Schneider National (NYSE:SNDR) Given Buy Rating at Benchmark

Schneider National (NYSE:SNDR)‘s stock had its “buy” rating reiterated by stock analysts at Benchmark in a research note issued on Tuesday, Benzinga reports. They presently have a $27.00 price target on the stock. Benchmark’s target price suggests a potential upside of 13.26% from the stock’s current price.

A number of other research firms have also recently commented on SNDR. TD Cowen lowered their target price on shares of Schneider National from $26.00 to $25.00 and set a “buy” rating for the company in a research note on Friday, May 3rd. Raymond James began coverage on shares of Schneider National in a research note on Wednesday, May 15th. They issued a “market perform” rating for the company. Susquehanna lowered their target price on shares of Schneider National from $27.00 to $25.00 and set a “neutral” rating for the company in a research note on Monday, March 25th. Robert W. Baird lowered their target price on shares of Schneider National from $29.00 to $27.00 and set an “outperform” rating for the company in a research note on Thursday, April 4th. Finally, Bank of America lowered their target price on shares of Schneider National from $25.00 to $23.00 and set a “neutral” rating for the company in a research note on Monday, April 15th. Eight equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $27.86.

Schneider National Stock Up 0.7 %

Shares of Schneider National stock traded up $0.16 on Tuesday, reaching $23.84. The stock had a trading volume of 34,092 shares, compared to its average volume of 810,760. The company has a 50 day moving average price of $22.22 and a 200 day moving average price of $23.12. The company has a quick ratio of 1.32, a current ratio of 1.44 and a debt-to-equity ratio of 0.03. Schneider National has a 1 year low of $20.50 and a 1 year high of $31.74. The stock has a market capitalization of $4.19 billion, a P/E ratio of 27.11, a P/E/G ratio of 2.15 and a beta of 0.85.

Schneider National (NYSE:SNDR) last issued its quarterly earnings data on Thursday, May 2nd. The company reported $0.11 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.02). Schneider National had a return on equity of 5.55% and a net margin of 2.95%. The firm had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.36 billion. During the same period in the previous year, the firm earned $0.55 EPS. The firm’s quarterly revenue was down 7.7% on a year-over-year basis. As a group, equities research analysts forecast that Schneider National will post 0.89 EPS for the current year.

Hedge Funds Weigh In On Schneider National

Large investors have recently made changes to their positions in the company. Bruce G. Allen Investments LLC purchased a new stake in Schneider National in the 4th quarter worth $29,000. Quent Capital LLC increased its holdings in Schneider National by 64.0% in the 4th quarter. Quent Capital LLC now owns 1,815 shares of the company’s stock worth $46,000 after acquiring an additional 708 shares in the last quarter. Principal Securities Inc. purchased a new stake in Schneider National in the 4th quarter worth $48,000. Quest Partners LLC purchased a new stake in Schneider National in the 4th quarter worth $102,000. Finally, TFO Wealth Partners LLC increased its holdings in Schneider National by 78,622.2% in the 4th quarter. TFO Wealth Partners LLC now owns 7,085 shares of the company’s stock worth $180,000 after acquiring an additional 7,076 shares in the last quarter. 28.54% of the stock is currently owned by institutional investors and hedge funds.

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.