Schneider National (NYSE:SNDR) Shares Gap Down - What's Next?

Schneider National, Inc. (NYSE:SNDR - Get Free Report) shares gapped down before the market opened on Friday . The stock had previously closed at $30.73, but opened at $30.03. Schneider National shares last traded at $29.96, with a volume of 48,446 shares.

Analyst Upgrades and Downgrades

SNDR has been the topic of a number of recent research reports. Citigroup downgraded shares of Schneider National from a "neutral" rating to a "sell" rating and lowered their price objective for the company from $32.00 to $30.00 in a report on Tuesday, November 12th. The Goldman Sachs Group lowered 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. Bank of America increased their price objective on shares of Schneider National from $35.00 to $38.00 and gave the stock a "buy" rating in a research note on Tuesday, November 26th. JPMorgan Chase & Co. lowered their target price on Schneider National from $30.00 to $29.00 and set a "neutral" rating on the stock in a research report on Thursday, November 7th. Finally, Stifel Nicolaus upped their target price on Schneider National from $27.00 to $28.00 and gave the stock a "hold" rating in a report on Wednesday. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and an average price target of $29.15.

Schneider National Stock Performance

The stock has a market capitalization of $5.21 billion, a P/E ratio of 47.97, a PEG ratio of 1.76 and a beta of 0.93. The stock's 50-day simple moving average is $30.61 and its 200 day simple moving average is $28.28. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.66 and a quick ratio of 1.53.

Schneider National (NYSE:SNDR - Get Free Report) last posted its earnings results on Wednesday, November 6th. The company reported $0.18 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.23 by ($0.05). Schneider National had a return on equity of 3.92% and a net margin of 2.10%. The company had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.33 billion. Research analysts expect that Schneider National, Inc. will post 0.7 EPS for the current fiscal year.

Schneider National Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 8th. Stockholders of record on Friday, December 13th were given a $0.095 dividend. This represents a $0.38 annualized dividend and a dividend yield of 1.28%. The ex-dividend date was Friday, December 13th. Schneider National's payout ratio is 61.29%.

Insider Buying and Selling

In other news, CAO Robert M. Reich, Jr. sold 6,250 shares of the firm's stock in a transaction that occurred on Wednesday, December 4th. The shares were sold at an average price of $31.69, for a total transaction of $198,062.50. Following the transaction, the chief accounting officer now directly owns 155,366 shares of the company's stock, valued at approximately $4,923,548.54. This trade represents a 3.87 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Thomas G. Jackson sold 18,248 shares of Schneider National stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $33.07, for a total transaction of $603,461.36. Following the completion of the sale, the executive vice president now owns 66,526 shares of the company's stock, valued at approximately $2,200,014.82. The trade was a 21.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 66,555 shares of company stock valued at $2,153,011. Insiders own 18.83% of the company's stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of SNDR. GAMMA Investing LLC raised its position in Schneider National by 52.6% during the fourth quarter. GAMMA Investing LLC now owns 1,306 shares of the company's stock valued at $38,000 after purchasing an additional 450 shares in the last quarter. Future Financial Wealth Managment LLC bought a new position in shares of Schneider National in the 4th quarter valued at $59,000. DekaBank Deutsche Girozentrale acquired a new position in shares of Schneider National during the 3rd quarter worth $73,000. Quarry LP bought a new stake in shares of Schneider National during the 3rd quarter worth $90,000. Finally, SG Americas Securities LLC acquired a new stake in Schneider National in the third quarter valued at about $109,000. Institutional investors and hedge funds 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.