A number of other research analysts have also recently commented on SNDR. Bank of America Corporation reiterated a buy rating and issued a $25.00 price objective (up from $23.00) on shares of Schneider National in a report on Monday, July 10th. Zacks Investment Research cut Schneider National from a hold rating to a sell rating in a report on Thursday, July 13th. BidaskClub upgraded Schneider National from a buy rating to a strong-buy rating in a report on Tuesday, September 12th. UBS AG reiterated a buy rating and issued a $30.00 price objective (up from $24.00) on shares of Schneider National in a report on Friday, September 29th. Finally, Robert W. Baird reiterated a buy rating and issued a $28.00 price objective on shares of Schneider National in a report on Friday, October 6th. Three analysts have rated the stock with a hold rating, eight have given a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has an average rating of Buy and an average price target of $24.13.
Shares of Schneider National (SNDR) opened at 24.40 on Tuesday. The stock has a 50 day moving average price of $23.57 and a 200 day moving average price of $21.23. Schneider National has a one year low of $17.69 and a one year high of $26.85. The stock has a market capitalization of $4.31 billion and a P/E ratio of 1.58.
Schneider National (NASDAQ:SNDR) last released its quarterly earnings data on Tuesday, August 1st. The company reported $0.23 EPS for the quarter, meeting analysts’ consensus estimates of $0.23. Schneider National had a return on equity of 13.37% and a net margin of 4.32%. The firm had revenue of $1.08 billion for the quarter, compared to analysts’ expectations of $1.07 billion. During the same period in the prior year, the firm posted $0.28 earnings per share. The firm’s quarterly revenue was up 8.1% on a year-over-year basis. Equities analysts forecast that Schneider National will post $0.95 earnings per share for the current year.
The company also recently announced a quarterly dividend, which was paid on Monday, October 2nd. Shareholders of record on Wednesday, September 20th were given a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 0.82%. The ex-dividend date was Tuesday, September 19th.
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. California State Teachers Retirement System purchased a new stake in Schneider National in the second quarter valued at approximately $1,291,000. The Manufacturers Life Insurance Company purchased a new stake in Schneider National in the second quarter valued at approximately $540,000. Cubist Systematic Strategies LLC purchased a new stake in Schneider National in the second quarter valued at approximately $1,916,000. BlueCrest Capital Management Ltd purchased a new stake in Schneider National in the second quarter valued at approximately $1,119,000. Finally, State Street Corp purchased a new stake in Schneider National in the second quarter valued at approximately $4,952,000.
About Schneider National
Schneider National, Inc is a provider of transportation, logistics and related services. The Company’s transportation solutions include one-way, intermodal, dedicated, bulk, transport management, trans loading services, international services and Schneider payment services. Its supply chain management and consulting services include logistics solution design, global supply chain services, enterprise and market entry assistance, and sourcing and compliance.
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