Schneider National (NYSE:SNDR) Given New $25.00 Price Target at Stifel Nicolaus

Schneider National (NYSE:SNDR) had its target price lowered by analysts at Stifel Nicolaus from $27.00 to $25.00 in a report released on Thursday, Benzinga reports. The firm presently has a “buy” rating on the stock. Stifel Nicolaus’ price objective would indicate a potential upside of 17.54% from the company’s previous close.

Other equities research analysts have also issued research reports about the stock. Evercore ISI lowered shares of Schneider National from an “outperform” rating to an “inline” rating and set a $25.00 price objective for the company. in a research note on Thursday, January 4th. TD Cowen reduced their price objective on shares of Schneider National from $28.00 to $26.00 and set an “outperform” rating for the company in a research note on Friday, February 2nd. Bank of America reduced their price objective 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. Benchmark reaffirmed a “buy” rating and issued a $27.00 price objective on shares of Schneider National in a research note on Friday, April 12th. Finally, Stephens reissued an “equal weight” rating and set a $28.00 target price on shares of Schneider National in a research report on Monday, February 5th. Seven analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, Schneider National has a consensus rating of “Hold” and an average price target of $28.07.

Schneider National Trading Up 2.7 %

Schneider National stock opened at $21.27 on Thursday. The company’s fifty day simple moving average is $22.71 and its 200-day simple moving average is $23.94. The company has a quick ratio of 1.64, a current ratio of 1.83 and a debt-to-equity ratio of 0.07. Schneider National has a 12 month low of $20.50 and a 12 month high of $31.74. The stock has a market cap of $3.74 billion, a P/E ratio of 15.99, a P/E/G ratio of 1.33 and a beta of 0.89.

Schneider National (NYSE:SNDR) last posted its quarterly earnings results on Thursday, February 1st. The company reported $0.16 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.05). Schneider National had a net margin of 4.34% and a return on equity of 8.23%. The company had revenue of $1.37 billion for the quarter, compared to analysts’ expectations of $1.35 billion. During the same quarter in the prior year, the firm earned $0.64 earnings per share. The company’s revenue was down 12.2% on a year-over-year basis. As a group, sell-side analysts forecast that Schneider National will post 1.13 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Wasatch Advisors Inc. bought a new stake in Schneider National in the first quarter valued at about $25,894,000. Earnest Partners LLC increased its stake in Schneider National by 429,550.9% in the first quarter. Earnest Partners LLC now owns 691,738 shares of the company’s stock valued at $17,639,000 after acquiring an additional 691,577 shares during the period. Envestnet Asset Management Inc. increased its stake in Schneider National by 268.6% in the first quarter. Envestnet Asset Management Inc. now owns 946,658 shares of the company’s stock valued at $7,132,000 after acquiring an additional 689,803 shares during the period. Norges Bank bought a new stake in Schneider National in the fourth quarter valued at about $14,200,000. Finally, Copeland Capital Management LLC bought a new stake in Schneider National in the fourth quarter valued at about $12,547,000. Institutional investors and hedge funds 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.