Schneider National (NYSE:SNDR) Rating Lowered to Neutral at UBS Group

Schneider National (NYSE:SNDR) was downgraded by equities researchers at UBS Group from a “buy” rating to a “neutral” rating in a research report issued to clients and investors on Friday, MarketBeat Ratings reports. They currently have a $26.00 target price on the stock, up from their prior target price of $25.00. UBS Group’s price objective would indicate a potential upside of 5.88% from the stock’s previous close.

Several other equities analysts have also issued reports on the company. Citigroup lifted their target price on Schneider National from $24.00 to $27.00 and gave the company a “neutral” rating in a research note on Wednesday, July 9th. The Goldman Sachs Group upgraded Schneider National from a “neutral” rating to a “buy” rating and lifted their target price for the company from $24.00 to $32.00 in a research note on Monday, June 2nd. Baird R W upgraded Schneider National to a “strong-buy” rating in a research note on Tuesday, July 1st. Robert W. Baird initiated coverage on Schneider National in a research note on Tuesday, July 1st. They issued an “outperform” rating and a $28.00 target price on the stock. Finally, Bank of America lifted their target price on Schneider National from $23.00 to $26.00 and gave the company a “neutral” rating in a research note on Friday, May 16th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $27.36.

Schneider National Stock Performance

SNDR stock opened at $24.56 on Friday. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.91 and a quick ratio of 1.77. The business has a 50-day moving average price of $25.04 and a 200 day moving average price of $24.12. The company has a market capitalization of $4.30 billion, a P/E ratio of 35.08, a PEG ratio of 0.78 and a beta of 1.11. Schneider National has a 1-year low of $20.59 and a 1-year high of $33.90.

Schneider National (NYSE:SNDR) last released its quarterly earnings data on Thursday, July 31st. The company reported $0.21 earnings per share for the quarter, meeting the consensus estimate of $0.21. The firm had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.41 billion. Schneider National had a return on equity of 4.39% and a net margin of 2.29%.The firm’s quarterly revenue was up 7.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.21 earnings per share. Schneider National has set its FY 2025 guidance at 0.750-0.950 EPS. As a group, equities research analysts forecast that Schneider National will post 1.12 EPS for the current fiscal year.

Insiders Place Their Bets

In other Schneider National news, EVP Thomas G. Jackson sold 36,596 shares of the business’s stock in a transaction that occurred on Thursday, August 7th. The shares were sold at an average price of $24.36, for a total transaction of $891,478.56. Following the sale, the executive vice president owned 72,870 shares of the company’s stock, valued at approximately $1,775,113.20. The trade was a 33.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 32.68% of the company’s stock.

Institutional Trading of Schneider National

Several large investors have recently bought and sold shares of the stock. Osaic Holdings Inc. grew its position in Schneider National by 17.6% during the 2nd quarter. Osaic Holdings Inc. now owns 18,977 shares of the company’s stock worth $458,000 after purchasing an additional 2,840 shares during the last quarter. Orion Porfolio Solutions LLC grew its position in Schneider National by 15.3% during the 2nd quarter. Orion Porfolio Solutions LLC now owns 69,417 shares of the company’s stock worth $1,676,000 after purchasing an additional 9,192 shares during the last quarter. Squarepoint Ops LLC grew its position in Schneider National by 83.6% during the 2nd quarter. Squarepoint Ops LLC now owns 288,162 shares of the company’s stock worth $6,959,000 after purchasing an additional 131,175 shares during the last quarter. Public Sector Pension Investment Board grew its position in Schneider National by 7.4% during the 2nd quarter. Public Sector Pension Investment Board now owns 160,033 shares of the company’s stock worth $3,865,000 after purchasing an additional 11,001 shares during the last quarter. Finally, CANADA LIFE ASSURANCE Co boosted its position in Schneider National by 8.4% in the second quarter. CANADA LIFE ASSURANCE Co now owns 57,509 shares of the company’s stock valued at $1,389,000 after buying an additional 4,458 shares during the last quarter. Hedge funds and other 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.