JPMorgan Chase & Co. Lowers Schneider National (NYSE:SNDR) Price Target to $27.00

Schneider National (NYSE:SNDR) had its price objective reduced by analysts at JPMorgan Chase & Co. from $28.00 to $27.00 in a research note issued to investors on Friday,Benzinga reports. The brokerage presently has a “neutral” rating on the stock. JPMorgan Chase & Co.‘s target price would indicate a potential upside of 25.90% from the stock’s current price.

Other research analysts have also recently issued reports about the company. TD Cowen lowered their target price on Schneider National from $25.00 to $23.00 and set a “buy” rating for the company in a research note on Friday. National Bankshares set a $21.00 target price on Schneider National in a research note on Friday. Evercore ISI lowered their target price on Schneider National from $22.00 to $21.00 and set an “in-line” rating for the company in a research note on Friday. Susquehanna lowered their target price on Schneider National from $24.00 to $21.00 and set a “neutral” rating for the company in a research note on Wednesday, September 24th. Finally, Erste Group Bank raised Schneider National from a “hold” rating to a “buy” rating in a research note on Thursday, September 11th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Schneider National currently has a consensus rating of “Hold” and a consensus price target of $25.79.

Schneider National Trading Up 5.9%

Shares of NYSE SNDR opened at $21.45 on Friday. Schneider National has a twelve month low of $20.11 and a twelve month high of $33.90. The company has a current ratio of 2.11, a quick ratio of 1.77 and a debt-to-equity ratio of 0.17. The stock has a fifty day simple moving average of $23.04 and a 200-day simple moving average of $23.76. The stock has a market capitalization of $3.76 billion, a PE ratio of 33.51, a PEG ratio of 0.69 and a beta of 1.06.

Schneider National (NYSE:SNDR) last issued its quarterly earnings data on Thursday, October 30th. The company reported $0.12 earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.09). Schneider National had a net margin of 2.03% and a return on equity of 4.04%. The firm had revenue of $1.45 billion during the quarter, compared to analyst estimates of $1.44 billion. During the same period in the previous year, the firm posted $0.18 earnings per share. The company’s quarterly revenue was up 10.4% compared to the same quarter last year. Schneider National has set its FY 2025 guidance at 0.700-0.950 EPS. On average, equities analysts forecast that Schneider National will post 1.12 earnings per share for the current year.

Insider Activity

In other news, EVP Thomas G. Jackson sold 36,596 shares of the company’s stock in a transaction dated Thursday, August 7th. The stock was sold at an average price of $24.36, for a total transaction of $891,478.56. Following the completion of the transaction, the executive vice president directly owned 72,870 shares of the company’s stock, valued at approximately $1,775,113.20. This represents a 33.43% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 32.68% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the business. PNC Financial Services Group Inc. boosted its position in shares of Schneider National by 8.6% during the 1st quarter. PNC Financial Services Group Inc. now owns 5,646 shares of the company’s stock worth $129,000 after acquiring an additional 448 shares in the last quarter. Amalgamated Bank grew its stake in Schneider National by 3.2% during the 3rd quarter. Amalgamated Bank now owns 14,768 shares of the company’s stock worth $312,000 after buying an additional 462 shares during the last quarter. Venturi Wealth Management LLC increased its position in Schneider National by 8.8% during the second quarter. Venturi Wealth Management LLC now owns 9,598 shares of the company’s stock worth $232,000 after buying an additional 775 shares during the period. Teza Capital Management LLC lifted its stake in Schneider National by 6.2% in the second quarter. Teza Capital Management LLC now owns 13,719 shares of the company’s stock valued at $331,000 after buying an additional 802 shares during the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS boosted its holdings in shares of Schneider National by 7.3% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 12,068 shares of the company’s stock valued at $291,000 after acquiring an additional 821 shares during the period. 28.54% of the stock is owned by institutional investors and hedge funds.

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.