Susquehanna Lowers Schneider National (NYSE:SNDR) Price Target to $24.00

Schneider National (NYSE:SNDR) had its target price lowered by investment analysts at Susquehanna from $32.00 to $24.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The brokerage presently has a “neutral” rating on the stock. Susquehanna’s price target would indicate a potential upside of 2.61% from the stock’s current price.

Several other analysts have also commented on the stock. Wells Fargo & Company lifted their price target on shares of Schneider National from $31.00 to $32.00 and gave the company an “equal weight” rating in a research report on Friday, January 31st. Stifel Nicolaus upped their price target on Schneider National from $28.00 to $31.00 and gave the company a “hold” rating in a research note on Thursday, January 23rd. JPMorgan Chase & Co. lowered their price target on Schneider National from $32.00 to $31.00 and set a “neutral” rating for the company in a report on Friday, January 31st. TD Cowen boosted their price objective on shares of Schneider National from $32.00 to $34.00 and gave the company a “buy” rating in a report on Tuesday, November 26th. Finally, Bank of America increased their target price on shares of Schneider National from $35.00 to $38.00 and gave the stock a “buy” rating in a research note on Tuesday, November 26th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, Schneider National presently has an average rating of “Hold” and a consensus price target of $30.23.

Schneider National Stock Down 1.3 %

Shares of NYSE:SNDR opened at $23.39 on Wednesday. Schneider National has a 52-week low of $20.50 and a 52-week high of $33.90. The stock has a market cap of $4.10 billion, a P/E ratio of 35.98, a PEG ratio of 0.54 and a beta of 0.87. The business has a fifty day moving average of $27.12 and a two-hundred day moving average of $28.59. The company has a quick ratio of 1.53, a current ratio of 1.66 and a debt-to-equity ratio of 0.04.

Schneider National (NYSE:SNDR) last announced its quarterly earnings data on Thursday, January 30th. The company reported $0.20 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.20. Schneider National had a net margin of 2.21% and a return on equity of 4.12%. During the same period last year, the company earned $0.16 earnings per share. On average, research analysts expect that Schneider National will post 1.12 earnings per share for the current year.

Hedge Funds Weigh In On Schneider National

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Allspring Global Investments Holdings LLC boosted its holdings in Schneider National by 780.7% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 12,761 shares of the company’s stock valued at $372,000 after purchasing an additional 11,312 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in Schneider National by 15.6% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 130,474 shares of the company’s stock valued at $3,724,000 after purchasing an additional 17,573 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Schneider National by 18.4% in the 3rd quarter. Geode Capital Management LLC now owns 746,272 shares of the company’s stock valued at $21,305,000 after buying an additional 115,814 shares during the period. Hotchkis & Wiley Capital Management LLC acquired a new position in shares of Schneider National during the third quarter worth about $9,157,000. Finally, Proficio Capital Partners LLC purchased a new stake in shares of Schneider National during the fourth quarter worth approximately $997,000. 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.