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

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 investment analysts at Erste Group Bank from a "hold" rating to a "buy" rating in a report issued on Thursday,Finviz reports.

SNDR has been the subject of several other research reports. Bank of America upped their price target on Schneider National from $23.00 to $26.00 and gave the stock a "neutral" rating in a report on Friday, May 16th. Robert W. Baird started 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. Citigroup upped their price objective on Schneider National from $24.00 to $27.00 and gave the company a "neutral" rating in a research note on Wednesday, July 9th. UBS Group lowered shares of Schneider National from a "buy" rating to a "neutral" rating and raised their price target for the stock from $25.00 to $26.00 in a research note on Friday, September 5th. Finally, The Goldman Sachs Group raised Schneider National from a "neutral" rating to a "buy" rating and raised their target price for the stock from $24.00 to $32.00 in a research report on Monday, June 2nd. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and nine have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $27.36.

Schneider National Trading Down 1.7%

NYSE:SNDR opened at $23.86 on Thursday. 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 firm has a fifty day simple moving average of $24.99 and a two-hundred day simple moving average of $24.08. The stock has a market capitalization of $4.18 billion, a price-to-earnings ratio of 34.08, a PEG ratio of 0.77 and a beta of 1.11. Schneider National has a 12 month low of $20.59 and a 12 month high of $33.90.

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

Insider Activity at Schneider National

In other Schneider National news, EVP Thomas G. Jackson sold 36,596 shares of the company's stock in a transaction dated Thursday, August 7th. The shares were sold at an average price of $24.36, for a total transaction of $891,478.56. Following the completion of the sale, the executive vice president directly owned 72,870 shares in the company, valued at $1,775,113.20. This represents a 33.43% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Corporate insiders own 32.68% of the company's stock.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. WPG Advisers LLC bought a new stake in Schneider National during the 1st quarter valued at approximately $25,000. KBC Group NV purchased a new stake in shares of Schneider National in the 1st quarter worth about $28,000. Quarry LP purchased a new position in Schneider National during the 1st quarter valued at about $32,000. Elevation Point Wealth Partners LLC bought a new stake in Schneider National during the second quarter worth about $37,000. Finally, Lazard Asset Management LLC purchased a new stake in Schneider National in the fourth quarter worth about $76,000. 28.54% of the stock is currently owned by institutional investors.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.