Schneider National (NYSE:SNDR) Given Neutral Rating at Bank of America

Schneider National (NYSE:SNDR)‘s stock had its “neutral” rating reaffirmed by analysts at Bank of America in a research note issued to investors on Friday,Benzinga reports. They currently have a $25.00 price objective on the stock, down from their previous price objective of $34.00. Bank of America‘s target price would indicate a potential upside of 6.51% from the stock’s current price.

A number of other equities analysts have also recently weighed in on SNDR. Wells Fargo & Company reduced their price objective on shares of Schneider National from $32.00 to $25.00 and set an “equal weight” rating for the company in a research report on Thursday. Stephens reiterated an “equal weight” rating and set a $30.00 price target (down from $32.00) on shares of Schneider National in a research report on Monday, February 3rd. JPMorgan Chase & Co. lowered their target price on shares of Schneider National from $32.00 to $31.00 and set a “neutral” rating on the stock in a research note on Friday, January 31st. Susquehanna reduced their target price on shares of Schneider National from $32.00 to $24.00 and set a “neutral” rating for the company in a research report on Wednesday. Finally, Stifel Nicolaus boosted their price target on shares of Schneider National from $28.00 to $31.00 and gave the stock a “hold” rating in a research report on Thursday, January 23rd. One analyst has rated the stock with a sell rating, nine have issued a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $28.69.

Schneider National Trading Up 0.1 %

SNDR opened at $23.47 on Friday. Schneider National has a 12 month low of $20.50 and a 12 month high of $33.90. The firm has a market cap of $4.12 billion, a price-to-earnings ratio of 36.11, a PEG ratio of 0.54 and a beta of 0.87. The company has a current ratio of 1.66, a quick ratio of 1.53 and a debt-to-equity ratio of 0.04. The stock has a fifty day moving average price of $26.84 and a 200-day moving average price of $28.52.

Schneider National (NYSE:SNDR) last issued its quarterly earnings results on Thursday, January 30th. The company reported $0.20 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.20. Schneider National had a return on equity of 4.12% and a net margin of 2.21%. During the same quarter last year, the business earned $0.16 EPS. As a group, equities research analysts anticipate that Schneider National will post 1.12 earnings per share for the current fiscal year.

Institutional Trading of Schneider National

A number of hedge funds and other institutional investors have recently made changes to their positions in SNDR. GAMMA Investing LLC grew its stake in Schneider National by 52.6% during the 4th quarter. GAMMA Investing LLC now owns 1,306 shares of the company’s stock worth $38,000 after buying an additional 450 shares during the last quarter. Huntington National Bank raised its position in Schneider National by 237.9% in the 4th quarter. Huntington National Bank now owns 1,416 shares of the company’s stock valued at $41,000 after purchasing an additional 997 shares during the last quarter. SRS Capital Advisors Inc. increased its stake in Schneider National by 74.5% in the fourth quarter. SRS Capital Advisors Inc. now owns 1,434 shares of the company’s stock valued at $42,000 after purchasing an additional 612 shares during the period. Blue Trust Inc. raised its holdings in shares of Schneider National by 489.1% in the fourth quarter. Blue Trust Inc. now owns 1,626 shares of the company’s stock valued at $46,000 after buying an additional 1,350 shares during the last quarter. Finally, Aster Capital Management DIFC Ltd acquired a new stake in shares of Schneider National during the fourth quarter worth about $48,000. Institutional investors and hedge funds 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.