Schneider National (NYSE:SNDR) Price Target Cut to $25.00 by Analysts at Citigroup

Key Points

• Analysts at Citigroup have reduced their price target for Schneider National from $27.00 to $25.00, maintaining a "neutral" rating on the stock, indicating a potential upside of 12.79% from the current price.
• Despite mixed ratings from various research firms, Schneider National currently has a consensus rating of "Moderate Buy" with a price target of $27.00.
• Schneider National reported $1.42 billion in revenue for the last quarter, exceeding expectations, with earnings per share (EPS) of $0.21, matching analyst estimates.

Schneider National (NYSE:SNDR - Get Free Report) had its price target decreased by analysts at Citigroup from $27.00 to $25.00 in a note issued to investors on Monday,Benzinga reports. The brokerage presently has a "neutral" rating on the stock. Citigroup's target price points to a potential upside of 12.79% from the company's current price.

SNDR has been the subject of a number of other research reports. Weiss Ratings reiterated a "hold (c)" rating on shares of Schneider National in a research note on Wednesday, October 8th. Susquehanna cut their target price on shares of Schneider National from $24.00 to $21.00 and set a "neutral" rating for the company in a research note on Wednesday, September 24th. JPMorgan Chase & Co. lifted their target price on shares of Schneider National from $27.00 to $28.00 and gave the company a "neutral" rating in a research note on Wednesday, October 8th. Baird R W upgraded shares of Schneider National to a "strong-buy" rating in a research report on Tuesday, July 1st. Finally, Evercore ISI dropped their price objective on shares of Schneider National from $24.00 to $22.00 and set an "in-line" rating for the company in a research report on Tuesday, September 30th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, Schneider National currently has a consensus rating of "Moderate Buy" and a consensus price target of $27.00.

Schneider National Price Performance

Shares of NYSE:SNDR traded down $0.04 during trading on Monday, reaching $22.17. The stock had a trading volume of 196,355 shares, compared to its average volume of 850,941. Schneider National has a 52 week low of $20.59 and a 52 week high of $33.90. The business's 50-day moving average price is $23.58 and its 200 day moving average price is $23.72. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.91 and a quick ratio of 1.77. The stock has a market capitalization of $3.88 billion, a PE ratio of 31.74, a P/E/G ratio of 0.71 and a beta of 1.06.

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

Insider Buying and Selling

In other Schneider National news, EVP Thomas G. Jackson sold 36,596 shares of Schneider National 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 owned 72,870 shares of the company's stock, valued at approximately $1,775,113.20. The trade was a 33.43% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 32.68% of the company's stock.

Hedge Funds Weigh In On Schneider National

Several institutional investors and hedge funds have recently made changes to their positions in the company. Voya Investment Management LLC grew its holdings in shares of Schneider National by 19.2% in the 3rd quarter. Voya Investment Management LLC now owns 102,808 shares of the company's stock valued at $2,175,000 after buying an additional 16,574 shares during the period. Corient Private Wealth LLC grew its holdings in shares of Schneider National by 2.5% in the 2nd quarter. Corient Private Wealth LLC now owns 41,474 shares of the company's stock valued at $1,002,000 after buying an additional 1,022 shares during the period. Texas Permanent School Fund Corp grew its holdings in shares of Schneider National by 21.2% in the 2nd quarter. Texas Permanent School Fund Corp now owns 50,173 shares of the company's stock valued at $1,212,000 after buying an additional 8,776 shares during the period. Osaic Holdings Inc. grew its holdings in shares of Schneider National by 17.6% in the 2nd quarter. Osaic Holdings Inc. now owns 18,977 shares of the company's stock valued at $458,000 after buying an additional 2,840 shares during the period. Finally, Orion Porfolio Solutions LLC grew its holdings in shares of Schneider National by 15.3% in the 2nd quarter. Orion Porfolio Solutions LLC now owns 69,417 shares of the company's stock valued at $1,676,000 after buying an additional 9,192 shares during the period. Institutional investors and hedge funds own 28.54% of the company's stock.

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.

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