Somewhat Negative Media Coverage Somewhat Unlikely to Affect Schneider National (SNDR) Stock Price
News articles about Schneider National (NYSE:SNDR) have been trending somewhat negative recently, Accern Sentiment reports. Accern identifies negative and positive news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Schneider National earned a news impact score of 0.00 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 45.8907794863472 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Schneider National (NYSE SNDR) traded up $0.02 during trading on Friday, hitting $28.56. The company had a trading volume of 525,212 shares, compared to its average volume of 764,987. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.12 and a quick ratio of 1.93. Schneider National has a 12-month low of $17.69 and a 12-month high of $29.36.
Schneider National (NYSE:SNDR) last released its earnings results on Tuesday, November 7th. The company reported $0.23 EPS for the quarter, missing the Zacks’ consensus estimate of $0.25 by ($0.02). The firm had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.10 billion. Schneider National had a return on equity of 10.79% and a net margin of 3.61%. The company’s revenue for the quarter was up 5.5% compared to the same quarter last year. During the same period last year, the firm earned $0.24 EPS. equities analysts anticipate that Schneider National will post 0.93 EPS for the current fiscal year.
Several brokerages have weighed in on SNDR. Morgan Stanley raised their price target on Schneider National from $26.00 to $28.00 and gave the stock an “overweight” rating in a report on Wednesday, November 8th. KeyCorp started coverage on Schneider National in a report on Tuesday, October 10th. They set a “sector weight” rating for the company. UBS Group reaffirmed a “buy” rating and set a $30.00 target price (up previously from $24.00) on shares of Schneider National in a report on Friday, September 29th. BidaskClub downgraded Schneider National from a “strong-buy” rating to a “buy” rating in a report on Tuesday, November 7th. Finally, Robert W. Baird reaffirmed a “buy” rating and set a $28.00 target price on shares of Schneider National in a report on Friday, October 6th. Four equities research analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. Schneider National has a consensus rating of “Buy” and a consensus price target of $25.11.
In related news, insider Steven J. Matheys sold 62,500 shares of Schneider National stock in a transaction that occurred on Thursday, November 9th. The stock was sold at an average price of $24.20, for a total transaction of $1,512,500.00. Following the completion of the transaction, the insider now directly owns 816,014 shares in the company, valued at $19,747,538.80. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Christopher B. Lofgren sold 600,000 shares of Schneider National stock in a transaction that occurred on Thursday, November 9th. The shares were sold at an average price of $24.20, for a total value of $14,520,000.00. Following the transaction, the chief executive officer now owns 1,597,420 shares of the company’s stock, valued at $38,657,564. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 1,258,500 shares of company stock valued at $30,533,900.
About Schneider National
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.
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