Susquehanna Forecasts Strong Price Appreciation for Schneider National (NYSE:SNDR) Stock

Schneider National (NYSE:SNDR) had its price objective raised by Susquehanna from $31.00 to $32.00 in a research report report published on Friday,Benzinga reports. The firm currently has a neutral rating on the stock.

Several other brokerages have also weighed in on SNDR. Benchmark increased their price objective on shares of Schneider National from $32.00 to $34.00 and gave the company a “buy” rating in a research report on Wednesday, November 27th. Evercore ISI lowered their price target on shares of Schneider National from $27.00 to $26.00 and set an “in-line” rating on the stock in a research report on Thursday, November 7th. Stifel Nicolaus increased their price objective on shares of Schneider National from $28.00 to $31.00 and gave the stock a “hold” rating in a research note on Thursday, January 23rd. Citigroup downgraded shares of Schneider National from a “neutral” rating to a “sell” rating and reduced their price objective for the stock from $32.00 to $30.00 in a research note on Tuesday, November 12th. Finally, TD Cowen raised their price target on shares of Schneider National from $32.00 to $34.00 and gave the company a “buy” rating in a research note on Tuesday, November 26th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat.com, Schneider National presently has a consensus rating of “Hold” and a consensus target price of $30.69.

Schneider National Stock Performance

NYSE SNDR opened at $29.76 on Friday. The company has a current ratio of 1.66, a quick ratio of 1.53 and a debt-to-equity ratio of 0.04. The firm’s fifty day moving average price is $30.34 and its two-hundred day moving average price is $28.71. Schneider National has a 1 year low of $20.50 and a 1 year high of $33.90. The firm has a market capitalization of $5.21 billion, a P/E ratio of 48.00, a price-to-earnings-growth ratio of 1.90 and a beta of 0.93.

Schneider National (NYSE:SNDR) last posted its quarterly earnings results on Thursday, January 30th. The company reported $0.20 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.20. Schneider National had a net margin of 2.10% and a return on equity of 3.92%. During the same quarter last year, the company earned $0.16 EPS. As a group, research analysts anticipate that Schneider National will post 0.7 EPS for the current year.

Schneider National Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, March 14th. Investors of record on Wednesday, April 9th will be given a dividend of $0.095 per share. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.28%. Schneider National’s payout ratio is presently 58.46%.

Insider Activity at Schneider National

In other news, EVP Thomas G. Jackson sold 18,248 shares of the company’s stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $33.07, for a total value of $603,461.36. Following the completion of the sale, the executive vice president now owns 66,526 shares in the company, valued at $2,200,014.82. This represents a 21.53 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, 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 sale, the chief operating officer now owns 266,887 shares of the company’s stock, valued at approximately $8,833,959.70. The trade was a 10.72 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 66,555 shares of company stock worth $2,153,011 in the last quarter. Company insiders own 32.68% of the company’s stock.

Hedge Funds Weigh In On Schneider National

Several institutional investors have recently added to or reduced their stakes in the stock. GAMMA Investing LLC lifted its holdings 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 during the last quarter. Blue Trust Inc. raised its stake in Schneider National by 489.1% in the fourth quarter. Blue Trust Inc. now owns 1,626 shares of the company’s stock valued at $46,000 after purchasing an additional 1,350 shares in the last quarter. Future Financial Wealth Managment LLC bought a new position in Schneider National during the fourth quarter valued at approximately $59,000. DekaBank Deutsche Girozentrale bought a new position in Schneider National during the third quarter valued at approximately $73,000. Finally, Quarry LP bought a new position in Schneider National during the third quarter valued at approximately $90,000. Institutional investors own 28.54% of the company’s stock.

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.