Schneider National (NYSE:SNDR) Stock Rating Upgraded by Wall Street Zen

Key Points

• Wall Street Zen upgraded Schneider National from “hold” to “buy.” Overall analyst sentiment remains “Hold,” with five Buy and eleven Hold ratings and an average price target of $32.92.
• In its latest quarter, Schneider reported revenue of $1.59 billion, up 9.2% year over year and slightly above estimates, while EPS of $0.29 missed the $0.30 consensus by one cent.
• SNDR opened at $27.81; its 52-week trading range is $20.51 to $39.27.

Schneider National (NYSE:SNDR - Get Free Report) was upgraded by equities research analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a research note issued to investors on Sunday, Wall Street Zen reports.

Several other research analysts have also recently issued reports on SNDR. National Bank Financial set a $38.00 target price on shares of Schneider National in a report on Friday, July 31st. Zacks Research downgraded shares of Schneider National from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, October 7th. Wells Fargo & Company cut their price target on shares of Schneider National from $35.00 to $31.00 and set an "equal weight" rating on the stock in a research note on Friday, October 30th. Citigroup reiterated a "cautious" rating on shares of Schneider National in a research note on Wednesday, October 7th. Finally, Benchmark restated a "buy" rating on shares of Schneider National in a research note on Thursday, July 16th. Five equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. According to MarketBeat, Schneider National currently has an average rating of "Hold" and an average price target of $32.92.

Schneider National Price Performance

SNDR stock opened at $27.81 on Friday. The business has a 50 day moving average price of $31.84 and a 200 day moving average price of $31.89. The stock has a market cap of $4.88 billion, a price-to-earnings ratio of 34.33, a PEG ratio of 0.60 and a beta of 1.21. Schneider National has a fifty-two week low of $20.51 and a fifty-two week high of $39.27. The company has a quick ratio of 1.94, a current ratio of 2.06 and a debt-to-equity ratio of 0.12.

Schneider National (NYSE:SNDR - Get Free Report) last announced its quarterly earnings results on Thursday, October 29th. The company reported $0.29 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.30 by ($0.01). The business had revenue of $1.59 billion during the quarter, compared to analyst estimates of $1.58 billion. Schneider National had a net margin of 2.38% and a return on equity of 4.82%. The business's revenue for the quarter was up 9.2% compared to the same quarter last year. During the same period last year, the company earned $0.12 earnings per share. Equities research analysts anticipate that Schneider National will post 1.05 earnings per share for the current fiscal year.

Institutional Trading of Schneider National

Large investors have recently bought and sold shares of the business. Allworth Financial LP boosted its stake in shares of Schneider National by 84.3% during the third quarter. Allworth Financial LP now owns 1,093 shares of the company's stock worth $35,000 after buying an additional 500 shares during the period. Russell Investments Group Ltd. grew its holdings in shares of Schneider National by 1.2% during the third quarter. Russell Investments Group Ltd. now owns 471,136 shares of the company's stock worth $15,006,000 after buying an additional 5,758 shares during the last quarter. Maryland State Retirement & Pension System increased its position in Schneider National by 39.4% in the 3rd quarter. Maryland State Retirement & Pension System now owns 13,893 shares of the company's stock valued at $442,000 after acquiring an additional 3,930 shares during the period. Ritholtz Wealth Management increased its position in Schneider National by 2.7% in the 3rd quarter. Ritholtz Wealth Management now owns 55,442 shares of the company's stock valued at $1,766,000 after acquiring an additional 1,445 shares during the period. Finally, Illinois Municipal Retirement Fund increased its position in Schneider National by 4.6% in the 3rd quarter. Illinois Municipal Retirement Fund now owns 26,357 shares of the company's stock valued at $839,000 after acquiring an additional 1,163 shares during the period. Institutional investors and hedge funds own 28.54% of the company's stock.

Schneider National Company Profile

Schneider National, Inc NYSE: SNDR is a transportation and logistics company headquartered in Green Bay, Wisconsin. Founded in 1935 by Al Schneider, the company began as a one-truck operation and has grown into a provider of freight transportation and supply chain services.

Schneider's services include truckload transportation, dedicated transportation, intermodal transportation, brokerage, and logistics management. Its offerings support a range of shipping needs, including long-haul freight, dedicated fleet operations, rail-connected transportation, port drayage, and supply chain planning.

The company primarily serves customers throughout the United States, Canada, and Mexico.

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