Schneider National (NYSE:SNDR) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Schneider National (NYSE:SNDR) from a hold rating to a buy rating in a report published on Sunday morning,Wall Street Zen reports.

Other equities research analysts have also issued research reports about the stock. UBS Group reduced their price target on shares of Schneider National from $31.00 to $30.00 and set a “neutral” rating for the company in a research report on Friday, October 30th. Benchmark reiterated a “buy” rating on shares of Schneider National in a research note on Thursday, July 16th. National Bank Financial set a $38.00 price objective on shares of Schneider National in a report on Friday, July 31st. Susquehanna cut their target price on shares of Schneider National from $36.00 to $34.00 and set a “neutral” rating for the company in a research report on Friday, November 6th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Schneider National in a report on Tuesday, November 3rd. Five research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $32.92.

Schneider National Stock Performance

SNDR stock opened at $29.06 on Friday. The company has a debt-to-equity ratio of 0.12, a current ratio of 2.06 and a quick ratio of 2.00. Schneider National has a 1 year low of $20.51 and a 1 year high of $39.27. The company has a market cap of $5.10 billion, a P/E ratio of 35.88, a price-to-earnings-growth ratio of 0.62 and a beta of 1.21. The stock’s fifty day moving average price is $31.62 and its 200-day moving average price is $31.88.

Schneider National (NYSE:SNDR) last posted its quarterly earnings data on Thursday, October 29th. The company reported $0.29 EPS for the quarter, missing analysts’ consensus estimates of $0.30 by ($0.01). Schneider National had a net margin of 2.38% and a return on equity of 4.82%. The firm had revenue of $1.59 billion for the quarter, compared to analysts’ expectations of $1.58 billion. During the same quarter last year, the company posted $0.12 EPS. The firm’s revenue was up 9.2% compared to the same quarter last year. On average, equities analysts forecast that Schneider National will post 1.05 earnings per share for the current year.

Schneider National Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, January 12th. Investors of record on Friday, December 11th will be given a dividend of $0.10 per share. The ex-dividend date is Friday, December 11th. This represents a $0.40 annualized dividend and a yield of 1.4%. Schneider National’s payout ratio is 49.38%.

Institutional Trading of Schneider National

Several hedge funds have recently bought and sold shares of SNDR. Ieq Capital LLC raised its stake in shares of Schneider National by 18.6% in the third quarter. Ieq Capital LLC now owns 14,108 shares of the company’s stock worth $449,000 after buying an additional 2,213 shares during the period. Public Sector Pension Investment Board lifted its position in shares of Schneider National by 94.4% during the 3rd quarter. Public Sector Pension Investment Board now owns 332,435 shares of the company’s stock valued at $10,339,000 after buying an additional 161,455 shares in the last quarter. Cibc World Market Inc. bought a new position in shares of Schneider National during the 3rd quarter valued at approximately $6,365,000. Intech Investment Management LLC grew its stake in shares of Schneider National by 91.7% during the 3rd quarter. Intech Investment Management LLC now owns 141,042 shares of the company’s stock valued at $4,492,000 after acquiring an additional 67,475 shares during the period. Finally, Hantz Financial Services Inc. grew its stake in shares of Schneider National by 53.3% during the 3rd quarter. Hantz Financial Services Inc. now owns 4,210 shares of the company’s stock valued at $134,000 after acquiring an additional 1,463 shares during the period. Institutional investors own 28.54% of the company’s stock.

Schneider National Company Profile

Schneider National, Inc. is a transportation and logistics company that provides freight and supply-chain services across North America. Its offerings include truckload transportation, intermodal shipping, and logistics services such as freight brokerage and supply-chain management. The company serves customers in the United States, Canada, and Mexico, using a network of drivers, equipment, facilities, and transportation partners to move freight through multiple modes. Founded in 1935 by Al Schneider as a single-truck business, the company grew into one of North America’s transportation providers.