Schneider National (NYSE:SNDR) Raised to "Buy" at Erste Group Bank

Key Points

• Schneider National was upgraded from a "hold" to a "buy" rating by Erste Group Bank, reflecting positive analyst sentiment around the stock.
• Bank of America increased its price target for Schneider National from $23.00 to $26.00, while Goldman Sachs raised its target from $24.00 to $32.00 as part of its upgrade.
• The company reported Q2 earnings that met analyst expectations, with revenue growing 7.9% year-over-year, and it has set FY 2025 earnings guidance between 0.750-0.950 EPS.

Schneider National (NYSE:SNDR - Get Free Report) was upgraded by equities research analysts at Erste Group Bank from a "hold" rating to a "buy" rating in a research note issued to investors on Thursday, Marketbeat reports.

A number of other analysts have also recently commented on the stock. Baird R W raised shares of Schneider National to a "strong-buy" rating in a report on Tuesday, July 1st. The Goldman Sachs Group raised shares of Schneider National from a "neutral" rating to a "buy" rating and raised their target price for the company from $24.00 to $32.00 in a research note on Monday, June 2nd. UBS Group cut shares of Schneider National from a "buy" rating to a "neutral" rating and raised their target price for the company from $25.00 to $26.00 in a research note on Friday, September 5th. Robert W. Baird began coverage on shares of Schneider National in a research note on Tuesday, July 1st. They issued an "outperform" rating and a $28.00 price objective for the company. Finally, Bank of America boosted their price objective on shares of Schneider National from $23.00 to $26.00 and gave the company a "neutral" rating in a research report on Friday, May 16th. One equities research analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat, Schneider National presently has a consensus rating of "Hold" and a consensus target price of $27.36.

Schneider National Stock Performance

Shares of NYSE:SNDR traded down $0.10 during midday trading on Thursday, reaching $23.82. The company had a trading volume of 154,303 shares, compared to its average volume of 793,016. The company's 50 day moving average price is $24.90 and its 200 day moving average price is $24.00. The company has a current ratio of 1.91, a quick ratio of 1.77 and a debt-to-equity ratio of 0.17. The stock has a market cap of $4.17 billion, a P/E ratio of 34.05, a P/E/G ratio of 0.76 and a beta of 1.11. Schneider National has a 52-week low of $20.59 and a 52-week high of $33.90.

Schneider National (NYSE:SNDR - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The company reported $0.21 earnings per share for the quarter, hitting the consensus estimate of $0.21. Schneider National had a net margin of 2.29% and a return on equity of 4.39%. The company had revenue of $1.42 billion for the quarter, compared to analysts' expectations of $1.41 billion. During the same period in the prior year, the business earned $0.21 earnings per share. Schneider National's revenue for the quarter was up 7.9% compared to the same quarter last year. Schneider National has set its FY 2025 guidance at 0.750-0.950 EPS. As a group, sell-side analysts anticipate that Schneider National will post 1.12 EPS for the current fiscal year.

Insider Transactions at Schneider National

In other news, EVP Thomas G. Jackson sold 36,596 shares of the firm's stock in a transaction on Thursday, August 7th. The stock was sold at an average price of $24.36, for a total transaction of $891,478.56. Following the transaction, the executive vice president directly owned 72,870 shares of the company's stock, valued at approximately $1,775,113.20. This trade represents a 33.43% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 23.43% of the company's stock.

Institutional Investors Weigh In On Schneider National

A number of institutional investors have recently bought and sold shares of the business. WPG Advisers LLC acquired a new stake in shares of Schneider National during the 1st quarter valued at about $25,000. KBC Group NV acquired a new stake in shares of Schneider National during the 1st quarter valued at about $28,000. Quarry LP acquired a new stake in shares of Schneider National during the 1st quarter valued at about $32,000. Elevation Point Wealth Partners LLC bought a new position in shares of Schneider National in the 2nd quarter valued at approximately $37,000. Finally, Lazard Asset Management LLC bought a new position in shares of Schneider National in the 4th quarter valued at approximately $76,000. 28.54% of the stock is currently 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.