Schneider National (NYSE:SNDR) Rating Reiterated by Robert W. Baird

Schneider National (NYSE:SNDR)‘s stock had its “buy” rating restated by equities research analysts at Robert W. Baird in a report issued on Monday, Analyst Ratings Network reports. They currently have a $28.00 price target on the stock. Robert W. Baird’s price target suggests a potential upside of 10.54% from the stock’s current price.

Several other equities research analysts have also recently commented on SNDR. Credit Suisse Group lifted their target price on Schneider National from $29.00 to $30.00 and gave the company an “outperform” rating in a research note on Friday, April 30th. Susquehanna Bancshares lifted their target price on Schneider National from $25.00 to $26.00 and gave the company a “neutral” rating in a research note on Monday, April 12th. UBS Group reissued a “neutral” rating and issued a $27.00 target price (up from $26.00) on shares of Schneider National in a research note on Wednesday, March 17th. The Goldman Sachs Group reissued a “neutral” rating and issued a $23.00 target price (down from $29.00) on shares of Schneider National in a research note on Tuesday, March 16th. Finally, Susquehanna lifted their target price on Schneider National from $25.00 to $26.00 and gave the company a “neutral” rating in a research note on Monday, April 19th. Two analysts have rated the stock with a sell rating, nine have assigned a hold rating and seven have issued a buy rating to the company’s stock. Schneider National currently has an average rating of “Hold” and a consensus target price of $25.65.

SNDR stock opened at $25.33 on Monday. The business has a fifty day moving average price of $24.95 and a 200 day moving average price of $22.98. Schneider National has a fifty-two week low of $20.20 and a fifty-two week high of $28.13. The stock has a market capitalization of $4.49 billion, a price-to-earnings ratio of 23.45, a P/E/G ratio of 1.65 and a beta of 1.04. The company has a debt-to-equity ratio of 0.13, a current ratio of 3.06 and a quick ratio of 2.95.

Schneider National (NYSE:SNDR) last released its quarterly earnings results on Thursday, April 29th. The company reported $0.31 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.29 by $0.02. Schneider National had a return on equity of 9.18% and a net margin of 4.29%. The firm had revenue of $1.23 billion during the quarter, compared to analysts’ expectations of $1.19 billion. During the same period last year, the firm posted $0.24 EPS. The business’s revenue was up 9.8% on a year-over-year basis. On average, equities analysts expect that Schneider National will post 1.2 earnings per share for the current fiscal year.

A number of hedge funds have recently bought and sold shares of the business. Envestnet Asset Management Inc. lifted its holdings in Schneider National by 6.1% during the first quarter. Envestnet Asset Management Inc. now owns 105,291 shares of the company’s stock worth $2,629,000 after acquiring an additional 6,028 shares in the last quarter. Victory Capital Management Inc. lifted its holdings in shares of Schneider National by 21.8% in the first quarter. Victory Capital Management Inc. now owns 63,429 shares of the company’s stock valued at $1,584,000 after purchasing an additional 11,343 shares in the last quarter. JJJ Advisors Inc. lifted its holdings in shares of Schneider National by 278.8% in the first quarter. JJJ Advisors Inc. now owns 5,656 shares of the company’s stock valued at $141,000 after purchasing an additional 4,163 shares in the last quarter. DekaBank Deutsche Girozentrale bought a new stake in shares of Schneider National in the first quarter valued at about $375,000. Finally, Assenagon Asset Management S.A. lifted its holdings in shares of Schneider National by 1,520.7% in the first quarter. Assenagon Asset Management S.A. now owns 245,724 shares of the company’s stock valued at $6,136,000 after purchasing an additional 230,562 shares in the last quarter. Hedge funds and other institutional investors own 26.01% of the company’s stock.

About Schneider National

Schneider National, Inc, a surface transportation and logistics solutions company, provides truckload, intermodal, and logistics services in North America. Its Truckload segment provides standard long-haul and regional shipping services through dry van, bulk, temperature-controlled, and flat-bed equipment, as well as customized solutions for time-sensitive loads.

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Analyst Recommendations for Schneider National (NYSE:SNDR)

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