Schneider National (NYSE:SNDR – Get Free Report) had its price objective boosted by research analysts at Susquehanna from $31.00 to $32.00 in a note issued to investors on Friday,Benzinga reports. The firm presently has a “neutral” rating on the stock. Susquehanna’s price objective suggests a potential upside of 6.68% from the stock’s previous close.
A number of other brokerages have also recently commented on SNDR. JPMorgan Chase & Co. decreased their price objective on Schneider National from $30.00 to $29.00 and set a “neutral” rating for the company in a research note on Thursday, November 7th. The Goldman Sachs Group cut their price target on shares of Schneider National from $26.00 to $25.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 9th. Citigroup downgraded shares of Schneider National from a “neutral” rating to a “sell” rating and lowered their target price for the company from $32.00 to $30.00 in a research note on Tuesday, November 12th. TD Cowen lifted their price target on shares of Schneider National from $32.00 to $34.00 and gave the stock a “buy” rating in a research report on Tuesday, November 26th. Finally, Evercore ISI lowered their price objective on shares of Schneider National from $27.00 to $26.00 and set an “in-line” rating for the company in a research report on Thursday, November 7th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, Schneider National currently has a consensus rating of “Hold” and a consensus target price of $29.85.
View Our Latest Research Report on Schneider National
Schneider National Trading Up 0.7 %
Schneider National (NYSE:SNDR – Get Free Report) last posted its quarterly earnings results on Thursday, January 30th. The company reported $0.20 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.20. Schneider National had a return on equity of 3.92% and a net margin of 2.10%. During the same period in the previous year, the business earned $0.16 EPS. As a group, equities analysts anticipate that Schneider National will post 0.7 earnings per share for the current fiscal year.
Insider Transactions at Schneider National
In other Schneider National news, CAO Robert M. Reich, Jr. sold 6,250 shares of the company’s stock in a transaction that occurred on Wednesday, December 4th. The stock was sold at an average price of $31.69, for a total value of $198,062.50. Following the sale, the chief accounting officer now owns 155,366 shares in the company, valued at $4,923,548.54. This represents a 3.87 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Shaleen Devgun sold 10,000 shares of Schneider National stock in a transaction that occurred on Friday, December 20th. The stock was sold at an average price of $29.04, for a total value of $290,400.00. Following the transaction, the insider now owns 95,191 shares of the company’s stock, valued at $2,764,346.64. This represents a 9.51 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 66,555 shares of company stock valued at $2,153,011 over the last 90 days. 32.68% of the stock is owned by corporate insiders.
Institutional Trading of Schneider National
Hedge funds have recently modified their holdings of the stock. Principal Securities Inc. boosted its holdings in shares of Schneider National by 28.4% during the fourth quarter. Principal Securities Inc. now owns 4,626 shares of the company’s stock worth $135,000 after acquiring an additional 1,022 shares during the period. Everhart Financial Group Inc. acquired a new stake in shares of Schneider National during the fourth quarter worth $244,000. Allspring Global Investments Holdings LLC grew its stake in shares of 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 acquiring an additional 11,312 shares in the last quarter. Empowered Funds LLC acquired a new stake in Schneider National in the 4th quarter worth about $365,000. Finally, Kingsview Wealth Management LLC acquired a new stake in Schneider National in the 4th quarter worth about $222,000. 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.
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