Zacks: Brokerages Expect Schneider National Inc (SNDR) to Announce $0.46 EPS

Wall Street analysts expect that Schneider National Inc (NYSE:SNDR) will announce earnings of $0.46 per share for the current fiscal quarter, according to Zacks Investment Research. Five analysts have issued estimates for Schneider National’s earnings. The highest EPS estimate is $0.48 and the lowest is $0.45. Schneider National reported earnings of $0.33 per share during the same quarter last year, which would indicate a positive year-over-year growth rate of 39.4%. The company is scheduled to issue its next earnings results on Thursday, February 7th.

On average, analysts expect that Schneider National will report full year earnings of $1.52 per share for the current fiscal year, with EPS estimates ranging from $1.50 to $1.54. For the next financial year, analysts expect that the firm will report earnings of $1.75 per share, with EPS estimates ranging from $1.70 to $1.80. Zacks Investment Research’s earnings per share averages are an average based on a survey of research analysts that that provide coverage for Schneider National.

Schneider National (NYSE:SNDR) last announced its quarterly earnings data on Thursday, November 1st. The company reported $0.40 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.40. The business had revenue of $1.28 billion for the quarter, compared to analysts’ expectations of $1.27 billion. Schneider National had a return on equity of 12.53% and a net margin of 9.66%. The company’s revenue for the quarter was up 15.2% compared to the same quarter last year. During the same period last year, the firm earned $0.23 earnings per share.

Several research firms recently commented on SNDR. Morgan Stanley increased their target price on Schneider National from $36.00 to $37.00 and gave the company an “overweight” rating in a report on Friday, August 3rd. Bank of America lowered Schneider National from a “buy” rating to an “underperform” rating and dropped their target price for the company from $35.00 to $27.00 in a report on Thursday, August 9th. Stifel Nicolaus increased their target price on Schneider National from $29.00 to $31.00 and gave the company a “hold” rating in a report on Monday, August 6th. Zacks Investment Research raised Schneider National from a “hold” rating to a “buy” rating and set a $30.00 target price on the stock in a report on Thursday, September 6th. Finally, Wolfe Research lowered Schneider National from a “peer perform” rating to an “underperform” rating in a report on Friday, October 5th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and six have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $29.00.

NYSE:SNDR traded down $0.05 during trading hours on Friday, hitting $22.49. The company’s stock had a trading volume of 581,093 shares, compared to its average volume of 1,134,960. The firm has a market capitalization of $3.98 billion, a PE ratio of 23.93, a price-to-earnings-growth ratio of 1.14 and a beta of 1.32. The company has a debt-to-equity ratio of 0.20, a current ratio of 2.34 and a quick ratio of 2.23. Schneider National has a 52-week low of $20.14 and a 52-week high of $30.52.

The company also recently disclosed a quarterly dividend, which will be paid on Monday, January 7th. Shareholders of record on Friday, December 14th will be issued a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a dividend yield of 1.07%. The ex-dividend date is Thursday, December 13th. Schneider National’s payout ratio is 25.53%.

In related news, Director James L. Welch purchased 2,000 shares of the stock in a transaction that occurred on Tuesday, November 6th. The shares were purchased at an average price of $22.37 per share, with a total value of $44,740.00. Following the completion of the acquisition, the director now directly owns 5,472 shares in the company, valued at approximately $122,408.64. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Stephen L. Bruffett purchased 20,000 shares of the stock in a transaction that occurred on Tuesday, November 6th. The shares were bought at an average cost of $22.44 per share, for a total transaction of $448,800.00. Following the acquisition, the chief financial officer now owns 29,480 shares of the company’s stock, valued at $661,531.20. The disclosure for this purchase can be found here. In the last ninety days, insiders have acquired 26,000 shares of company stock worth $601,220. Corporate insiders own 43.46% of the company’s stock.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Scopus Asset Management L.P. acquired a new stake in Schneider National in the second quarter valued at about $37,137,000. First Trust Advisors LP lifted its position in Schneider National by 337.1% in the third quarter. First Trust Advisors LP now owns 1,377,914 shares of the company’s stock valued at $34,420,000 after purchasing an additional 1,062,687 shares during the period. Morgan Stanley lifted its position in Schneider National by 20.2% in the second quarter. Morgan Stanley now owns 3,728,025 shares of the company’s stock valued at $102,558,000 after purchasing an additional 626,317 shares during the period. Millennium Management LLC lifted its position in Schneider National by 50.3% in the second quarter. Millennium Management LLC now owns 1,240,942 shares of the company’s stock valued at $34,138,000 after purchasing an additional 415,281 shares during the period. Finally, Credit Suisse AG lifted its position in Schneider National by 162.2% in the third quarter. Credit Suisse AG now owns 521,642 shares of the company’s stock valued at $13,030,000 after purchasing an additional 322,668 shares during the period. 24.87% of the stock is currently owned by hedge funds and other institutional investors.

About Schneider National

Schneider National, Inc, a transportation and logistics services company, provides truckload, intermodal, and logistics solutions in North America. Its Truckload segment provides standard long-haul and regional shipping services through dry van equipment; and bulk, temperature-controlled, final mile delivery, and customized solutions for time-sensitive loads.

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