Schneider National (NYSE:SNDR) Cut to Neutral at UBS Group

Key Points

• Analysts at UBS Group downgraded Schneider National's rating from "buy" to "neutral" with a target price of $26.00, indicating a potential upside of 4.82% from its current price.
• Schneider National reported a 7.9% increase in revenue year-over-year for the last quarter, meeting consensus EPS estimates and confirming strong financial performance.
• Recent insider trading showed EVP Thomas G. Jackson sold a significant amount of shares, reducing his ownership by 33.43%, which may indicate changes in management confidence or strategy.

UBS Group cut shares of Schneider National (NYSE:SNDR - Free Report) from a buy rating to a neutral rating in a research report released on Friday morning, Marketbeat Ratings reports. UBS Group currently has $26.00 price target on the stock, up from their previous price target of $25.00.

A number of other analysts also recently commented on SNDR. Baird R W raised Schneider National to a "strong-buy" rating in a research note on Tuesday, July 1st. Robert W. Baird assumed coverage on shares of Schneider National in a research note on Tuesday, July 1st. They set an "outperform" rating and a $28.00 target price on the stock. Bank of America increased their price objective on Schneider National from $23.00 to $26.00 and gave the stock a "neutral" rating in a report on Friday, May 16th. Citigroup lifted their price objective on shares of Schneider National from $24.00 to $27.00 and gave the company a "neutral" rating in a research note on Wednesday, July 9th. Finally, The Goldman Sachs Group upgraded shares of Schneider National from a "neutral" rating to a "buy" rating and raised their target price for the company from $24.00 to $32.00 in a research note on Monday, June 2nd. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $27.36.

Schneider National Stock Down 2.0%

NYSE SNDR traded down $0.48 during trading hours on Friday, reaching $23.78. 225,126 shares of the company traded hands, compared to its average volume of 796,929. The company has a 50 day moving average of $25.03 and a two-hundred day moving average of $24.08. The stock has a market capitalization of $4.17 billion, a PE ratio of 34.00, a PEG ratio of 0.78 and a beta of 1.11. Schneider National has a 12 month low of $20.59 and a 12 month high of $33.90. The company has a current ratio of 1.91, a quick ratio of 1.77 and a debt-to-equity ratio of 0.17.

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

Schneider National Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 9th. Stockholders of record on Friday, September 12th will be given a dividend of $0.095 per share. The ex-dividend date is Friday, September 12th. This represents a $0.38 dividend on an annualized basis and a dividend yield of 1.6%. Schneider National's payout ratio is presently 54.29%.

Insiders Place Their Bets

In other news, EVP Thomas G. Jackson sold 36,596 shares of the business's stock in a transaction dated Thursday, August 7th. The stock was sold at an average price of $24.36, for a total transaction of $891,478.56. Following the completion of the transaction, the executive vice president directly owned 72,870 shares in the company, valued at approximately $1,775,113.20. The trade was a 33.43% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 23.43% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Schneider National

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. WPG Advisers LLC acquired a new position in Schneider National in the 1st quarter valued at about $25,000. KBC Group NV acquired a new position in shares of Schneider National in the first quarter valued at approximately $28,000. Quarry LP acquired a new position in shares of Schneider National in the first quarter valued at approximately $32,000. Elevation Point Wealth Partners LLC bought a new position in shares of Schneider National during the second quarter worth approximately $37,000. Finally, Lazard Asset Management LLC acquired a new stake in Schneider National during the 4th quarter worth approximately $76,000. Institutional investors own 28.54% of the company's stock.

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.