Schneider National Inc (NASDAQ:SNDR) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Tuesday.

According to Zacks, “Schneider National, Inc. is a transportation and logistics services company. It provide portfolio of premier truckload, intermodal and logistics solutions. The company operates primarily in Canada, the United States and Mexico. Schneider National, Inc. is based in Green Bay, United States. “

Several other research analysts also recently weighed in on the stock. UBS AG started coverage on shares of Schneider National in a research report on Monday, May 1st. They set a “buy” rating and a $24.00 price target for the company. Bank of America Corporation assumed coverage on shares of Schneider National in a research note on Monday, May 1st. They set a “buy” rating and a $23.00 price objective for the company. Citigroup Inc. assumed coverage on shares of Schneider National in a research note on Tuesday, May 2nd. They issued a “buy” rating and a $22.00 price target for the company. Wolfe Research assumed coverage on shares of Schneider National in a research note on Monday, May 1st. They issued a “market perform” rating for the company. Finally, Wells Fargo & Company assumed coverage on shares of Schneider National in a research note on Monday, May 1st. They issued an “outperform” rating for the company. Three equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and an average target price of $22.63.

Shares of Schneider National (NASDAQ:SNDR) opened at 22.62 on Tuesday. Schneider National has a one year low of $17.69 and a one year high of $23.30. The company has a market capitalization of $4.00 billion and a price-to-earnings ratio of 1.46. The company’s 50-day moving average price is $21.32 and its 200-day moving average price is $20.42.

Schneider National (NASDAQ:SNDR) last issued its quarterly earnings data on Tuesday, August 1st. The company reported $0.23 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.23. The business had revenue of $1.08 billion during the quarter, compared to the consensus estimate of $1.07 billion. Schneider National had a net margin of 4.32% and a return on equity of 13.37%. The company’s revenue was up 8.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.28 earnings per share. On average, equities research analysts predict that Schneider National will post $0.96 earnings per share for the current year.

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Several hedge funds have recently modified their holdings of the stock. DekaBank Deutsche Girozentrale purchased a new stake in shares of Schneider National during the second quarter valued at $111,000. Legal & General Group Plc purchased a new stake in shares of Schneider National during the second quarter valued at $173,000. GSA Capital Partners LLP purchased a new stake in shares of Schneider National during the second quarter valued at $201,000. Strs Ohio purchased a new stake in shares of Schneider National during the second quarter valued at $212,000. Finally, Tudor Investment Corp ET AL purchased a new stake in shares of Schneider National during the second quarter valued at $369,000.

Schneider National Company Profile

Schneider National, Inc is a provider of transportation, logistics and related services. The Company’s transportation solutions include one-way, intermodal, dedicated, bulk, transport management, trans loading services, international services and Schneider payment services. Its supply chain management and consulting services include logistics solution design, global supply chain services, enterprise and market entry assistance, and sourcing and compliance.

Analyst Recommendations for Schneider National (NASDAQ:SNDR)

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