Schneider National (NYSE:SNDR) Given New $26.00 Price Target at Evercore ISI

Schneider National (NYSE:SNDR) had its price target reduced by research analysts at Evercore ISI from $27.00 to $26.00 in a research note issued on Thursday, Benzinga reports. The firm currently has an “in-line” rating on the stock. Evercore ISI’s target price suggests a potential downside of 15.72% from the stock’s current price.

A number of other equities analysts also recently weighed in on SNDR. Susquehanna boosted their target price on shares of Schneider National from $25.00 to $29.00 and gave the stock a “neutral” rating in a report on Thursday, September 26th. Robert W. Baird boosted their target price on shares of Schneider National from $26.00 to $30.00 and gave the stock an “outperform” rating in a report on Friday, August 2nd. Citigroup assumed coverage on shares of Schneider National in a report on Wednesday, October 9th. They set a “neutral” rating and a $29.00 target price on the stock. Benchmark boosted their target price on shares of Schneider National from $27.00 to $30.00 and gave the stock a “buy” rating in a report on Friday, August 2nd. Finally, Bank of America upgraded shares of Schneider National from an “underperform” rating to a “buy” rating and boosted their target price for the stock from $27.00 to $34.00 in a report on Thursday. Nine investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $27.85.

Schneider National Stock Up 1.3 %

SNDR stock traded up $0.41 during mid-day trading on Thursday, hitting $30.85. 5,069 shares of the company were exchanged, compared to its average volume of 820,508. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.46 and a current ratio of 1.59. The firm has a market cap of $5.41 billion, a P/E ratio of 47.85, a P/E/G ratio of 2.90 and a beta of 0.85. The firm’s 50 day simple moving average is $27.82 and its 200 day simple moving average is $25.23. Schneider National has a 1-year low of $20.50 and a 1-year high of $31.07.

Schneider National (NYSE:SNDR) last posted its quarterly earnings data on Wednesday, November 6th. The company reported $0.18 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.05). Schneider National had a net margin of 2.18% and a return on equity of 4.08%. The business had revenue of $1.32 billion during the quarter, compared to analyst estimates of $1.33 billion. On average, sell-side analysts predict that Schneider National will post 0.84 EPS for the current fiscal year.

Institutional Investors Weigh In On Schneider National

A number of institutional investors have recently modified their holdings of SNDR. BNP Paribas Financial Markets boosted its position in shares of Schneider National by 4,602.7% in the first quarter. BNP Paribas Financial Markets now owns 135,862 shares of the company’s stock valued at $3,076,000 after acquiring an additional 132,973 shares during the period. Duality Advisers LP acquired a new position in Schneider National in the first quarter valued at about $335,000. Envestnet Portfolio Solutions Inc. raised its stake in Schneider National by 18.6% in the first quarter. Envestnet Portfolio Solutions Inc. now owns 13,662 shares of the company’s stock valued at $309,000 after purchasing an additional 2,140 shares in the last quarter. Quantbot Technologies LP raised its stake in Schneider National by 43.0% during the first quarter. Quantbot Technologies LP now owns 80,698 shares of the company’s stock worth $1,827,000 after acquiring an additional 24,278 shares in the last quarter. Finally, SG Americas Securities LLC lifted its holdings in shares of Schneider National by 244.5% in the first quarter. SG Americas Securities LLC now owns 70,335 shares of the company’s stock worth $1,592,000 after acquiring an additional 49,921 shares during the last quarter. Institutional investors own 28.54% of the company’s stock.

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.