Schneider National, Inc. (NYSE:SNDR) Given Average Rating of "Moderate Buy" by Analysts

Key Points

• Schneider National has an average analyst rating of "Moderate Buy" from 16 brokerages (9 holds, 6 buys, 1 strong buy), with an average 1‑year price target of $28.43.
• The company missed Q results (EPS $0.13 vs. $0.21 expected; revenue $1.25B vs. $1.45B expected) but announced a $150 million share buyback (~2.9% of shares) and raised its quarterly dividend to $0.10 ($0.40 annualized, 1.4% yield).
• CFO Darrell George Campbell sold 6,000 shares at an average price of $28.89; insiders own 23.64% of the stock while institutional investors hold 28.54%.

Schneider National, Inc. (NYSE:SNDR - Get Free Report) has earned an average rating of "Moderate Buy" from the sixteen brokerages that are currently covering the company, MarketBeat reports. Nine equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $28.4286.

A number of equities research analysts recently weighed in on the stock. TD Cowen lowered their target price on shares of Schneider National from $31.00 to $30.00 and set a "buy" rating on the stock in a research note on Friday, January 30th. JPMorgan Chase & Co. cut their price target on shares of Schneider National from $28.00 to $26.00 and set a "neutral" rating for the company in a research note on Friday, January 30th. Stifel Nicolaus lowered shares of Schneider National from a "buy" rating to a "hold" rating and decreased their price target for the stock from $32.00 to $26.00 in a report on Tuesday, February 3rd. Zacks Research upgraded shares of Schneider National from a "strong sell" rating to a "hold" rating in a research report on Monday, April 6th. Finally, Bank of America raised shares of Schneider National from a "neutral" rating to a "buy" rating and set a $32.00 price objective for the company in a report on Friday, January 9th.

Insider Activity

In other news, CFO Darrell George Campbell sold 6,000 shares of the stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $28.89, for a total transaction of $173,340.00. Following the transaction, the chief financial officer directly owned 66,275 shares in the company, valued at approximately $1,914,684.75. This represents a 8.30% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 23.64% of the company's stock.

Institutional Trading of Schneider National

Hedge funds and other institutional investors have recently bought and sold shares of the company. Allianz Asset Management GmbH lifted its holdings in shares of Schneider National by 29.9% in the 3rd quarter. Allianz Asset Management GmbH now owns 156,712 shares of the company's stock worth $3,316,000 after acquiring an additional 36,117 shares during the last quarter. Y Intercept Hong Kong Ltd bought a new position in shares of Schneider National during the 3rd quarter valued at $1,165,000. Dynamic Technology Lab Private Ltd purchased a new position in Schneider National in the 3rd quarter worth $1,815,000. Public Sector Pension Investment Board raised its position in Schneider National by 21.4% in the 3rd quarter. Public Sector Pension Investment Board now owns 194,247 shares of the company's stock worth $4,110,000 after purchasing an additional 34,214 shares during the period. Finally, MQS Management LLC bought a new stake in Schneider National in the third quarter worth $749,000. Hedge funds and other institutional investors own 28.54% of the company's stock.

Schneider National Price Performance

Shares of NYSE SNDR opened at $28.29 on Friday. The firm has a market capitalization of $4.96 billion, a P/E ratio of 47.95, a P/E/G ratio of 0.83 and a beta of 1.05. The company has a quick ratio of 1.95, a current ratio of 2.13 and a debt-to-equity ratio of 0.13. The stock's 50-day simple moving average is $27.13 and its two-hundred day simple moving average is $25.57. Schneider National has a twelve month low of $20.11 and a twelve month high of $30.98.

Schneider National (NYSE:SNDR - Get Free Report) last issued its quarterly earnings results on Thursday, January 29th. The company reported $0.13 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.21 by ($0.08). Schneider National had a net margin of 1.83% and a return on equity of 3.66%. The business had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.45 billion. During the same quarter last year, the business posted $0.20 EPS. The business's revenue was up 4.5% compared to the same quarter last year. As a group, equities analysts anticipate that Schneider National will post 1.12 EPS for the current fiscal year.

Schneider National announced that its Board of Directors has initiated a stock buyback program on Wednesday, January 28th that permits the company to buyback $150.00 million in shares. This buyback authorization permits the company to reacquire up to 2.9% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's leadership believes its stock is undervalued.

Schneider National Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, April 8th. Shareholders of record on Friday, March 13th were paid a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 1.4%. This is an increase from Schneider National's previous quarterly dividend of $0.10. The ex-dividend date of this dividend was Friday, March 13th. Schneider National's dividend payout ratio is presently 67.80%.

About Schneider National

Schneider National, Inc is a leading provider of transportation and logistics services in North America. The company offers a full spectrum of solutions, including truckload transportation, intermodal services and dedicated logistics. Through these offerings, Schneider supports the movement of goods ranging from dry van freight to refrigerated and flatbed shipments, while also providing customized supply chain management and warehousing capabilities.

Founded in 1935 by Al Schneider as a single-truck operation in Green Bay, Wisconsin, the company has grown into one of the industry's most recognized carriers.

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