Schneider National (NYSE:SNDR) Stock Price Expected to Rise, Stifel Nicolaus Analyst Says

Schneider National (NYSE:SNDR - Get Free Report) had its target price increased by Stifel Nicolaus from $25.00 to $27.00 in a research report issued on Monday,Benzinga reports. The firm currently has a "hold" rating on the stock. Stifel Nicolaus' target price would indicate a potential downside of 15.17% from the company's previous close.

A number of other brokerages have also issued reports on SNDR. Bank of America raised shares of Schneider National from an "underperform" rating to a "buy" rating and lifted their target price for the company from $27.00 to $34.00 in a research note on Thursday. TD Cowen boosted their target price on Schneider National from $28.00 to $32.00 and gave the company a "buy" rating in a research note on Friday. Benchmark lifted their price target on Schneider National from $27.00 to $30.00 and gave the company a "buy" rating in a report on Friday, August 2nd. JPMorgan Chase & Co. cut their price objective on shares of Schneider National from $30.00 to $29.00 and set a "neutral" rating on the stock in a research report on Thursday. Finally, The Goldman Sachs Group dropped their price target on shares of Schneider National from $26.00 to $25.00 and set a "neutral" rating on the stock in a research note on Wednesday, October 9th. Nine equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $28.23.

Schneider National Stock Up 1.1 %

Shares of Schneider National stock traded up $0.36 during midday trading on Monday, hitting $31.83. The company's stock had a trading volume of 481,984 shares, compared to its average volume of 824,209. The firm has a market capitalization of $5.58 billion, a P/E ratio of 51.34, a PEG ratio of 3.78 and a beta of 0.85. Schneider National has a 1-year low of $20.50 and a 1-year high of $32.14. The company has a quick ratio of 1.46, a current ratio of 1.59 and a debt-to-equity ratio of 0.04. The stock has a 50-day simple moving average of $28.08 and a 200-day simple moving average of $25.47.

Schneider National (NYSE:SNDR - Get Free Report) last released its earnings results 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). The business had revenue of $1.32 billion for the quarter, compared to analysts' expectations of $1.33 billion. Schneider National had a net margin of 2.10% and a return on equity of 3.92%. As a group, sell-side analysts expect that Schneider National will post 0.7 earnings per share for the current year.

Institutional Trading of Schneider National

Several hedge funds have recently modified their holdings of the stock. Innealta Capital LLC acquired a new position in Schneider National in the second quarter valued at approximately $53,000. DekaBank Deutsche Girozentrale acquired a new position in shares of Schneider National during the 3rd quarter worth about $73,000. 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 valued at $74,000 after acquiring an additional 676 shares during the last quarter. SG Americas Securities LLC bought a new stake in shares of Schneider National in the 3rd quarter valued at about $109,000. Finally, Hills Bank & Trust Co acquired a new stake in shares of Schneider National in the 3rd quarter valued at approximately $112,000. 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.