Stifel Nicolaus Issues Pessimistic Forecast for Schneider National (NYSE:SNDR) Stock Price

Schneider National (NYSE:SNDR - Get Free Report) had its price objective lowered by research analysts at Stifel Nicolaus from $25.00 to $22.00 in a note issued to investors on Friday,Benzinga reports. The firm currently has a "hold" rating on the stock. Stifel Nicolaus' target price indicates a potential downside of 3.32% from the company's current price.

SNDR has been the subject of a number of other reports. Stephens reissued an "equal weight" rating and issued a $30.00 price target (down from $32.00) on shares of Schneider National in a research report on Monday, February 3rd. Citigroup upgraded shares of Schneider National from a "sell" rating to a "neutral" rating and cut their target price for the stock from $25.00 to $23.00 in a research report on Tuesday, April 8th. Benchmark lowered their price target on shares of Schneider National from $34.00 to $31.00 and set a "buy" rating on the stock in a report on Monday, April 14th. The Goldman Sachs Group cut their price objective on Schneider National from $28.00 to $23.00 and set a "neutral" rating for the company in a report on Thursday, April 10th. Finally, Wells Fargo & Company lowered their target price on Schneider National from $32.00 to $25.00 and set an "equal weight" rating on the stock in a research note on Thursday, March 27th. Ten research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. According to data from MarketBeat.com, Schneider National presently has an average rating of "Hold" and a consensus price target of $26.43.

Schneider National Trading Up 0.1 %

NYSE SNDR traded up $0.02 on Friday, hitting $22.76. 802,387 shares of the company were exchanged, compared to its average volume of 816,008. Schneider National has a twelve month low of $20.59 and a twelve month high of $33.90. The company's 50 day moving average price is $23.15 and its 200-day moving average price is $27.41. The firm has a market capitalization of $3.99 billion, a P/E ratio of 35.01, a price-to-earnings-growth ratio of 0.54 and a beta of 1.11. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.66 and a quick ratio of 1.53.

Schneider National (NYSE:SNDR - Get Free Report) last announced its 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. Schneider National had a net margin of 2.21% and a return on equity of 4.12%. The company had revenue of $1.40 billion for the quarter, compared to the consensus estimate of $1.43 billion. During the same period in the previous year, the business earned $0.11 EPS. The company's revenue was up 6.3% on a year-over-year basis. Analysts predict that Schneider National will post 1.12 earnings per share for the current fiscal year.

Institutional Trading of Schneider National

Several hedge funds have recently added to or reduced their stakes in SNDR. First Trust Advisors LP boosted its position in shares of Schneider National by 87.8% in the fourth quarter. First Trust Advisors LP now owns 2,200,452 shares of the company's stock valued at $64,429,000 after acquiring an additional 1,028,789 shares during the period. American Century Companies Inc. grew its position in Schneider National by 14.2% in the 4th quarter. American Century Companies Inc. now owns 2,469,951 shares of the company's stock worth $72,320,000 after purchasing an additional 306,275 shares during the last quarter. Balyasny Asset Management L.P. grew its position in Schneider National by 4,324.1% in the 4th quarter. Balyasny Asset Management L.P. now owns 312,562 shares of the company's stock worth $9,152,000 after purchasing an additional 305,497 shares during the last quarter. Woodline Partners LP bought a new position in shares of Schneider National during the 4th quarter worth about $8,453,000. Finally, Two Sigma Advisers LP raised its position in shares of Schneider National by 40.4% during the fourth quarter. Two Sigma Advisers LP now owns 702,900 shares of the company's stock valued at $20,581,000 after buying an additional 202,100 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.