Schneider National, Inc. (NYSE:SNDR) CFO Lori A. Lutey sold 55,000 shares of the stock in a transaction on Thursday, November 9th. The shares were sold at an average price of $24.20, for a total value of $1,331,000.00. Following the completion of the transaction, the chief financial officer now directly owns 605,996 shares in the company, valued at approximately $14,665,103.20. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Schneider National, Inc. (NYSE:SNDR) opened at $24.01 on Thursday. Schneider National, Inc. has a 12 month low of $17.69 and a 12 month high of $28.32. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.93 and a current ratio of 2.12.
Schneider National (NYSE:SNDR) last announced its quarterly earnings data on Tuesday, November 7th. The company reported $0.23 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.25 by ($0.02). Schneider National had a net margin of 3.61% and a return on equity of 10.79%. The company had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.10 billion. During the same period last year, the business posted $0.24 earnings per share. The firm’s quarterly revenue was up 5.5% compared to the same quarter last year. analysts predict that Schneider National, Inc. will post 0.93 earnings per share for the current year.
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A number of research firms recently commented on SNDR. KeyCorp reissued a “hold” rating on shares of Schneider National in a research note on Monday. Morgan Stanley raised their price objective on Schneider National from $26.00 to $28.00 and gave the company an “overweight” rating in a research note on Wednesday, November 8th. BidaskClub cut Schneider National from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, November 7th. Buckingham Research assumed coverage on Schneider National in a research note on Friday, October 20th. They set a “buy” rating and a $29.00 price objective on the stock. Finally, Robert W. Baird reaffirmed a “buy” rating and set a $28.00 price objective on shares of Schneider National in a research note on Friday, October 6th. Four investment analysts have rated the stock with a hold rating and ten have given a buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $25.11.
Several institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. purchased a new stake in shares of Schneider National during the second quarter worth about $67,293,000. Associated Banc Corp purchased a new stake in shares of Schneider National during the second quarter worth about $56,314,000. Schmidt P J Investment Management Inc. purchased a new stake in shares of Schneider National during the second quarter worth about $37,752,000. Jennison Associates LLC boosted its holdings in shares of Schneider National by 6.0% during the third quarter. Jennison Associates LLC now owns 1,554,066 shares of the company’s stock worth $39,318,000 after purchasing an additional 88,411 shares during the period. Finally, Citadel Advisors LLC purchased a new stake in shares of Schneider National during the second quarter worth about $32,099,000. Institutional investors own 22.88% of the company’s stock.
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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