Schneider National (SNDR) Expected to Announce Earnings on Thursday

Schneider National (NYSE:SNDR) is anticipated to announce its earnings results before the market opens on Thursday, January 30th. Analysts expect the company to announce earnings of $0.20 per share and revenue of $1,364,302.12 billion for the quarter. Schneider National has set its FY24 guidance at $0.66-0.72 EPS and its FY 2024 guidance at 0.660-0.720 EPS.Investors that are interested in participating in the company’s conference call can do so using this link.

Schneider National (NYSE:SNDR) last released its quarterly earnings results on Wednesday, November 6th. The company reported $0.18 earnings per share for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.05). The company had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.33 billion. Schneider National had a return on equity of 3.92% and a net margin of 2.10%. On average, analysts expect Schneider National to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Schneider National Trading Up 1.4 %

SNDR opened at $29.80 on Tuesday. The firm’s 50 day moving average is $30.45 and its 200-day moving average is $28.57. Schneider National has a 52-week low of $20.50 and a 52-week high of $33.90. The company has a quick ratio of 1.53, a current ratio of 1.66 and a debt-to-equity ratio of 0.04. The firm has a market capitalization of $5.22 billion, a P/E ratio of 48.06, a P/E/G ratio of 1.90 and a beta of 0.93.

Insider Buying and Selling

In related news, COO Mark B. Rourke sold 32,057 shares of the company’s stock in a transaction on Wednesday, November 27th. The stock was sold at an average price of $33.10, for a total transaction of $1,061,086.70. Following the completion of the transaction, the chief operating officer now directly owns 266,887 shares in the company, valued at $8,833,959.70. This represents a 10.72 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Robert M. Reich, Jr. sold 6,250 shares of the firm’s stock in a transaction on Wednesday, December 4th. The shares were sold at an average price of $31.69, for a total value of $198,062.50. Following the completion of the sale, the chief accounting officer now owns 155,366 shares in the company, valued at $4,923,548.54. The trade was a 3.87 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 66,555 shares of company stock worth $2,153,011 over the last quarter. 32.68% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several research firms recently issued reports on SNDR. 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. Citigroup lowered Schneider National from a “neutral” rating to a “sell” rating and dropped their target price for the stock from $32.00 to $30.00 in a research report on Tuesday, November 12th. Susquehanna reduced their price target on Schneider National from $29.00 to $26.00 and set a “neutral” rating for the company in a report on Thursday, November 7th. Bank of America lifted their price objective on Schneider National from $35.00 to $38.00 and gave the stock a “buy” rating in a report on Tuesday, November 26th. Finally, JPMorgan Chase & Co. cut 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. One equities research analyst has rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $29.38.

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.