is owned by hedge funds and other institutional investors.

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.