Evercore ISI Cuts Schneider National (NYSE:SNDR) Price Target to $22.00

Key Points

• Evercore ISI has reduced its price target for Schneider National from $24.00 to $22.00, maintaining an "in-line" rating, indicating a potential upside of 4.96% from the previous close.
• Schneider National's current consensus rating is "Hold" with an average price target of $27.14, influenced by multiple upgrades and downgrades from different analysts.
• The company's stock performance remains mixed as it traded at $20.96 recently, showing a 52-week range from $20.59 to $33.90, while also reporting a modest increase in revenue year-over-year.

Schneider National (NYSE:SNDR - Get Free Report) had its price objective lowered by investment analysts at Evercore ISI from $24.00 to $22.00 in a research note issued on Tuesday,Benzinga reports. The firm presently has an "in-line" rating on the stock. Evercore ISI's price target suggests a potential upside of 4.96% from the stock's previous close.

Several other research analysts also recently issued reports on the company. Robert W. Baird started coverage on Schneider National in a research report on Tuesday, July 1st. They set an "outperform" rating and a $28.00 price objective for the company. Baird R W upgraded Schneider National to a "strong-buy" rating in a research report on Tuesday, July 1st. Citigroup lifted their price objective on Schneider National from $24.00 to $27.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 9th. UBS Group downgraded Schneider National from a "buy" rating to a "neutral" rating and lifted their price objective for the stock from $25.00 to $26.00 in a research report on Friday, September 5th. Finally, Erste Group Bank upgraded Schneider National from a "hold" rating to a "buy" rating in a research report on Thursday, September 11th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat, Schneider National has a consensus rating of "Hold" and an average target price of $27.14.

Schneider National Stock Performance

Shares of SNDR stock traded down $0.13 during mid-day trading on Tuesday, hitting $20.96. The stock had a trading volume of 454,187 shares, compared to its average volume of 816,383. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.91 and a quick ratio of 1.77. Schneider National has a fifty-two week low of $20.59 and a fifty-two week high of $33.90. The firm has a market cap of $3.67 billion, a PE ratio of 29.96, a PEG ratio of 0.68 and a beta of 1.11. The company's 50-day simple moving average is $24.19 and its 200-day simple moving average is $23.81.

Schneider National (NYSE:SNDR - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The company reported $0.21 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.21. The firm had revenue of $1.42 billion during the quarter, compared to analysts' expectations of $1.41 billion. Schneider National had a return on equity of 4.39% and a net margin of 2.29%.Schneider National's revenue was up 7.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.21 earnings per share. Schneider National has set its FY 2025 guidance at 0.750-0.950 EPS. Sell-side analysts anticipate 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 business's stock in a transaction 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 completion of the sale, the executive vice president directly owned 72,870 shares of the company's stock, valued at $1,775,113.20. The trade was a 33.43% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 23.43% of the stock is owned by corporate insiders.

Institutional Trading of Schneider National

Institutional investors have recently made changes to their positions in the stock. WPG Advisers LLC purchased a new stake in shares of Schneider National during the 1st quarter valued at $25,000. KBC Group NV purchased a new stake in Schneider National during the 1st quarter worth $28,000. Quarry LP purchased a new stake in Schneider National during the 1st quarter worth $32,000. Elevation Point Wealth Partners LLC purchased a new stake in Schneider National during the 2nd quarter worth $37,000. Finally, Hantz Financial Services Inc. boosted its position in Schneider National by 2,943.5% during the 2nd quarter. Hantz Financial Services Inc. now owns 3,500 shares of the company's stock worth $85,000 after purchasing an additional 3,385 shares during the period. 28.54% of the stock is owned by hedge funds and other 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.

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