Bank of America Increases Schneider National (NYSE:SNDR) Price Target to $28.00

Schneider National (NYSE:SNDR) had its target price upped by stock analysts at Bank of America from $26.00 to $28.00 in a research note issued on Wednesday,Benzinga reports. The brokerage currently has a “neutral” rating on the stock. Bank of America‘s price objective would indicate a potential upside of 3.03% from the company’s previous close.

Other equities research analysts also recently issued reports about the stock. Erste Group Bank upgraded shares of Schneider National from a “hold” rating to a “buy” rating in a research note on Thursday, September 11th. Evercore ISI decreased their price target on shares of Schneider National from $22.00 to $21.00 and set an “in-line” rating for the company in a research report on Friday, October 31st. Stifel Nicolaus upped their price target on Schneider National from $25.00 to $29.00 and gave the company a “buy” rating in a research report on Tuesday, December 16th. Weiss Ratings reissued a “hold (c)” rating on shares of Schneider National in a report on Monday. Finally, UBS Group downgraded shares of Schneider National from a “buy” rating to a “neutral” rating and lifted their price objective for the company from $25.00 to $26.00 in a research report on Friday, September 5th. One equities research analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Schneider National presently has a consensus rating of “Hold” and an average price target of $26.20.

Schneider National Trading Down 0.3%

Shares of Schneider National stock opened at $27.18 on Wednesday. The company has a 50-day moving average of $23.56 and a two-hundred day moving average of $23.95. The stock has a market cap of $4.76 billion, a PE ratio of 42.42, a price-to-earnings-growth ratio of 1.07 and a beta of 1.09. The company has a current ratio of 2.11, a quick ratio of 1.93 and a debt-to-equity ratio of 0.17. Schneider National has a 12-month low of $20.11 and a 12-month high of $31.19.

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

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. WPG Advisers LLC acquired a new position in shares of Schneider National in the 1st quarter valued at about $25,000. Quarry LP purchased a new position in shares of Schneider National during the 1st quarter valued at $32,000. Elevation Point Wealth Partners LLC acquired a new position in Schneider National in the 2nd quarter worth about $37,000. Caitong International Asset Management Co. Ltd raised its stake in shares of 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 worth $36,000 after purchasing an additional 1,625 shares in the last quarter. Finally, KBC Group NV lifted its holdings in shares of Schneider National by 86.3% during the 2nd quarter. KBC Group NV now owns 2,290 shares of the company’s stock valued at $55,000 after buying an additional 1,061 shares during the last quarter. 28.54% of the stock is owned by institutional investors and hedge funds.

Schneider National Company Profile

Schneider National, Inc is a leading provider of transportation and logistics services in North America. The company offers a full spectrum of solutions, including truckload transportation, intermodal services and dedicated logistics. Through these offerings, Schneider supports the movement of goods ranging from dry van freight to refrigerated and flatbed shipments, while also providing customized supply chain management and warehousing capabilities.

Founded in 1935 by Al Schneider as a single-truck operation in Green Bay, Wisconsin, the company has grown into one of the industry’s most recognized carriers.