Stifel Nicolaus Increases Schneider National (NYSE:SNDR) Price Target to $32.00

Schneider National (NYSE:SNDR) had its target price upped by analysts at Stifel Nicolaus from $29.00 to $32.00 in a report released on Wednesday,Benzinga reports. The firm currently has a “buy” rating on the stock. Stifel Nicolaus’ price target indicates a potential upside of 11.53% from the stock’s current price.

Other research analysts have also issued research reports about the stock. Citigroup increased their target price on shares of Schneider National from $23.00 to $31.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 7th. TD Cowen reduced their target price on Schneider National from $25.00 to $23.00 and set a “buy” rating on the stock in a report on Friday, October 31st. Evercore ISI upped their target price on shares of Schneider National from $21.00 to $30.00 and gave the stock an “in-line” rating in a research note on Tuesday. Susquehanna lifted their price objective on shares of Schneider National from $19.00 to $30.00 and gave the stock a “neutral” rating in a research report on Thursday, January 8th. Finally, Raymond James Financial raised shares of Schneider National from a “market perform” rating to an “outperform” rating and set a $28.00 price objective for the company in a research note on Wednesday, December 3rd. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $28.80.

Schneider National Stock Down 0.4%

Shares of SNDR traded down $0.11 during midday trading on Wednesday, hitting $28.69. The stock had a trading volume of 74,056 shares, compared to its average volume of 816,667. The firm has a market cap of $5.03 billion, a price-to-earnings ratio of 44.85, a price-to-earnings-growth ratio of 0.72 and a beta of 1.08. Schneider National has a twelve month low of $20.11 and a twelve month high of $31.19. The company has a 50 day simple moving average of $25.08 and a two-hundred day simple moving average of $24.32. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.11 and a quick ratio of 1.93.

Schneider National (NYSE:SNDR) last issued its quarterly earnings results on Thursday, October 30th. The company reported $0.12 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.09). The business had revenue of $1.45 billion for the quarter, compared to the consensus estimate of $1.44 billion. Schneider National had a return on equity of 4.04% and a net margin of 2.03%.The company’s quarterly revenue was up 10.4% compared to the same quarter last year. During the same period last year, the firm earned $0.18 earnings per share. Schneider National has set its FY 2025 guidance at 0.700-0.950 EPS. On average, analysts anticipate that Schneider National will post 1.12 EPS for the current year.

Institutional Trading of Schneider National

Several hedge funds and other institutional investors have recently bought and sold shares of SNDR. Balyasny Asset Management L.P. acquired a new stake in shares of Schneider National in the second quarter worth $26,393,000. Gotham Asset Management LLC raised its holdings in shares of Schneider National by 396.1% during the third quarter. Gotham Asset Management LLC now owns 855,802 shares of the company’s stock worth $18,109,000 after purchasing an additional 683,298 shares during the period. Quantinno Capital Management LP raised its stake in Schneider National by 644.7% during the second quarter. Quantinno Capital Management LP now owns 620,714 shares of the company’s stock worth $14,990,000 after acquiring an additional 537,364 shares during the period. American Century Companies Inc. boosted its holdings in shares of Schneider National by 14.8% during the second quarter. American Century Companies Inc. now owns 2,991,213 shares of the company’s stock valued at $72,238,000 after acquiring an additional 386,340 shares during the period. Finally, First Trust Advisors LP grew its position 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 worth $95,700,000 after purchasing an additional 381,898 shares during the last quarter. 28.54% of the stock is owned by institutional investors and hedge funds.

Schneider National Company Profile

Schneider National, Inc is a leading provider of transportation and logistics services in North America. The company offers a full spectrum of solutions, including truckload transportation, intermodal services and dedicated logistics. Through these offerings, Schneider supports the movement of goods ranging from dry van freight to refrigerated and flatbed shipments, while also providing customized supply chain management and warehousing capabilities.

Founded in 1935 by Al Schneider as a single-truck operation in Green Bay, Wisconsin, the company has grown into one of the industry’s most recognized carriers.