Schneider National (NYSE:SNDR) had its price target lifted by Morgan Stanley from $36.00 to $37.00 in a research note published on Friday. Morgan Stanley currently has an overweight rating on the stock.

Several other brokerages also recently issued reports on SNDR. ValuEngine downgraded shares of Schneider National from a buy rating to a hold rating in a research report on Friday, June 29th. Wolfe Research raised shares of Schneider National from an underperform rating to a peer perform rating in a research report on Monday, April 30th. Stifel Nicolaus began coverage on shares of Schneider National in a research report on Friday, June 29th. They issued a hold rating and a $29.00 price objective for the company. Zacks Investment Research raised shares of Schneider National from a hold rating to a buy rating and set a $30.00 price objective for the company in a research report on Wednesday, May 2nd. Finally, Credit Suisse Group increased their price objective on shares of Schneider National from $29.00 to $30.00 and gave the company an outperform rating in a research report on Friday, April 27th. Five analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The company has a consensus rating of Buy and an average target price of $31.33.

Shares of NYSE:SNDR opened at $27.34 on Friday. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.42 and a quick ratio of 2.27. Schneider National has a 52-week low of $20.18 and a 52-week high of $30.52. The company has a market capitalization of $4.84 billion, a price-to-earnings ratio of 29.09, a PEG ratio of 1.41 and a beta of 0.89.

Schneider National (NYSE:SNDR) last issued its quarterly earnings data on Thursday, August 2nd. The company reported $0.40 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.36 by $0.04. Schneider National had a net margin of 9.28% and a return on equity of 11.90%. The company had revenue of $1.24 billion during the quarter, compared to the consensus estimate of $1.21 billion. During the same quarter last year, the company earned $0.23 earnings per share. Schneider National’s revenue for the quarter was up 15.0% on a year-over-year basis. analysts anticipate that Schneider National will post 1.49 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Monday, October 8th. Shareholders of record on Friday, September 14th will be paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 0.88%. The ex-dividend date of this dividend is Thursday, September 13th. Schneider National’s payout ratio is 25.53%.

In related news, insider Steven J. Matheys sold 30,000 shares of Schneider National stock in a transaction dated Thursday, August 2nd. The shares were sold at an average price of $26.95, for a total transaction of $808,500.00. Following the sale, the insider now directly owns 778,897 shares in the company, valued at $20,991,274.15. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 43.46% of the stock is owned by insiders.

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Strs Ohio acquired a new stake in shares of Schneider National during the 2nd quarter valued at about $480,000. Rhumbline Advisers lifted its holdings in Schneider National by 9.2% in the 2nd quarter. Rhumbline Advisers now owns 43,318 shares of the company’s stock worth $1,192,000 after purchasing an additional 3,657 shares during the last quarter. Sei Investments Co. lifted its holdings in Schneider National by 28.0% in the 2nd quarter. Sei Investments Co. now owns 45,586 shares of the company’s stock worth $1,254,000 after purchasing an additional 9,969 shares during the last quarter. State of Wisconsin Investment Board lifted its holdings in Schneider National by 2.3% in the 2nd quarter. State of Wisconsin Investment Board now owns 409,313 shares of the company’s stock worth $11,260,000 after purchasing an additional 9,313 shares during the last quarter. Finally, LMR Partners LLP acquired a new stake in Schneider National in the 2nd quarter worth approximately $1,472,000. Institutional investors and hedge funds own 24.94% of the company’s stock.

Schneider National Company Profile

Schneider National, Inc, a transportation and logistics services company, provides truckload, intermodal, and logistics solutions in North America. Its Truckload segment provides standard long-haul and regional shipping services through dry van equipment; and bulk, temperature-controlled, final mile delivery, and customized solutions for time-sensitive loads.

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Analyst Recommendations for Schneider National (NYSE:SNDR)

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