Schneider National (NYSE:SNDR) Price Target Cut to $22.00 by Analysts at Stifel Nicolaus

Schneider National (NYSE:SNDR - Get Free Report) had its price target dropped by equities researchers at Stifel Nicolaus from $25.00 to $22.00 in a research report issued on Friday,Benzinga reports. The firm currently has a "hold" rating on the stock. Stifel Nicolaus' price target would indicate a potential downside of 1.81% from the stock's current price.

A number of other research firms have also recently commented on SNDR. JPMorgan Chase & Co. cut their target price on shares of Schneider National from $32.00 to $31.00 and set a "neutral" rating for the company in a research note on Friday, January 31st. Benchmark cut their price objective on shares of Schneider National from $34.00 to $31.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Susquehanna dropped their price target on shares of Schneider National from $32.00 to $24.00 and set a "neutral" rating for the company in a research note on Wednesday, March 26th. Wells Fargo & Company cut their price objective on Schneider National from $32.00 to $25.00 and set an "equal weight" rating for the company in a research report on Thursday, March 27th. Finally, The Goldman Sachs Group lowered their target price on shares of Schneider National from $28.00 to $23.00 and set a "neutral" rating for the company in a research note on Thursday, April 10th. Ten analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of $26.43.

Schneider National Stock Performance

Schneider National stock traded up $0.17 during mid-day trading on Friday, reaching $22.41. 185,058 shares of the company traded hands, compared to its average volume of 811,895. 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 $23.07 and its two-hundred day moving average is $27.37. The company has a debt-to-equity ratio of 0.04, a current ratio of 1.66 and a quick ratio of 1.53. The company has a market capitalization of $3.93 billion, a price-to-earnings ratio of 34.50, a price-to-earnings-growth ratio of 0.54 and a beta of 1.11.

Schneider National (NYSE:SNDR - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The company reported $0.16 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 business had revenue of $1.40 billion during the quarter, compared to analysts' expectations of $1.43 billion. During the same period in the previous year, the business posted $0.11 EPS. The business's quarterly revenue was up 6.3% compared to the same quarter last year. On average, equities research analysts expect that Schneider National will post 1.12 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Schneider National

Several institutional investors and hedge funds have recently modified their holdings of SNDR. Dimensional Fund Advisors LP grew its stake in shares of Schneider National by 3.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 4,410,100 shares of the company's stock valued at $129,128,000 after buying an additional 144,133 shares in the last quarter. Vanguard Group Inc. increased its position in Schneider National by 4.1% during the fourth quarter. Vanguard Group Inc. now owns 4,369,533 shares of the company's stock worth $127,940,000 after buying an additional 172,418 shares during the last quarter. American Century Companies Inc. increased its holdings in shares of Schneider National by 14.2% during the 4th quarter. American Century Companies Inc. now owns 2,469,951 shares of the company's stock valued at $72,320,000 after acquiring an additional 306,275 shares during the last quarter. First Trust Advisors LP lifted its holdings in Schneider National by 87.8% in the 4th quarter. First Trust Advisors LP now owns 2,200,452 shares of the company's stock worth $64,429,000 after purchasing an additional 1,028,789 shares during the last quarter. Finally, GW&K Investment Management LLC boosted its position in Schneider National by 8.7% during the fourth quarter. GW&K Investment Management LLC now owns 1,987,843 shares of the company's stock worth $58,204,000 after purchasing an additional 158,505 shares during the period. 28.54% of the stock is currently owned by hedge funds and other institutional investors.

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.