Weiss Ratings Reaffirms Hold (C) Rating for Schneider National (NYSE:SNDR)

Key Points

• Weiss Ratings has reiterated a "hold (C)" rating for Schneider National (NYSE: SNDR), while varying opinions exist among other brokerages regarding the stock's outlook.
• Schneider National's quarterly earnings met expectations with an EPS of $0.21 and reported a revenue of $1.42 billion, marking a 7.9% increase compared to the previous year.
• Insider activity included the sale of approximately 36,596 shares by EVP Thomas G. Jackson, representing a 33.43% decrease in his holdings.

Schneider National (NYSE:SNDR - Get Free Report)'s stock had its "hold (c)" rating reiterated by stock analysts at Weiss Ratings in a research report issued to clients and investors on Friday,Weiss Ratings reports.

A number of other brokerages have also recently issued reports on SNDR. Baird R W upgraded Schneider National to a "strong-buy" rating in a report on Tuesday, July 1st. Evercore ISI reduced their target price on Schneider National from $24.00 to $22.00 and set an "in-line" rating on the stock in a report on Tuesday, September 30th. 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 report on Friday, September 5th. Susquehanna reduced their target price on Schneider National from $24.00 to $21.00 and set a "neutral" rating on the stock in a report on Wednesday, September 24th. Finally, Stifel Nicolaus upgraded Schneider National from a "hold" rating to a "buy" rating and cut their price objective for the company from $26.00 to $25.00 in a report on Friday, October 3rd. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of "Hold" and an average target price of $27.00.

Schneider National Stock Performance

Shares of NYSE:SNDR opened at $22.92 on Friday. Schneider National has a twelve month low of $20.59 and a twelve month high of $33.90. The firm has a market cap of $4.02 billion, a PE ratio of 32.74, a price-to-earnings-growth ratio of 0.73 and a beta of 1.06. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.77 and a current ratio of 1.91. The business has a fifty day moving average of $23.30 and a 200-day moving average of $23.75.

Schneider National (NYSE:SNDR - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The company reported $0.21 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.21. The business had revenue of $1.42 billion for the quarter, compared to analysts' expectations of $1.41 billion. Schneider National had a return on equity of 4.39% and a net margin of 2.29%.The firm's quarterly revenue was up 7.9% compared to the same quarter last year. During the same quarter last year, the business earned $0.21 earnings per share. Schneider National has set its FY 2025 guidance at 0.750-0.950 EPS. On average, equities research analysts predict that Schneider National will post 1.12 EPS for the current fiscal year.

Insider Activity

In other news, EVP Thomas G. Jackson sold 36,596 shares of the company's stock in a transaction that occurred on Thursday, August 7th. The stock was sold at an average price of $24.36, for a total transaction of $891,478.56. Following the sale, the executive vice president owned 72,870 shares in the company, valued at $1,775,113.20. This represents a 33.43% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. 32.68% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in SNDR. Dimensional Fund Advisors LP grew its holdings in Schneider National by 4.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 4,616,682 shares of the company's stock valued at $105,489,000 after buying an additional 206,582 shares in the last quarter. First Trust Advisors LP grew its holdings in Schneider National by 10.7% in the 2nd quarter. First Trust Advisors LP now owns 3,962,710 shares of the company's stock valued at $95,700,000 after buying an additional 381,898 shares in the last quarter. American Century Companies Inc. grew its holdings in Schneider National by 14.8% in the 2nd quarter. American Century Companies Inc. now owns 2,991,213 shares of the company's stock valued at $72,238,000 after buying an additional 386,340 shares in the last quarter. Earnest Partners LLC grew its holdings in Schneider National by 3.3% in the 1st quarter. Earnest Partners LLC now owns 2,206,990 shares of the company's stock valued at $50,430,000 after buying an additional 70,476 shares in the last quarter. Finally, Balyasny Asset Management L.P. acquired a new position in Schneider National in the 2nd quarter valued at $26,393,000. 28.54% of the stock is owned by institutional investors and hedge funds.

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.

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