Schneider National, Inc. (NYSE:SNDR) Receives Consensus Rating of "Moderate Buy" from Brokerages

Shares of Schneider National, Inc. (NYSE:SNDR - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the fourteen brokerages that are covering the company, Marketbeat Ratings reports. Eight equities research analysts have rated the stock with a hold rating, five have given a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $27.29.

SNDR has been the subject of a number of recent analyst reports. Evercore ISI cut their target price on Schneider National from $23.00 to $22.00 and set an "in-line" rating for the company in a research report on Friday, May 2nd. Robert W. Baird initiated coverage on Schneider National in a research report on Tuesday, July 1st. They issued an "outperform" rating and a $28.00 target price on the stock. UBS Group decreased their target price on Schneider National from $32.00 to $25.00 and set a "buy" rating on the stock in a research report on Tuesday, April 22nd. Bank of America lifted their target price on Schneider National from $23.00 to $26.00 and gave the company a "neutral" rating in a research report on Friday, May 16th. Finally, Baird R W upgraded Schneider National to a "strong-buy" rating in a research report on Tuesday, July 1st.

Schneider National Stock Performance

SNDR stock traded up $0.89 during trading hours on Thursday, hitting $26.97. 1,085,647 shares of the stock were exchanged, compared to its average volume of 814,809. The company has a current ratio of 1.90, a quick ratio of 1.74 and a debt-to-equity ratio of 0.19. The firm has a market capitalization of $4.73 billion, a P/E ratio of 38.53, a P/E/G ratio of 0.77 and a beta of 1.10. The company has a 50-day simple moving average of $24.02 and a two-hundred day simple moving average of $25.38. 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 posted its quarterly earnings data on Thursday, May 1st. The company reported $0.16 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.14 by $0.02. Schneider National had a net margin of 2.32% and a return on equity of 4.37%. The firm had revenue of $1.40 billion during the quarter, compared to the consensus estimate of $1.43 billion. During the same quarter in the previous year, the firm posted $0.11 EPS. The business's revenue for the quarter was up 6.3% compared to the same quarter last year. On average, analysts forecast that Schneider National will post 1.12 earnings per share for the current fiscal year.

Schneider National Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, July 10th. Investors of record on Friday, June 13th will be paid a $0.095 dividend. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.41%. The ex-dividend date of this dividend is Friday, June 13th. Schneider National's dividend payout ratio is currently 54.29%.

Hedge Funds Weigh In On Schneider National

A number of hedge funds and other institutional investors have recently made changes to their positions in SNDR. WPG Advisers LLC acquired a new position in shares of Schneider National in the first quarter worth approximately $25,000. KBC Group NV acquired a new position in shares of Schneider National in the first quarter worth approximately $28,000. Quarry LP acquired a new position in shares of Schneider National in the first quarter worth approximately $32,000. Huntington National Bank lifted its stake in shares of Schneider National by 237.9% in the fourth quarter. Huntington National Bank now owns 1,416 shares of the company's stock worth $41,000 after acquiring an additional 997 shares during the period. Finally, Aster Capital Management DIFC Ltd acquired a new position in shares of Schneider National in the fourth quarter worth approximately $48,000. 28.54% of the stock is owned by institutional investors and hedge funds.

Schneider National Company Profile

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.