Schneider National (NYSE:SNDR) Given New $26.00 Price Target at Evercore ISI

Schneider National (NYSE:SNDR - Get Free Report) had its target price reduced by stock analysts at Evercore ISI from $27.00 to $26.00 in a research report issued on Thursday,Benzinga reports. The brokerage presently has an "in-line" rating on the stock. Evercore ISI's price target would suggest a potential downside of 14.73% from the stock's current price.

Other equities research analysts have also issued research reports about the stock. JPMorgan Chase & Co. boosted their price objective on shares of Schneider National from $24.00 to $30.00 and gave the stock a "neutral" rating in a research note on Friday, August 2nd. Benchmark boosted their price target on Schneider National from $27.00 to $30.00 and gave the stock a "buy" rating in a research report on Friday, August 2nd. Bank of America raised 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 research report on Thursday. Stifel Nicolaus cut Schneider National from a "buy" rating to a "hold" rating and set a $25.00 price objective for the company. in a research note on Thursday, August 8th. Finally, Robert W. Baird increased their target price on Schneider National from $26.00 to $30.00 and gave the stock an "outperform" rating in a research note on Friday, August 2nd. Nine research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $27.54.

Schneider National Trading Up 0.2 %

Schneider National stock traded up $0.05 during mid-day trading on Thursday, reaching $30.49. 1,143,127 shares of the company traded hands, compared to its average volume of 825,776. The firm's 50 day moving average price is $27.82 and its 200 day moving average price is $25.23. Schneider National has a 52-week low of $20.50 and a 52-week high of $31.24. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.59 and a quick ratio of 1.46. The firm has a market capitalization of $5.34 billion, a price-to-earnings ratio of 47.45, a P/E/G ratio of 2.90 and a beta of 0.85.

Schneider National (NYSE:SNDR - Get Free Report) last posted its quarterly earnings data on Wednesday, November 6th. The company reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.05). 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 for the quarter, compared to the consensus estimate of $1.33 billion. On average, analysts anticipate that Schneider National will post 0.84 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Schneider National

Hedge funds and other institutional investors have recently modified their holdings of the company. The Manufacturers Life Insurance Company grew its position in Schneider National by 3.6% during the second quarter. The Manufacturers Life Insurance Company now owns 14,136 shares of the company's stock valued at $342,000 after buying an additional 493 shares during the period. CANADA LIFE ASSURANCE Co grew its position in shares of Schneider National by 3.2% during the 1st quarter. CANADA LIFE ASSURANCE Co now owns 19,917 shares of the company's stock valued at $451,000 after acquiring an additional 618 shares during the period. Hilltop National Bank increased its stake 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 in the last quarter. California State Teachers Retirement System raised its holdings in Schneider National by 1.7% in the 1st quarter. California State Teachers Retirement System now owns 55,889 shares of the company's stock worth $1,265,000 after purchasing an additional 958 shares during the period. Finally, Comerica Bank raised its holdings in Schneider National by 11.8% in the 1st quarter. Comerica Bank now owns 12,283 shares of the company's stock worth $278,000 after purchasing an additional 1,297 shares during the period. 28.54% of the stock is owned by 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.