Schneider National (NYSE:SNDR) PT Lowered to $25.00 at TD Cowen

Schneider National (NYSE:SNDR - Get Free Report) had its target price lowered by TD Cowen from $26.00 to $25.00 in a note issued to investors on Friday, MarketBeat Ratings reports. The firm presently has a "buy" rating on the stock. TD Cowen's price target would indicate a potential upside of 13.53% from the company's current price.

Other analysts have also recently issued research reports about the company. Bank of America dropped their price objective on Schneider National from $25.00 to $23.00 and set a "neutral" rating on the stock in a report on Monday, April 15th. Stephens reissued an "equal weight" rating and set a $28.00 price objective on shares of Schneider National in a research note on Monday, February 5th. Stifel Nicolaus dropped their price target on Schneider National from $27.00 to $25.00 and set a "buy" rating for the company in a research report on Thursday, April 18th. Robert W. Baird lowered their target price on shares of Schneider National from $29.00 to $27.00 and set an "outperform" rating on the stock in a research note on Thursday, April 4th. Finally, Benchmark reissued a "buy" rating and issued a $27.00 price target on shares of Schneider National in a report on Friday, April 12th. Seven investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus price target of $28.00.

Schneider National Stock Up 2.3 %

Shares of Schneider National stock traded up $0.50 during trading hours on Friday, reaching $22.02. The company's stock had a trading volume of 1,423,879 shares, compared to its average volume of 845,521. Schneider National has a one year low of $20.50 and a one year high of $31.74. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.64 and a current ratio of 1.83. The stock's fifty day simple moving average is $22.20 and its two-hundred day simple moving average is $23.57. The company has a market capitalization of $3.88 billion, a P/E ratio of 16.51, a P/E/G ratio of 1.41 and a beta of 0.91.

Schneider National (NYSE:SNDR - Get Free Report) last announced its quarterly earnings data on Thursday, May 2nd. The company reported $0.11 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.13 by ($0.02). The business had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.36 billion. Schneider National had a net margin of 4.34% and a return on equity of 8.23%. The firm's revenue for the quarter was down 7.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.55 EPS. On average, research analysts forecast that Schneider National will post 1.09 earnings per share for the current year.

Institutional Investors Weigh In On Schneider National

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Winch Advisory Services LLC raised its stake in Schneider National by 61.6% during the 3rd quarter. Winch Advisory Services LLC now owns 1,320 shares of the company's stock worth $37,000 after acquiring an additional 503 shares during the period. Truist Financial Corp grew its position in shares of Schneider National by 0.5% during the fourth quarter. Truist Financial Corp now owns 112,991 shares of the company's stock worth $2,876,000 after purchasing an additional 568 shares in the last quarter. Alaska Permanent Fund Corp lifted its holdings in Schneider National by 0.5% in the 4th quarter. Alaska Permanent Fund Corp now owns 117,814 shares of the company's stock worth $2,998,000 after purchasing an additional 619 shares in the last quarter. Quent Capital LLC grew its holdings in Schneider National by 64.0% during the 4th quarter. Quent Capital LLC now owns 1,815 shares of the company's stock valued at $46,000 after buying an additional 708 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC raised its position in shares of Schneider National by 1.2% during the third quarter. O Shaughnessy Asset Management LLC now owns 59,139 shares of the company's stock valued at $1,638,000 after buying an additional 713 shares during the last quarter. 28.54% of the stock is currently 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.