Schneider National's (SNDR) Neutral Rating Reiterated at Bank of America

Schneider National (NYSE:SNDR - Get Free Report)'s stock had its "neutral" rating reaffirmed by research analysts at Bank of America in a research report issued on Friday, Marketbeat.com reports. They currently have a $25.00 price target on the stock, down from their previous price target of $34.00. Bank of America's target price points to a potential upside of 9.12% from the company's previous close.

Other equities analysts also recently issued reports about the company. JPMorgan Chase & Co. reduced their price objective on Schneider National from $32.00 to $31.00 and set a "neutral" rating for the company in a research report on Friday, January 31st. Stifel Nicolaus boosted their target price on shares of Schneider National from $28.00 to $31.00 and gave the stock a "hold" rating in a report on Thursday, January 23rd. Stephens reiterated an "equal weight" rating and issued a $30.00 price target (down previously from $32.00) on shares of Schneider National in a research report on Monday, February 3rd. Susquehanna reduced their target price on Schneider National from $32.00 to $24.00 and set a "neutral" rating for the company in a report on Wednesday, March 26th. Finally, Wells Fargo & Company decreased their price target on shares of Schneider National from $32.00 to $25.00 and set an "equal weight" rating for the company in a report on Thursday, March 27th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and four have given a buy rating to the stock. According to MarketBeat, the company has an average rating of "Hold" and an average price target of $28.69.

Schneider National Stock Up 0.3 %

NYSE SNDR traded up $0.06 on Friday, hitting $22.91. 224,525 shares of the stock traded hands, compared to its average volume of 813,528. The company has a current ratio of 1.66, a quick ratio of 1.53 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $4.02 billion, a P/E ratio of 35.23, a price-to-earnings-growth ratio of 0.54 and a beta of 0.87. Schneider National has a twelve month low of $20.50 and a twelve month high of $33.90. The stock has a 50-day moving average of $26.56 and a 200 day moving average of $28.48.

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

Institutional Trading of Schneider National

Several hedge funds have recently added to or reduced their stakes in SNDR. Allspring Global Investments Holdings LLC raised its position in shares of Schneider National by 780.7% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 12,761 shares of the company's stock valued at $372,000 after buying an additional 11,312 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of Schneider National by 15.6% in the 3rd 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 acquiring an additional 17,573 shares in the last quarter. Geode Capital Management LLC increased its position in Schneider National by 18.4% in the 3rd quarter. Geode Capital Management LLC now owns 746,272 shares of the company's stock valued at $21,305,000 after acquiring an additional 115,814 shares in the last quarter. Hotchkis & Wiley Capital Management LLC acquired a new position in Schneider National during the 3rd quarter worth $9,157,000. Finally, Proficio Capital Partners LLC bought a new position in shares of Schneider National in the 4th quarter valued at about $997,000. Institutional investors own 28.54% of the company's stock.

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.