Schneider National (NYSE:SNDR) Price Target Raised to $34.00

Schneider National (NYSE:SNDR - Get Free Report) had its price objective hoisted by investment analysts at TD Cowen from $32.00 to $34.00 in a note issued to investors on Tuesday, MarketBeat.com reports. The brokerage currently has a "buy" rating on the stock. TD Cowen's price objective would suggest a potential upside of 2.16% from the company's previous close.

SNDR has been the subject of several other research reports. JPMorgan Chase & Co. lowered their price objective on shares of Schneider National from $30.00 to $29.00 and set a "neutral" rating for the company in a research report on Thursday, November 7th. Evercore ISI dropped their price target on Schneider National from $27.00 to $26.00 and set an "in-line" rating on the stock in a research note on Thursday, November 7th. Benchmark upped their price objective on Schneider National from $27.00 to $30.00 and gave the stock a "buy" rating in a research report on Friday, August 2nd. Susquehanna dropped their target price on Schneider National from $29.00 to $26.00 and set a "neutral" rating on the stock in a research report on Thursday, November 7th. Finally, Robert W. Baird raised their price target on shares of Schneider National from $26.00 to $30.00 and gave the stock an "outperform" rating in a research note on Friday, August 2nd. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, Schneider National presently has a consensus rating of "Hold" and a consensus target price of $28.77.

Schneider National Trading Up 3.9 %

Shares of SNDR stock traded up $1.26 on Tuesday, hitting $33.28. The stock had a trading volume of 1,339,002 shares, compared to its average volume of 816,439. The company has a current ratio of 1.66, a quick ratio of 1.53 and a debt-to-equity ratio of 0.04. Schneider National has a twelve month low of $20.50 and a twelve month high of $33.47. The company has a fifty day moving average price of $28.87 and a two-hundred day moving average price of $26.13. The firm has a market cap of $5.83 billion, a P/E ratio of 52.47, a PEG ratio of 3.83 and a beta of 0.85.

Schneider National (NYSE:SNDR - Get Free Report) last released its quarterly earnings results on Wednesday, November 6th. The company reported $0.18 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 business had revenue of $1.32 billion for the quarter, compared to analyst estimates of $1.33 billion. As a group, analysts forecast that Schneider National will post 0.7 earnings per share for the current fiscal year.

Institutional Trading of Schneider National

A number of hedge funds have recently modified their holdings of the stock. The Manufacturers Life Insurance Company lifted 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 worth $342,000 after acquiring an additional 493 shares during the last quarter. CANADA LIFE ASSURANCE Co boosted its stake in Schneider National by 3.2% in the 1st quarter. CANADA LIFE ASSURANCE Co now owns 19,917 shares of the company's stock valued at $451,000 after purchasing an additional 618 shares during the period. Hilltop National Bank grew its holdings in 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 buying an additional 676 shares in the last quarter. California State Teachers Retirement System increased its position in Schneider National by 1.7% during the 1st quarter. California State Teachers Retirement System now owns 55,889 shares of the company's stock worth $1,265,000 after buying an additional 958 shares during the period. Finally, Comerica Bank lifted its holdings in shares of Schneider National by 11.8% during the first quarter. Comerica Bank now owns 12,283 shares of the company's stock worth $278,000 after buying an additional 1,297 shares in the last quarter. 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.