Stifel Nicolaus Forecasts Strong Price Appreciation for Schneider National (NYSE:SNDR) Stock

Schneider National (NYSE:SNDR) had its price objective boosted by equities research analysts at Stifel Nicolaus from $25.00 to $29.00 in a research report issued on Tuesday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. Stifel Nicolaus’ price objective would indicate a potential upside of 7.77% from the stock’s current price.

Other analysts have also issued reports about the stock. Raymond James Financial upgraded shares of Schneider National from a “market perform” rating to an “outperform” rating and set a $28.00 target price for the company in a report on Wednesday, December 3rd. UBS Group lowered Schneider National from a “buy” rating to a “neutral” rating and upped their price target for the company from $25.00 to $26.00 in a research report on Friday, September 5th. Citigroup cut their price objective on Schneider National from $25.00 to $23.00 and set a “neutral” rating on the stock in a research report on Monday, November 3rd. Evercore ISI decreased their target price on Schneider National from $22.00 to $21.00 and set an “in-line” rating for the company in a report on Friday, October 31st. Finally, Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Schneider National in a research note on Monday, December 1st. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $26.07.

Schneider National Trading Down 0.9%

Shares of NYSE SNDR traded down $0.24 during mid-day trading on Tuesday, hitting $26.91. The stock had a trading volume of 218,349 shares, compared to its average volume of 887,284. The business has a 50 day moving average price of $23.01 and a two-hundred day moving average price of $23.81. Schneider National has a 1 year low of $20.11 and a 1 year high of $31.19. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.93 and a current ratio of 2.11. The firm has a market cap of $4.72 billion, a P/E ratio of 42.14, a price-to-earnings-growth ratio of 1.06 and a beta of 1.09.

Schneider National (NYSE:SNDR) last announced its quarterly earnings results on Thursday, October 30th. The company reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.21 by ($0.09). The firm had revenue of $1.45 billion for the quarter, compared to analysts’ expectations of $1.44 billion. Schneider National had a net margin of 2.03% and a return on equity of 4.04%. The company’s quarterly revenue was up 10.4% on a year-over-year basis. During the same period in the previous year, the company earned $0.18 EPS. Schneider National has set its FY 2025 guidance at 0.700-0.950 EPS. On average, equities analysts anticipate that Schneider National will post 1.12 EPS for the current fiscal year.

Hedge Funds Weigh In On Schneider National

Several institutional investors and hedge funds have recently added to or reduced their stakes in SNDR. WPG Advisers LLC bought a new stake in shares of Schneider National during the 1st quarter valued at $25,000. Quarry LP purchased a new position in Schneider National during the 1st quarter valued at about $32,000. Caitong International Asset Management Co. Ltd lifted its position in Schneider National by 2,425.4% during the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,692 shares of the company’s stock valued at $36,000 after acquiring an additional 1,625 shares during the period. Elevation Point Wealth Partners LLC bought a new stake in Schneider National during the second quarter worth about $37,000. Finally, KBC Group NV grew its holdings in Schneider National by 86.3% in the second quarter. KBC Group NV now owns 2,290 shares of the company’s stock worth $55,000 after purchasing an additional 1,061 shares during the period. Hedge funds and other institutional investors own 28.54% of the company’s stock.

Schneider National Company Profile

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.