Schneider National (NYSE:SNDR) Upgraded by The Goldman Sachs Group to "Buy" Rating

Schneider National (NYSE:SNDR - Get Free Report) was upgraded by equities researchers at The Goldman Sachs Group from a "neutral" rating to a "buy" rating in a research report issued to clients and investors on Monday, MarketBeat reports. The brokerage currently has a $32.00 price target on the stock, up from their prior price target of $24.00. The Goldman Sachs Group's target price points to a potential upside of 32.51% from the company's current price.

Several other research firms have also commented on SNDR. Stephens reaffirmed an "equal weight" rating and issued a $30.00 price target (down from $32.00) on shares of Schneider National in a report on Monday, February 3rd. Wells Fargo & Company cut their target price on shares of Schneider National from $32.00 to $25.00 and set an "equal weight" rating on the stock in a report on Thursday, March 27th. Citigroup raised Schneider National from a "sell" rating to a "neutral" rating and lowered their target price for the company from $25.00 to $23.00 in a report on Tuesday, April 8th. National Bankshares set a $25.00 price target on Schneider National in a report on Friday, March 28th. Finally, Benchmark reduced their price objective on Schneider National from $34.00 to $31.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Eight research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $27.14.

Schneider National Stock Up 1.0%

Shares of Schneider National stock traded up $0.23 during trading on Monday, reaching $24.15. The company had a trading volume of 286,146 shares, compared to its average volume of 820,281. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.53 and a current ratio of 1.66. Schneider National has a fifty-two week low of $20.59 and a fifty-two week high of $33.90. The firm's fifty day moving average is $22.85 and its 200-day moving average is $26.57. The company has a market cap of $4.23 billion, a price-to-earnings ratio of 37.15, a price-to-earnings-growth ratio of 0.54 and a beta of 1.11.

Schneider National (NYSE:SNDR - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The company reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.02. The business had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.43 billion. Schneider National had a return on equity of 4.12% and a net margin of 2.21%. The business's revenue was up 6.3% compared to the same quarter last year. During the same period in the prior year, the company posted $0.11 EPS. On average, analysts anticipate that Schneider National will post 1.12 EPS for the current year.

Institutional Investors Weigh In On Schneider National

Institutional investors and hedge funds have recently modified their holdings of the stock. PNC Financial Services Group Inc. raised its position in shares of Schneider National by 8.6% during the first quarter. PNC Financial Services Group Inc. now owns 5,646 shares of the company's stock worth $129,000 after purchasing an additional 448 shares during the period. Truist Financial Corp increased its stake in Schneider National by 0.6% in the 4th quarter. Truist Financial Corp now owns 88,613 shares of the company's stock worth $2,595,000 after purchasing an additional 528 shares in the last quarter. SRS Capital Advisors Inc. raised its holdings in Schneider National by 74.5% during the 4th quarter. SRS Capital Advisors Inc. now owns 1,434 shares of the company's stock worth $42,000 after buying an additional 612 shares during the period. Captrust Financial Advisors lifted its stake in Schneider National by 4.1% during the fourth quarter. Captrust Financial Advisors now owns 22,061 shares of the company's stock valued at $646,000 after buying an additional 867 shares in the last quarter. Finally, Avantax Advisory Services Inc. lifted its stake in Schneider National by 4.9% during the fourth quarter. Avantax Advisory Services Inc. now owns 19,606 shares of the company's stock valued at $574,000 after buying an additional 910 shares in the last quarter. 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.