Schneider National (NYSE:SNDR) Given New $25.00 Price Target at The Goldman Sachs Group

Schneider National (NYSE:SNDR) had its price objective reduced by investment analysts at The Goldman Sachs Group from $26.00 to $25.00 in a research report issued to clients and investors on Wednesday, Benzinga reports. The firm currently has a “neutral” rating on the stock. The Goldman Sachs Group’s price objective indicates a potential downside of 8.56% from the company’s current price.

SNDR has been the subject of several other reports. JPMorgan Chase & Co. lifted their price target on shares of Schneider National from $24.00 to $30.00 and gave the company a “neutral” rating in a report on Friday, August 2nd. Robert W. Baird lifted their price target on shares of Schneider National from $26.00 to $30.00 and gave the company an “outperform” rating in a report on Friday, August 2nd. Bank of America downgraded shares of Schneider National from a “neutral” rating to an “underperform” rating and set a $23.00 target price for the company. in a research note on Monday, July 22nd. 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 research note on Thursday, September 26th. Finally, UBS Group boosted their target price on shares of Schneider National from $26.00 to $28.00 and gave the stock a “buy” rating in a research note on Tuesday, July 9th. One research analyst has rated the stock with a sell rating, nine have assigned a hold rating and four have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $27.08.

Schneider National Price Performance

SNDR stock traded down $0.14 during trading on Wednesday, hitting $27.34. 135,307 shares of the stock traded hands, compared to its average volume of 849,996. Schneider National has a one year low of $20.50 and a one year high of $29.01. The stock has a market cap of $4.79 billion, a price-to-earnings ratio of 31.07, a P/E/G ratio of 2.48 and a beta of 0.85. The company has a 50 day simple moving average of $27.36 and a 200 day simple moving average of $24.34. The company has a current ratio of 1.59, a quick ratio of 1.46 and a debt-to-equity ratio of 0.04.

Schneider National (NYSE:SNDR) last announced its quarterly earnings results on Thursday, August 1st. The company reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.03. Schneider National had a net margin of 2.18% and a return on equity of 4.08%. The firm had revenue of $1.32 billion during the quarter, compared to the consensus estimate of $1.35 billion. During the same period last year, the firm posted $0.45 EPS. The firm’s quarterly revenue was down 2.2% on a year-over-year basis. Equities analysts expect that Schneider National will post 0.85 EPS for the current fiscal year.

Insider Transactions at Schneider National

In other news, insider Shaleen Devgun sold 10,000 shares of Schneider National stock in a transaction that occurred on Friday, August 2nd. The shares were sold at an average price of $27.60, for a total transaction of $276,000.00. Following the completion of the sale, the insider now owns 55,726 shares in the company, valued at $1,538,037.60. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 32.68% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. The Manufacturers Life Insurance Company grew its holdings in Schneider National by 3.6% during the second quarter. The Manufacturers Life Insurance Company now owns 14,136 shares of the company’s stock valued at $342,000 after purchasing an additional 493 shares during the period. CANADA LIFE ASSURANCE Co grew its holdings in Schneider National by 3.2% during the first quarter. CANADA LIFE ASSURANCE Co now owns 19,917 shares of the company’s stock valued at $451,000 after purchasing an additional 618 shares during the period. Hilltop National Bank grew its holdings in Schneider National by 28.5% during the second quarter. Hilltop National Bank now owns 3,044 shares of the company’s stock valued at $74,000 after purchasing an additional 676 shares during the period. California State Teachers Retirement System grew its holdings in Schneider National by 1.7% during the first quarter. California State Teachers Retirement System now owns 55,889 shares of the company’s stock valued at $1,265,000 after purchasing an additional 958 shares during the period. Finally, Janiczek Wealth Management LLC grew its holdings in Schneider National by 9.2% during the first quarter. Janiczek Wealth Management LLC now owns 14,324 shares of the company’s stock valued at $324,000 after purchasing an additional 1,207 shares during the period. Institutional investors and hedge funds own 28.54% of the company’s stock.

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.