Stifel Nicolaus Has Lowered Expectations for Schneider National (NYSE:SNDR) Stock Price

Schneider National (NYSE:SNDR - Get Free Report) had its price target lowered by research analysts at Stifel Nicolaus from $30.00 to $25.00 in a note issued to investors on Monday,Benzinga reports. The firm currently has a "hold" rating on the stock. Stifel Nicolaus' price objective suggests a potential upside of 11.12% from the stock's previous close.

SNDR has been the subject of a number of other research reports. National Bankshares set a $25.00 target price on shares of Schneider National in a research note on Friday, March 28th. Citigroup raised Schneider National from a "sell" rating to a "neutral" rating and reduced their price objective for the stock from $25.00 to $23.00 in a research note on Tuesday, April 8th. JPMorgan Chase & Co. lowered their target price on Schneider National from $32.00 to $31.00 and set a "neutral" rating for the company in a research note on Friday, January 31st. Wells Fargo & Company reduced their price target on shares of Schneider National from $32.00 to $25.00 and set an "equal weight" rating on the stock in a research report on Thursday, March 27th. Finally, The Goldman Sachs Group dropped 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 investment analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat.com, Schneider National has an average rating of "Hold" and a consensus target price of $27.14.

Schneider National Price Performance

SNDR traded up $0.78 during midday trading on Monday, reaching $22.50. 744,097 shares of the company's stock were exchanged, compared to its average volume of 817,380. Schneider National has a one year low of $20.61 and a one year high of $33.90. The firm has a market capitalization of $3.95 billion, a price-to-earnings ratio of 34.61, a price-to-earnings-growth ratio of 0.54 and a beta of 1.10. The business has a 50-day simple moving average of $24.25 and a two-hundred day simple moving average of $27.82. The company has a quick ratio of 1.53, a current ratio of 1.66 and a debt-to-equity ratio of 0.04.

Schneider National (NYSE:SNDR - Get Free Report) last announced its quarterly earnings results on Thursday, January 30th. The company reported $0.20 earnings per share for the quarter, meeting analysts' consensus estimates of $0.20. Schneider National had a return on equity of 4.12% and a net margin of 2.21%. During the same period in the previous year, the business earned $0.16 EPS. As a group, research analysts predict that Schneider National will post 1.12 EPS for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in SNDR. First Trust Advisors LP increased its holdings 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 purchasing an additional 1,028,789 shares during the last quarter. State Street Corp grew its stake in Schneider National by 75.4% in the 3rd quarter. State Street Corp now owns 1,730,769 shares of the company's stock valued at $49,545,000 after buying an additional 743,800 shares during the last quarter. American Century Companies Inc. lifted its position in Schneider National by 14.2% during the fourth quarter. American Century Companies Inc. now owns 2,469,951 shares of the company's stock worth $72,320,000 after acquiring an additional 306,275 shares during the last quarter. Balyasny Asset Management L.P. boosted its holdings in shares of Schneider National by 4,324.1% during the fourth quarter. Balyasny Asset Management L.P. now owns 312,562 shares of the company's stock worth $9,152,000 after acquiring an additional 305,497 shares during the period. Finally, Woodline Partners LP bought a new stake in shares of Schneider National during the fourth quarter worth approximately $8,453,000. 28.54% of the stock is currently owned by institutional investors.

About Schneider National

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.