Benchmark Boosts Schneider National (NYSE:SNDR) Price Target to $34.00

Schneider National (NYSE:SNDR) had its price objective boosted by stock analysts at Benchmark from $32.00 to $34.00 in a note issued to investors on Wednesday,Benzinga reports. The firm presently has a “buy” rating on the stock. Benchmark’s target price indicates a potential upside of 3.50% from the stock’s previous close.

SNDR has been the topic of a number of other reports. Evercore ISI dropped their target price on shares of Schneider National from $27.00 to $26.00 and set an “in-line” rating on the stock in a research note on Thursday, November 7th. JPMorgan Chase & Co. decreased their target price on shares of Schneider National from $30.00 to $29.00 and set a “neutral” rating on the stock in a report on Thursday, November 7th. Robert W. Baird raised their price target on Schneider National from $26.00 to $30.00 and gave the company an “outperform” rating in a report on Friday, August 2nd. Susquehanna lowered their price objective on shares of Schneider National from $29.00 to $26.00 and set a “neutral” rating on the stock in a research report on Thursday, November 7th. Finally, TD Cowen lifted their price target on Schneider National from $32.00 to $34.00 and gave the stock a “buy” rating in a research note on Tuesday. One analyst has rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Schneider National currently has a consensus rating of “Hold” and a consensus price target of $29.08.

Schneider National Stock Performance

Shares of Schneider National stock opened at $32.85 on Wednesday. Schneider National has a 52 week low of $20.50 and a 52 week high of $33.60. The company has a quick ratio of 1.53, a current ratio of 1.66 and a debt-to-equity ratio of 0.04. The business has a 50 day moving average price of $29.06 and a 200-day moving average price of $26.26. The company has a market cap of $5.75 billion, a PE ratio of 52.98, a price-to-earnings-growth ratio of 3.88 and a beta of 0.85.

Schneider National (NYSE:SNDR) last announced its earnings results on Wednesday, November 6th. The company reported $0.18 EPS for the quarter, missing the consensus estimate of $0.23 by ($0.05). Schneider National had a net margin of 2.10% and a return on equity of 3.92%. The firm had revenue of $1.32 billion during the quarter, compared to analysts’ expectations of $1.33 billion. Equities analysts anticipate that Schneider National will post 0.7 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the stock. Innealta Capital LLC bought a new stake in shares of Schneider National during the second quarter valued at approximately $53,000. DekaBank Deutsche Girozentrale purchased a new stake in Schneider National during the 3rd quarter valued at about $73,000. Hilltop National Bank increased its position in shares of 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 acquiring an additional 676 shares in the last quarter. Quarry LP purchased a new stake in shares of Schneider National during the third quarter valued at $90,000. Finally, SG Americas Securities LLC bought a new stake in shares of Schneider National in the third quarter worth approximately $109,000. 28.54% of the stock is currently owned by institutional investors.

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.