Schneider National (NYSE:SNDR) Stock Price Expected to Rise, JPMorgan Chase & Co. Analyst Says

Key Points

• JPMorgan Chase & Co. raised the target price for Schneider National stock from $27.00 to $28.00, indicating a potential upside of 20.87%.
• Schneider National's stock recently rose 7.2% to reach $23.17, with a market cap of $4.06 billion and a P/E ratio of 33.09.
• As of now, Schneider National has a consensus rating of Moderate Buy from analysts, with one Strong Buy, six Buy ratings, and nine Hold ratings.

Schneider National (NYSE:SNDR - Get Free Report) had its target price upped by equities researchers at JPMorgan Chase & Co. from $27.00 to $28.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The firm currently has a "neutral" rating on the stock. JPMorgan Chase & Co.'s target price indicates a potential upside of 20.87% from the company's current price.

A number of other brokerages also recently issued reports on SNDR. Citigroup increased their price objective on Schneider National from $24.00 to $27.00 and gave the stock a "neutral" rating in a research report on Wednesday, July 9th. Weiss Ratings reissued a "hold (c)" rating on shares of Schneider National in a research note on Wednesday. UBS Group cut Schneider National from a "buy" rating to a "neutral" rating and raised their target price for the stock from $25.00 to $26.00 in a research note on Friday, September 5th. Erste Group Bank raised Schneider National from a "hold" rating to a "buy" rating in a research report on Thursday, September 11th. Finally, Susquehanna lowered their target price on shares of Schneider National from $24.00 to $21.00 and set a "neutral" rating for the company in a report on Wednesday, September 24th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and nine have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $27.14.

Schneider National Stock Up 7.2%

SNDR stock traded up $1.56 during trading on Wednesday, reaching $23.17. 1,809,468 shares of the stock were exchanged, compared to its average volume of 840,091. The firm's 50 day moving average is $23.68 and its 200 day moving average is $23.73. Schneider National has a twelve month low of $20.59 and a twelve 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. The firm has a market cap of $4.06 billion, a P/E ratio of 33.09, a price-to-earnings-growth ratio of 0.70 and a beta of 1.06.

Schneider National (NYSE:SNDR - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.21 EPS for the quarter, hitting the consensus estimate of $0.21. The firm had revenue of $1.42 billion during 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%.The company's quarterly revenue was up 7.9% compared to the same quarter last year. During the same period in the prior year, the business posted $0.21 earnings per share. Schneider National has set its FY 2025 guidance at 0.750-0.950 EPS. As a group, research analysts forecast that Schneider National will post 1.12 EPS for the current year.

Insiders Place Their Bets

In other Schneider National news, EVP Thomas G. Jackson sold 36,596 shares of the stock in a transaction dated 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 transaction, the executive vice president owned 72,870 shares of the company's stock, valued at $1,775,113.20. This represents a 33.43% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 23.43% of the company's stock.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Schneider National by 9.0% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 17,843 shares of the company's stock valued at $408,000 after acquiring an additional 1,474 shares during the last quarter. New York State Teachers Retirement System lifted its holdings in shares of Schneider National by 33.6% in the 1st quarter. New York State Teachers Retirement System now owns 18,447 shares of the company's stock valued at $422,000 after acquiring an additional 4,637 shares during the last quarter. GAMMA Investing LLC lifted its stake in Schneider National by 1,128.3% in the first quarter. GAMMA Investing LLC now owns 16,041 shares of the company's stock worth $367,000 after purchasing an additional 14,735 shares during the last quarter. Invesco Ltd. lifted its stake in Schneider National by 1.5% in the first quarter. Invesco Ltd. now owns 580,860 shares of the company's stock worth $13,273,000 after purchasing an additional 8,677 shares during the last quarter. Finally, Mackenzie Financial Corp lifted its stake in Schneider National by 109.8% in the first quarter. Mackenzie Financial Corp now owns 32,878 shares of the company's stock worth $751,000 after purchasing an additional 17,208 shares during the last quarter. Institutional investors 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.