Schneider National (SNDR) to Release Quarterly Earnings on Thursday

Schneider National (NYSE:SNDR) is expected to be issuing its quarterly earnings data before the market opens on Thursday, January 30th. Analysts expect the company to announce earnings of $0.20 per share and revenue of $1.36 billion for the quarter. Schneider National has set its FY24 guidance at $0.66-0.72 EPS and its FY 2024 guidance at 0.660-0.720 EPS.Individual that wish to listen to the company’s earnings conference call can do so using this link.

Schneider National (NYSE:SNDR) last issued its quarterly earnings data on Wednesday, November 6th. The company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by ($0.05). The business had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $1.33 billion. Schneider National had a net margin of 2.10% and a return on equity of 3.92%. On average, analysts expect Schneider National to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Schneider National Stock Performance

Shares of Schneider National stock opened at $29.90 on Wednesday. The company has a 50-day simple moving average of $30.43 and a two-hundred day simple moving average of $28.61. The company has a market capitalization of $5.24 billion, a PE ratio of 48.22, a P/E/G ratio of 1.90 and a beta of 0.93. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.53 and a current ratio of 1.66. Schneider National has a one year low of $20.50 and a one year high of $33.90.

Insider Buying and Selling

In other news, insider Shaleen Devgun sold 10,000 shares of Schneider National stock in a transaction dated Friday, December 20th. The shares were sold at an average price of $29.04, for a total value of $290,400.00. Following the sale, the insider now owns 95,191 shares in the company, valued at $2,764,346.64. This trade represents a 9.51 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Thomas G. Jackson sold 18,248 shares of the firm’s stock in a transaction dated Wednesday, November 27th. The shares were sold at an average price of $33.07, for a total transaction of $603,461.36. Following the completion of the transaction, the executive vice president now directly owns 66,526 shares in the company, valued at $2,200,014.82. This represents a 21.53 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 66,555 shares of company stock valued at $2,153,011. 32.68% of the stock is owned by company insiders.

Analyst Ratings Changes

Several analysts have weighed in on SNDR shares. Citigroup downgraded shares of Schneider National from a “neutral” rating to a “sell” rating and dropped their target price for the stock from $32.00 to $30.00 in a research report on Tuesday, November 12th. Evercore ISI dropped their price objective on shares of Schneider National from $27.00 to $26.00 and set an “in-line” rating on the stock in a report on Thursday, November 7th. Stifel Nicolaus raised their target price on Schneider National from $28.00 to $31.00 and gave the stock a “hold” rating in a research note on Thursday, January 23rd. JPMorgan Chase & Co. dropped their price target on Schneider National from $30.00 to $29.00 and set a “neutral” rating on the stock in a research note on Thursday, November 7th. Finally, Susquehanna reduced their price objective on Schneider National from $29.00 to $26.00 and set a “neutral” rating for the company in a research note on Thursday, November 7th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and five have given a buy rating to the company. According to data from MarketBeat, Schneider National has an average rating of “Hold” and an average target price of $29.38.

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.