Schneider National, Inc. (NYSE:SNDR) Given Consensus Recommendation of “Hold” by Analysts

Shares of Schneider National, Inc. (NYSE:SNDR) have been given a consensus recommendation of “Hold” by the thirteen ratings firms that are currently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating and four have issued a buy rating on the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is $27.00.

Several research firms have recently weighed in on SNDR. Robert W. Baird boosted their price objective on shares of Schneider National from $26.00 to $30.00 and gave the company an “outperform” rating in a report on Friday, August 2nd. Benchmark boosted their target price on shares of Schneider National from $27.00 to $30.00 and gave the company a “buy” rating in a research note on Friday, August 2nd. Wells Fargo & Company assumed coverage on Schneider National in a research note on Friday, June 7th. They issued an “equal weight” rating and a $23.00 price target on the stock. 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 report on Thursday, August 8th. Finally, Susquehanna raised their target price on Schneider National from $23.00 to $25.00 and gave the stock a “neutral” rating in a research report on Friday, August 2nd.

Insider Buying and Selling at Schneider National

In related news, insider Shaleen Devgun sold 10,000 shares of the company’s stock in a transaction on Friday, August 2nd. The shares were sold at an average price of $27.60, for a total value of $276,000.00. Following the completion of the transaction, the insider now owns 55,726 shares of the company’s stock, valued at approximately $1,538,037.60. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders own 32.68% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Principal Securities Inc. purchased a new stake in Schneider National during the 4th quarter valued at approximately $48,000. Innealta Capital LLC purchased a new position in Schneider National during the second quarter valued at $53,000. Hilltop National Bank increased 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 acquiring an additional 676 shares during the last quarter. Quest Partners LLC bought a new stake in Schneider National in the 4th quarter valued at $102,000. Finally, Covestor Ltd lifted its stake in Schneider National by 51.9% in the 1st quarter. Covestor Ltd now owns 7,661 shares of the company’s stock worth $173,000 after purchasing an additional 2,617 shares in the last quarter. 28.54% of the stock is owned by hedge funds and other institutional investors.

Schneider National Price Performance

Shares of NYSE:SNDR opened at $27.16 on Friday. The company has a market capitalization of $4.77 billion, a PE ratio of 30.86, a PEG ratio of 2.46 and a beta of 0.85. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.59 and a quick ratio of 1.46. Schneider National has a 1-year low of $20.50 and a 1-year high of $28.97. The business has a fifty day moving average price of $26.20 and a 200-day moving average price of $23.68.

Schneider National (NYSE:SNDR) last posted its earnings results on Thursday, August 1st. The company reported $0.21 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.03. Schneider National had a return on equity of 4.08% and a net margin of 2.18%. The business had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.35 billion. During the same quarter last year, the company earned $0.45 EPS. The company’s quarterly revenue was down 2.2% compared to the same quarter last year. As a group, equities analysts expect that Schneider National will post 0.85 EPS for the current fiscal year.

Schneider National Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 8th. Investors of record on Friday, September 13th will be issued a $0.095 dividend. This represents a $0.38 annualized dividend and a yield of 1.40%. The ex-dividend date of this dividend is Friday, September 13th. Schneider National’s dividend payout ratio is 43.18%.

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.